Author: Kaluka wanjala

Supermicro has appointed Exclusive Networks Africa as a distributor for the African region. This partnership is aimed at expanding Supermicro’s footprint across the continent, leveraging Exclusive Networks Africa’s extensive regional presence to meet growing market demands. Africa represents a significant growth opportunity for Supermicro, according to Wynand Möller, Regional Manager – Sub-Saharan Africa at Supermicro. “The African market is marked by its rapid adoption of cutting-edge technology, largely due to a reduced dependence on legacy infrastructure. Exclusive Networks Africa’s strong presence across East and West Africa, the Southern African Development Community (SADC) and the Indian Ocean Islands makes it an…

Circle Internet Group and Binance have joined forces in a new strategic partnership announced at Abu Dhabi Finance Week that will expand adoption of USDC and support the development of the global digital assets and broader financial services ecosystem. With the growth and worldwide adoption of USDC as one of the most powerful utilities for money on the internet, this collaboration brings together a trusted and compliant digital dollar with the largest platform in the world for using digital assets.  Through the partnership, Binance will make USDC more extensively available across their full suite of products and services, ensuring that…

A few weeks back, we informed you about Safaricom’s new Money Market Fund (MMF), Ziidi. At that time, the fund had just been approved by the Capital Markets Authority (CMA). The regulator said Ziidi Money Market Fund has been approved as a Collective Investment Scheme (CIS). When the announcement was made, you could not sign up to use the service and there was no information of when the service would be available. The existence of Mali, another MMF from Safaricom further complicated things and since Safaricom didn’t officially say anything about it, we just weren’t sure about the way forward.…

Qualcomm has announced the completion of the second year of its Make in Africa Startup Mentorship Program, culminating in the Make in Africa Finale 2024. This platform continues to showcase the energy and innovation emerging from the African technology scene, demonstrating Qualcomm’s commitment to supporting startups as part of the broader Qualcomm Africa Innovation Platform. Now in its second year, this program has successfully guided early-stage technology startups by providing mentorship, business coaching, engineering consultation, and IP protection advice. This year’s Make in Africa finalists, from six African nations, are tackling real-world challenges across healthcare, agriculture, cutting-edge AI and industrial…

Kenya is on the cusp of a Generative AI (GenAI) transformation as business leaders express optimism about its potential to reshape industries and drive innovation in the country and in the East African region. However, significant challenges such as legacy infrastructure, skills shortages, and regulatory gaps must be addressed to fully harness the benefits of this groundbreaking technology. Speaking at the NTT DATA Clients Innovation Day in Nairobi, Chris Wiggett, Head of Artificial Intelligence (AI), Data, and Analytics at NTT DATA in the Middle East and Africa, stressed the importance of a holistic approach to addressing these challenges noting that…

Hisense has been named as the top player in the global premium TV market with its 100-inch TV in Q3 2024, according to leading international market research institute Omdia. This achievement marks Hisense’s fourth consecutive quarter at the forefront of the market. The GCC market, renowned for its preference of immersive entertainment, is experiencing a surge in demand for large-screen televisions. This trend emphasises the region’s growing appetite for advanced features, stunning visuals, and exceptional home viewing experiences. In Q3 2024, Hisense’s 100-inch TVs captured a remarkable 63.4% share of the global shipment volume. This outstanding performance has propelled Hisense…

Co-op Bank has today unveiled its Visa Business Cards in Kenya. The cards are targeting Medium and Small Business Enterprises, Cooperative Societies and Corporate Institutions. Co-op Bank will have three different cards, Debit Card, a Credit Card and a Pre-paid Business Cards. The Co-op Visa business cards can be used both locally and internationally. They allow customers to separate business expenses from personal expenses, make payments directly from their business account, access interest-free credit to manage cash flow, digitize and track office and travel expenses. These cards are available to current Co-op Bank customers as well as non-customers and can…

Jiji has won two major awards at two prestigious events. The company was named Best E-Commerce Platform at the 2024 Digitally Fit Awards – East Africa Edition, and Best Online Classified/Resale Marketplace App at the 4th Mobile App Awards 2024. The Digitally Fit Awards ceremony took place at the Safari Park Hotel in Nairobi, where Jiji’s Chief Financial Officer, Donald Obonyo, accepted the Best E-Commerce Platform award on behalf of the company.Donald expressed his gratitude and pride in the achievement, “We’re excited to be recognized as the Best E-Commerce Platform in East Africa. This award highlights the hard work and…

Airtel Kenya has announced the opening of its revamped, bigger, and better equipped Tivoli customer care shop in Kisumu City. This development marks another milestone in the company’s brand promise to continually enhance convenience by bringing services closer to its customers. The shop, located at Tivoli centre, Kisumu City, will serve as the main Airtel customer care touch point in Kisumu City, catering to the needs of the growing number of Airtel customers in the city and its environs. This year, Airtel has been on an aggressive expansion drive of not only its network, but also its distribution and customer…

Kenya’s financial services sector is in constant flux thanks to the adoption of new technologies and state-of-the-art consumer and business solutions. The era of cloud computing marks a turning point in terms of digital and computational capabilities, enabling both legacy institutions and fledgling start-ups to innovate and align their strategies to a digitally oriented market. Fintech revenue in Africa leads the rest of the world, with predictions that the market will be worth around $65 billion by 2030. Kenya is one of the countries propelling that growth, but it can only continue to do so with strategic planning and digital…