Did you know that Bharti Airtel was exploring possibilityof buying MTN Group?

In May 2008, it emerged that Bharti Airtel, an India-based telecommunications company, was exploring the possibility of buying MTN Group. The Financial Times reported...
Twitter QAnon conspiracy

Twitter Nets $1 Billion In Quarterly Revenue For The First Time

Twitter just released its Q4 earnings report today. From the report, the California based social media company was happy to announce that for the...

Bolt launches food delivery services Bolt Food

Bolt, the ride-hailing service formerly known as Taxify is venturing into food delivery service, Bolt Food. The Estonia-headquartered company has already introduced the service in...

Jumia Black Friday Goes Live, Over 100,000 customers log in

The 2019 Jumia Black Friday finally kicked off last night Thursday, November 9th. Jumia Black Friday went live at exactly 11:59 and is expected...

Uganda’s SolarNow opens its first branch in Kenya

With the demand for solar energy rapidly increasing, Uganda-based solar energy company SolarNow has now set its eyes for the Kenyan market. The company...

Liquid Telecom named Best African Wholesale Carrier at Global Carrier Awards

Liquid Telecom has for the fourth consecutive year been named the Best African Wholesale Carrier at the 11th annual Global Carrier Awards with the...

PayPal is Blocking M-Pesa Linked Accounts Over Fraud

In April this year, Safaricom announced a new partnership with the online payment service and TransferTo to allow M-Pesa customers to send money or...
Upesi Money transfer Diaspora Remittance

Consumer benefits of using fintech for diaspora remittance

For most Kenyans living abroad, sending money back home can at times be a costly and a complicated ordeal. Traditionally, most of these Kenyans...

Internet Solutions is pilots consumption-based bandwidth service in Kenya

Internet Solutions is in the process of piloting a consumption-based billing service for its connectivity business as the demand for bandwidth rises in the...

Jumia launches free 3-month guarantee on products above KES.1,500

In a bid to enhance customer confidence in online shopping, online retailer Jumia Kenya has announced a free, 3-month guarantee on products valued above...

Safaricom partners with Visa to develop M-Pesa products for customers and merchants

Safaricom  has entered into a new partnership with digital payments leader Visa to develop products that will support digital payments for M-PESA customers.   The partnership...

FINCA and First Access Announce World’s Largest Microfinance Fintech Collaboration

FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, has announced a new collaboration that will create the...

Safaricom launches ‘Safaricom Twaweza Live’ campaign

Safaricom has today unveiled a new campaign for its customers and communities around the country. Known as the ‘Safaricom Twaweza Live’ , the campaign...
Huawei Mate X foldable phone

Huawei Has Lost Over US$60 Million On Foldable Phones

Like other tech companies using Google’s Android, Huawei joined the run for making foldable devices early to compete with Samsung. The company’s first commercially...
Samsung Galaxy S-series device

Global Smartphone Sales Suffer Worst Decline in History Due To Ongoing Covid-19 Pandemic

The global coronavirus outbreak, which is believed to originate from China, has adversely affected economies around the world. In the technology industry, the impact...

Business: Petrol, Diesel and Kerosene prices go up in ERC June fuel review

Motorists in Nairobi will for the next one month pay Ksh 108.81 per litter for super petrol up from Ksh 107.17 in the month...

Safaricom’s M-PESA revenues from betting declined by Ksh.1.9B

Safaricom's M-Pesa revenue shrunk by 33%, amounting to a whooping 1.9 Billion due to reduced betting activities in the country. This is according to...
Safaricom Calling Rates

Safaricom, The Star and People Daily Partner for KES.10 Digital Newspapers

Safaricom has partnered with Radio Africa Group and Mediamax to enable customers purchase The Star and People Daily e-Papers for KES.10 per issue. This...

Digital payments could boost tax revenue and drive economic modernization in Tanzania

Digital payments could drive economic modernization in Tanzania each year, a new study has found. The study by the United Nations-based Better Than Cash...

Key Ways To Help Reduce Your Risk Of Bankruptcy In Business

By Gail Wilson. For small businesses, reaching their fifth year of operations may seem like a journey. Based on statistics, only 3% of business ventures make...

