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News
AR/VR Meta Hackathon Winners Awarded in Nairobi
On a chilly Sunday afternoon at the basement of the iconic building, The Mall, in Westlands, Nairobi, a group of…
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News
Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
Nigerian cross-border payments startup Chipper Cash has laid off nearly 13% of its workforce, reports indicate. Many employees from various…
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News
Local startups to showcase at the UK-Supported Kenya Innovation Week
Kenya Innovation Week kicked off in Nairobi on Tuesday to showcase UK-funded programmes that are breaking ground with emerging technologies…
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News
Safaricom PostPay and All-in-One monthly plans consolidated under Go Monthly proposition
Safaricom is merging its PostPay and All-in-One plans into one Go Monthly proposition. The telco says this move will see…
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News
South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
South African- based early-stage technology venture capital fund manager 4Di Capital has announced a close of a new US$25 million…
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News
Evolution of the microfinance sector in Kenya: How Kenyan online businesses can thrive
According to a McKinsey report, African financial services are now undergoing a structural shift. About 10 percent of all transactions…
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News
Egyptian supply chain solutions provider OneOrder has raised $3 million
Egyptian supply chain solutions company OneOrder has raised $3 million in seed round funding led by Nclude, with participation from…
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CLOUD
iColo expects demand for colocation centres in Kenya to increase
As internet penetration in Kenya continues to increase, the demand for data centres is also booming. Customers in the country…
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News
Leading Identity Verification Startup, Verified.Africa Launches in Kenya
Verified.Africa, a leading provider of ID verification, document verification, and digital KYC compliance solutions, has launched in Kenya. With this…
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CYBER SECURITY
Sophos new MDR now features industry-first threat detection and response capabilities
Sophos today announced the general availability of Sophos Managed Detection and Response (MDR) with new industry-first threat detection and response…
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News
Lipa Later acquires SkyGarden for an undisclosed sum
SkyGarden, the e-commerce platform has been acquired by Buy Now Pay Later (BNPL) Lipa Later for an undisclosed sum. Lipa…
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News
New program to equip local teachers with laptops launched
Casa da Louisa (CDL) has launched a new programme to equip teachers in public schools across Kenya with a laptop.…
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News
Leading Nigerian crypto platforms are on downsizing spree as markets plunge
The crypto market has been hard hit by an unprecedented fall in prices. The collapse of FTX, seen as one…
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News
Ex-Jumia executives launch new e-commerce platform
Former Jumia executives have teamed up to launch a new e-commerce company called “Kapu”. Launched on Monday, the new platform…
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News
Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
Kenya’s Asset Recovery Agency (ARA) has dropped fraud charges against Nigerian fintech Kora. The startup was in July accused of…
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News
Lipa Later to acquire popular e-commerce Startup Sky.Garden
Buy Now Pay Later (BNLP) company Lipa Later is acquiring troubled Kenyan e-commerce startup Sky.Garden. This comes about three weeks…
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CLOUD
Africa Data Centres to expand Sameer facility in Nairobi by 15MW of IT load
Africa Data Centres is expanding its Sameer facility in Nairobi by up to 15MW of IT load. The firm has…
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New Appointments
Businesswoman Mary Wambui appointed as Communications Authority chair
Mary Wambui Mungai has been appointed the new board chair of the Communications Authority of Kenya (CK) effective December 2,…
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News
Safaricom’s YouTube Shorts Challenge Kicks-Off, KES 60 Million Worth of Prizes up for Grabs
Safaricom in partnership with YouTube has kicked-off a new YouTube Shorts Challenge which will see up to 3 million customers…
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News
Ex-Jumia executives to launch a new e-commerce platform next week
Former Jumia executives have joined forces to launch a new e-commerce company. Known as Kapu, the new platform is expected…
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News
Copia Global and Cellulant have partnered to help diaspora customers pay for services
Copia Global has partnered with pan-African payment technology company Cellulant to make it easier for its customers in the diaspora…
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News
Kenyan Smartphone Reseller Badili Has Raised $2.1 Million in Pre-Seed Funding
Badili Africa, a company that allows customers to trade in their old phones for new ones at friendly prices has…
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News
Hustler Fund: How to apply and everything else you need to know
The Hustler Fund finally went live this week. President William Ruto launched the digital financial initiative on November 30th which…
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News
ANNALISA PLACHESI: Why NGOs should embrace the digitisation of payments and collections
Digital payments have fundamentally transformed lives across Africa by providing access to financial infrastructure and enabling innovation. More jobs have…
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Featured
More Winners Land in Qatar Courtesy of Odibets
Barely a week after the first batch of winners of the ‘Twende Qatar na Odibets’ promo landed in the Middle…
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News
StarTimes upgrades bouquets ahead of festive season
Pay Television Company StarTimes Media has introduced a bouquet upgrade campaign for its subscribers ahead of the festive season. The…
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News
Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
Nigerian food-tech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.…
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News
Spotify Wrapped: Drake was the most streamed artists in Kenya on Spotify this year
Spotify today announced the arrival of Wrapped 2022, its yearly look back at what songs, artists, albums and playlists people…
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News
VMware Cloud on AWS Expands to Africa
VMware today announced VMware Cloud on AWS is now available in the AWS Africa (Cape Town) Region. With VMware Cloud on…
