Author: Kaluka wanjala

 Paymentology has announced a continuation of its partnership with Zambian fintech, Union54, a company dedicated to providing secure messaging and instant payment systems. Building on the recent launch of Union54’s ChitChat—a messaging app with an integrated payment wallet—this collaboration introduces a USD virtual Mastercard debit card to the platform. Leveraging over two decades of expertise, Paymentology provides its next-generation payment platform to support Union54’s expansion of ChitChat in Zambia and other African markets during this critical growth phase. Founded in 2021 by entrepreneurs Perseus Mlambo and Alessandra Martini, Union54 has quickly gained prominence in Africa’s fintech sector. Its flagship product, ChitChat,…

ASUS today announced that it showcased its latest technological innovations at the Always Incredible Media Day for IFA 2024 in Berlin, Germany. The company highlighted its commitment to its Ubiquitous AI. Incredible Possibilities vision by unveiling a new portfolio of next-generation ASUS Copilot+ PCs. Equipped with the latest Intel Core Ultra processors (Series 2),they deliver exceptional style and performance for the ultimate in AI experiences. The new Zenbook S 14 (UX5406) redefines the boundaries of ultraportable laptops, blending exquisite design with exceptional performance. This premium device is the slimmest ASUS 14-inch ultraportable, boasting a thin 1.1 cm profile and a…

Absa Bank Kenya advanced close to KES 60 billion in sustainable finance in 2023, highlighting the Bank’s ongoing commitment to driving sustainable development. This figure, contained in the Bank’s Sustainability Report for the financial year ended December 31, 2023, is made up of KES 22.3 billion advanced as climate and sustainability-linked finance and KES 36.9 billion in inclusive finance. The report is themed, ‘Banking on a Better, Sustainable Future.’ Under climate finance, KES 14.1 billion was advanced towards renewable and clean energy, KES 2.9 billion was advanced to green building and KES 2.2 billion towards climate smart agriculture financing and…

Check Point has today unveiled its innovative Portal designed for both managed security service providers (MSSPs) and distributors. This platform significantly simplifies service delivery and enhances the ease of doing business with Check Point. According to Canalys, the global MSSP market is projected to grow by 14.2% annually, driven by increasing cyber threats and the need for specialised security services. However, MSSPs and channel partners today face a range of challenges—from efficiently scaling their services, managing multiple customers across disparate security solutions, ensuring compliance with evolving industry regulations, to balancing operational costs with profitability. The Check Point MSSP Portal offers a…

BYD Set to Launch its Electric Vehicles in Zambia in Partnership With PEM (Pilatus Electric Mobility Zambia Limited). Through this partnership, PEM will now be called BYD Zambia. In Zambia, BYD plans to sell three vehicle models that include the Dolphin, the ATTO 3, and the SEAL. The BYD Dolphin is a compact sedan with a range of 420 km, the ATTO 3 is a versatile SUV with the same 420 km range while the SEAL is considered a high-performance sedan with 570 km range. Commenting on this, Tue Nyboe Andersen, Executive Director of BYD, said, “I started the journey…

NALA has been granted an IMTO licence from the Bank of Uganda. The IMTO license will enable us to integrate directly with mobile money services and enable users to conveniently pay into local mobile wallets, empowering us to deliver more efficient and secure cross-border payments to individuals and businesses.”From what we see at NALA through our Rafiki API and the data from the Bank of Uganda, a lot of remittances go towards basic needs like education, medical care, and other household expenses. While the process of remitting money has improved, there’s still more to do to make sure these remittances…

Red Hat has announced it has collaborated with Nationwide Building Society to build and scale its new Business Integration Platform (BIP) to improve customer engagement for 16 million members. Red Hat OpenShift, the industry’s leading hybrid cloud application platform powered by Kubernetes, is helping Nationwide achieve service availability of 99.999% and enable faster deployment of upgrades and launches.  Nationwide is the world’s largest building society, with over 17 million customers, 16 million of whom have a current account, mortgage or savings product, and are therefore members of the Society. In order to better support increasing customer digital demands, Nationwide wanted…

Canon Central and North Africa proudly commemorated the 10th anniversary of its Miraisha programme, celebrating a decade of transformative impact and achievements across Africa. The milestone event, titled “10 Years of Miraisha”, highlighted the programme’s remarkable journey and the impact it has had on aspiring photographers, filmmakers, and creative professionals throughout the continent. During the exclusive media event held at KCA University on 3rd September 2024, Canon made a special announcement of awarding 10 scholarships to hand-picked students from across Africa. These students, selected by the Miraisha team, trainers, and partners, represented the diverse nations where the programme has been…

Absa Bank Kenya has announced the launch of a new Corporate and Investment Banking (CIB) campaign themed “Invested in Your Story” that emphasizes moving beyond simply delivering competitive solutions and services to a deeper understanding of clients’ needs and a dedication to their long-term success. This new approach to corporate and investment banking acknowledges the common human insight that banks frequently lack empathy in their client engagements and interactions, with broad sentiment indicating that banking solutions are often too generic. Speaking about the campaign, Absa Bank Kenya CIB Managing Executive, James Agin, said: “Being invested in your story encapsulates more…

VC4A has announced that it will co-host the Africa Early Stage Investor Summit (#AESIS2024) on November 28-29, 2024 in Cape Town. Now in its 11th year, the Summit remains Africa’s premier gathering for early stage investors seeking an opportunity to network with and build lasting relationships with the broader investor community. VC4A extends an invitation to investors, policymakers, financial institutions and fellow ecosystem builders to join us in Cape Town for a disruptive investor-led experience. For a decade, VC4A through its platform has remained a driving force in putting Africa’s startup ecosystem on the global investment map. The organization spotlights the…