Kenya Ranks as Africa’s 5th AI Ready Nation
In the age of technological advancement, AI emerges as a transformative force, reshaping industries worldwide.
Year: 2024
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Mastercard and Glovo Initiate School Feeding Program in Kenya & Nigeria
Mastercard and Glovo plan on addressing hunger and education in underserved communities by providing over 300,000 meals for school children in Kenya and Nigeria.
Bank of Tanzania Eases Policies to Promote Economic Growth
The Bank of Tanzania has announced a significant relaxation of Bureau de Change regulations to strengthen the formal financial system and address the dollar shortage in Tanzania.
Africa Dominates List of 20 Fastest Growing Economies World Wide in 2024 – AfDB
Africa is set to lead with eleven of the world’s 20 fastest-growing economies in 2024, according to the latest Macroeconomic Performance and Outlook report by the African Development Bank.
Autopax Secures Motorcycle Dealership Contract
Autopax is venturing into the electric motorcycle assembly business through a partnership with Ghanaian battery company Kofa. Led by Autopax CEO Joy …
German fund Provides Ksh42bn Grants for African Hydrogen Projects
Germany’s Power-to-X Development Fund (PtX) is offering a €270 million grant to boost hydrogen production in select countries, including Kenya.
James Mwangi Named New Chief Information and Digital Officer at DTB
Jimmie Mwangi is named the new Chief Information and Digital Officer (CIDO) at the Diamond Trust Bank (DTB). Mwangi, who recently announced his appointment on LinkedIn, is set to steer the bank toward innovative digital strategies and technological advancements.
Absa Bank Kenya Launches 86th Branch in Eastleigh
Absa Kenya announces plans to offer tailor-made Sharia banking products, catering to the specific needs of Muslim customers.