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CLOUD
Vertiv unveils new Liquid Cooling Solution for Data Centres
IT infrastructure company Vertiv has unveiled a new liquid cooling solution for data centres in EMEA. Known as Liebert XDU,…
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News
Kenya’s all-electric taxi company NopeaRide has shut down
NopeaRide, the first fully-electric taxi company that has been in operation since 2018 is folding up its business in Kenya,…
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News
Media Council of Kenya Officially Recognises Mobile Phones as Tools for Journalism
The Media Council of Kenya (MCK) has acknowledged smartphones used by accredited journalists as professional media equipment. In a statement…
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News
Epson Transforms Print Environment by Strengthening IoT Security
Epson’s smart printers and multi-function peripherals (MFPs) are revolutionizing the print environment by strengthening the Internet of Things (IoT) device…
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News
Twiga Foods Launches Fulfillment Centre To Serve the East African Region
Agri-tech startup Twiga Foods has launched a multi-million dollar distribution centre aimed at serving manufacturers, brand owners, and farmers across…
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News
Data firm Periculum launches Utambuzi, a personal financial management tool
Periculum, a data analytics firm that uses machine learning to provide real-time solutions to individuals and organizations has introduced Utambuzi,…
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News
M-TIBA Partners With Sweden’s BYON8 to Expand Telehealth Services
Kenyan health-tech platform M-TIBA has partnered with Sweden’s online doctors’ platform BYON8 to expand access to telehealth services for its…
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News
Autochek has launched a vehicle financing subsidiary for customers across Africa
Autochek, the automotive technology company that is simplifying car ownership across Africa, has announced the launch of Autochek Financial Services.…
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News
OPPO Kenya Launches Football Challenge, KES 90K Up For Grabs
OPPO Kenya has launched a football challenge that will see Kenyan fans bring out their best football skills. The smartphone…
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News
Fintech startup Hisa unveils real-time online stocks trading platform
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones…
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CLOUD
Africa Data Centres to build its first data centre in Kigali
Africa Data Centres has revealed plans to build its first data centre in Kigali, Rwanda. The data centre will have…
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Blockchain
More than 2000 developers joined the Polygon Africa Web3 Bootcamp
In September, blockchain platform Polygon opened applications for its Web3 Bootcamp targeting African developers. The Polygon Bootcamp and Hackathon was…
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News
Kenyan Supply Chain and Logistics Startup Leta Secures $3M Funding
Kenyan supply chain and logistics startup Leta has secured a $3M pre-seed equity round led by 4Di Capital, Chandaria Capital,…
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News
Increased taxation on SIM Cards and phones eat into Safaricom’s half-year profits
In the Finance Act 2022, the government of Kenya imposed a 10% excise duty on the importation of cellular phones…
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News
Online fraudsters using sophisticated software to access digital loans, JuicyScore
Cases of fraudsters illegally accessing digital loans from fintech platforms in Africa have been on the rise over the last…
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Startups
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
Tanzanian supply chain solutions provider Ramani has raised $32M in debt and equity in a Series A round that was…
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News
Safaricom M-PESA Go for juniors explained
M-Pesa Go: A number of banks in Kenya offer what they call special kids savings accounts that enable young children…
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News
Pan-African solar company Solarise Africa raises $33.4M
Solarise Africa, a pan-African Energy-as-a-Service company that provides reliable and affordable energy solutions across Africa has raised $33.4M to expand…
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Featured
First Batch of Odibets Winners and Influencers Depart for Qatar
The lucky winners of the ‘Twende Qatar na Odibets’ promo on Thursday, November 24, departed the country for Qatar. Kenya’s…
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News
KenGen to install 30 electric vehicle charging stations across Kenya in 2023
Energy producer, Kenya Electricity Generating Company PLC (KenGen) has launched a pilot project for Electric Vehicles (EVs) in Kenya, a…
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News
Digital Lending App Zenka Has Written Off Sh166 Million Defaulted Loans
Just a week after the Central Bank of Kenya(CBK) directed digital lenders to work with loan defaulters in helping them…
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News
TECNO 2023 phones to feature great AI and photography capabilities
The demand for premium smartphones has increased consistently over the last couple of years, courtesy of technological breakthroughs in various…
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News
KRA seeks to tax those who trade cryptocurrencies in a new Bill
The Kenya Revenue Authority (KRA) is seeking to introduce taxation on cryptocurrencies and digital wallets. Through the Capital Markets (Amendment)…
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News
ASUS 2022 Laptops Offer up to 2.5X performance over previous Models
ASUS 2022 Laptop: Modern laptops tend to be very powerful. This is the case for all segments as we can…
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CYBER SECURITY
Criminals “Follow the Money” by Commercializing Cybercrime, Sophos report
A new Sophos today published its 2023 Threat Report has detailed how the cyberthreat landscape has reached a new level…
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News
Liquid launches cyber security centre to help fight cyber crime in the country
Liquid Intelligent Technologies has launched a Cyber Security Fusion Centre (CSFC) in an effort to respond better to cyber threats.…
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News
Safaricom Bonga Points will now have an expiry date from January 2023
Starting January 1st, 2023, Safaricom’s loyalty program popularly known as Bonga Points will be expiring if not used up, in…
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News
![[24Bit Podcast] What is Safaricom 5G WiFi for Home and Businesses?](https://techtrendske.co.ke/wp-content/uploads/2022/11/Safaricom-5G-Network--390x220.webp)
[24Bit Podcast] What is Safaricom 5G WiFi for Home and Businesses?
