News Ticker
  • [ March 28, 2023 ] Number of mobile loan providers in Kenya rises to 32 as CBK licenses 10 more DCPs CSR
  • [ March 28, 2023 ] Spotify announces multi-year grant to Vibrate Space to support music entrepreneurs in Ghana Analysis & Features
  • [ March 28, 2023 ] Kaspersky blocked over 75,000 attacks on IoT devices in Kenya and Nigeria in 2022 Analysis & Features
  • [ March 28, 2023 ] Huawei targets piece of Kenya’s Kshs 17 billion data centre industry Analysis & Features
  • [ March 28, 2023 ] Hacktivism and the new age of cyber warfare Analysis & Features
  • [ March 28, 2023 ] Kenya’s consumers want more functionalities and features embedded in international money transfer services Analysis & Features
  • [ March 28, 2023 ] Samsung Electronics named top brand in global TV market by Omdia Analysis & Features
  • [ March 27, 2023 ] LG introduces two new energy-efficient products to expand its sustainability efforts   CSR
  • [ March 27, 2023 ] Safaricom Foundation to focus on education, health, and economic empowerment in 2023-2026 strategy CSR
  • [ March 25, 2023 ] Five Kenyan startups among nine overall winners of Afri-Plastics Challenge Analysis & Features
March 28, 2023
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Analysis & Features

DTB commits to grow green lending to 25% of loans and achieve net zero carbon neutrality by 2030

March 17, 2023 admin 0

Bank also targets net zero carbon emissions in seven years, to grow 10 million trees by the same time. [c]

Analysis & Features

Ramani to use new $32 million investment to expand, offer micro loans to distribution partners

November 23, 2022 admin 0

Ramani, the Africa-based software company building a cloud network of micro-distribution centres for the continent’s $1 trillion consumer-packaged goods supply chain, has announced the close of its $32million series A round of equity and debt. [c]

Analysis & Features

KCB screens Kshs 336 billion worth of loans for climate-related risks as it cuts carbon footprint 

October 13, 2022 admin 0

KCB Bank has screened loans worth over Kshs 336 billion for social and environmental risks while increasing its green portfolio in the past two years, bolstering its push for sustainable finance. The Bank has also [c]

Analysis & Features

Agriculture at the heart of Equity Bank’s financial model

October 6, 2022 admin 0

The current global economic crisis has led to a sharp increase in food prices and is a stark reminder of the importance of increasing our food production capacity and reducing reliance on global supply chains [c]

Analysis & Features

Fuliza to attract no maintenance fees for first 3 days for loans below Kshs 1,000

September 29, 2022 admin 0

Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the Fuliza overdraft facility in a move that will see customers transacting on Fuliza access the overdraft facility at a free daily maintenance fee [c]

Analysis & Features

Trade Assist solution enabling South Africa’s traders to get loans and buy stocks

January 18, 2022 admin 0

The informal economy in sub-Saharan Africa accounts for 38% of the region’s GDP. What’s more, according to the International Labour Organization, retail and wholesale is the second biggest employer across the region after agriculture. However, [c]

Analysis & Features

KCB to disburse Kshs 800 million in loans to MSMEs and cooperatives in Nakuru County

January 8, 2022 admin 0

KCB Bank Kenya has set aside at last Kshs 800 million to support thousands of Micro, Small and Medium Enterprises (MSMEs) and cooperatives in Nakuru County to help them weather the effects of the COVID-19 [c]

Analysis & Features

Where will you go when banks don’t offer loans anymore?

December 10, 2021 admin 0

There are few people who are ready to make major purchases with their own assets alone. That is perfectly normal since that is what loans are for, aren’t they? However, what if you have tried [c]

Analysis & Features

Asilimia secures $2 million to build financial infrastructure of Africa’s informal economy

November 24, 2021 admin 0

Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has secured $2 million to grow its team, deliver new services and expand into new markets in [c]

Analysis & Features

Absa Bank, Melanin Kapital in deal to offer unsecured loans to startups

September 25, 2021 admin 0

Absa Bank Kenya has partnered with Pan African impact investment platform – Melanin Kapital – to launch an investor readiness program that places startups driving social impact on the path to accessing up to Kshs [c]

CSR

Vodacom’s new unit, VodaLend, to offer cash advance services to South Africa’s SMEs

June 14, 2021 admin 0

Vodacom Financial Services has announced its latest lending product, VodaLend | Business Cash Advance, which provides finance to smaller unregistered businesses in need of quick access to short-term cash advances. Offering finance between R3,000 (about [c]

News

University students to access their HELB loans via their M-PESA mobile wallets

March 2, 2021 admin 0

Safaricom has partnered with the Higher Education Loans Board (HELB) to roll out a smart mobile payment solution for students of tertiary institutions to access and utilise their loans and bursaries. The solution will aid [c]

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Huawei unveils OptiX Sense to curb infrastructure vandalism in South Africa
Huawei targets piece of Kenya’s Kshs 17 billion data centre industry
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Ananse Africa returns to Nairobi to empower fashion creatives with free marketing training session
Safaricom Foundation to focus on education, health, and economic empowerment in 2023-2026 strategy
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Reviews:

Bottneuro picks Samsung solution to provide digital diagnostics for diagnosis and treatment of Alzheimer’s Disease

TECNO targets Gen Z with SPARK 10 series, the brand’s high-performance selfie phone

OPPO showcases Find N2 Flip and a series of smart living innovations at MWC 2023

Samsung announces global availability of latest flagship, Galaxy S23 series

Samsung adds new updates to Bixby to boost user experience, performance and capabilities

HMD Global unveils three Nokia smartphones at Mobile World Congress

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With 108MP portrait camera and 120Hz curved screen, OPPO Reno8 T 5G unveiled in Kenya

