Binance’s BNSOL Surpasses $1 Billion in Total Value Locked
December 20, 2024
Binance has announced a significant milestone today: BNSOL, its SOL liquid staking token, has surpassed $1 billion in Total Value Locked (TVL) within three months of its launch, representing approximately over 10% of the total market capitalization…
Check Point Software Announces Leadership Transition: Gil Shwed Becomes Executive Chairman, Nadav Zafrir Appointed CEO
December 19, 2024
Check Point has announced the transition of founder Gil Shwed into the role of Executive Chairman of the Board of Directors, and the appointment of Nadav Zafrir as the company’s new Chief Executive Officer, starting…
Raxio Group Secures Tier III Facility Certification for Mozambique and Ethiopia Data Centres
December 19, 2024
Raxio Group the leading provider of Tier III certified and carrier neutral data centres across Africa, has announced that its facilities in Mozambique and Ethiopia have achieved the prestigious Uptime Institute Tier III Certification of Constructed…
Bolt Urges Riders to Avoid Offline Trips to Ensure Secure Ride-Hailing Experiences
December 19, 2024
Bolt has issued a strong reminder to riders and drivers to refrain from engaging in offline trips. This caution comes as part of Bolt’s ongoing commitment to ensuring the safety of passengers and drivers on…
Proparco Invests $5 Million in Equator Africa Fund to Support Climate Tech Startups in Africa
December 19, 2024
Proparco has announced a USD 5 million investment in the Equator Africa Fund, through the FISEA+ facility. This climate-focused investment fund is committed to supporting early-stage African start-ups with innovative solutions to address climate challenges…
Xiaomi Kenya Launches 'Human x Car x Home' Ecosystem
December 18, 2024
Xiaomi Kenya has today unveiled its global strategy “Human x Car x Home” smart ecosystem at Radisson Blu, Nairobi, in an event titled Xiaomi Universe – Human x Car x Home – Perfectly Synced. This…
Cassava Technologies Closes a $90 Million Equity Investment Round
December 18, 2024
Cassava has announced the close of an equity investment round of $90 million with participation from U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation (Finnfund), and Google LLC. This funding is a…
Equity Group Partners with ODDO BHF to Bridge Africa-Europe Business Opportunities
December 18, 2024
Equity Group has signed a memorandum of understanding with ODDO BHF of Germany for collaboration that will serve as a bridge for European and Africa businesses to establish across the continental divide. The agreement was…
Absa Bank Kenya Relocates and Upgrades Migori Branch
December 18, 2024
Absa has moved its Migori branch to a more central location convenient to customers in the town, using the opportunity to give the branch a major facelift into a pristine, modern and convenient space as…