Safaricom went commercial with 5G in Kenya a couple of weeks ago officially becoming the first operator in East Africa…
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News
Modus Africa sets aside $75M to support African AI and blockchain startups
African AI and blockchain startups are set to benefit from Modus Africa fund, an African –focused venture capital firm under…
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News
Kenyan health-tech startup MYDAWA launches online platform to help in HIV prevention
Kenyan health-tech startup MYDAWA famous for its e-pharmacy platform has launched the first Kenyan online solution for HIV prevention. The…
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News
Visa to pilot Pay with Your Face payment solution at FIFA World Cup in Qatar
Payments technology company Visa is piloting a Pay with Your Face payments solution at the FIFA World Cup Qatar 2022…
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News
Kenya’s agri-tech startup Stable Foods has raised $600k in funding
Stable Foods, a Kenyan agri-tech startup offering a host of solutions to small-scale farmers has raised $600k in funding. The…
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News
Tecno Wins Most Innovative Mobile Phone Manufacturing Brand, Asia Awards
TECNO Mobile has won the “Most Innovative Mobile Phone Manufacturing Brand in Asia” award at the Global Brand Awards hosted…
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News
Google directs digital loan apps to obtain CBK license before appearing on Play Store
The new regulations by the Central Bank of Kenya (CBK) requiring proper registration of all digital loan apps has gotten…
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News
Xiaomi Kenya Black Friday Deals To Look Out For
Xiaomi has launched its Black Friday campaign running across all Xiaomi Stores, and partner retail stores in Kenya. The company…
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News
OPPO Black Friday Deals To Look Out for in Kenya
OPPO Kenya is kicking off the holiday shopping season early with its Black Friday Sale, which will be running from…
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News
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3…
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News
Social media platforms failed to stop misinformation in Kenya’s elections
A study by Mozilla Foundation has revealed that social media platforms Facebook, TikTok and Twitter performed poorly in their efforts…
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News
IFC has launched a $225 million VC subsidiary to fund early-stage African startups
The International Finance Corporation (IFC) has launched a $225 million venture capital subsidiary to invest in early-stage startups across Africa,…
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News
LG to champion expansion of digital laundromats across the country
LG Electronics on Tuesday announced its commitment to champion the overall expansion of digital laundromats across the country and formalize…
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News
Epson is killing Laser Printers in Favour of Inkjet Printing
Epson has announced that it’s ending sales of laser printers citing the technology’s limited ability to make meaningful sustainability advances. …
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Gadgets
ASUS new ExpertBook laptops with OLED displays launched in Kenya
Asus on Wednesday announced a handful of new ExpertBook laptops in Kenya targeting business users. The new range of laptops…
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News
Kenya-based Electric Vehicle Manufacturer BasiGo has raised $6.6 million in funding
BasiGo, the Kenyan-based electric manufacturer working to bring EVs for public transportation has raised $6.6 million (Sh804.5 million ), in…
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CYBER SECURITY
Sophos Earns Trifecta of Perfect Scores in SE Labs Endpoint Protection Report
Sophos’s endpoint security products have been ranked as the industry best in all three of SE Labs’ protection tests in…
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Featured
Awinja Brings Rongai to Standstill After Man Wins Ticket to Qatar on Odibets
Ogoti is one of the lucky Kenyans that will enjoy the experience in the Qatar courtesy of betting firm Odibets.…
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Featured
Odibets Gifts Lucky Radio Presenter with Ticket to Qatar
Barely two months after Odibets launched a promo to take their loyal fans to Qatar, the betting firm has started…
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News
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
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News
Ghana and Nairobi Stock Markets Linked Through New Technology Platform
Technology company SecondSTAX, has successfully linked the Ghanaian and Kenyan stock markets, allowing corporations to trade on both entities with…
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News
Safaricom plans to introduce mobile numbers for juniors, allow them save on M-Pesa
Safaricom has been contemplating the idea of mobile numbers for juniors for a while, and the idea is seemingly taking…
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News
CBK kick-starts process to remove 4.2 million digital borrowers from CRB
The Central Bank of Kenya (CBK) has directed financial institutions to work with more than four million Kenyans who have…
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News
YouTube Music and Premium services hits 80 million subscribers
