Author: Kaluka wanjala

Ecobank has announced Daba Finance, the Ivorian Fintech, as the Grand Winner of its flasghip Ecobank Fintech Challenge 2024. Twelve (12) innovative fintech startups competed to impress the esteemed panel of five judges for the US$50,000 prize. The judges, comprised of renowned industry experts, evaluated the finalists based on criteria such as innovation, market potential, scalability and team strength. After fierce competition, Daba Finance takes home US$50,000 with its solution to make investing accessible to everyone by offering a one-stop investment platform for trading stocks, bonds, and other financial products. BOUM III JR, CEOofDaba Finance, expressed immense gratitude for the opportunity and the…

Samsung has officially unveiled the Galaxy Z Flip 6, its latest entry in the popular foldable phone series. While the changes this time around might not be revolutionary, the Flip 6 brings some subtle yet significant improvements over its predecessor, the Galaxy Z Flip 5. From a more powerful camera system to a sleeker design and better performance, Samsung has clearly refined the user experience with this model. you can get the Flip 6 in Kenya starting from Ksh 148,000. Samsung Galaxy Z Flip6 Specifications Also Read: Samsung Galaxy Z Flip 6 specifications and Price in Kenya Key Upgrades in…

Infinix has today unveiled its latest smartphone, the Hot 50i in Kenya. The phone is on pre-order till September 30th when it will be available in retail stores for Ksh 13,699. At this price, this phone is a direct competitor to the Redmi 14C which has also been launched in Kenya today and is retailing at Ksh 13,699 as well. The Hot 50i is the successor to the Hot 40 series from last year. It comes with the new MediaTek Helio G81 processor which promises better performance and power management. The Infinix Hot 50i also comes with an upgraded design…

M-KOPA has announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers have come onboard in the past 15 months.  M-KOPA’s model makes affordable smartphones embedded with financial services available to ‘Every Day Earners’: the wide majority of African adults who earn their income daily but struggle to afford smartphones and typically fail to qualify for conventional financial services. According to the World Bank, 75% of adults in sub-Saharan Africa remain financially excluded. To date, M-KOPA has supported its customer base with more than US $1.5 billion in financing.…

Xiaomi Kenya has officially launched the Redmi 14C in the country. The company has also introduced an unbeatable offer for early buyers with the launch. Customers who purchase the Redmi 14C during the first week of sales will receive a free Redmi Buds 6 Play. These are the latest wireless earbuds that offer premium sound and convenience. With this launch, Xiaomi solidifies its position as the second-largest smartphone brand in the world, surpassing Apple. This achievement reflects the brand’s commitment to innovation and quality, as evidenced by the recent success of the Redmi 13C, which ranked top among the Top…

Airtel Money and KCB Bank have announced a new interoperability partnership that will make it easier for Airtel Money to make payments directly to any KCB Merchant through Lipa Na KCB. KCB Bank Kenya Managing Director, Mrs. Annastacia Kimtai said this move is part of the Bank’s promise anchored on creating an efficient payments ecosystem that will be instrumental in accelerating financial inclusion through a new model centered on low-value, high-volume transactions. “Reaching critical mass will require mobile money ecosystems to become more dynamic and productive and such a move will enable us to scale our offering while giving customers…

Safaricom has secured another Ksh 15 billion Sustainability Linked Loan, bringing the total loan facility to Ksh 30 billion having announced the closure of a similar amount last year. The loan facility, which is the largest in the East African region, is set to advance Safaricom’s Environmental, Social and Governance agenda (ESG). The funding has been provided by a consortium of four banks consisting of KCB, ABSA, Standard Chartered and Stanbic which will scale up its strategic sustainable investments. “This deal helps to accelerate the advancement of our sustainability agenda. It is a testament that we have achieved the targets…

Raxio Group has inaugurated its state-of-the-art data centre in Abidjan, Ivory Coast, Raxio Côte d’Ivoire (CIV1). Marking the fifth data centre launch in its current portfolio and the company’s third consecutive launch this year alone, with Tier III accreditation by international industry body the Uptime Institute, Raxio aims to play a pivotal role in the country’s digital growth. The data centre which will be known as CIV1 is the country’s first Tier III certified carrier-neutral and cloud-neutral facility and its presence in the fastest growing economy in francophone West Africa will drive appetite for data consumption and local content by all digital users. The facility is fully equipped with…

Yesterday, Safaricom introduced a 1Gbps internet package in Kenya for its Home internet service. One of the questions I got was, who really needs such speeds and is it really necessary? So I thought, what does this kind of speeds really mean? How Fast Is 1Gbps Internet? To put things into perspective, 1Gbps is the equivalent of 1,000 megabits per second (Mbps). With such speeds, you can download a 1GB file in just about 8 seconds. The same file will take 14 minutes to download on a 10Mbps connection. 1Gbps thus offers a near-instant experience whether you are streaming or…

OPPO has today announced the opening of its new exclusive brand store at Sarit Centre, Nairobi. This expansion marks a significant milestone for OPPO in Kenya. The opening of the Sarit Centre store coincides with the launch of OPPO A3 series. The series, comprising the OPPO A3 and OPPO A3x, designed to cater to the needs of consumers who seek style, performance, and value, these new devices offer a range of features that elevate the everyday smartphone experience. The A3 Series phones start at Ksh 14,999. “We are thrilled to expand our presence in Kenya with the opening of our new…