Foldable phones have been on the market for a few years now, and according to a press release by International Data Corporation (IDC), they are gaining popularity at an impressive rate. IDC has projected that worldwide shipments of foldable phones, including flip and fold form factors, will reach 21.4 million units in 2023, an increase of more than 50% over the 14.2 million units shipped in 2022. By 2027, IDC expects worldwide shipments to reach 48.1 million units with a market value of $42 billion, representing a compound annual growth rate (CAGR) of 27.6% from 2022 to 2027. Foldable smartphones…
Author: Kaluka wanjala
The Kenyan government has dropped a policy requiring foreign-owned firms to sell at least 30% of their stakes to local investors after US-based tech giant Amazon successfully lobbied President William Ruto to remove the foreign ownership rule. This is being reported by the Business Daily. Airtel Kenya will be the biggest beneficiary of this policy shift since it had started looking for Kenyan investors to buy the required 30% stake. The policy change is expected to attract more foreign investors in the country’s expanding IT sector, which has been growing rapidly and is attracting the interest of many foreign companies.…
Infinix is set to launch its next smartphone series in Kenya next week. The company has confirmed that the Infinix Hot 30 series will be launched on 7th April. This will be the successor to the Infinix Hot 20 series from last year. The Infinix Hot series is one of its affordable devices and the Hot 30 will be the first major release from the company in Kenya this year. According to Infinix, we should expect a sleek design and powerful performance from this series. The company says the Hot 30 is equipped with the latest software and hardware, comes…
Earlier this month, we told you that SEACOM was looking for a new successor after Oliver Fortuin Stepped Down. Fortuin’s decision to leave SEACOM comes as a result of his desire to be closer to his adult children who have relocated overseas. SEACOM has today announced the appointment of Alpheus Mangale as its new Group Chief Executive Officer (CEO) effective April 1, 2023. Mangale is a seasoned business leader with over 25 years of experience in enterprise, telecoms, financial services, and technology markets across Europe, the Middle East, and Africa. He previously spent 16 years at Dimension Data Group (now…
HMD Global is expanding its portfolio in Kenya with the launch of the new Nokia G60 5G smartphone. The phone is available in retail stores starting from Ksh 53,000. This device boasts a range of new features that are sure to excite tech enthusiasts and eco-conscious consumers alike. One of the standout features of the Nokia G60 5G is its environmentally conscious design. The phone is built from a high percentage of recycled materials, with a 100% recycled plastic back and a 60% recycled plastic frame. Not only is this great news for the environment, but it also ensures that…
HMD Global plans to assemble some Nokia smartphones in Kenya if all goes as planned. The company is planning to set up local assembly plants with its partners and as soon as things are ready to go, it will make the official announcement. Plans are at an advanced stage with trials being carried out but the company was not generous with information but said that as soon as they have everything planned, they will share all the details with the public. The company will assemble both smartphones and feature phones in the local assemble facility. This is a significant development…
Payday has announced a $3M seed round led by Moniepoint Inc with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors, Dare Okoudjou, Founder and CEO of MFS Africa, and Tola Onayemi, CEO of Norebase. This recent investment has brought Payday’s total investment to date to $5.1m. The funding will be used to secure operational licensing in the United Kingdom and Canada, while building out operations in the United Kingdom, where the company has recently been incorporated. It will also boost talent acquisition as the startup’s team complement expands from 35 to 50 employees.…
Are you looking to buy Bluetooth speakers in Kenya? Bluetooth speakers have become a popular way to enjoy music, movies, and podcasts wirelessly. With so many options on the market, it can be overwhelming to choose the right Bluetooth speaker for your needs. You can get Bluetooth speakers on Jumia as well as other retailers across the country. In this article, we’ll cover everything you need to know before buying Bluetooth speakers in Kenya. Sound Quality When buying Bluetooth speakers, sound quality should be your top priority. Look for a speaker that delivers crisp, clear, and well-balanced sound. It’s worth…
MPost has increased its annual subscription charges by 33% in response to high operating costs. The service, which was launched in Kenya in partnership with the Postal Corporation of Kenya (PCK) in 2016, will now see subscribers paying an annual fee of Ksh 400 from Ksh 300. According to the founder and CEO of Taz Technologies, the company that owns the MPost innovation, the increase in annual subscription charges is mainly due to the high cost of doing business in Kenya, which has gone up in the last few years. The service enables mobile phone users to receive alerts of…
The Infinix Hot 30i is one of the latest smartphones from the Chinese manufacturer to launch in Kenya. This phone is available in retail stores for Ksh 15,500. This is almost the same price range its predecessor, the Infinix Hot 20i, was launched for. The Hot 20i was launched in Kenya late last year and we did not get to see much of it afterwards. The company hopes things will be different with the Hot 30i which you can now get in Kenya. As expected, the Hot 30i is an affordable smartphone and that is evident from its key specifications.…