Banking Sector urged to go digital to build resilience and sustainable growth post Covid-19

Bankers from Sub Saharan Africa and China who attended the Huawei Sub-Saharan Africa Financial Services Industry Online Summit 2020 agree that digitisation of the...
Huawei Logo

Huawei Expects a $10 Billion Loss As a Result of The US Ban

Huawei, the world’s second-largest smartphone maker, has again provided estimates of the impact of the on-going trade ban. But this time, the estimates are...

We want to be a world-class leader in Microfinance lending in East and Central...

According to the World Bank, less than a quarter of adults in Sub-Saharan Africa have access to formal financial services. What this basically means...

Zuku’s email subscription service is a complete joke

Is an Email subscription service a great idea in 2019? I can’t believe we have to talk about this now but either way, we...
DPO Group is being fully acquired by Network International

Africa’s online commerce platform DPO Group is being acquired by Network International

DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa has announced that it is being acquired by Network International. Network International,...

Expect the Jumia Black Friday 2018 to be twice as big as last year

Jumia Kenya officially unveiled its Jumia Black Friday 2018  sales event this month. The one-month event will run from 2nd to 30th November under...

Electronic Cargo Tracking System (ECTS) a Cost-Effective Tool in Transit Trade

Trailer and cargo tracking provides multiple benefits for the logistics industry in the global and East Africa region. In Kenya, the sector accounts for...
WhatsApp digital payments system

Brazil Suspends WhatsApp’s Payment Service

Earlier this month, Facebook-owned WhatsApp unveiled a digital payment system in Brazil, the company’s second-largest market after India. In a surprise move, Brazil has...

Africa eCommerce Week: Africa had 21 million online shoppers in 2017

Africa had 21 million online shoppers in 2017 according to a report by UNCTAD, the United Nations body that oversees trade for development. The...

Airtel records an increase market share gains for Data, Voice and SMS

Airtel Kenya has recorded an increase market share gains for data, Voice and SMS, this is according to the Quarterly Sector Statistics report released...
Safaricom

Safaricom All In One monthly bundles now comes with free 5GB YouTube access

The Kenyan industry has seen a steep rise in both video and music streaming needs. Thus there has been an opportunity that any mobile...
Netflix on TV

Netflix Gained 15.8 Million Paying Customers Globally In Q1 2020 Beating Its Expectations Due...

With several conventional industries experiencing what seems like one of those all-time low seasons, the streaming has seen an upsurge in usage. Several streaming companies...
Metropol TV Launch

Metropol TV, Kenya’s first 24-hour business news channel launched

Business Information and Credit Management Company Metropol Corporation has launched Metropol TV, the first Kenyan 24-hour business news channel. The channel will feature a...

Discover and Verve Launch Verve Global Card

Verve, a payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, have launched the Verve Global Card. Cardholders...

#TechTrendsChats : Safaricom CEO, Peter Ndegwa on Telco’s expansion plans to Ethiopia and other...

Safaricom expansion plans to Ethiopia:  Safaricom has been planning to expand to the Ethiopian market for a while now. When the company announced its...

Businesses in Africa worried about market volatility and political risks

Businesses operating in Africa increasingly worry about the unpredictable business environment where markets are volatile and political perils are on the rise. This is...

Time for every business to adopt integrated payments

If you run a business, every time you accept payments from your customers, their’s a cost. The costs are especially more obvious when dealing...

Kenyans in diaspora sent home over Sh. 25 billion in the month of May

Kenyans in the diaspora remitted back to the country over 25 billion in the month of May. This is an increase of about 4...
Safaricom to connect Coca-Cola coolers with data collection sensors

Safaricom to connect Coca-Cola coolers with data collection sensors

Coca-Cola has partnered with Safaricom to connect its coolers with data collection sensors that will enable the company to enhance its offering to retailers...

Safaricom Announces New Bundles That Offer Both Calls and Data

Safaricom has today announced new “All in One Monthly Bundles” that will see customers enjoy discounted data and calling rates in one package. The...

M-Pesa Customers to access their monthly statements via email

Safaricom has announced a new service that allow M-PESA customers to access monthly statements free of charge via email. The service is one of the...

Making Your Home Smart

The world is changing in terms of technology. They say home is where your heart belongs. Home is where you get the little joys...

