Huawei Hosts Cloud & Connect Summit 2025 in Nairobi
May 23, 2025
Huawei Technologies successfully hosted the Huawei Cloud & Connect Summit Kenya 2025 on May 16 in Nairobi, convening over 600 government leaders, industry experts, technology partners, and customers to explore best practices and shared visions…
Sophos to Launch UAE-Based Data Center
May 23, 2025
Sophos has announced that it plans to open a new data center in the United Arab Emirates (UAE) by the end of the year. This will see the company deepen its regional investment to with…
Standard Chartered Launches ‘Women in Cyber’ Programme to Bridge Cybersecurity Talent Gap
May 22, 2025
Standard Chartered has unveiled its “Women in Cyber” Mentorship Programme. This is a hybrid mentorship and training platform aimed at developing a new generation of female cybersecurity leaders in Kenya, Uganda, and Tanzania. If you…
ARC Ride Secures $5 Million Investment from BII
May 22, 2025
ARC Ride has secured a $5 million investment from British International Investment (BII). The investment wil be used to deploy of 5,000 electric two-wheelers (E2Ws) and significantly scale up battery-swapping infrastructure across East Africa. Note:…
NCBA Group Posts KSh 5.5 Billion Q1 Profit
May 22, 2025
NCBA has reported a profit after tax of KSh 5.5 billion in its Q1 of 2025. This is a 3% growth year-on-year from Q1 2024 when it reported KSh 5.3 billion profit after tax. These…
Choice Microfinance Rebrands to Choice Bank
May 22, 2025
Choice Microfinance Bank has officially rebranded to Choice Bank and unveiled a fully digital, purpose-driven banking model. The announcement came during a vibrant celebration in Nairobi to mark the institution’s 10-year anniversary since its licensing…
These Are the VC Firms Ready to Back African Startups in 2025
May 22, 2025
Despite a more cautious global venture capital environment, the African startup ecosystem is proving it still has momentum and value. Over the last 12 months, a number of new VC firms and funds have raised…
KCB Group Records KShs. 16.5B Profit in Q1 2025
May 22, 2025
KCB has reported a solid start to 2025, posting a KShs. 16.53 billion profit after tax for the first quarter ending March 31. This is a marginal uptick from last year’s KShs. 16.48 billion. The…
Safaricom Unveils Revamped Business Credit Solutions for MSMEs
May 21, 2025
Safaricom has today unveiled revamped business credit solutions, including Fuliza Biashara, Taasi Till, and Taasi Pochi. The telco is doubling down on its commitment to financial inclusion and easing the credit crunch faced by thousands…