KCB Acquires 75% Stake in FinTech Firm Riverbank Solutions
March 25, 2025
KCB has announced the acquisition of 75% stake in Riverbank Solutions, a Nairobi-based FinTech company. This will help the bank strengthen its regional distribution network. The deal amount has not been revealed and the transaction…
Visa Stay Secure Study 2025 Reveals Trends in Digital Payment Security
March 24, 2025
The Visa Stay Secure Study 2025 was released recently and revealed a rise in consumer awareness and proactive security measures for digital payments across Central and Eastern Europe, the Middle East, and Africa (CEMEA). The ninth annual…
Safaricom Spark Accelerator Hosts Investor Day for First Cohort of Startups
March 24, 2025
Last week, the Safaricom Spark Accelerator Program held an investor demo day where 9 startups from the inaugural cohort showcased their achievements while fostering connections with prospective investors.Β The Investor Day is the final phase…
How Safaricom is Driving Innovation in Kenyaβs Insurance Sector
March 24, 2025
Kenyaβs insurance industry has long seen low adoption numbers of around 2.3%. Many Kenyans either donβt see the need for insurance or see it as being too expensive and complicated to access. But Safaricom, through…
Safaricom Calls for Faster Cloud Adoption at Decode 3.0
March 24, 2025
At the recently concluded Safaricom Decode 3.0, the companyβs Director of Network, Antony Gacanja, said there is need for businesses to modernize their data infrastructure. At the event, Gacanja highlighted how multi-cloud environments, edge computing,…
Three JKUAT Students Head to China for Huawei ICT Global Finals
March 21, 2025
Three Jomo Kenyatta University of Agriculture and Technology (JKUAT) students have been selected to represent Kenya at the Global Huawei ICT Competition that will bring together tech talent from around the world in Shenzhen, China,…
LINX Expands Nairobi Internet Exchange to PAIX to Improve Regional Connectivity
March 21, 2025
The London Internet Exchange (LINX) has completed the expansion of the Nairobi network to PAIX in Nairobi. LINX Nairobi is a neutral, multi-site Internet Exchange Point (IXP) that was launched from three data centre locations…
Kenya Partners with India to Roll Out Digital Document Verification System
March 21, 2025
Kenya is stepping up efforts to flight document forgery by adopting a digital verification system. The country is doing this in partnership with India. According to Hon. William Kabogo the Cabinet Secretary, Ministry of Information,…
Absa Bank Kenya Reports Ksh 20.9 Billion Net Profit, Up 28% in 2024
March 20, 2025
Absa Bank Kenya has announced net earnings of 20.9 billion for the year ended 31 December 2024, a 28% jump year over year. The bank also declared a total dividend of Ksh 9.5 billion which…