Infinix has officially unveiled the new NOTE 30 Series in Kenya. This series is made up of the NOTE 30 Pro, NOTE 30 VIP, and NOTE 30. This latest offering from Infinix features the brand’s hallmark charging capabilities, with an improved All-Round Fast Charge solution that can reach up to 68W wired and 15W wirelessly. In addition, the NOTE 30 Series boasts a smooth and responsive 120Hz refresh rate display and an ultra-clear triple camera system with lenses up to 108MP. Furthermore, Infinix has partnered with JBL for upgraded tuned sound, and created Ultra Powerful Signal technology, offering users incredible…
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Brand Spot
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By Dong Won Lee Artificial Intelligence (AI), once the preserve of science fiction, is now an integral aspect of everyday life. Despite concerns that the uncontrolled evolution of AI could adversely impact society, this game-changing innovation can vastly transform human life if wisely utilized. Indeed, AI is already changing how we live, work and socialize. Think of a television that automatically switches to your favorite channel when you enter the living room or a refrigerator that alerts you to replenish groceries before they run out. A dishwashing machine that adjusts water consumption to the load volume. These are a few…
By Patrick Ndegwa, Business Sales Lead for SEACOM East Africa Kenyan businesses are migrating to the cloud en masse. According to the Cloud in Africa 2023 report by World Wide Worx, 84% of organisations in the country increased their spending on cloud services in 2022. This increase was attributed to the increase of cloud platforms available in the country along with an uptick in the number of data centres; the latter demonstrated by the construction of new data centres at the cost of tens of millions of US dollars, and a market revenue outlook of $100 million by 2027. While…
IBM has unveiled its latest AI and data platform, Watsonx, designed to enable enterprises to leverage advanced AI capabilities with trusted data at scale. As businesses increasingly turn to AI, they require a comprehensive technology stack that allows them to train, fine-tune, and deploy AI models across their organization, ensuring speed, governance, and compatibility with any cloud environment. Watsonx offers a range of features and products to empower businesses in their AI journey. The platform includes an AI development studio, a data store, and an AI governance toolkit. These components work together seamlessly, providing an end-to-end AI workflow that facilitates…
In an exciting development for the blockchain industry, Centbee has announced a strategic partnership with nChain, a world leader in Web3 and Blockchain technologies. This collaboration aims to enhance Centbee’s blockchain payment technology offerings and solidify its position in the market. Centbee’s technical team will be supplemented by nChain’s specialist software development team, renowned for their expertise in the BSV blockchain and other related services. This partnership will bring significant benefits to Centbee, as they leverage nChain’s deep experience and knowledge of BSV blockchain technology. Lorien Gamaroff, the CEO of Centbee, expressed his enthusiasm for the collaboration, stating, “We are…
In a significant development for Kenya’s banking sector, the KCB Group Plc Board has elected FCS Dr. Joseph Kinyua, EGH, as the new Chairman of the Group Board, effective from May 26, 2023. This decision comes after Dr. Kinyua’s appointment to the Board of KCB Group in March 2023. He will be taking over the position of Group Chairman from Mr. Andrew Wambari Kairu, who is retiring after serving as Group Chairman for a five-year term in accordance with the Board Charter. Dr. Joseph Kinyua brings with him an impressive career spanning over four decades in public service, boasting extensive…
In a significant development for KCB Group Plc, shareholders have approved a final dividend payout of KShs. 3.2 billion for the 2022 financial year, marking a sustained commitment to rewarding investors. This dividend, coupled with the interim dividend declared at the end of last year, brings the total payout for the year to an impressive KShs. 6.4 billion. The approval of the dividend payment reflects the Group’s robust financial performance, with a notable 20% rise in profits net of all expenses, provisions, and taxes to KShs. 40.8 billion. KCB Group has pursued an ambitious investment strategy aimed at achieving long-term…
MFS Africa has emerged as the recipient of the coveted Fintech of the Year award at the prestigious African Banker Awards ceremony held yesterday, in Sharm El Sheikh, Egypt. This remarkable achievement highlights the company’s exceptional role in revolutionizing the fintech industry across Africa and beyond, particularly through its innovative payment solutions that bridge the gap between nations for millions of Africans. The Fintech of the Year accolade serves as a testament to MFS Africa’s unwavering commitment to reshaping the financial landscape of Africa. The company’s network of networks effectively connects mobile money providers, banks, fintech firms, money transfer operators,…
Tyme, the rapidly growing digital banking group, has announced a successful capital raise of $77.8 million from investors Norrsken22 and Blue Earth Capital. This pre-Series C funding round will fuel the company’s global expansion efforts. TymeBank, the South African flagship of Tyme, recently achieved a significant milestone by reaching 7 million customers. Norrsken22, an African-focused tech growth fund, and Blue Earth Capital, an independent global impact investment firm, have joined Tyme as shareholders in this funding round. Tencent, an existing shareholder, has also increased its shareholding and now stands as Tyme’s third largest shareholder. The raised funds will be allocated…
Instagram recently organized an engaging event called “Drip in the City” in collaboration with the Nairobi City County’s Nairobi Festival. This vibrant event took place this past weekend, on Nairobi’s City Hall Way, bringing together young people passionate about fashion and street photography. The event aimed to provide a content capture experience, fostering creativity, community, and self-expression among the youth of Nairobi. With Instagram’s presence, the event encouraged young Kenyans to showcase their authentic selves through various Instagram features such as Reels, Stories, Feed, Live, and more. “Nairobi streets on Sundays dotted with smartly dressed young people and photographers taking…