Kenya Officially Joins AIIB as a Full Member

President William Ruto has announced that Kenya has officially joined the Asian Infrastructure Investment Bank (AIIB) as a fully paid member. This significant development was confirmed following his meeting with AIIB President Jin Liqun at the bank’s headquarters in Beijing. The new membership opens avenues for Kenya to access concessional funding for a range of development initiatives.

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Shiro Theuri Appointed as New CTO at Glovo

Glovo has announced the appointment of Shiro Theuri as its new Chief Technology Officer (CTO), marking a significant step in the company’s commitment to technological excellence and innovation. Theuri, who previously served as Glovo’s Senior Director of Engineering since 2022, will now lead the company’s efforts to enhance the platform’s capabilities and deliver outstanding experiences for customers, couriers, and partners.

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Michelle Morgan, Former TV Anchor, Becomes BM Securities CEO

BM Security has announced the appointment of Michelle Morgan as its new CEO, succeeding Neil Morgan, who transitions to the chairmanship after serving as CEO for the past eight years. Michelle Morgan brings a wealth of experience to the role, having previously served as the Executive Director of BM Systems, where she played a crucial role in driving the company’s digital transformation initiatives.

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Qimiao Fan Appointed as New World Bank Director for Kenya, Uganda

The World Bank Group has announced the appointment of Qimiao Fan as the new Country Director for Kenya, Rwanda, Somalia, and Uganda. Fan will oversee the implementation of sector and project work in these countries, reporting directly to the World Bank’s regional vice president. This role will also involve managing relationships with the four borrowing member countries alongside the World Bank’s resident mission representatives.

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Villgro Africa Invests in Kenyan Mental Health Startup for Continental Expansion

Villgro Africa has announced a significant investment in Thalia Psychotherapy, a leading mental health service provider based in Kenya. This partnership comes at a crucial time when there is a growing demand for accessible and affordable mental health care across Africa. Thalia Psychotherapy has distinguished itself as a pioneer in mental health innovation on the continent, utilizing advanced technology to address some of Africa’s most pressing mental health challenges.

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