LG Showcase MEA 2024 returns with first-hand experiences of LG Electronics’ latest innovations
May 3, 2024
LG Showcase MEA 2024 recently welcomed guests and partners in Abu Dhabi to in-person experience the latest and greatest the brand has to offer. The two-day event held at Conrad Abu Dhabi Etihad Towers Hotel…
Renda Closes a $1.9 Million Pre-Seed Funding Round
May 3, 2024
Renda, a Nigerian technology solution that simplifies order fulfillment and retail distribution for businesses in Africa, has announced the close of a its pre-seed round at $1.9m in equity and debt funding. The equity investment…
Yellow Card Obtains License to Operate as a Virtual Asset Service Provider (VASP) in Poland
May 3, 2024
Summary Yellow Card’s subsidiary in Poland has obtained its Virtual Asset Service Provider (VASP) license from the Polish Register of Activities in the Scope of Virtual Currencies, maintained by the Polish Ministry of Finance. The…
Ransomware Payments Increase 500% In the Last Year, Finds Sophos State of Ransomware Report
May 3, 2024
Sophos has released its annual “State of Ransomware 2024” survey report, which found that the average ransom payment has increased 500% in the last year. Organizations that paid the ransom reported an average payment of…
NTT DATA Advocates for Enhanced Cybersecurity Measures in East Africa
May 3, 2024
NTT DATA is urging both private and public institutions across East Africa to reassess their cybersecurity strategies in response to the escalating influence of Generative Artificial Intelligence (Gen-AI) and its associated risks of misuse. Highlighting…
tappi Signs a Strategic MoU with Kenya National Chamber of Commerce and Industry
May 2, 2024
tappi has announced the signing of its Memorandum of Understanding (MoU) with the Kenya National Chamber of Commerce and Industry (KNCCI). Titled the “Sukuma Biz” initiative, the new partnership will enable tappi to deliver a…
Saad Kassis Mohamed led WeCare Raises $350000 for Lab-Grown Diamonds
May 2, 2024
Saad Kassis Mohamed, leading WeCare, proudly announces a milestone achievement with the successful raise of $350,000 dedicated to accelerating innovation in the lab- grown diamond sector. This significant funding marks a pivotal moment in the…
120 Participants Selected for Bolt's Accelerator Program in Kenya
May 2, 2024
Bolt has selected 120 participants for its Accelerator Program in Kenya. They were selected after an intensive evaluation process as they have innovative ideas and commitment to shaping sustainable transportation solutions making the cut. The…
Glovo Holds 3rd cohort of Learning and Development Training for Partners in Kenya
May 2, 2024
Glovo successfully hosted the third cohort of its Learning and Development Training as part of the Glovo Academy program for partners in Kenya. This initiative, organized in collaboration with the Ongoza Institute—an accelerator for early-stage,…