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Safaricom & PayPal Collaborate to Link Mobile Money with Online Payments
Safaricom M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks. By first linking their PayPal and M-PESA wallets, users can easily transfer funds from their PayPal accounts into their M-PESA…
AfriLabs and ATU Forge Continent‑Wide Pact to Fast‑Track Digital Innovation
AfriLabs and the African Telecommunications Union (ATU) have signed a landmark Memorandum of Understanding (MoU) to accelerate digital innovation across Africa. This strategic alliance unites ATU’s 52 member states with AfriLabs’ dynamic ecosystem of over 500 innovation hubs across 53…
Nairobi-Emerging Fintech Surpasses 1 Million Smartphone Sales
M-KOPA, a UK-based fintech, has surpassed 1 million sales of its branded smartphones within just 12 months of launch. The company produces its branded devices at its assembly plant in Nairobi. Over 400 new jobs have been created since its establishment…
East African AI Compliance Strengthened by I&M Bank and ThetaRay Partnership
ThetaRay, a global leader in Cognitive AI financial crime compliance, announced a landmark partnership with I&M Group PLC, a Regional Financial Services Group in Africa. The partnership will see the deployment of ThetaRay’s advanced AML (Anti-Money Laundering) platform across I&M…
Intelsat Partners with WPDI to Expand Education Access in East Africa
Intelsat announced a groundbreaking partnership with the Whitaker Peace & Development Initiative (WPDI) to revolutionize access to education in conflict-affected regions across Africa. According to the International Telecommunication Union, 19% of people in the least developed nations, South Sudan and…
NCBA Expands Footprint with 99th Branch Launch in Kawangware, Kenya
NCBA has opened its 99th branch in Kawangware, a strategic move to accelerate financial inclusion and deepen engagement with local retail and SME customers. “It is a proud moment to mark the official opening of our 99th branch in Kawangware,…
PLP x Safaricom Hook Tech Cohort Celebrates 300 Tech Graduates in Kenya
Power Learn Project Africa (PLP), in partnership with Safaricom’s youth platform Safaricom Hook, graduated 300 youth from a software development program. The PLP x Safaricom Hook Tech Cohort, launched in October 2024, is a 16-week digital training initiative that recruits…
Glovo Partners with Kenyan Government, Pledges Billions for Digital Growth & Jobs
Glovo, a technological platform, launched a historic Memorandum of Cooperation with Kenya’s Ministry of Labour and Social Protection, led by Hon. Cabinet Secretary Dr. Alfred Mutua. “I commend Glovo for its responsible innovation and commitment to youth employment and inclusive…
Ethio Telecom Launches Cloud-Based Core Banking for Ethiopia’s Microfinance Sector
Ethio Telecom held a workshop with microfinance institutions and SACCOs under the theme “Empowering Microfinance Institutions“ to introduce a cloud-powered core banking solution for modernizing financial operations in Ethiopia’s grassroots financial institutions. The training included a full demonstration of the…
TECNO Renews Partnership with AFCON for Upcoming Tournaments
TECNO has announced its partnership as the Official Global Partner for the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025 and the TotalEnergies CAF AFCON Kenya, Tanzania, and Uganda 2027 tournaments. This announcement was made in Nairobi, Kenya, one…
Access Bank Plc Completes Acquisition of National Bank of Kenya (NBK)
In a strategic step for the East African banking market, Access Bank Plc has formally completed its acquisition of National Bank of Kenya (NBK) from KCB Group, which commenced in March 2024. Following the completion of the transaction, NBK is…
Mindware Expands Footprint into East Africa
Mindware, a prominent IT distributor in the Middle East and Africa, celebrated the official opening of its East Africa operations in Nairobi, marking a significant new chapter in its growth journey. Bringing together over 200 channel partners, industry leaders, top…
Siemon Strengthens Leadership Team with New Appointment
The Siemon Company has announced the appointment of Karen Devin as Global Marketing Director. Karen brings over two decades of global B2B marketing experience, having successfully led marketing functions at both start-up and Fortune 500 companies in IT, telecom, cloud,…
Solarise Africa & RUBiSOL Named “Deal of the Year 2024 – East Africa
Solarise Africa and RUBiS Energy Kenya have been awarded the “Deal of the Year 2024 – East Africa” by DealMakers AFRICA, recognizing RUBiSOL, a joint venture specializing in renewable energy solutions for commercial and industrial clients. Launched in November 2024,…
Cross Switch Expands African Footprint with Kenya’s Pesawise
Cross Switch, a provider of industry-leading payment solutions, has expanded its African presence by launching services in Kenya and collaborating with Pesawise, an accredited local payment operator. Cross Switch provides a global payment platform that allows merchants across sectors like…
Citi & Standard Bank Arrange New Eurobond Deal for Kenyan Government
Citi and Standard Bank, acting as Joint Lead Managers (“JLMs”), successfully arranged a new Eurobond issue and tender offer for the Republic of Kenya via the National Treasury and Economic Planning. The merger solidifies Citi and Standard Bank’s positions as…
