Author: Kaluka wanjala

Vertiv and ZincFive have announced that Vertiv will add the ZincFiveBC Series uninterruptible power supply (UPS) Battery Cabinets to its portfolio of battery systems available for data centre backup power. The safe and recyclable nickel-zinc batteries are compatible with select large and medium Vertiv™ UPS, including the recently launched Vertiv Trinergy, systems as a source of backup energy storage, complementing the company’s commitment to enable customers to minimise the environmental footprint of their data centre sites. The ZincFive BC Series UPS Battery Cabinets are now available from Vertiv in North America and Europe, Middle East and Africa. ZincFive’s BC Series UPS Battery Cabinets are the first nickel-zinc battery energy…

PalmPay has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay’s rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology. More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection. In 2024, some of the most influential fintechs in the world were included in the list, including Alipay, Nubank, Monzo, and Revolut. Six other African firms made the list: Flutterwave (Nigeria/US) –…

As global electricity demand from data centres is expected to double by 2026 – largely driven by computing and cooling requirements from AI (artificial intelligence) and HPC (high-performance computing) – it is crucial to have a robust backup power solution to provide continuous availability of the GPUs and CPUs that run AI compute. To address these challenges, Vertiv has introduced Vertiv Trinergy, an uninterruptible power supply (UPS) engineered to handle the fluctuating load demands of data centres, and Vertiv PowerNexus, an integrated solution that provides space-saving close coupling of the UPS and system switchgear. Both solutions are available globally. Vertiv Trinergy UPS is available globally…

 I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition, a comprehensive financial tool designed to help businesses manage day-to-day expenses more effectively and support global operations. This initiative marks another longstanding engagement between I&M Bank and Mastercard. The Business Card proposition comprises the Business Credit Card and the World Business Credit Card targeted at Business and Corporate Banking segments.  The Bank which celebrates its 50th anniversary this year has been on an aggressive strategy to grow its relevance in existing and emerging market segments. This proposition cements the lender’s position as a leader in the…

Xiaomi Kenya has today announced the launch of the Redmi 13 series in Kenya. The series is available in the country starting at Ksh 18,199 for the 6GB variant with 128GB of space. According to Xiaomi, this phone promises to captivate tech enthusiasts and consumers alike with its cutting-edge technology and exceptional features, redefining the user experience with its advanced specifications and sleek design. The Redmi 13 features a 108MP main camera. With a 3x zoom and lossless image quality, users can capture stunning close-up shots without compromising resolution. The large 1/1.67″ sensor enhances light capture, ensuring brilliant night photography…

OPPO has announced a new partnership with Ericsson that includes global patent cross-license, technical cooperation, market expansion and other collaborations. The global cross license covers standard-essential patents (SEPs) related to cellular communication technologies, including 5G.  Feng Ying, Chief Intellectual Property Officer of OPPO, said, “We are pleased to announce that we have reached a global cooperation agreement with Ericsson. The global patent cross license between two companies covers cellular standard-essential patents including 5G. This agreement reflects the mutual recognition and respect for each other’s intellectual property and lays a solid foundation for our collaboration. OPPO has always respected intellectual property,…

Sophos has released a sector survey report, “The State of Ransomware in Critical Infrastructure 2024,” which revealed that the median recovery costs for two critical infrastructure sectors, Energy and Water, quadrupled to $3 million over the past year. This is four times higher than the global cross-sector median. In addition, 49% of ransomware attacks against these two critical infrastructure sectors started with an exploited vulnerability. Data for the State of Ransomware in Critical Infrastructure 2024 report comes from 275 respondents at energy, oil and gas, and utilities organizations, which fall under the Energy and Water sectors of CISA’s 16 defined…

Recently, Binance’s Global Chief Compliance Officer, Noah Perlman, sat down for podcast appearances with notable content creators in the space: Fraud Eats Strategy, TRM Talks, and Chainanalysis Public Key podcasts. On these occasions, Noah shared many insights about steering Binance to pioneer an industry-standard compliance program amid the maelstrom of global regulatory evolution of the crypto space. Below are a few recurring topics that Noah covered across all three podcasts.  On joining Binance in the middle of the storm When Noah Perlman joined Binance in January 2023, the company had been navigating turbulent waters. This period saw Binance facing significant scrutiny, eventually culminating…

 Sama, the leader in providing data annotation and model evaluation for some of the world’s biggest artificial intelligence (AI) models, today announced it has entered into a strategic partnership with The University of Nairobi (UoN) designed to advance the Generative AI (GenAI) industry in Kenya. By virtue of this partnership, UoN students and faculty will gain exposure to the rapidly evolving GenAI environment through part-time employment opportunities with Sama. Sama will provide the appropriate training, equipment, materials and work areas to facilitate this engagement. Speaking during the signing of the agreement, Prof Stephen Kiama, the Vice-Chancellor of the University of…

Over 250 stakeholders from diverse backgrounds, such as government, civil society, donors, academics, students, and private industry experts have convened for DataFest Africa 2024 conference, organised by the Aga Khan University and Pollicy. The conference, themed Opportunities for all: Harnessing Data & Technology for Africa’s Transformation, is celebrating the use of data in East Africa and creating a platform to address and leapfrog challenges that stymie the development of data ecosystem in Africa. Speaking during the opening ceremony of the conference and on behalf of the Office of the Data Commissioner, the Deputy Data Commissioner Oscar Otieno commended Aga Khan University and Pollicy…