Kenya’s tax authority, the Kenya Revenue Authority (KRA), is set to deploy its electronic tax invoice management system...
EDITOR'S PICK
In a brief and surprising burst, Kenya’s shilling hit an all-time high of 73.50 to the U.S. dollar...
M-KOPA, the pioneering Kenyan company known for bringing pay-as-you-go solar power to rural households, is grappling with a...
TOP TRENDING
Mastercard and Diamond Trust Bank (DTB) have signed a landmark 10-year agreement aimed at accelerating digital payment adoption...
Kenya is bracing for a significant reduction in smartphone imports starting in 2025, following the Kenya Revenue Authority’s...
Starlink, the satellite internet service launched by SpaceX, has suspended new subscriptions in Nairobi and surrounding counties—including Kiambu,...
The Binance Blockchain Week 2024 concluded at Dubai’s Coca-Cola Arena, where over 4,000 attendees gathered to exchange transformative...
Bamboo, a pioneering investment platform enabling Africans to access international markets, has announced the launch of its latest...
Jumia, Kenya’s leading e-commerce platform, has launched its 10th annual Black Friday campaign, bringing shoppers nationwide access to...
Stanbic Bank and Mastercard unveil Elite cards with exclusive travel, lifestyle, and insurance perks
Stanbic Bank Kenya, in partnership with Mastercard, has launched two premium credit cards, the Stanbic World and Stanbic...
In a joint effort to bolster digital literacy in Kenya’s education system, the Safaricom Foundation has partnered with...
The GSMA has unveiled the Digital Africa Index (DAI), a comprehensive analytical tool that tracks digital adoption and...
FUTURISM
Roam’s electric motorcycle covers 113 kilometers on a single battery charge
The motorcycle traveled from Nairobi to Stellenbosch, South Africa, over 18 days, relying exclusively on solar energy to recharge its batteries
M-Kopa expands with Kenyan-made phones in Uganda after losing tax appeal
Since early 2023, M-Kopa has locally assembled over 1.5 million smartphones, driven by Kenya's government-backed initiative to promote local manufacturing in information technology
Safaricom contributes Sh983 billion to Kenyan economy in one year
Safaricom's ambitious environmental efforts also include collecting 290,438 tonnes of electronic waste, achieving a 100% recycling or refurbishment rate
Tanzania takes a bold step toward digital payments with new QR system
With over 3 million small businesses employing more than 5 million people across the country, the QR PBL system will drive growth in key sectors, including hospitality, retail, transportation, and tourism
Kenya’s digital economy will contribute $4.4 billion to GDP by 2028 – GSMA
In 2023, the mobile ecosystem contributed $8 billion to Kenya’s GDP and $1.4 billion to government revenues. Despite this, the report notes that significant gaps remain
Despite digital disruption, I&M Bank still sees a future in physical banks
The expansion also comes at a time when Kenya is experiencing rapid urbanization and increased commercial activity in smaller cities and towns. By establishing a presence in these growing urban centers, I&M Bank is positioning itself to capture new markets and support emerging businesses
How Living Goods is transforming community healthcare in Kisumu
Equipped with mobile devices, CHWs can now access a wealth of information and resources at their fingertips. This includes real-time guidance on diagnosing and treating common conditions, reminders for follow-up visits, and access to health education materials that can be shared with patients
4IR STARTUPS
XA Network launches XA Africa to connect African startups to global expertise
XA Africa aims to connect exceptional African tech founders with seasoned investors and industry experts, primarily from global and regional technology companies, to provide not just capital but also the guidance and support needed to scale their ventures
BuuPass expands bus management system
Beyond improving internal efficiencies, the BMS offers rich customer and business analytics, providing insights into passenger trends, popular routes, and overall business performance. This data-driven approach allows operators to optimize routes, improve scheduling, and avoid under- or over-servicing specific areas
Kenyan electric mobility firm Roam shines on global 2024 Impact/100 list
The company's work directly supports the United Nations Sustainable Development Goals (SDGs), with a focus on reducing carbon emissions (Goal 13: Climate Action), promoting sustainable urban transport (Goal 11: Sustainable Cities and Communities), and fostering economic growth and job creation (Goal 8: Decent Work and Economic Growth)
Ghanaian startup Kofa is expanding its battery-swapping with the launch of $8 million SPV
Kofa will focus on managing the battery network and supporting SPV operations, ensuring users have access to fully charged batteries anytime
South African startup Fintr uses gamification to teach financial literacy to youth
Almost 1,000 people have so far used Fintr’s digital games, and the company is set on expanding its offering. It has built FinMaster, a board game that aims to be the modern-day Monopoly, and is taking pre-orders
M-KOPA ordered to pay taxes in Kenya after losing $6.8 million appeal
For many startups operating in Kenya, especially those with international incorporations, this decision serves as a warning to closely examine their tax residency status and ensure that their arguments align with both the law and the evidence of where critical decisions are made
BuuPass is transforming African transportation, one digital ticket at a time
With over 16 million travel tickets sold and $100 million in total sales value, BuuPass has established itself as a key player in the African mobility landscape
METAVERSE
Zoho Corporation, a global technology company, has announced Zoho Marketing Plus- a unified platform that brings together marketing...
