Safaricom shareholders have approved two new subsidiaries, one dedicated to investing in seed-stage and another on growth-stage start-ups. The significant developments, approved at Safaricom’s 15th Annual General Meeting (AGM), represent a momentous step towards supporting tech [c]
The African Development Bank (AfDB) and the government of Cabo Verde have signed a €14 million loan agreement to enhance the Cape Verde Technology Park by making it more climate resilient and supportive of enterprise [c]
Safaricom Foundation has set aside Kshs 170 million to fund community investments set to benefit over 1.6 million Kenyans countrywide. The fund will be channeled through programs in areas of health, education, and economic empowerment [c]
A cyber attack is when hackers use computers to steal information or cause damage. Cyberattacks can be done by criminal organizations, professional hackers, and state actors. Some hackers want to steal intellectual property or other [c]
Are you looking for a way to enjoy the thrill of casino games without investing your own money? If so, then you should consider Odibet, an online betting platform that is becoming increasingly popular in [c]
Mozilla’s Africa Mradi programme, in collaboration with Nairobi City County Government (NCCG), have entered into a partnership to support tech-startups in Nairobi County. This is part of a new Mozilla grant making mechanism dubbed Mozilla [c]
Marigat residents to access specialist care through Daktari Smart, with Children with Disabilities at Marigat Special School set to benefit from education infrastructure. [c]
NALA receives a major license from Bank of Tanzania, resulting from close collaboration between NALA and Tanzania’s financial regulators. The fintech company will invest $1m to pursue the opportunities newly available to them. [c]
Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, has signed a $14 million financing agreement with Hela Apparel Holdings to bolster the development of its [c]
Norfund (the Norwegian development finance institution) and Ethos Mezzanine Partners 3 (a closed-ended specialist credit fund), aim to support the creation of 6,000 new direct jobs and 6,000 indirect jobs, through investing in the Balaji [c]
The Bolt leadership is visiting local Bolt teams in South Africa and Kenya and meeting with senior government stakeholders, including the South African Deputy Minister of Trade, Industry and Competition; the Executive Mayor of Cape Town; the Gauteng MEC for Economic Development; Kenya’s Prime CS Musalia Mudavadi; Kenya’s CS for Trade, Investment and Industry Moses Kuria; the CS for ICT Eliud Owalo; the CS for Transport Onesmus Kipchumba Murkomen; and the Governor of Nairobi County Johnson Sakaja. [c]
Norfund (the Norwegian Investment Fund for developing countries) invested $32 million in Kenya last year and plans to further increase financing to local enterprises seeking growth support this year. [c]
Kaspersky recently explored user trends in cryptocurrency and found out that nearly half (48%) of cryptocurrency users surveyed fear losing money due to volatility, and no longer use digital currencies, according to latest Kaspersky research. Additionally, 10% of [c]
During the US-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments demonstrate the [c]
Chumz, a mobile app that allows Kenyans to invest as little as Kshs 5, has launched an in-app feature that will enable football fans save money while cheering on their favorite teams. Dubbed #SuperFansChallenge, football [c]
Throughout its launch in Africa, global streaming platform Spotify has demonstrated its commitment to bolstering the careers of African creators through on- and off-platform support programmes. In line with this, the company has announced a [c]
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