Jumia Black Friday Ultimate Battle – iPhone X + Samsung Galaxy Note 9

We have previously told you about the Jumia Ultimate Black Friday 2018 deals which will begin on the 23rd of November 2018 at 9...

Safaricom Waives Fees For M-PESA Transactions Below Ksh 1000 Over Coronavirus Outbreak

Safaricom has announced that they have waived off all the transaction fees for M-PESA transactions below Ksh 1000. In a press release late this...

Growth in Fintech drives growth in cyberattacks, Kaspersky

Africa’s Fintech sector is booming! According to reports, Africa’s Fintech ecosystem has surged 60% in the last two years and the continent’s Fintech firms have...
fitbit watch

Google Acquires Wearables Company Fitbit for $2.1 Billion

After some rumors that Google was in talks with Fitbit for a possible purchase, both companies have come clear yesterday disclosing the matter. Google...

Huawei Surpasses Apple To Become The Second-Best Selling Smartphone Brand Globally In 2019

Huawei had a rough time in 2019. From the US blacklist that barred the company from trading with its partners to being prohibited from...
huawei

Huawei can now resume business with US-based tech companies- Trump

After weeks of struggling and tussling with the United States government over the trade ban, the Chinese tech behemoth Huawei can now continue business...

Video: What you missed from the Airtel Sondeka Festival 2015

Sondeka is Africa’s first annual creative festival, which serves as a platform for numerous events, activities, exhibitions that showcase Africa’s creative industry and promote...

Use of drones in the Shipping sector set to take-off

This year saw the first successful ocean rescue of two swimmers in rough seas in Australia by drone. A number of companies are developing...
Safaricom CEO Peter Ndegwa

Safaricom Customers Redeemed 1 Billion Bonga Points in 2 Months

Safaricom’s Bonga For Good initiative which was launched by the telco on 3rd April 2020, came to an end on 4th June. The program was...
Visa launches new initiative to support Small Businesses in Kenya

Visa is partnering with MFS Africa to boost digital payments among African consumers and...

Visa and pan-African fintech leader MFS Africa have announced a partnership to boost digital payments among African consumers and businesses. This new partnership, according to...

Hellofood on Managing the Customer Service Experience for food delivery

Any business or organization worth its salt knows that customer is king and will always work towards satisfying the customer’s needs, providing him with...
Uber cash Africa

Uber’s Ride-Hailing Service Banned In Germany And Colombia

Uber’s ride-hailing business has been banned after a regional court in Frankfurt, Germany decided that the US company has no necessary license to offer...

mkey, Finserve’s new keyboard app lets users save, borrow and connect with their friends

Finserve, an independent arm of Equity Group has launched mKey, a keyboard app that combines both financial social and lifestyle services. The keyboard app...
Ecobank

Ecobank Named Most Innovative Bank in Africa

Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the...
Open Banking

Open Banking opens up new opportunities for Banks in Africa

Open Banking is a global FinTech trend that is revolutionising the financial services landscape across the world by enabling banks acquire the skills and...
Branch International

Branch raises Ksh.350 Million to expand its loan product offerings in Kenya

Mobile loans company Branch International has raised Sh350m to expand its loan product offerings in Kenya. The commercial paper issuance was arranged by Centum-owned capital-raising...

SBM bank acquires 75% Chase Bank deposits and assets

SBM bank Kenya has officially acquired 75 percent of Chase Bank assets and deposits. This is after the Central Bank of Kenya and Kenya...
Safaricom Free M-pesa transfer

DCI George Kinoti says efforts to fight SIM swap fraud on course

The Director of Criminal Investigations George Kinoti has assured the public that the fight against Sim Swap fraud is on course. The DCI was speaking...

Jumia partners with Posta Kenya to expand its pickup stations countrywide

Jumia Kenya has entered into a new partnership with Postal Corporation of Kenya to expand its pickup up stations across the country ahead of...

Tips for Startup Businesses: How Structured Cabling Improve Network Connections

It’s a fact that technology is a crucial factor in a business’s success. Starting and running a business can be a challenge, but with...

Visa Patners with four banks to launch mVisa mobile payment service in Kenya

Visa has today introduced a new mobile payment service in the country. Known as mVisa, the company says the service is will accelerate digital...

Airtel Records growth in Market Share by Voice Traffic

Airtel Kenya has recorded growth in market share by voice traffic to 16.8 per cent from 9.8 per cent in the year ended December....