The International Telecommunication Union (ITU) has partnered with Zindi to develop solutions to important global challenges through a...
Businesses in logistics, retail and field industries are set to benefit from durable connectivity after American mobile computing...
Your data purchased using Bonga points now have a deadline. Safaricom has limited the period in which subscribers...
After identifying more than 100 data leaks with credit card information and finding over 1,000 broken verificati0n issues...
The World Economic Forum is drawing up integrated strategies for streamlining and digitization of the world’s cities. The...
It is no news that the story and adoption of Non-fungible tokens (NFTs) spread rapidly throughout Africa and...
The manufacturing’s share of gross domestic product (GDP) has for long stagnated at about 10 percent. And as...
Kenya, a country known for its vibrant tech scene and the pioneering mobile money service M-Pesa, is witnessing...
BLOCKCHAIN
Yellow Card’s $33 million Series C round marks major leap for stablecoin use in Africa
In the first half of 2024 alone, stablecoins settled an estimated $2.6 trillion in value, projecting that to double by the end of the year. More than 20 million wallet addresses conduct stablecoin transactions on public blockchains every month
FSCA revokes Banxso’s license over unrealistic return promises in South Africa
Earlier in January 2024, the FSCA had cautioned the public against certain investment opportunities
Pickspot has joined Peaq to launch a blockchain parcel locker network
Pickspot will integrate peaq’s identity management system and develop a decentralized app (dApp) for onboarding new lockers and agents
Top platforms to trade Hamster Kombat (HMSTR) after September 26 Airdrop and listing
Season 1 of Hamster Kombat has been a groundbreaking success, attracting over 300 million players
Binance sets conditions for registration under Nigeria’s SEC crypto framework
Binance’s position on registering under Nigeria’s SEC crypto framework hinges on the release of its executive and the resolution of ongoing legal disputes
Binance introduces Hamster Kombat as Its 58th Launchpool project
In addition to Launchpool farming, Binance is also including HMSTR in its Super Earn program. This initiative allows users to lock tokens for a specified duration in exchange for a special annual percentage rate (APR)
BuuPass is transforming African transportation, one digital ticket at a time
With over 16 million travel tickets sold and $100 million in total sales value, BuuPass has established itself as a key player in the African mobility landscape
AI / BIG DATA
The deepfake is a powerful weapon in the war in Sudan
Social media platforms are trying to curb the spread of deepfake disinformation, but enforcement remains weak in Sudan
South African consultancy teams up with Dell for AI-driven drone farming
The collaboration between Moyo and Dell Technologies marks a significant step forward in using AI to transform agriculture in South Africa
Truecaller is in trouble in Kenya
The suit says Truecaller's automated processes, including the use of an undisclosed algorithm to select and display names, raise concerns about transparency. It's pushing for a cease-and-desist order to prevent Truecaller from transferring Kenyan user data to India, where the company is accused of sending the information without sufficient safeguards in place
Kenya Re partners with university students to develop AI-driven solutions
As a pioneer in promoting technology adoption within the Kenyan insurance sector, Kenya Re's initiative could significantly transform the (re)insurance landscape
Google’s 2021 $1 billion investment in Africa has generated $16 billion in economic activity so far
The study estimates that investments in digital technologies—especially AI, mobile broadband, and cloud computing—could double returns for the region’s economy by 2030
I&M bank unveils AI-powered ‘Buy Now, Pay Later’ solution for seamless purchases
The BNPL service allows customers to make purchases up to KSh 350,000 and repay over flexible terms of up to 12 months
Togo leverages data science lab to foster innovation and combat poverty
In its first year, the Data Lab will integrate MOSAIKS — a low-cost, streamlined tool for drawing insights from satellite imagery and machine learning — into day-to-day policy decision-making
CYBER SECURITY
The adoption of electric cars has accelerated rapidly in the recent past as consumer demands shift towards technology...
In response to escalating cyber threats, Ghana’s Communications and Digitalisation Minister, Ursula Owusu-Ekuful, has officially launched the National...
Trend Micro, a global cyber security firm, has released a new report that shows Kenya’s losses to cyber...
Cybersecurity operations platform, Logpoint has unveiled its latest Business-Critical Security (BCS) solution for SAP SuccessFactors, a firm that...
Cyber criminals attack users with 400,000 new malicious files daily over the past 10 months, which is 5%...
As organisations step up war on cybercrimes, a new model is promising to give businesses a huge boost...
According to a report by an Information Technology (IT) research and consultancy company, Gartner, the seven top trends...
Google Cloud has hired Jack Ngare to join Google Cloud’s Office of the Chief Technology Officer (CTO) as...
Money and gift card scams (50%), third-party seller scams on legitimate online retail websites (39%), and fundraising scams...