NTT DATA has appointed Thembeka Ngugi as the Head of Marketing and Demand Generation for its Middle East and Africa operations. With this strategic move, NTT DATA aims to continue accelerating its business growth across the region.
Kenya is set to welcome a series of prestigious international meetings, solidifying its status as a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE). The Cabinet, chaired by President William Ruto, has approved the hosting of the Blueinvest Africa Forum in July 2024 and the World Congress of the International Union of Forest Research Organization (IUFRO) in August 2024.
Visa has announced a strategic partnership with ThriveAgric to support their expansion into Kenya, aimed at transforming the payments landscape for smallholder farmers. ThriveAgric, the global winner of Visa’s 2022 Everywhere Initiative, will establish local hubs in five counties: Busia, Homabay, Migori, Nandi, and Narok, with initial centers in Homabay and Busia. These hubs will serve as learning centers and distribution points for farm inputs, benefiting up to 10,000 farmers.
After an extended period of negotiations, Kenya has finally reached a staff level agreement with the International Monetary Fund (IMF), paving the way for the disbursement of USD 976 million (Ksh.126.2 billion). This agreement is part of Kenya’s Extended Fund Facility and Extended Credit Facility arrangements, crucial for the country’s economic reform agenda.
Airtel Kenya has unveiled its revolutionary Unlimited Home Broadband 5G Data Plans, tailored to meet the diverse needs of both consumers and businesses. These innovative plans aim to transform the digital experience for Kenyans, offering seamless and uninterrupted connectivity in the digital age.
Africinvest has successfully acquired a 10.13% stake in I&M Group, totaling 167.53 million shares, from British International Investment (BII). This strategic purchase, valued at Sh6.5 billion, represents a significant premium over the current valuation of the shares at the Nairobi Securities Exchange (NSE).
Ecobank, the pan-African banking leader, is excited to announce that submissions are now open for the seventh edition of its prestigious Fintech Challenge. This annual competition invites both early-stage and mature fintech businesses to partner with Ecobank for the chance to scale their solutions across 35 African countries.
