KCB Acquires 75% Stake in FinTech Firm Riverbank Solutions
March 25, 2025
KCB has announced the acquisition of 75% stake in Riverbank Solutions, a Nairobi-based FinTech company. This will help the bank strengthen its regional distribution network. The deal amount has not been revealed and the transaction…
Tunisian Startup, Juridoc, Secures Funding to Expand AI-Powered Legal Tech Platform
March 25, 2025
Founded in 2021, Juridoc simplifies access to legal resources through a comprehensive database that includes legislation, case law, doctrine, and legal monitoring. Its intelligent search engine, powered by generative AI, enables legal professionals, businesses, and…
Cassava Technologies to Build Africa’s First AI Factory
March 25, 2025
Cassava Technologies has announced plans to build Africa’s first AI factory — a powerful and super-secure data centre facility powered with NVIDIA AI computing technology. This will give African businesses, governments and researchers access to…
Swedfund Commits $16.3 Million to AfricInvest Small Cap Fund
March 25, 2025
Swedfund has committed EUR 15 million to the AfricInvest Small Cap Fund, a private equity initiative focused on supporting small and medium-sized enterprises (SMEs) across Africa.SMEs are a cornerstone of economic development, driving job creation…
Hedera Hashathon: Nairobi Edition Kicks Off
March 24, 2025
The Hedera Hashathon: Nairobi Edition has officially begun! This week-long virtual hackathon, running from March 24 to March 30, is a collaboration between Hedera Hashgraph and Kenya Tech Events. It aims to empower developers, students,…
Visa Stay Secure Study 2025 Reveals Trends in Digital Payment Security
March 24, 2025
The Visa Stay Secure Study 2025 was released recently and revealed a rise in consumer awareness and proactive security measures for digital payments across Central and Eastern Europe, the Middle East, and Africa (CEMEA). The ninth annual…
Safaricom Spark Accelerator Hosts Investor Day for First Cohort of Startups
March 24, 2025
Last week, the Safaricom Spark Accelerator Program held an investor demo day where 9 startups from the inaugural cohort showcased their achievements while fostering connections with prospective investors. The Investor Day is the final phase…
How Safaricom is Driving Innovation in Kenya’s Insurance Sector
March 24, 2025
Kenya’s insurance industry has long seen low adoption numbers of around 2.3%. Many Kenyans either don’t see the need for insurance or see it as being too expensive and complicated to access. But Safaricom, through…
Safaricom Calls for Faster Cloud Adoption at Decode 3.0
March 24, 2025
At the recently concluded Safaricom Decode 3.0, the company’s Director of Network, Antony Gacanja, said there is need for businesses to modernize their data infrastructure. At the event, Gacanja highlighted how multi-cloud environments, edge computing,…