Convergence Partners, a leading private equity investor in the technology sector of sub-Saharan Africa, is proud to announce the successful closing of its latest fund, the Convergence Partners Digital Infrastructure Fund (CPDIF), at $296 million. This is a significant milestone for the company, as this marks the largest fund in their portfolio and brings the total funds under management to over $600 million. Despite the current subdued private capital fundraising climate in Africa, the close was backed by a combination of existing and new investors, including leading global and regional development finance institutions (DFIs), pension funds, and financial institutions based…
Author: Kaluka wanjala
The Africa Tech Summit is set to host the final shortlist of 14 start-ups at the event in Nairobi from 15th to 16th February 2023. The final shortlist is a result of over 250 submissions from 20+ African countries, including Kenya, Tanzania, Ghana, Zambia, Mali, South Africa, and Benin. The 14 start-ups that have been selected come from five countries and represent diverse sectors such as fintech, agritech, health tech, and enterprise. These ventures aim to raise pre-seed, seed, and series A funding to solve real-world challenges and improve the lives of people in Africa. One such start-up is FreshSource…
Samsung has partnered with award-winning director Charlie Kaufman to showcase the capabilities of its Galaxy S22 Ultra camera. The partnership is part of the Filmed #withGalaxy campaign, which invites visionary directors to demonstrate the Galaxy’s film capabilities. Kaufman created a short visual art film titled “Jackals and Fireflies” using the Galaxy S22 Ultra and its Nightography feature, which allowed for clear and vivid shots of New York City’s night scenes. The film, which is based on a poem by Eva H.D., will be unveiled exclusively at the Galaxy Experience Space in San Francisco on February 1st and will be presented…
Shadrack Kiprotich, a Kenyan tech enthusiast, has won the coveted Microsoft Most Valuable Professional (MVP) Award for 2022. This award is highly esteemed in the tech community as it recognizes individuals who have made significant contributions to the industry through their knowledge sharing, passion for technology, and community involvement. Kiprotich, who was nominated in the Business Applications category, was selected among just over 3,000 awardees worldwide, making this achievement truly remarkable. The MVP award program is designed to identify experts in the field of technology who are dedicated to solving problems and sharing their knowledge with others. The MVPs are…
LG Electronics has been a significant player in the gaming monitor market for years. The brand is known for its cutting-edge displays that offer high-quality visuals and lightning-fast response times. Today, LG has announced that its newest UltraGear gaming monitor, the 25GR75FG, will be the official display of the League of Legends EMEA Championship (LEC) 2023. This means that players from the top teams in the EMEA region will be competing on the latest and greatest technology that LG has to offer. The 25GR75FG is a 24.5-inch Full-HD (1,920 x 1,080) IPS display that boasts a 360Hz refresh rate and…
JUMO, a technology company specializing in financial services for emerging market entrepreneurs, recently appointed Joe Mucheru as President of the company. Mucheru, who was formerly the Kenyan Cabinet Secretary in the Ministry of ICT, Innovation and Youth Affairs, brings a wealth of experience and knowledge to JUMO’s executive team and board. Mucheru has a strong background in technology, having previously served as the head of Sub-Saharan Africa for Google and co-founding Wananchi Online, the parent company of Zuku, an internet service provider. He is also a global board member of UNICEF Generation Unlimited and holds various other board positions, including…
Samsung’s first Unpacked event of 2023 is fast approaching, and all signs point to the release of the Galaxy S23 series, along with a series of new laptops. The Galaxy S23 Ultra, S23, and S23+ are expected to be the headliners of the event, while the Galaxy Book3 series of laptops is also expected to make an appearance. The Galaxy S23 Ultra is expected to carry on the design of its predecessor, but with a few updates and new color options, including the Cotton Flower and Botanic Green. It will also retain the built-in S Pen, a 6.8-inch display, a…
On Friday, President William Ruto of Kenya spoke at the Kenyatta International Convention Centre during the observance of International Data Privacy Day. During his speech, he emphasized the importance of a data protection regime that serves the public interest while also ensuring that private data is not compromised. President Ruto acknowledged the need to ensure that criminals do not exploit data protection to perpetuate crime. He also officially launched the Data Protection Registration system, which will be used to manage and protect personal data in Kenya. The President emphasized the need for a clear data management plan that promotes Kenya’s…
LG Electronics has announced the global launch of its LG ThinQ UP upgradeable home appliances, including refrigerators, washers, dryers, oven ranges, and dishwashers. These appliances are designed to adapt to the unique needs and changing lifestyles of each customer, enabling users to enjoy new features and functions without having to make any additional purchases. Built around the customer-centric concept of “Evolving with You,” LG ThinQ UP appliances can incorporate new features throughout their life, providing more value to users over time. LG will continuously develop easy-to-install software updates and hardware add-ons, delivering specialized options and new conveniences based on the…
In today’s digital age, data privacy and protection have become more important than ever. With the increasing amount of personal information being shared online, it’s crucial that we take steps to protect our data from breaches and misuse. One way to do this is by embracing the use of privacy-enhancing technologies (PETs). In this blog post, we will explore the importance of using PETs to improve consumer data privacy and protection. First and foremost, it’s important to understand that our personal data is valuable. It’s used for a wide range of purposes, from targeted advertising to credit scoring, and it’s…

