News – Page 29 – Hakuna Matata Media

Ecobank Fintech Challenge 2024 Finale is September 27th

2 years ago2 years ago03 mins

The Ecobank Fintech Challenge 2024 finale is set to take place on September 27th, 2024, bringing together Africa’s most innovative fintech minds. This prestigious event aims to showcase the latest advancements in technology that are driving financial inclusion and innovation across the continent. With a focus on empowering entrepreneurs, the challenge highlights solutions that address pressing issues in banking, payment systems, and economic growth.

Safaricom, Google Partner to Train Migori Small Businesses

2 years ago2 years ago03 mins

Safaricom PLC has partnered with Google to provide financial and digital literacy training to small businesses in Migori County, Kenya. This initiative aims to empower local entrepreneurs by equipping them with essential skills and knowledge to effectively manage and grow their businesses. The training covers a comprehensive range of topics, including budgeting, saving strategies, investment opportunities, and an in-depth understanding of various financial products and services.

Davis & Shirtliff, Flowserve Improve Access to Industrial Pumps

2 years ago2 years ago03 mins

Davis & Shirtliff, a leader in water and energy solutions in Africa, has partnered with Flowserve Corporation to enhance access to premium industrial pumps and seals across East and Central Africa. This collaboration marks a significant advancement in providing affordable, high-quality products to companies in the region, expanding Davis & Shirtliff’s industrial portfolio with Flowserve’s renowned offerings.

Remittances Reach Record Sh55B in August 2024

2 years ago2 years ago03 mins

Kenyans living abroad have made a significant contribution to the nation’s economy, increasing their remittances by $72.9 million (Sh9.4 billion) in August 2024 compared to the same period last year. This brings the total remittances for the month to $427.2 million (Sh55.09 billion), marking a 20.6 percent increase from August 2023. This surge represents the highest amount ever recorded for remittances to Kenya from its citizens abroad.

WHO Sends Ksh9.7M in Medical Supplies to Counties

2 years ago2 years ago03 mins

The World Health Organization (WHO) has responded to the anticipated short rains in Kenya by dispatching 10 tonnes of emergency medical supplies and commodities to five key counties. This proactive measure aims to bolster the counties’ readiness to manage potential health crises associated with the forthcoming rains.

Rwanda Begins Construction on $300M Kigali Innovation City

2 years ago2 years ago03 mins

VRwanda has taken a significant step in advancing its technology sector with the groundbreaking ceremony of Kigali Innovation City (KIC). This $300 million project aims to establish one of Africa’s premier innovation hubs, positioning Rwanda as a leader in technological growth and development.

Gates Foundation Supports Field’s $11M Maternal Health Initiative

2 years ago2 years ago04 mins

Field, an African healthtech leader, has launched a groundbreaking route-to-market service aimed at combating maternal mortality, newborn and child health issues, and improving nutrition across the continent. This initiative leverages Field’s proprietary technology and extensive distribution network, which serves over 40,000 healthcare providers in Kenya and Nigeria. The service is supported by an initial $11 million grant from the Bill & Melinda Gates Foundation, underscoring the commitment to introduce innovative therapies and transform supply chains to address Africa’s urgent health priorities.

DTB Opens Up New Branch In Bondo

2 years ago2 years ago03 mins

Diamond Trust Bank proudly announces the grand opening of its 88th branch in Bondo. This new branch marks a significant milestone in DTB’s commitment to expanding its reach and enhancing banking accessibility across Kenya. The opening event was graced by H.E. Governor James Orengo of Siaya County, reflecting the strong partnership between DTB and the local communities.