Kenya’s dynamic economy, strategic location as East Africa’s business hub, and growing middle class present exceptional opportunities for entrepreneurs seeking to establish profitable ventures. Based on market analysis and current trends, five business sectors emerge as particularly promising for new entrepreneurs: tour operations, car dealerships, real estate agencies, e-commerce platforms, and agriculture-focused enterprises. These sectors benefit from Kenya’s robust infrastructure, English-speaking workforce, and position as a regional logistics and finance center, while addressing both domestic demand and export potential. The tourism industry capitalizes on Kenya’s world-renowned wildlife and natural attractions, the automotive sector serves a growing vehicle market with a…
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Neeraj Pradhan, Acting Chief Executive Officer, Liquid Kenya Africa’s tech ecosystem is brimming with opportunities. Stakeholders in the continent’s digital future need to commit to the investments that will realise this potential. Experts predict that universal, affordable, and good-quality broadband internet access in Africa by 2030 is possible. They also say that nearly 1.1 billion new unique users must be connected to make this happen, at an estimated cost of US$100 billion. It’s clear that a significant investment is needed to bridge the continent’s digital divide. Africa is ready for the digital future Africa’s young, tech-hungry population, the availability of…
AI-fueled attacks and hyperconnected IT environments have made threat exposure one of the most urgent cybersecurity challenges facing enterprises today. In response, Check Point Software Technologies has announced a definitive agreement to acquire Veriti Cybersecurity, the first fully automated, multi-vendor pre-emptive threat exposure and mitigation platform. “The acquisition of Veriti marks a significant step toward realising our hybrid mesh security vision,” said Nadav Zafrir, CEO at Check Point Software Technologies. “It strengthens the Infinity Platform’s open-garden approach, enabling seamless, multi-vendor remediation across the entire security stack. With Veriti, we’re advancing preemptive, prevention-first security – an imperative in today’s AI-driven threat landscape.”…
DStv has been named the Most Admired African Media Brand in the 2025 edition of the Brand Africa 100 | Africa’s Best Brands rankings. DStv has also been inducted into the Brand Africa Hall of Fame. Founded in 1995, DStv has grown from a digital satellite pioneer into a central player in Africa’s media evolution. Over three decades, the platform has championed local content creation, invested in African talent, and transformed storytelling on the continent building a reputation as both a cultural driver and technological innovator. “This honour reflects the incredible journey we’ve taken with our audiences across Africa,” said…
straitPay has completed its pre-seed funding round, raising approximately £1 million. The new investment will accelerate straitPay’s mission to enhance financial connectivity throughout Africa and its diaspora whilst expanding into new markets. The funding round was led by a family office known for its investments in Eastern European fintech ventures. This significant milestone reflects investors’ confidence in straitPay’s innovative solutions to address the financial challenges faced by individuals, SMEs, and investors across Africa and beyond. In just its early stages, straitPay has demonstrated a remarkable impact across African financial ecosystems. With 57% of Africa’s 1.48 billion population remaining unbanked, straitPay’s…
Microsoft has announced the launch of its Advancing Regional Cybersecurity (ARC) Initiative, a new effort aimed at boosting regional preparedness, resilience, and coordination in the face of increased cyber threats. The announcement was made at the second Global Conference on Cyber Capacity Building (GC3B) held in Geneva, Switzerland. The initiative kicks off with a flagship partnership with Kenya’s National Computer and Cybercrime Coordination Committee (NC4), a move that underscores the importance of multistakeholder collaboration in the digital era. “In today’s digital age, no nation can tackle cyber threats alone. Our partnership with NC4 reflects Microsoft’s belief in building strong, local…
Bolt has concluded its first Accelerator Program in South Africa, awarding €20,000 (over R400,000) in funding to ten standout participants. The initiative marks a significant step in the company’s efforts to support entrepreneurial growth within its driver and courier community. Launched in December 2024 in partnership with business academy Pranary, the program attracted over 578 applications nationwide, with Gauteng submitting the highest number. Women made up 7% of the applicant pool, an encouraging signal in a traditionally male-dominated industry. “When we empower everyday entrepreneurs with the tools to build, we don’t just ignite businesses, we transform communities and shape the future…
By Christopher Saul, Territory Sales Lead for East Africa at Red Hat Around the world, many AI discussions are driven by business leaders who don’t have full oversight over their IT teams, which can lead to said teams facing intense pressure to deliver. Enterprise AI adoption in East Africa depends not only on a willingness to explore this new technological frontier, but also on the necessary infrastructure, access to resources and existing capabilities to actually do so. The truth is that this is not always the case, especially when AI adoption differs significantly from cloud adoption, even though the latter…
National Bank of Kenya (NBK) has posted a KShs 275 million profit after tax for Q1 2025. The bank’s Managing Director, George Odhiambo, said the results reflect NBK’s resilience amid macroeconomic headwinds, especially given the decline in non-interest income and a reduced loan book. “The performance for this first quarter demonstrates the bank’s continued resilience in the face of economic uncertainties. We have maintained stability in our core interest income and managed our costs effectively, despite a dip in non-funded income and a reduction in the loan book size. We remain focused on executing our strategic priorities, deepening customer relationships,…
NTT DATA has announced the appointment of Asokan Moodley as Head of GenAI and Industry Advisory for Middle East and Africa (MEA), effective 1 May, 2025. In this role, Moodley will spearhead NTT DATA’s artificial intelligence initiatives across the MEA region, focusing on client-facing offerings, AI-driven delivery, thought leadership, and enterprise-wide skilling. Additionally, he will serve as an industry advisor for vertical client engagements, focusing on the financial services industry and public sector. “We are delighted to welcome Asokan to the NTT DATA team,” said Alan Turnley-Jones, CEO of NTT DATA for Middle East and Africa. “His extensive experience in…