Author: Brand Spot

Swedfund has committed EUR 15 million to the AfricInvest Small Cap Fund, a private equity initiative focused on supporting small and medium-sized enterprises (SMEs) across Africa.SMEs are a cornerstone of economic development, driving job creation and innovation. However, many companies face significant barriers to accessing capital. This indirect investment can enable more growth-oriented investments to unlock the full potential of SMEs in Africa. “This investment will allow Swedfund to expand its support for underserved businesses across Africa. AfricInvest aligns its investments with measurable sustainability outcomes, allowing us to drive economic growth, create jobs and promote greater inclusion. At the same…

The Hedera Hashathon: Nairobi Edition has officially begun! This week-long virtual hackathon, running from March 24 to March 30, is a collaboration between Hedera Hashgraph and Kenya Tech Events. It aims to empower developers, students, and blockchain enthusiasts to build innovative solutions on the Hedera network. Why You Should Join Whether you’re a seasoned developer, a university student, or simply curious about blockchain, this hackathon provides an excellent opportunity to: Key Dates You can sign up now: http://lu.ma/c6j2cjwx Also Read: Blink Takes Top Prize at TBD Hackathon

Binance recently hosted a community event in Kenya, bringing together key industry stakeholders, regulators, and crypto enthusiasts. The event was attended by Eng. John Tanui, the Principal Secretary in the Ministry of Information, Communications, and the Digital Economy, as well as Rachel Conlan, Binance’s Chief Marketing Officer joined to engage with the local community and highlight Binance’s commitment to Kenya’s digital economy. Speaking at the event, Eng. John Tanui emphasized Kenya’s growing role in the global digital economy and the importance of supporting innovation in Crypto as well as AI: “Two major global things that are attracting attention today are…

Businesses looking to simplify and optimize their technology investments can now leverage NTT DATA’s expertise as a Global Managed Service Provider (MSP) for SAP. By joining the SAP PartnerEdge program, Run Track, NTT DATA brings fully managed cloud solutions from SAP—including RISE with SAP, GROW with SAP, and SAP Business AI—to clients worldwide as a one-stop service package. This means companies can offload the complexities of managing and maintaining SAP solutions while benefiting from expert support, cost efficiency, and seamless innovation. With digital transformation becoming a priority for businesses of all sizes, 69% of tech leaders worldwide express concerns about…

Huawei participated in Safaricom Decode 3.0, a premier career and networking event that brought together industry leaders, students, and aspiring professionals to bridge the gap between academia and the job market. The event, designed to equip young talent with the skills and opportunities needed to thrive in the digital economy, featured insightful discussions, mentorship sessions, and networking opportunities designed to bridge the gap between academia and the job market. Michael Kamau, Head of Huawei ICT Academy, was among the key speakers, sharing insights on mentorship and career growth. He highlighted Huawei’s commitment to nurturing young talent through initiatives like the…

As mobile gaming continues to shape the way people entertain themselves, eSports has emerged as one of the hottest trends of the new generation. Representing the energy of users worldwide, the Reno series consistently adapts to meet users’ evolving needs. With the Reno13 series, gaming capabilities have been significantly upgraded, making it a great companion for mobile gamers. Hardware and System Optimization for a Super-Smooth Gaming Experience For gamers, smooth performance is key, but delivering consistently smooth gameplay on a smartphone is no easy task. Reno13 series achieves this by combining hardware advancements, game experience focus design, and deep system-level…

Standard Chartered Bank Kenya has today released its results for the year ended 31 December 2024.  Kariuki Ngari, Managing Director and Chief Executive Officer, said: “We delivered a record performance in 2024 with profit before tax up 43 per cent driven by strong topline growth, good business momentum and excellent execution of our strategy of combining differentiated cross-border capabilities for corporate and institutional clients with leading wealth management solutions for affluent clients. We managed our costs well delivering significant positive income-to-cost jaws of 13 per cent”. Summary financial performance The balance sheet remains strong, highly liquid and well capitalised; Dividend …

NCBA Bank has partnered with Edu Hub, a university placement service provider, to support the financing needs of local customers pursuing studies abroad, as well as Kenyan diaspora customers seeking education opportunities in Kenya or overseas.  With the partnership, NCBA will be providing financial solutions like education loans designed specifically to finance tuition fees and other educational expenses. They will come in the form of personal unsecured and secured loans for customers who want to unlock the value of their assets to finance education. Speaking at the signing ceremony, NCBA Ag. Group Director, Retail Banking Dennis Njau said, “As a…

Vertiv has announced that it is collaborating with Oxigen, a leader in data hosting, processing and distribution services, to design and implement the company’s largest data centre. Vertiv’s power and thermal solutions deliver scalability and energy efficiency and its services provide comprehensive support, helping to position Oxigen as a benchmark for high-performance data centres in Spain. Oxigen’s second and largest, data centre, situated in Sant Cugat del Vallès, boasts an impressive 6,000m² (64,583 feet) of space – including a 3,000m² (32,292 feet) operations clean room – and has the capacity for up to 800 racks with multiple power and customisation…

Dubai Festivals and Retail Establishment (DFRE) has announced that the Dubai Esports and Games Festival (DEF) will take place from 25 April to 11 May. The fourth edition will feature a diverse programme of entertainment, competitions, and industry events, further reinforcing Dubai’s position as a global gaming hub. Key highlights of the upcoming edition include meet-and-greet sessions with top stars, world-first game showings, and the return of popular experiences such as the GameExpo, GameExpo Summit, Dubai Cosplay Championship, and Play Beyond. The festival will also feature citywide tournaments, education challenges, and interactive experiences catering to gaming enthusiasts of all ages.…