Author: Kaluka wanjala

Tether has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) to explore blockchain-powered financial market innovation, digital asset education and the tokenization of securities in Kenya. A key focus of this partnership will be on investor education through training sessions, workshops and awareness programmes for stockbrokers, retail investors and other market participants to improve their understanding of digital assets and their role in capital markets. The two organizations will also assess the use of Distributed Ledger Technology (DLT) to support tokenized securities, instant settlement, and fractional ownership of investments. The initiative will also explore the use…

Google has opened applications for the Google Africa Applied AI Lab, a new initiative designed to help African founders and researchers turn AI ideas into commercially viable products while accelerating the continent’s AI innovation ecosystem. Based at the Accra AI Community Centre (AICC) in Ghana, the lab will serve entrepreneurs from across Africa, offering technical collaboration with Google experts, early access to Google DeepMind’s latest AI models and mentorship from leading venture capital firms. Google’s AI for Africa program will focus on five key areas where the company sees AI having a significant impact – the future of work, knowledge,…

Dimension Data has completed the first tranche of its N20 billion corporate bond programme by issuing N4.05 billion (approx. US$2.9 million) in debt. Speaking during the signing ceremony, Dimension Data Managing Director Olugbenga Olabiyi said the investment underscores the company’s commitment to supporting Nigeria’s digital economy through critical infrastructure. “Beyond delivering technology solutions, we work every day to strengthen Nigeria’s digital economy. This milestone reflects the confidence of our partners and investors in our vision, and we look forward to translating these investments into infrastructure that supports businesses, innovation and national digital transformation,” he said. The company said the proceeds…

Yellow Card CEO and Co-Founder Chris Maurice Named to Stablecoins Most Influential 2026 List. This is Stablecon’s annual list of individuals shaping the global stablecoin ecosystem. The list recognizes leaders across six regions and multiple categories, including stablecoin issuers, builders, policymakers, and executives. Honorees are selected using a five-factor framework that assesses influence, impact, innovation, momentum, and peer recognition. Maurice joins a 2026 cohort that includes Coinbase President and COO Emilie Choi, Stripe Co-founder and CEO Patrick Collison, Paxos CEO and Co-Founder Charles Cascarilla and BlackRock Chairman and CEO Larry Fink. “Many years ago, we took a bet on Stablecoins…

Airtel Africa’s revenue rose 31.0% to $1.85 billion for the financial year ended June 30, 2026. This was driven by continued growth in mobile services, data usage, and Airtel Money across its markets. The telecom operator said revenue growth was supported by double-digit constant currency growth across all business segments, with mobile services revenue rising 19.1% and mobile money revenue increasing 25.8%. In East Africa, revenue grew 14.4% in constant currency and 21.9% in reported currency to $607 million. The region’s performance was supported by a 9.3% increase in its customer base and 5.3% growth in average revenue per user…

Kenyan fintech startup WayaWaya has appointed former Chase Bank Kenya executive Raj Singh as a non-executive director and board adviser. He joins at a time when WayaWaya is seeking to deepen its partnerships with banks and merchants and scale its AI-powered financial services platform across Africa and beyond. “Raj joins us at an important point in WayaWaya’s growth journey. His banking, fintech and international experience will be invaluable as we move from innovation to scale,” said WayaWaya founder and CEO Teddy Ogallo. He added that Singh will play a key role in expanding the company’s network of banking partners, strengthening…

Vertiv has announced plans to expand its chiller manufacturing and testing capabilities at its Tognana campus near Padua, Italy. The aim is to meet the growing demand for AI-ready data centre cooling infrastructure. By the end of 2026, the company aims to double the site’s chiller production capacity and complete a new large-scale testing laboratory by early 2027. The investment will help support the growing thermal needs of high-density AI workloads, as well as create new jobs across the campus. The new testing facility will allow Vertiv to validate the performance of large-scale chillers integrated with liquid cooling systems under…

Artificial intelligence is becoming part of everyday life for most people. From mobile banking and fraud detection to healthcare and government services, AI is increasingly shaping how businesses operate and how people interact with digital services. But according to Alan Turnley-Jones, Chief Executive Officer for Middle East and Africa at NTT DATA, many organisations are making a fundamental mistake in their AI journey by focusing on the technology itself rather than the business problems it is meant to solve. Speaking to TechArena during an interview in Nairobi, Turnley-Jones said successful AI adoption starts with identifying clear business outcomes before selecting…

PawaPay has been named one of the World’s Top Fintech Companies 2026 by CNBC and Statista. The recognition comes after a strong year for the company, during which it processed more than three billion mobile money transactions while enabling businesses to access mobile money services across 20 African markets through a single integration. Now in its fourth year, the World’s Top Fintech Companies ranking is compiled by CNBC in partnership with research firm Statista. For the 2026 edition, more than 3,500 fintech companies from around the world were evaluated, with only 500 making the final list based on innovation, scalability…

Zoho says Kenya has become one of its fastest-growing markets after recording 55% year-on-year revenue growth, prompting the company to deepen its investment in the country through a strategic partnership with the Kenya National Chamber of Commerce and Industry (KNCCI). The announcement was made during Zoholics Kenya 2026, Zoho’s annual customer and partner conference held in Nairobi. As part of the partnership, eligible KNCCI members will receive KES 65,000 in Zoho Wallet Credits that can be used across Zoho’s portfolio of more than 60 cloud-based business applications, allowing small and medium-sized businesses to adopt digital tools with little upfront investment.…