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…
Thndr Raises $15.7M to Expand Investment Platform Across MENA
May 23, 2025
Thndr has raised an additional $15.7 million, bringing its total current capital to $37.76 million. The round was led by Prosus Ventures, with participation from BECO Capital, JIMCO Capital, Endeavor Catalyst, Y Combinator, and a…
Red Hat and Oracle Extend Collaboration to Accelerate Hybrid Cloud Transformation
May 23, 2025
Red Hat and Oracle have announced an expanded collaboration to break down barriers to hybrid cloud adoption. This latest joint effort delivers a more consistent, cloud-native foundation that is critical for next-generation workloads including AI…
Uganda Launches Shared Network Model to Deliver Internet-for-All
May 23, 2025
Uganda has rolled out its first collaborative, shared-infrastructure broadband network. This is designed to bring fast, secure, and inclusive internet access to every corner of the country. This initiative is the product of a partnership…
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…
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…