Author: Kaluka wanjala

The Company for Cooperative Insurance (Tawuniya), the largest insurance company in MENA, today announced a strategic partnership with MoneyHash, the Middle East and Africa’s leading payment orchestration platform, at LEAP 2025 in Riyadh. This collaboration aims to optimize Tawuniya’s payment performance, deliver a seamless customer experience, and empower the company to stay ahead of the curve with next-generation payment solutions. Optimizing for the Future Through this partnership, Tawuniya leverages MoneyHash’s innovative payment orchestration platform to streamline its payment infrastructure. This collaboration will enable Tawuniya to: A Commitment to Innovation “Tawuniya is committed to embracing advanced technologies that enhance our customer…

P1 Ventures – the early-stage, Pan-African VC – has completed the final close of its first $50 million institutional fund and welcomed African conglomerates, family offices, and partners at global VCs, alongside the World Bank’s IFC. Senior advisors include Index Ventures’ founding team member, Bernard Dalle and Emil Michael, former Uber CBO who scaled it globally. With over $60 million now in AUM, P1 Ventures builds on a year of strong momentum in which it completed its largest-ever deal; co-investing as the only African VC alongside Accel into Morocco-based Nuitee’s $48 million Series A round. These achievements underscore P1 Ventures’…

Raenest has announced the completion of its $11M Series A funding. The round was led by QED Investors, with participation from Norrsken22, alongside follow-on investment from Ventures Platform, P1 Ventures, and Seedstars. This equity-based capital injection brings Raenest’s total venture funding to $14.3M. With this new funding, Raenest aims to deepen its operations in Nigeria, while also strengthening its Kenyan presence. The company also plans to enter the United States and Egypt this year, broadening its impact with Africans within the continent and outside the continent, and also attract top talent to support its growth. Currently, Raenest holds licenses in Nigeria as an approved International…

Swypt, a leading digital payments platform, is excited to announce the integration of cKES, Kenya’s first decentralized stablecoin on Mento pegged 1:1 to the Kenyan Shilling. This groundbreaking integration allows users to seamlessly purchase, spend, and transfer cKES across Swypt’s extensive merchant and peer network. Founded in May 2023 in Nairobi, Kenya, by Davis Thoyah, Swypt was created to address the challenges of slow and risky P2P crypto trading. Frustrated by high risks and inefficiencies, the Swypt team developed a secure, fast, and cost-effective alternative. Swypt’s first prototype debuted at ETHSafari 2023, followed by its launch in June 2024. Since…

Six thousand youth have benefited from the Huawei DigiTruck Initiative to date, marking a significant milestone in empowering the next generation of tech leaders with the digital skills required to thrive in today’s fast-evolving ICT industry. The initiative has also been instrumental in helping youth bridge the digital divide and prepare for the future, thus driving positive change and expand opportunities for youth in Kenya. Launched in 2019, ‘DigiTruck’ is a mobile classroom converted from a shipping container and is fully equipped with laptops, smartphones, and Virtual Reality headsets. This mobile learning facility travels to remote areas, providing hands-on training…

Last week, Eskimi, an end-to-end creative and media tech platform announced a modernization of its services in Kenya. With a strong focus on ad targeting solutions, Eskimi elevates the standard by introducing innovative, creative strategies and data-driven enhancements for advertisers. “We began collaborating with Kenyan advertisers, media agencies, and publishers in 2013, consistently demonstrating our commitment to innovation within the AdTech landscape. To elevate our clients’ campaigns, we have significantly enhanced our services through partnerships with AI solutions, new performance measurement capabilities, and educational initiatives,” says Beatrice Njiraini, Regional Director for Eskimi in Kenya. New partner tools available When planning…

Gerald Maithya is the General Manager, Microsoft Africa Transformation Office In recent years, Africa has emerged as a vibrant hub of innovation, driven by a new generation of entrepreneurs who are leveraging cutting-edge technologies to address some of the continent’s most pressing challenges. At the heart of this transformation are a range of partnerships and collaborations that bring together the resources and expertise of governments, private sector tech companies, and global technology leaders to support African startups. These collaborations foster a thriving startup ecosystem and pave the way for sustainable economic growth across the continent. The role of AI in…

LG Electronics has announced the introduction of LG PuriCare AeroHit, an advanced air care solution designed to seamlessly integrate into any living space while delivering superior indoor air quality. Boasting advanced purification capabilities, convenient features and a modern, minimalist aesthetic, the AeroHit brings both comfort and style at home. The LG PuriCare AeroHit delivers fresher, safer air at home with its Aero Series H Filter – a multi-layer “360-degress” filtration system that effectively reduces dust particles, odors, viruses and allergens while also absorbing various airborne pollutants. In addition, its Particulate Matter (PM) 1.0 sensor detects ultrafine dust as small as…

LG has announced Donghun Lee as its new President for East Africa (EA), effective immediately. He replaces Dongwon Lee, who has led the region since January 2023. Lee (Donghun) brings over two decades of experience with LG, having most recently served as the Overseas Kitchen Division Leader at LG Headquarters in South Korea. In this role, he was responsible for developing and executing the strategy for the company’s kitchen appliances division across international markets, ensuring that LG’s global objectives were aligned with local demands. His extensive expertise in strategic planning, market and product development, and cross-cultural communication will be invaluable…

StarkWare has announced the launch of a $4 million venture fund to support blockchain startups across Africa. The fund is led by Kheireddine Kamal, a seasoned African entrepreneur and investor. Kamal has worked with several startups across the continent and brings deep experience in business development, blockchain, and seed investments to the initiative. StarkWare says the Africa investment team will focus on early-stage teams. It will particularly focus on pre-seed and seed-stage startups with projects aiming to deploy their solutions on Starknet. Early-stage startups can apply for grants of up to $150,000, with larger investments available to more advanced teams…