Absa Bank Kenya Launches ‘Change Your Story’ Campaign to Encourage Digital Banking and Card Payments
September 13, 2024
Absa Bank Kenya has launched the “Change Your Story” campaign to encourage consumers to use digital channels and card payments. The initiative is part of Absa’s larger initiative to promote financial inclusion and improve user experiences. Additionally,…
Paymob Secures $22M Series B Extension, RaisingTotal Funding to $72M as It Expands Across MENA
September 13, 2024
Paymob has announced a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst.Existing investors…
LINX Nairobi Enhances Network Performance and Peering with PAIX Collaboration
September 12, 2024
The London Internet Exchange (LINX) has announced that they will be extending their African interconnection platform to PAIX Data Centres in Nairobi, to address the rising demand from the local networking community. LINX Nairobi is a…
August 2024’s Most Wanted Malware: RansomHub Reigns Supreme While Meow Ransomware Surges
September 12, 2024
Check Point has published its Global Threat Index for August 2024. The index revealed that ransomware remains a dominant force, with RansomHub sustaining its position as the top ransomware group. This Ransomware-as-a-Service (RaaS) operation has…
Rwanda Kicks Off Construction of its Smart City Project, Kigali Innovation City
September 12, 2024
The Government of Rwanda, Africa50, and the Arab Bank for Economic Development in Africa (BADEA), have officially broken ground on the construction of the 61-hectare smart city development dubbed Kigali Innovation City. This is happening…
Liquid Expands High-Speed Fibre Connectivity Across Kenya-Uganda Corridor
September 11, 2024
Liquid Intelligent Technologies has announced the upgrade of its 1,300km fibre route connecting Mombasa to Busia on the Ugandan border, bringing additional multi-terabit capacity and additional resilience to the region. See: Liquid Intelligent Technologies Launches…
Safaricom Awarded a Payment Facilitator Certificate by Visa
September 11, 2024
Visa has awarded Safaricom a payment facilitator certificate, marking a significant milestone in its ongoing partnership with the Telco. This partnership will enhance Safaricom’s merchant ecosystem by diversifying payment acceptance modes through the introduction of…
Banking in the Eyes of the Next Generation Consumer
September 11, 2024
By Moses Muthui, Consumer Banking Director, Absa Bank Kenya Back in the early 2000s, paying my university fees meant dressing up and making a trip to the bank to deposit the money in person, and…
Understanding MediaTek Smartphone Processors
September 11, 2024
If you have used an Android smartphone over the last 10 years, you may have used one powered by a MediaTek processor. It is one of the handful smartphone processors we see on most smartphones….