July 29, 2024 – Hakuna Matata Media

Huawei Focuses on Africa with AI, Cloud, Data centers

2 years ago2 years ago03 mins

Huawei, a leading global provider of ICT infrastructure and smart devices, has committed to leveraging its digital transformation experience to boost business intelligence across Africa. During the recent Pan-African Data Centres Exhibition and Conference in Johannesburg, Dawei Li, Vice President of Huawei Sub-Saharan Africa, shared insights on the company’s role in advancing artificial intelligence (AI), cloud computing, and data center solutions.

Safaricom Shareholders Approve $189M Final Dividend Payout

2 years ago2 years ago03 mins

At Safaricom’s 16th annual general meeting, shareholders approved a substantial final dividend of $189 million (KES 26.04 billion) for the financial year ending March 31, 2024. This approval reflects a final dividend of KES 0.65 per share, following an interim dividend of KES 0.55 per share paid in March 2024. The total dividend distribution for the year amounts to KES 1.20 per share, or $367 million (KES 48.08 billion).

HR Players Urges Kenyan Firms to Adopt Tech for Productivity

2 years ago2 years ago03 mins

Stakeholders in Kenya’s human resource sector are urging organizations to integrate technology into their HR practices to enhance efficiency and effectiveness. By adopting innovations such as artificial intelligence and data analytics, HR professionals believe Kenyan organizations can significantly improve talent management, boost organizational performance, and cultivate more inclusive workplace cultures.

Gedi, Kenya’s Ancient Coastal Town, Added to UNESCO World Heritage

2 years ago2 years ago03 mins

The historic town of Gedi in Kenya’s coastal region has achieved a significant milestone by being inscribed on the UNESCO World Heritage List. This prestigious recognition highlights Gedi’s historical and cultural importance, solidifying its place as a key component of Kenya’s rich heritage and scenic appeal.

Chery Invests Over Sh2B in Kenyan EV Production

2 years ago2 years ago03 mins

Chinese vehicle manufacturer Chery has signed a significant partnership with Kenyan firm Afrigreen Automobile to establish an electric vehicle (EV) assembly plant in Kenya. The agreement was formalized in a ceremony attended by a high-level delegation from Anhui Province, China, and senior Kenyan government officials.

Accor Opens Nairobi Hotel for Diplomats and Tourists

2 years ago2 years ago03 mins

Accor has inaugurated the Gem Forest Hotel, its 105-room property located along Nairobi’s Limuru Road, marking the group’s ninth establishment in Kenya’s competitive hospitality market. The $30 million (Sh3.9 billion) hotel is strategically positioned to cater to the diplomatic community residing in nearby estates such as Gigiri, Runda, Muthaiga, Rosslyn, and Nyari.

Intron Health Raises $1.6M in Pre-seed Funding

2 years ago2 years ago04 mins

Intron Health, a pioneering Nigerian tech startup, has successfully raised $1.6M in a pre-seed funding round to enhance its speech recognition technology for healthcare workers in Africa. The funding round was led by Microtraction and included notable participation from Plug and Play Ventures, Jaza Rift Ventures, Octopus Ventures, Africa Health Ventures, OpenseedVC, Pi Campus, Alumni Angel, and Baker Bridge Capital. Additional support came from angel investors affiliated with global entities such as Google, CLEAR Global, NYU, and Optum.

Samsung Ranks Third in Africa’s Top 100 Brands

2 years ago2 years ago03 mins

Samsung Electronics has achieved a notable milestone by being ranked 3rd on the prestigious Brands Africa 100 list. This recognition underscores Samsung’s significant impact and dominance in the African market, affirming its status as a leading household name across the continent.