Author: Kaluka wanjala

Oyster Agribusiness has raised US$2 million in funding to expand its operations and deepen its impact on smallholder farmers across Ghana. This milestone was made possible through the support of Root Capital, RDF Ghana, and Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), with the fundraising process led by Pangea Africa Limited, a leading Business Development Service provider. Over the last five years, Oyster Agribusiness has played a pivotal role in transforming the livelihoods of smallholder farmers and promoting sustainable agricultural practices. The company has: This fresh capital injection will allow Oyster Agribusiness to expand its operations, reach more…

Visa has announced it is working jointly with the United States Agency for International Development (USAID) to improve access to open, secure, and inclusive digital government systems across the world. Following the recent launch of USAID’s Digital Policy, Visa and USAID will work together for five years to focus on developing programs to assist governments in creating and adopting platforms that connect their constituents with local government services. The joint work aims to promote economic development and growth in select markets by combining capabilities and expertise in digital government systems, digital payments, and support for constituents and small-and-medium enterprises. Visa…

A one-US-dollar investment in digital transformation can yield an 8.3-US-dollar return in a country’s digital economy, according to the findings of the Huawei’s Global Digitalization Index (GDI). unveiled at GITEX Dubai 2024, The new Global Digitalization Index. jointly created with the International Data Corporation (IDC) measures the maturity of a country’s ICT industry by factoring in multiple indicators for digital infrastructure, including computing, storage, cloud, and green energy. The report predicts digital technology and Artificial Intelligence (AI) will drive 70% of global economic growth over the next five years. However, Huawei warns that while some countries are pouring resources into…

A few days back, Airtel unveiled the Data ImeData campaign in Kenya. Through this campaign, the telco will offer its customers up to 50% extra data on select weekly and monthly data plans. The  In a statement, Airtel said, the data ImeData Campaign addresses the growing data needs of customers, giving them more data for the same price. With Airtel’s ongoing network expansion for 4G and 5G networks across the country, users can now enjoy a faster and uninterrupted digital experience. With the new plans, users will also get free WhatsApp, ability to gift bundles to other Airtel users and…

NCBA has introduced to the market two leasing solutions, the Solar PV and Executive leasing solutions. The bank, through its subsidiary, NCBA Leasing LPP, aims to lead the way by providing businesses the opportunity to transition to renewable energy, reduce their carbon footprint, and lower energy costs with flexible financing solutions. Compared to similar solutions in the market, NCBA Leasing will offer customers longer leasing periods ranging from 7 -10 years, in contrast to the 3 – 5-year terms offered by competitors. The extended period will enable the bank lower rental rates to its customers, providing them with more affordable…

Over the past few years, on-demand delivery services have changes how Kenyans access food, groceries and other daily essentials. Leading this change is Glovo which has been named as the most preferred app in Kenya for online food delivery at 33% by the Competition Authority of Kenya (CAK). In an exclusive interview, Caroline Mutuku, Glovo Kenya’s Country Manager, shares insights into Glovo’s journey, its unique approach to the Kenyan market and how the company continues to adapt to the changing consumer needs. TechArena: Could you start by introducing yourself and share a brief history of Glovo in Kenya. When did…

Infinix has officially launched its first flip phone, the Infinix Zero Flip, into the Kenyan market. The Zero Flip is available in Kenya starting from Ksh 83,000. The price may vary slightly depending on where you get it from, but this is the current price as of October 2024. At 83K, the Zero Flip is one of the cheapest flip phones you can get in the country. Flip phones from established brands like the Samsung Galaxy Z Flip 6 is available for Ksh 148,000. The two devices target different users hence the price difference. The cover display is quite impressive.…

Safaricom contributed KES 983 billion to the Kenyan economy as it sustained 1,283,329 jobs in the last Financial Year. This is according to the telco’s 13th Sustainable Business Report, which was launched today as it begins its transition to be Africa’s leading purpose-led technology company by 2030. Safaricom’s economic value to society through its operations stood at KES 562.2 billion while M-PESA’s social value stood at KES 348 billion as the platform continues to transform lives by impacting customers, agents and dealers. The telco has impacted over 8 million Kenyans through the Safaricom and M-PESA Foundations. It has also increased the…

LG has announced an exclusive Black Friday campaign that will see customers get special discounts across a wide range of select home appliances and entertainment products. The highly-anticipated nationwide sales event, which runs until December 2024, will provide significant discounts on select product categories, including televisions, dishwashers, refrigerators and soundbars. This initiative provides customers with the perfect opportunity to upgrade their households with innovative technology at the best prices of the year. LG Electronics Managing Director for East Africa (EA), Dongwon Lee, said, “This Black Friday discounted sale will present our customers with the opportunity to acquire select LG products…

Jubilee Health Insurance, in collaboration with Diamond Trust Bank (DTB), has unveiled a digital payment solution that aims transform how health insurance premiums are paid. This first-of-its-kind solution in the healthcare industry offers a flexible instalment payment option, making healthcare more accessible and affordable for a broader segment of the population. This innovation marks a significant leap in the health insurance landscape, combining cutting-edge digital platforms with customer-centric design to solve one of the industry’s most persistent challenges—affordability. For years, many households in Kenya, particularly in rural and lower-income areas, have faced financial barriers when accessing healthcare. According to the…