Affordable Digital Infrastructure: PRIF II Commits $20 Million to Mawingu’s Rural Connectivity Drive

NAIROBI, Kenya, Oct 1- Mawingu, East Africa’s largest Internet Service Provider (ISP) focused on rural and peri-urban markets has secured a $20 million investment from Pembani Remgro Infrastructure Fund II (PRIF II), a leading African infrastructure investment fund. The strategic funding will accelerate Mawingu’s mission to scale inclusive, sustainable internet access across underserved communities in…

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Craft Silicon’s TouristTap Aims to Revolutionize African Tourism as Card Payments Hits 538B

PHOTO: From left to right, Johnson Ondicho (Head of Digital Channels, KCB), Kamal Budhabhatti (CEO, Craft Silicon Group), Sherhyar Ali (Senior Vice President and East Africa Country Manager, Mastercard), Priya Budhabhatti (CEO, Craft Silicon), David Muriithi (KRA Chairman), and Kevin Munga during TouristTap launch. NAIROBI, Kenya, Sep 23 – Craft Silicon one of Kenya’s leading…

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I&M Bank Expands Branch Network to Kapsabet and Nyali, Mombasa.

From left: Mary Githinji (Group Head of Marketing & Communication), Stanley Gachoki (Head of Distribution), Rev. Erick Kalya, Oliver Kirior (Branch Manager), H.E. Isaiah Keter (CEC, Trade and Industrialization, Nandi County), and Shameer Patel (Director, Retail and Business Banking) participate in the ribbon-cutting during the official opening of I&M Bank Kapsabet Branch on 4th September…

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Absa partners with GirlCode to empower 100 young women in tech through Absa’s ReadytoWork Programme

NAIROBI, Kenya, Aug 4 – Absa Bank Kenya, in partnership with GirlCode has kicked off the 2025 edition of the GirlCodeHack, a Pan-African women-in-tech Hackathon set to empower 100 young women in Kenya, aged 18-35 to solve realtime problems in FinTech, Cybersecurity and AI through a 30-hour innovation sprint. This is more than double the…

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Kenya calls on Tanzania to withdraw new discriminatory tax measures as it threaten regional trade gains

NAIROBI, Kenya, July 31 – The government has formally expressed concern over recent tax and business licensing measures introduced by Tanzania, warning that the changes could undermine regional trade integration within the East African Community (EAC). Cabinet Secretary for Investments, Trade and Industry, Hon. Lee Kinyanjui while addressing the media cited new excise duties and…

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Airtel Africa Records 408% Profit Surge in Q1 FY2025 as Customer Base increases by 14 million

NAIROBI, Kenya, July 26 – Airtel Africa PLC Group revenue in reported currency increased by 22.4% to $1,415m with constant currency growth of 24.9% for the quarter ended June 30 2025. The performance is attributed to strong operating and financial performance reflecting effective execution of strategy and consistent demand across the African market. East Africa…

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TECNO unveils SPARK 40 Series leading the class with exceptional slimness and performance

The latest line up includes four devices that take SPARK Series to the next level SPARK 40 Pro+, SPARK 40 Pro, SPARK 40 and SPARK 40C each designed to serve the evolving demands of users across global markets. Featuring class leading slimness, flagship-grade AMOLED displays, superior performance and durability, the SPARK 40 Series sets a…

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Kenya’s SMEs Poised for Growth with Renewed Government and Bank Support

NAIROBI, Kenya, June 30 – The Government in liaison with Equity Bank, has committed to supporting Small and Medium-sized Enterprises (SMEs) through enhanced capacity building, improved access to financing and expanded market opportunities. Held at the Kenya Institute of Curriculum Development (KICD) in Nairobi the conference brought together key players from the private and public…

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Standard Chartered Completes Transfer of Wealth and Retail Business to Access Bank PLC

DAR ES SALAAM, Tanzania, June 24 – Standard Chartered has officially handed over its Wealth and Retail Business in Tanzania to Access Bank PLC The hand over is in line with Standard Chartered’s global strategy, aimed at achieving operational efficiencies, reducing complexity and driving scale. In April 2022, Standard Chartered strategically decided to divest from…

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