Wasoko and MaxAB has announced the appointment of Mo Elshenawy, President and Chief Technology Officer of Cruise, as an Independent Board Director and Technical Advisor. Building on the platform’s recent merger, the move reinforces the combined entity’s rapid trajectory toward becoming Africa’s pre-eminent, world-class technology company operating from the continent. It also further empowers the company’s network of 450,000 informal retailers to better reach the 65 million+ communities they serve, with affordable access to essential goods and services. As one of the most prominent global leaders in artificial intelligence, Elshenawy brings a wealth of technical expertise, including leading and scaling a team of…
Author: Kaluka wanjala
Safaricom Foundation has partnered with the Ministry of Education and Vodafone Foundation to launch a Ksh 240 million programme to scale digital skills for teachers across 35 Teachers Training Colleges (TTCs) in Kenya. The programme aims to strengthen the capacity of teachers to integrate and use Information and Communications Technology (ICT) skills for effective teaching and learning. The programme was officially unveiled at Machakos Teachers Training College in a ceremony attended by the Cabinet Secretary for Education, Hon. Julius Migos Ogamba, representatives from the Teachers Service Commission (TSC), the Kenya Institute of Curriculum Development (KICD), and other key stakeholders. The…
EFT Corporation (EFTCorp) and Visa have announced a transformative five-year partnership aimed at revolutionising Africa’s digital payments landscape. This collaboration seeks to enhance financial inclusion and introduce advanced payment solutions across the continent. Fintechs across Africa are invited to join an exclusive program designed to accelerate their growth. By leveraging EFTCorp’s established platform and reach, participants will scale their operations, unlock new opportunities and drive innovation in the fintech space. According to McKinsey, 250 million Africans are expected to join the consuming class by 2030, unlocking $3 trillion in consumer spending. To support this growth Visa has committed to invest…
Network International (Network) and Ant International, have signed a Memorandum of Understanding to explore extension of innovative digital payment solutions to businesses in the Middle East and Africa, driving digital transformation and financial inclusion in the region. The ceremony was witnessed by H.E. Jamal Abdulla AlSuwaidi, the Ambassador of The United Arab Emirates to the Republic of Singapore. As part of the partnership, Network will look to leverage Alipay+ Wallet Tech solutions such as developing e-wallet capabilities to better serve its customers across MEA. Alipay+ Wallet Tech provides a full suite of e-wallet solutions, enabling customers to build e-wallet apps quickly…
Sistema.bio has acquired Inclusive Energy (IE). IE is at the forefront of digital Monitoring, Reporting and Verification (dMRV). This strategic acquisition will significantly enhance Sistema.bio’s capacity to deliver high-impact biogas solutions with improved digital MRV capabilities, benefiting small holder farmers worldwide with better service and long-term support. With this acquisition, Sistema.bio combines its position as the largest full-service biogas company with the first biogas-specific platform for dMRV, enabling the delivery of carbon emission reduction projects at scale with high-quality digital monitoring. Alex Eaton, CEO and co-founder of Sistema.bio, shared: “We have been thoroughly impressed by Inclusive Energy’s digital MRV platform, which we have…
Stanbic Bank and Mastercard have today announced the introduction of the World Elite Mastercard for the Bank’s affluent clients across the region. The World Elite Mastercard, categorized into the Stanbic World card and Stanbic World Elite card, offer affluent clients special benefits such as access to airport lounges globally via Mastercard Travel Pass, exclusive dining and travel privileges and offers, car rental and chauffeur services/ discounts, enhanced rewards and loyalty programs, premium memberships, 24/7 dedicated concierge services, comprehensive travel insurance and Mastercard Global Emergency Services. Abraham Ongenge, Head of Personal & Private Banking at Stanbic Bank Kenya said,“In a fast-moving…
Oyster Agribusiness has raised US$2 million in funding to expand its operations and deepen its impact on smallholder farmers across Ghana. This milestone was made possible through the support of Root Capital, RDF Ghana, and Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), with the fundraising process led by Pangea Africa Limited, a leading Business Development Service provider. Over the last five years, Oyster Agribusiness has played a pivotal role in transforming the livelihoods of smallholder farmers and promoting sustainable agricultural practices. The company has: This fresh capital injection will allow Oyster Agribusiness to expand its operations, reach more…
Visa has announced it is working jointly with the United States Agency for International Development (USAID) to improve access to open, secure, and inclusive digital government systems across the world. Following the recent launch of USAID’s Digital Policy, Visa and USAID will work together for five years to focus on developing programs to assist governments in creating and adopting platforms that connect their constituents with local government services. The joint work aims to promote economic development and growth in select markets by combining capabilities and expertise in digital government systems, digital payments, and support for constituents and small-and-medium enterprises. Visa…
A one-US-dollar investment in digital transformation can yield an 8.3-US-dollar return in a country’s digital economy, according to the findings of the Huawei’s Global Digitalization Index (GDI). unveiled at GITEX Dubai 2024, The new Global Digitalization Index. jointly created with the International Data Corporation (IDC) measures the maturity of a country’s ICT industry by factoring in multiple indicators for digital infrastructure, including computing, storage, cloud, and green energy. The report predicts digital technology and Artificial Intelligence (AI) will drive 70% of global economic growth over the next five years. However, Huawei warns that while some countries are pouring resources into…
A few days back, Airtel unveiled the Data ImeData campaign in Kenya. Through this campaign, the telco will offer its customers up to 50% extra data on select weekly and monthly data plans. The In a statement, Airtel said, the data ImeData Campaign addresses the growing data needs of customers, giving them more data for the same price. With Airtel’s ongoing network expansion for 4G and 5G networks across the country, users can now enjoy a faster and uninterrupted digital experience. With the new plans, users will also get free WhatsApp, ability to gift bundles to other Airtel users and…

