Author: Kaluka wanjala

Airtel Africa has announced its latest partnership with SpaceX to deliver Starlink’s satellite internet to its customers across the continent. This will help improve Airtel Africa’s satellite connectivity offerings. Its aim is to extend reliable internet access to underserved and remote communities. These include schools, health centres, businesses and rural enterprises. SpaceX has secured operating licenses in 9 of the 14 African countries where Airtel operates, with license approvals pending in the remaining five. Once regulatory clearances are finalized, Starlink will become a powerful addition to Airtel Africa’s connectivity infrastructure. “We remain deeply committed to our vision to enrich the…

Kenya Power has announced plans to install 45 electric vehicle (EV) charging stations across six counties over the next year. The chargers will be deployed in Nairobi, Nyeri, Kisumu, Eldoret, Nakuru, Mombasa, and Taita Taveta. In Nairobi, six of the chargers will be at Jomo Kenyatta International Airport (JKIA). “Kenya Power is committed to enabling the country’s transition to electric mobility to catalyse the reduction of carbon emissions,” said Dr. (Eng.) Joseph Siror, the company’s Managing Director and CEO. “Part of our plan is to create an enabling environment for players within the e-mobility ecosystem through provision of adequate power…

Bolt has announced a new partnership with Driver Technologies to bring affordable, high-tech dash cam functionality to its driver partners across South Africa. Through this partnership, Bolt drivers can now turn their smartphones into fully functional dash cams—recording both the road ahead and the interior of their vehicles. The app, developed by Driver Technologies, offers cloud-backed video storage, unlimited trip recordings, and the ability to access and share footage when needed. As part of the rollout, Bolt drivers will get their first month of the premium dash cam service free. After that, they’ll be able to continue using the service…

Money Fellows has announced it has raised $13 million in a new financing round. This round brings the total amount invested in the company to over $60 million. The company will use the investment to enhance and upgrade its digital platform, especially as its user base expands to over 8.5 million users. This latest round of investment was co-led by Al Mada Ventures (AMV) and DPI Venture Capital via the Nclude Fund, with notable contributions from Partech, and CommerzVentures “Money Fellows is a critical player in Africa’s financial ecosystem, combining the power of community-based savings with cutting-edge fintech to create…

Spotify’s AI Playlist tool is now available in Kenya. This feature gives Premium subscribers a fun and creative way to discover and curate music. It was Initially launched in the UK and Australia but is now rolling out to over 40 new markets globally, including Kenya. Here’s everything you need to know to get started. What Is Spotify’s AI Playlist? AI Playlist is a beta feature on Spotify that allows Premium users to create playlists using natural language prompts. Whether you want “Afrobeat tracks to heat up the dance floor” or “chill songs for a rainy Nairobi evening,” Spotify uses…

Aruwa Capital Management, the trailblazing, female-founded investment firm based in Lagos, has announced it has raised 90% of its $40 million target for its second fund, Aruwa Capital Fund II—a major milestone in a tough fundraising environment. Building on the success of its first fund, which closed in 2022 at just over $20 million, Fund II is already showing promise. Backed by a diverse group of returning and new investors, including the Mastercard Foundation Africa Growth Fund, Visa Foundation, Bank of Industry (BOI), British International Investment (BII), and EDFI Management Company (via the EU-funded ElectriFI initiative), Aruwa is on track…

Ghanaian startup Tendo has received fresh backing from Renew Capital. Tendo is expanding its mission to empower everyday people to launch and run ecommerce businesses using nothing more than their smartphones and social media accounts. The model is simple but powerful: resellers pick products from Tendo’s catalog, promote them on platforms like WhatsApp and Facebook, and pocket the profit without ever handling the stock themselves. “Our mission is to create opportunities for individuals to build businesses with minimal risk,” said Felix Manford, Tendo’s co-founder and CEO. “By providing a seamless platform that takes care of inventory and delivery, we empower…

The third annual E-mobility Stakeholders Conference and Expo is set to take place in a couple of days, starting this Sunday, 4th May 2025.  The three-day event is set to host over 1,000 participants from the private and public sectors to explore innovations, policies, and investments that will accelerate the adoption of electric mobility in Kenya. The first day of the conference (Sunday, 4th May 2025) will commence with a 77-kilometer E mobility Parade in Nairobi and its environs followed by two days filled with keynote addresses, panel discussions, product exhibitions and live demonstrations under the theme “Nurturing the Growth…

NCBA has launched the third cohort of its Go-Getter Internship Programme. This welcomes a fresh group of 50 graduates into a year-long journey to shape the next generation of corporate leaders. The programme, which has become a key part of NCBA’s talent development efforts, provides young graduates with more than just work experience. Over the next 12 months, the selected interns will gain hands-on exposure to the fast-paced banking world, guided by industry professionals. The most outstanding performers may also find themselves at the top of the list for full-time roles within the bank. Speaking during the launch, NCBA Group…

Onafriq and Circle, stablecoin market leader and issuer of USDC, have announced their strategic partnership aimed at transforming cross-border payments and digital financial services. Currently, over 80 percent of intra-African payments are routed through correspondent banks outside the continent and settled in foreign currencies such as the US dollar or Euro. This results in a staggering US$5 billion in transaction fees annually and undermines economic integration efforts. Onafriq and Circle are working together to change this paradigm by piloting the use of USDC-powered settlement solutions into Onafriq’s network, which connects over 500 wallets and 200 million bank accounts in more than…