Mobile Money: HelloCash mobile money services launches in Ethiopia

Lion International Bank and Somali Micro Finance in partnership with Ethiopian based technology service provider BelCash Technology Solution PLC have launched the official pilot...
Samsung Galaxy A51 with box

Samsung Reports “Weaker” Smartphone Sales in Q2

Samsung has earlier today released its Q2 2020 earnings report showcasing the performance of various arms of its business. The company’s profits were up...
Intel modem

Apple Now Owns Intel’s Smartphone Modem Business

Despite investing billions in its smartphone modem business over the years, Intel was forced out of the market by Qualcomm. The company sold its...

Samsung Plans To Sell 8 Million QLED TVs In 2020

South Korean tech giant, Samsung, has not only been the biggest smartphone vendor but is also one of the industry-leading companies in the TV...

World Bank Approves Ksh.18 billion to Support Kenya’s Energy Sector

The World Bank has today approved Ksh.18 billion to support the energy sector in Kenya. The loan guarantee will be used to mobilize private...

Stima sacco launches m-pawa, a revolutionary mobile solution

By Nixon Kanali, TechTrendsKE Stima Sacco has unveiled a new service that will see its members access an array of financial solutions through their mobile...

Airtel Kenya Partners with National Bank to offer mobile banking services

Airtel has today a new partnership with National Bank of Kenya to deliver mobile banking services through the Airtel money service. The service will see...

Kenyans abroad are the biggest senders of mobile to mobile remittances

Kenyans in the diaspora are the biggest senders of digital remittances to mobile accounts. This is according to new data released by WorldRemit to...

IDC, Oracle to Host Exclusive Roundtable for Banking Executives in Johannesburg

Oracle and International Data Corporation (IDC) are to jointly host a Banking Executive Roundtable later this month at the Saxon Hotel, Villas & Spa...

Jumia Travel Launches “Travel Wednesday” across its platform

Jumia Travel has launched a campaign dubbed “Travel Wednesday” running every Wednesday to Friday on the company’s official website. The campaign’s main objective is...
Safaricom CEO Peter Ndegwa

Safaricom Bids For Telco License in Ethiopia

Kenya’s largest telco, Safaricom, has filed a fresh bid for a license to operate in Ethiopia. The company will battle 11 other telco companies...

Samsung opens its largest retail store in Africa at Two Rivers Mall

Samsung Electronics has opened a new interactive store at Two Rivers Mall bringing to 29, the total number of Samsung Experience Stores across the...

Mobile Money: Ingenico Group wins ‘Financial Inclusion Platform of the Year award

Ingenico Group the global leader in seamless payment has won the ‘Financial Inclusion Platform of the Year’ Award at the 5th edition of the annual...
huawei

Huawei Q3’ 19 Results Show The Company is Still Doing Well Despite US Ban

Huawei has been under the limelight since the US ban back in May. Although the US eased up the ban, that only allowed the...
Huawei conference in China

Huawei Has Sold 37 Million Units of The P30 And Mate 20 Devices

There is a reason why Huawei has been so much vocal about its business performance. Whatever it is, it must be in line with...

Uber records a whopping $1.27 billion loss in the first half of 2016

Ride hailing service Uber, has reportedly lost a cool $1.27 billion in the first half of 2016 alone. According to a report published by...

Travelfix.CO, an Online Travel Agency launches in Nigeria

Travelfix.CO, Africa’s fastest growing travel solutions provider has launched an online booking portal, that will offer Nigerian travellers discounted rates on flights, hotel, transfers...

Safaricom Partners With KAPS to Enable M-PESA Parking Payment

Safaricom has partnered with KAPS to enable motorists across the country pay for their parking by M-PESA. The partnership will see the service provider...

The Main FinTech Disruptors of International Money Transfers

The international money transfer market has experienced significant changes since the turn of the last century, primarily because of the Internet’s widespread coverage and...
CBK Seeks to Regulate Digital Lenders in Kenya in new Proposed Bill

Digital Lenders Oppose CBK’s Plans to Regulate Mobile Loan Interest Rates

As part of the Central Bank of Kenya (Amendment) Bill, 2020, the banking regulator is about to be given power over digital lending platforms...
Safaricom CEO and other panel members

Safaricom FY20 Revenue Grew by an impressive 14.3% to KShs.71.7 Billion Beating Expectations

Kenya’s largest telco, Safaricom, has just released its financial results of the year, which has indicated strong revenue growth. Profits were up from KShs...

