i3 Africa Issues Call for Applications for Its 3rd Cohort
January 27, 2025
Investing in Innovation Africa (i3) is calling for innovators to join its 3rd cohort. Funded by the Gates Foundation, MSD, Cencora, Endless Foundation, HELP Logistics–a subsidiary of the Kühne Foundation, Sanofi’s Global Health Unit and Chemonics,…
Furaha Secures $10 Million Investment From SC Ventures and Yabx
January 24, 2025
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies have signed a set of shareholder and technology collaboration agreements to formalise their joint investment in Furaha. SC Ventures has invested $…
KCB and Mastercard Launch Kenya’s First Multi-Currency Prepaid Card
January 24, 2025
KCB Bank has partnered with Mastercard to launch Kenya’s first multi-currency prepaid card that supports 11 hard currencies. This card is designed to simplify international transactions for customers by enabling seamless spending across various destinations. …
PAIX Data Centres Builds New Data Hub in Dakar
January 24, 2025
PAIX Data Centres has announced the construction of a new state-of-the-art data centre in Dakar, Senegal. This development marks an important strategic milestone for PAIX Data Centres as it continues to expand its network in…
Key Considerations for Selecting an FX Broker in Kenya
January 24, 2025
Foreign exchange (Forex) trading is gaining momentum in Kenya as more traders seek to capitalize on the global currency markets. However, the success of any trader largely depends on the choice of a reliable FX…
Telkom Kenya Tests Open RAN Technology in Partnership with Rakuten and Airspan
January 24, 2025
Telkom Kenya, Rakuten Symphony and Airspan have announced the signing of a Memorandum of Understanding (MoU) that will see the organizations collaborate to undertake knowledge transfer and testing of Open Radio Access Network (Open RAN)…
Kenya and Africa Lead Global Resilience in Standard Chartered's 2025 Outlook
January 24, 2025
Standard Chartered Bank 2025 Global Market Outlook highlights key global and regional economic trends. Despite a projected slowdown in global growth to 3.1% from 3.2% in 2024, Africa and Kenya are expected to remain key…
Binance Futures Expands BFUSD with USDC Support
January 23, 2025
Binance Futures has announced new features and enhancements to BFUSD, the first reward-bearing margin asset issued by a crypto exchange. These include USDC support allowing users to purchase and redeem BFUSD with USDC, and a new…
How Sevi is Transforming FMCG Financing with AI and Machine Learning
January 23, 2025
Sevi, a fintech company regulated by the Central Bank of Kenya, is revolutionizing stock financing for wholesalers and retailers through its “stock now, pay later” platform. Sevi addresses the challenge of insufficient working capital by…