July 12, 2024 – Hakuna Matata Media

Samsung Launches First Smart Ring Among Tech Giants

2 years ago2 years ago04 mins

Samsung has unveiled its latest innovation, the Galaxy Ring, at the Galaxy Unpacked event, marking its entry into the smart ring market. Positioned as a health and fitness-focused wearable, the Galaxy Ring integrates advanced artificial intelligence to offer 24/7 health monitoring capabilities, including tracking heart rate, sleep patterns, and menstrual cycles. This move underscores Samsung’s commitment to expanding its ecosystem with cutting-edge AI-powered devices.

MOGO Invests Sh1bn in Financing Electric Vehicles

2 years ago2 years ago03 mins

Fintech company MOGO has made a significant investment of Sh1 billion from the US International Development Corporation to promote electric vehicle (EV) adoption in Kenya. The initiative focuses on financing e-bikes and three-wheelers at affordable interest rates, aimed at making various EV brands accessible across Nairobi and beyond.

Samsung Launches 6th Gen Foldables Featuring Galaxy AI

2 years ago2 years ago04 mins

Samsung Electronics has unveiled its latest innovations at the Galaxy Unpacked event in Paris, introducing the Galaxy Z Fold6 and Galaxy Z Flip6 alongside the Galaxy Buds3 and Galaxy Buds3 Pro. These new foldable devices mark a significant leap forward in mobile AI technology, building upon Samsung’s earlier advancements in the field.

IFC Broadens Remittance Partnership with TerraPay

2 years ago2 years ago03 mins

In a significant move to enhance access to affordable remittances across Africa, the International Finance Corporation (IFC) has unveiled a substantial $75 million financing package for TerraPay, a leading digital payments service focused on the continent. The financing comprises a $30 million loan from IFC’s own account, a $15 million B Loan from ILX under IFC’s B Loan Program, and a parallel $30 million loan from development finance institutions OP Finnfund Global Impact Fund I and BIO.

300 African Students Complete Pathways to Space Program

2 years ago2 years ago03 mins

The inaugural cohort of the Pathways to Space program, a collaborative effort between the Future African Space Explorers STEM Academy (FASESA) and Boeing, celebrated its graduation in Ethiopia, marking a significant milestone in STEM education across Africa. Over five months, 312 students from Ethiopia, Nigeria, and Tanzania, including an equal representation of girls, immersed themselves in space exploration education.

BARD Santner Launches Remittance Platform in Zimbabwe

2 years ago2 years ago03 mins

Zimbabwe’s BARD Santner Incorporated has launched TX Money Transfer, a new remittance platform aimed at enhancing reliability, transparency, and collaboration in the financial sector. The platform seeks to eliminate hidden costs, improve service efficiency, and address long-standing challenges that impact clients.

Estonia, Germany Explore Kenya’s Digital Potential

2 years ago2 years ago03 mins

Kenya is poised to attract significant investments in its technology sector from European companies, including Estonia and Germany. This week, top executives from these nations visited Kenya to explore various investment opportunities, underscoring the country’s appeal as a hub for digital innovation and growth.

Ethio Telecom Reports Revenue and Net Earnings Increase

2 years ago2 years ago03 mins

Ethio Telecom announced its financial results, revealing a significant increase in full-year revenue and net profit. The state-owned telecom attributed this success to its LEAD Growth strategy, which has driven an 8.9% increase in its subscriber base, now totaling 78.3 million consumers.