Airtel Kenya names new CEO as Adil Youssefi exits

Airtel Kenya has announced the appointment of Prasanta Das Sarma as the new Managing Director. Prasanta Das Sarma takes over from Adil Youssefi who according...

TAI+ has launched an app to directly link Kenya truckers and cargo shippers

Estonian based technology company TAI+ has launched a mobile App that enables truckers to connect cargo shippers directly in real-time in Kenya. The App will...

SwitchLink Africa – Leveraging technology to drive efficient remittance

Latest data from the Central Bank of Kenya (CBK) indicates that Kenyans living and working abroad sent home Sh67.16 billion in the first three...
Uber cash Africa

Uber launches Uber Cash in Partnership with Flutterwave in Africa

US-born ride-hailing company, Uber, plans to launch Uber Cash, a digital wallet feature in partnership with Flutterwave in Africa.   Uber Cash provides a simple...

Samsung recalls 2.8M Washing Machines due to impact injuries

Samsung might just be having one of its worst years ever, after the massive problems with the Galaxy Note 7, the company has yet...
Jumia Home Makeover campaign kicks off on April 24th, up to 50% discounts on various home appliances

Jumia Home Makeover campaign kicks off on April 24th, up to 50% discounts on...

The 2019 Jumia Home Makeover campaign is here. This time round Jumia has teamed up with top brands like Mika, Philips and Ramtons amongst...
WhatsApp icon

WhatsApp’s Payment Service Set To Be Rolled Out In India By End Of May

WhatsApp’s UPI based payment service, WhatsApp Pay, is finally ready to be launched in India. After around two years since initial testing was done in...

Leadway Insurance – Your Go-To Insurance Broker company

Kenya has a number of insurance companies ranging from industry giants with thousands of policies in force to small companies that sell only a...

How to market your property online

By Joyce Mbaire, As a homeowner, you may decide to cash in on your real estate investment for one reason or the other. Whatever your reasons may...

Jumia Named Among MIT Top 50 Smartest Companies 2017

Jumia Group (formerly Africa Internet Group), has for the second consecutive year been named in the list of MIT’s 50 smartest companies - 2017....

Tigo Pesa customers in Tanzania pocket $2.3M in quarterly profit share

Last week was a good week for Tigo Pesa user after they were paid a total of $2.3m as profit share paid every quarter...

Boost your business profits with SwitchLink Africa’s Seamless Payment Processing service

If you run a business, it’s time to integrate payment processing with your accounting and ERP software.  The payments processing industry in Kenya has...

Safaricom introduces ”Advantage Plus”, a new post-pay tariff

Safaricom has announced the launch of a new post-pay tariff offering bundled Voice, SMS and Data services. Dubbed “Advantage Plus,” the tariff will be...

Safaricom and M-Gas partner to offer prepaid gas services for Kenyan homes

Safaricom and M-Gas have launched a prepaid gas service for Kenyan households. The new service according to the two is expected to empower Kenyan homes...

Solar Energy firm Fenix International now powering 30,000 Zambian households

Leading pay-go energy company Fenix International, has reached 30,000 Zambian households just 9 months after expanding into the country.  This rate of growth exceeds...
Mobile money transfer

Kenyans To Continue Sending Up to Ksh 1000 Via Mobile Money for Free till...

In March, the Central Bank of Kenya rolled out several measures to cushion locals from the adverse effects presented by the pandemic. The first measure...

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Ngao Credit: Here’s how to take advantage of our Import Financing...

Ngao Credit Import Financing: If you have plans to purchase your dream car this year, chances are that you have considered import financing.  Import financing...

24Bit Podcast Ep 24: Buying Smartphones Through Device Financing Plans

In this latest episode of our 24Bit podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss different device financing plans in Kenya including Lipa...

EDITOR'S PICK

Samsung Unpacked: Here’s how you can watch the Galaxy Z Fold...

Samsung is hosting the Unpacked event on Wednesday August 5th online. During this event we expect the company to announce the Galaxy Note 20 and Galaxy...