Author: Kaluka wanjala

Sophos and Secureworks have announced a definitive agreement for Sophos to acquire Secureworks. The all-cash transaction is valued at approximately $859 million. Sophos is backed by Thoma Bravo, a leading software investment firm. Sophos’ experience and reputation as a leading provider of managed security services and end-to-end security products, combined with Secureworks’ security operations expertise transformed into the Taegis™ platform, is expected to further deliver complementary advanced MDR and XDR solutions for the benefit of their global customer bases. Together, they will help strengthen the resilience and security posture of global organizations of any size with a combination of security…

Madica has announced its investment in Earthbond, a climate tech startup serving Nigerian SMEs via an integrated clean energy marketplace. Following the investment, Earthbond will participate in Madica’s comprehensive investment program which includes 18 months of dedicated company-building support.  Launched in 2022 and affiliated with Flourish Ventures, a global Fintech venture capital firm with purpose, Madica provides investment funding of up to $200,000 and delivers support to portfolio companies through a highly personalised startup curriculum, hands-on mentorship, and fully-funded week-long founder immersion trips. Selected startups also stand to gain executive coaching opportunities, and access to Madica’s global network of investors for…

tappi has announced a nw partnership with M-Pesa that will see over 650,000 Kenyan MSMEs access innovative digital solutions to improve their online credibility and visibility. tappi is an end-to-end digital commerce SaaS solution tmade for Africa’s micro, small and medium-sized businesses (MSMEs), With this partnership, tappi becomes one of the first mini apps to feature on M-Pesa For Business. The startup plans to offer a subsidized package equipping M-Pesa merchants to build their online presence, capture verified reviews and strengthen engagement with their customer base. tappi will be offering its services for Ksh 1,350 giving merchants access to a…

A fake token attack is a type of cryptocurrency scam where malicious actors create counterfeit or fraudulent tokens that mimic legitimate cryptocurrencies. These fake tokens are designed to deceive investors and traders into believing they are purchasing or trading a genuine asset, often leading to financial losses or other negative consequences such as identity theft. How Scammers Use Fake Tokens Real tokens and fake ones mimicking them can exist on the same blockchain but with different smart contract addresses, or on different blockchains. Fake tokens can be used in a variety of fraudulent schemes. Initial Coin Offerings (ICOs) and Token…

IZI has today announced significant milestones in its mission to electrify Rwanda’s public transport sector. In just four months of operation, IZI’s initial fleet of five electric buses has demonstrated remarkable success. The buses have travelled over 74,000 electric kilometres, carried more than 250,000 passengers, saved operators 38% in running costs ($34,000 saved in diesel costs alone), and mitigated over 60 tonnes of CO2 emissions. This impact data is tracked in near real-time via the IZI Connect platform, providing unprecedented transparency to client fleet operators and investors. Alex Wilson, CEO of IZI, stated, “These results validate our E-Mobility-as-a-Service model. We’re…

Airtel TV Services has officially been discontinued. The telco announced this a few days back saying the service is no longer available as it was discontinued on 30th September 2024. “We wish to inform all Airtel Networks Kenya Limited customers that Airtel TV services were discontinued on 30th September 2024,” the company said in a statement. “Access to TV channels and content will no longer be available.” The app was launched back in 2020 allowing Airtel subscribers to watch shows and movies on their phones. The service was supposed to offer a wide range of content from Movies, Drama, Documentaries,…

Vertiv has announced that it is releasing a complete 7MW reference architecture of the NVIDIA GB200 NVL72 platform, co-developed with NVIDIA, that will enable customers to transform traditional data centre architectures into AI factories capable of powering AI applications across the enterprise. The reference architecture will accelerate the deployment of the NVIDIA GB200 NVL72 liquid-cooled rack-scale platform and supports up to 132kW per rack. The architecture takes an end-to-end approach to infrastructure design to optimise deployment speed, performance, resiliency, cost, energy efficiency and scalability for current- and future-generation data centres. “We are proud to deepen our collaboration with NVIDIA to enable AI-driven data centres of…

M-Pesa Fuliza, for those who don’t know, is an overdraft facility for M-Pesa users in Kenya. Fuliza was first released back in 2019 and is not a loan facility but an overdraft facility. There are charges associated with using Fuliza and the exact amount varies depending on the amount. You can get any amount between Ksh 1- 70,000. With Fuliza, you can complete M-Pesa transactions even when you have insufficient funds in your account. Most of us have been in that situation where you want to buy or pay for something only to realize you don’t have enough in your…

Infinix is set to launch its thinnest smartphone yet later this month. This phone, the Infinix Hot 50 Pro+, is set to be the slimmest smartphone with a curved display in Kenya at just 6.88mm thick. Getting a phone to be this slim is impressive and quite hard to accomplish. The launch of the Hot 50 Pro+ comes a few weeks after the launch of yet another smartphone from the company, the Infinix Hot 50i. As the name suggests, the Hot 50 Pro+ comes with more advanced specs and should be a bit more expensive than the Hot 50i which…

Octavia Carbon, a Kenyan direct air capture (DAC) company, has successfully raised $5 million in seed funding to advance its innovative direct air capture (DAC) technology, which aims to remove carbon dioxide (CO2) from the atmosphere using geothermal resources, particularly waste heat. The technology permanently stores CO2 in geological formations, setting it apart from traditional carbon capture methods, which focus on emissions at their source. Founded in 2022, Octavia Carbon is building and deploying DAC machines in Kenya, positioning the country to become the most cost-effective hub for CO2 removal by 2025. The company’s pilot project, known as Project Hummingbird,…