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Kenya Built a Currency Control While It May Not Need One
EBC Financial Group notes that Kenya’s new virtual asset regulations created a restriction on local access to foreign dollar-linked stablecoins before the shilling came under pressure, giving the Central Bank of Kenya a way to limit that access if demand…
Microsoft announces East Africa Country Lead
Microsoft has announced the appointment of Angela Nganga as the Country Lead for East Africa. A long-standing member of the Microsoft Middle East and Africa (Emerging Markets) leadership team, she brings extensive experience in government engagement, strategic business development, stakeholder…
New Digital Platform Maps Kenya’s Innovation and Startup Ecosystem
A new independent digital intelligence platform has launched to provide a consolidated view of Kenya’s rapidly evolving innovation ecosystem, bringing together information on startups, investors, government initiatives, funding activity, policy developments and ecosystem trends. The Kenya Innovation Ecosystem Intelligence Platform…
Ethio Telecom, ZTE Advance Network Modernisation as Ethiopia Pushes 4G Expansion
Ethio Telecom and Chinese network equipment vendor ZTE are advancing a large-scale network modernisation programme as Ethio telecom seeks to expand high-speed mobile connectivity and accelerate the digitisation of Ethiopia’s economy. Ethio Telecom CEO Frehiwot Tamru met a ZTE delegation…
Ethio Telecom Profit Jumps as Data Revenue Overtakes Voice, Marking Historic Digital Shift
Ethiopia’s national telecommunications operator Ethio telecom reported a sharp increase in annual earnings on Thursday as mobile data and internet services overtook traditional voice calls as its largest source of revenue, marking a historic shift in the company’s business model…
Ethio telecom and Huawei Chart Next Phase of Ethiopia’s Digital Future
Ethio telecom Chief Executive Officer, Frehiwot Tamru, and Huawei Northern Africa President, Mr. Li Shen, together with their executive leadership teams, held high-level strategic discussions to further strengthen their long-standing strategic partnership and accelerate the growth of Ethiopia’s Enterprise and…
Ethiopia advances nationwide rollout of interoperable digital government payments
Ethiopia has taken another step toward implementing interoperable government payments nationwide as public institutions, regulators and payment infrastructure providers convened to operationalize a unified implementation framework aligned with the country’s National Digital Payments Strategy. The Ministry of Finance, the National…
Ethiopia: EthSwitch explores Huawei partnership on AI, Payments and Connectivity
Ethiopia’s national payment switch, EthSwitch, is exploring expanded cooperation with Huawei on artificial intelligence, payment infrastructure and cross-border payment connectivity with China, as the country seeks to strengthen the technological backbone of one of Africa’s fastest-growing digital payments markets. The…
Engineering resilience into Africa’s energy future
Africa’s energy transition is often discussed in terms of generation capacity, investment pipelines, and megawatts added to the grid. While these metrics matter, they only tell part of the story. The real challenge facing the continent is not simply producing…
ILO, Microsoft Launch Digital Skills Programme for Refugee Youth in Kenya
The International Labour Organization (ILO), in partnership with Microsoft, Power Learn Project Africa, the Government of the Netherlands and the Turkana County Government, has launched a new digital skills and employment programme aimed at improving job opportunities for refugee and…
KCB Bank and Inchcape Kenya to Mechanize the Agricultural Sector
KCB Bank and Inchcape Kenya have joined forces in a strategic partnership to make agricultural mechanization more accessible and affordable for those purchasing New Holland tractors. Through the partnership, farmers will access up to 95% financing which also includes purchase…
Binance Appoints New General Manager for Africa
Binance has appointed Sammy Mutua as General Manager for Africa, reinforcing the company’s commitment to supporting the growth of digital asset markets across Sub-Saharan Africa. Based in Nairobi, Sammy will spearhead Binance’s regional strategy, market development, regulatory engagement, and building…
Ethio telecom Extends 4G LTE Coverage to 52 Towns Across Ethiopia
Ethio telecom has expanded its 4G LTE mobile broadband network to 52 additional towns across Ethiopia, extending high-speed connectivity to communities spanning Oromia, Amhara, Southern Ethiopia, Gambella, Benishangul-Gumuz, Harari, Somali, Tigray and Afar regions. According to details released by the…
Somalia Launches Smartphone Financing Model Targeting Low-income Users
Hormuud Telecom, Somalia’s telecom operator, has partnered with Mogadishu-based Get-Phone to launch a smartphone financing programme aimed at helping low-income users access smartphones for the first time. In many low-income markets, both smartphone devices and data are expensive relative to…
Stanbic Bank Kenya Designs Enhanced Insurance Cover for Commercial Vehicles
The commercial vehicle market continues to significantly outpace the personal vehicle segment, recording approximately 36% growth compared to 11% in the personal segment, according to the Bank’s data. This expansion is largely driven by increased borrowing among SMEs in transport,…
Cross Switch Appoints New Head of Business Development, East Africa
Cross Switch has announced the appointment of Gillian Koinange as Head of Business Development, East Africa. Gillian brings over two decades of experience driving revenue growth and building strategic partnerships across Africa, with a strong focus on the IT, telecommunications,…
