Author: Kaluka wanjala

Summary mTek, the digital online insurance platform, has secured $1.25 million (over Ksh 168 million) in funding to power its expansion in Kenya and across East Africa. This undisclosed funding round was led by Verod-Kepple Africa Ventures and Founders Factory Africa. mTek makes it easier to purchase insurance directly from the insurer, compare insurance policies and even file claims through a smartphone. Besides that, the company also provides White Label / SaaS solutions to other industry stakeholders to improve their operations and distribution. The latest funding round is expected to help the company solidify its position as a leader in…

The Microsoft Africa Development Centre (ADC) has kicked off the second upskilling cohort, which will support university lecturers and empower them to keep in step with advancements in the tech industry. This edition introduces elements within its content and instruction that will further place participating faculty at the forefront of understanding technological progress.  Building upon the foundation laid by the first cohort, this year’s edition concentrates on intensive software development training, delving into the latest technologies, such as AI, and industry trends with a focus on practical exercises. While speaking about the programme, Catherine Muraga, the Microsoft ADC Managing Director,…

Summary Glovo has teamed with Visa to empower small-to-medium enterprises (SMEs) through a series of online training courses. The collaboration is a result of Glovo and Visa’s shared belief that SMEs are the pillars of our global economy. The programme sits under Glovo’s umbrella programme, Glovo Local – an initiative to help bolster SMEs so that they can thrive in an increasingly digital world. The videos are geared towards aspiring local business owners who want to competently start a small business, as well as growth-minded owners of small and medium-sized businesses looking for ways to streamline their current practices and…

21 top Kenyan students were awarded today out of the almost 6,000 who entered the 2023-2024 Huawei ICT Competition during a ceremony held in Nairobi. Of the 21 winners at a national level, an impressive 18 of them have subsequently won awards at the regional level and will be going to China for the global final, more than any of the other 15 countries in the region. As Kenya emerges as a key player in the Southern African Region, its students are making their mark on the global stage. The students also got cash prizes and Huawei products whilst other…

LG has announced the rollout of the 2024 lineup of LG OLED TVs and QNED TVs in Kenya. The TVs will be available for purchase at LG Brandshops and leading supermarkets countrywide. Central to this TV lineup are the company’s latest cutting-edge AI processors, which unlock an enhanced home entertainment experience through a precise and immersive picture and audio quality. Engineered exclusively for its OLED TVs, the new α (Alpha) 11 AI processor featured in the 97-inch LG SIGNATURE OLED M4, LG OLED evo M4 and G4 models boasts AI with deep learning that is four times more powerful than…

ORA Technologies has successfully secured $1.5 million in Seed funding from Moroccan entrepreneurs, demonstrating their strong belief in the company’s growth and impact potential. The ORA Maroc Super App, with its impressive 300,000+ downloads, aims to be an essential daily tool for Moroccans by offering a comprehensive suite of services on a single platform. This includes facilitating the purchase and sale of goods, enabling chat conversations, social connections with friends and family, and food delivery services, all delivered through an easy-to-use interface that ensures a smooth user experience. Anticipation is building within the Moroccan tech community for the Super App’s…

Summary Village Capital and Moody’s Foundation have announced the launch of Greetech2024: The Future of Sustainability, an investment-readiness accelerator. This accelerator is meant to advance innovative and sustainable solutions that actively contribute to building resilience and mitigating the effects of climate change across Africa. It will focus on startups from Egypt, Kenya, Nigeria, Senegal, and South Africa. Village capital unlocks critical social and financial capital for early-stage companies to maximize business and impact growth. It has been in operation since 2012 by running over 14 accelerator programs in serving entrepreneurs in 15 countries in the region. This program is part…

Samsung has rolled out the March security patch to the Galaxy S24 in Kenya. The S24 series was launched in Kenya a few weeks back and is currently available in stores from ksh 124,500. You can get the phone through both online and offline retailers across the country.  The update is about 282 MB in size and mostly improves device stability and bug fixes. Below is the changelog: Also Read: Samsung Galaxy S24 First Impressions

Watu Credit has today been awarded a Client Protection Certification in recognition of their long-standing commitment to client protection by the Microfinanza Rating (MFR) Certification Committee. The recognition was awarded to both Watu Kenya and Watu Uganda. The two subsidiaries of Watu were awarded Bronze level Customer Protection Certification. They become the first Kenyan financial institution to be awarded and the third in Africa. This recognition means Watu is 100% compliant with various client protection regulations and standards outlined in the Cerise+SPTF Methodology and the Universal Standards for Social and Environmental Performance Management. Andrii Volokha, General Manager for East Africa…

Bolt has announced the expansion of its services to Kinshasa in the Democratic Republic of Congo (DRC).  Bolt currently has over 200 drivers ready to start providing services through its platform in Kinshasa. The capital has limited private transportation options according to Bolt and this makes it the perfect city to expand operations to. Residents need reliable, convenient and cost-effective modes of transportation and Bolt is ready to provide that. As it launches in the country, the company says it will not be charging any commission for at least 6 Months. Laurent Koerge, Head of Expansion at Bolt, said the…