Huawei targets Africa’s residential property market with smart PV solutions

Coca-Cola in co-branding deal with realme for the new collectable smartphone, realme 10 Pro 5G Coca-Cola edition

Samsung East Africa unveils Galaxy S23 series for the premium smartphone segment

Samsung partners with movie director Charlie Kaufman to showcase the Galaxy epic camera experience

Tech&PR

AM Communications in deal with Alfa Destiny to grow footprint in Africa’s PR market

Ogilvy recognised as sub-Sahara Africa’s Most creative agency by WARC

SoftwareOne unveils new brand identity to reflect business transformation

After long stint with Sophos, Jitendra Bulani joins Infopercept as Chief Marketing Officer

After NTV exit, Mark Masai named new PR and Communications director at PMS Group

COVID safety influences choice of travel destination in post-pandemic era

Joel Chacha, the GM and Chief Strategist at Tell-Em, named among judges for 2023 PRWeek Global Awards

Friends and advice greatly determine people’s purchase decisions. Not Influencers.

Cybersecurity Bulletin:

Kaspersky blocked over 75,000 attacks on IoT devices in Kenya and Nigeria in 2022

Kaspersky uncovers ongoing APT campaign against organisations located in the Russo-Ukrainian conflict area

Kaspersky releases tool for decrypting ransomware used to attack businesses and state institutions

Sophos demonstrates how to make chatgpt a cybersecurity co-pilot

Mother and aunt arrested in Colombia for live streaming child sexual abuse

Kaspersky acquires major stake in Ximi Pro, a container security solutions developer

1-in-2 users feel responsible for protecting their gadgets, with millennials most concerned about security

200,000 new mobile banking Trojan installers, double the figure in 2021, discovered 

Just like cyber-attack data breaches, staff negligence now equally worrying for companies

ESET discovers WinorDLL64 backdoor, likely part of the Lazarus arsenal

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Events Noticeboard:

Catch Lupita Nyong’o in The 355 and Mumbi Maina in The Matrix Resurrections among other stars on Showmax

Registration opens for 2023 AWIEF to be held in Kigali, Rwanda in November

Two families, one man’s secret: Second Family is now streaming on Showmax

Ananse Africa returns to Nairobi to empower fashion creatives with free marketing training session

Up&Ap: Dr. Catherine Masitsa on playing ‘the Queen Mother’ in The Real Housewives of Nairobi

African Folktales Reimaged, remakes of popular stories, to debut on Netflix on March 29

Investors converge in Windhoek for the 2nd Namibia Institutional Investors Forum 2023

Lewa Safari Marathon to be held on Saturday June 24, 2023

BLOG:

Fintech is a path to democratised financial services 

Why digital remittance platforms are popular with Kenyans abroad  

Let the sun shine – what the latest homeowners need to know before going solar

Sophos demonstrates how to make chatgpt a cybersecurity co-pilot

OPPO Reno8 T series: Taking one step forward in performance

For websites and mobile apps, UI design eventually impacts overall UX

Sub-Saharan Africa made steady progress in addressing gender imbalance in project management

Integrating traditional medicine into health care systems key to attaining UHC

CSR:

Number of mobile loan providers in Kenya rises to 32 as CBK licenses 10 more DCPs

Spotify announces multi-year grant to Vibrate Space to support music entrepreneurs in Ghana

Kaspersky blocked over 75,000 attacks on IoT devices in Kenya and Nigeria in 2022

Huawei targets piece of Kenya’s Kshs 17 billion data centre industry

Hacktivism and the new age of cyber warfare

Kenya’s consumers want more functionalities and features embedded in international money transfer services

Samsung Electronics named top brand in global TV market by Omdia

LG introduces two new energy-efficient products to expand its sustainability efforts  

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  • Equity, American Express revamp membership rewards redemption scheme for card holders 
    Equity American Express Card members earn Membership Rewards points when they spend on their Cards. Now, they can redeem their points through a newly revamped website with more redemption options. The Membership Rewards website, recently [c] Source
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    E-Livestock Global has launched a solution powered by Mastercard’s blockchain-based Provenance solution, which  enables Zimbabwean farmers to prove the origin and health records of their cattle, while reducing risks to buyers. A first in the [c] Source
  • Thee local startups benefit from IRA, Prudential innovation hub 
    Three local startups have each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance Kenya and other partners, to promote [c] Source
  • Pesapal granted authorisation as a Payment Service Provider by the Central Bank
    The Central Bank of Kenya has granted authorization to Pesapal Limited as a Payment Service Provider (PSP) to carry our Payment Gateway Services in compliance with the National Payment System (NPS) Act, 2011, NPS Regulations [c] Source
  • Huawei announces AppsUP contest for developers in Africa and Middle East
    Not all superheroes wear capes. Some sit behind a desk conjuring up ways in which they can use technology to make the World a better place. Whether it’s to improve health and education systems or [c] Source
  • Nokia G20 now available in Kenya from Kshs 19,000
    HMD Global has launched its latest mid-range smartphone in the Kenyan market – the Nokia G20. Two new series have been introduced to Nokia smartphones mid-range portfolio, the G-series and X-series. The new G-series boasts [c] Source
  • New cybersecurity attacks target diplomatic missions in Africa and Middle East 
    ESET, an IT security software vendor and service provider, has uncovered a new malware variant called Turian that is being spread by the Advanced Persistent Threat Group BackdoorDiplomacy that primarily targets Ministries of Foreign Affairs [c] Source
  • LG to open 5 new service outlets as part of new consumer strategy
    LG Electronics East Africa is set to launch 5 new service centers in Kenya as part of a regional strategy to enhance reach and support to customers using its products. The new service outlets will [c] Source
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