YouTube Music and Premium launched their subscription-based service in 2018, after several false starts. The platform has risen to rank…
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News
Anti-fraud & Risk Management Firm JuicyScore appoints Chris Akolo Regional Business Development Director for Kenya
After announcing its entry into the Kenyan market recently, JuicyScore has now appointed Chris Akolo as its Regional Business Development…
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News
South Africans Must Up Their Game Against Cybercrime
South Africans are not performing well when it comes to cybercrime. We are ranked fifth out of 37 countries for…
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Featured
Top Reasons Why It Is A Good Decision To Incorporate A Company
There are many reasons why it is a good decision to incorporate a company. Perhaps the most obvious reason is…
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Gadgets
Budget Nokia C31 launched in Kenya for KES 16,000
HMD Global has unveiled Nokia C31 in Kenya, its latest addition under the C-series to be launched in the country. The budget…
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News
New Mobile Termination Rates affected Safaricom’s half-year results
In August this year, the Communication Authority (CA) introduced new Fixed and Mobile Termination Rates (FTR and MTR). These are…
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News
Sky.Garden will not fold up, it has found a new buyer
In September, news of the impending extinction of popular e-commerce website Sky.Garden caught the tech industry by surprise. When we…
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Gadgets
Itel brings camera focused itel S18 smartphone series to Africa
itel has officially launched its newest high-definition short video smartphone S18 Series in Kenya and other African markets comprising the…
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News
Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA
UAE-based logistics services provider X-ERA has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion strategy. SPEED connects suppliers…
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News
Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme
Kenyan GrowAgric and Aquarech are among nine startups from across the continent that have been selected for the Katapult Africa…
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News
More than 740k customers have so far joined Safaricom network in Ethiopia
Safaricom has revealed that more than 740,000 customers have joined its network in Ethiopia during its first month of operation.…
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News
Airtel Africa and OneWeb to provide satellite internet connectivity across Africa
OneWeb, a London-headquartered communications solutions company has partnered with Airtel Africa to provide satellite internet connectivity across the continent. The…
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News
Binance Backs out of deal to acquire rival crypto trading firm FTX
Binance, the world’s largest cryptocurrency trading platform has backtracked on a previous deal to buy out its struggling competitor FTX.…
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Startups
Kenyan fintech Hisa among 9 African startups selected for the second batch of €7.5 million Startup Wise Guys fund
Kenyan fintech Hisa is among the nine African startups selected for the €7.5 million Startup Wise Guys fund. Selected…
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News
realme C30s with 5000 mAh battery launched in Kenya for KES 10,700
realme has today introduced its latest addition to its C series family in Kenya, the realme C30s. The realme C30s…
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News
Meta laying off more than 11,000 employees
On Wednesday this week, Meta CEO Mark Zuckerberg announced that the company is laying off 13% of its staff. This…
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News
Africa Data Centres extends edge cloud capability through Unitellas partnership at Lagos facility
Africa Data Centres has announced that enterprise cloud services provider Unitellas will be bringing Zadara’s global federated edge service to its…
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New Appointments
Judy Waruiru appointed as Managing Director for digital payments firm DPO Africa
African digital payments company DPO has announced the appointment of Judy Waruiru as Managing Director for Africa effective in January…
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CYBER SECURITY
Manufacturing reports highest average ransomware payment across all sectors, Sophos report
The manufacturing sector had the highest average ransom payment across all sectors—$2,036,189 versus $812,360, respectively. This is according to a…
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News
Hackers stole $11 million from 12 African countries over a period of five years
Banks, financial services providers, and telecommunication companies from 12 African countries lost $11 million to hacking attacks between 2018 and…
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News
Twitter has fired its employees in Africa with no severance pay
Twitter Africa: Since Twitter’s takeover by billionaire investor Elon Musk, the most consistent news we’ve heard is quirky lays offs,…
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News
Sendy raises an undisclosed amount of funding from Japanese VC MOL PLUS
Kenyan Fulfillment and Logistics startup Sendy has announced that it has received funding from MOL PLUS the Corporate Venture Capital…
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