Equity Bank is thrilled to announce the appointment of Amrit Gayan as the new Group Director – Shared Services. With over a decade of international experience in various leadership roles within the banking industry, Amrit brings a wealth of expertise and a passion for innovation to his new role. His strategic vision for driving digital transformation aligns perfectly with Equity Bank’s commitment to growth and excellence.
Java House has launched a new Java House Express in Voi, Taita Taveta County, marking its first outlet in the region and continuing its expansion outside Nairobi. This new location aims to serve the tourist-heavy county and the residents of Voi, a transit town, while also creating job opportunities and contributing to the socio-economic development of the area.
Google for Startups has revealed the 24 startups selected for the 2024 edition of the Growth Academy: AI for Health initiative. The program aims to support high-potential businesses across Europe, the Middle East, and Africa (EMEA) that are leveraging artificial intelligence (AI) to revolutionize medical research and healthcare. Notable selections include Kenya’s Thalia Psychotherapy and TibuHealth, Nigeria’s Healthtracka, and South Africa’s Zoie Health, showcasing AI’s role in addressing healthcare challenges in Sub-Saharan Africa.
The Institute of Certified Investment and Financial Analysts (ICIFA) and Safaricom have entered into a Memorandum of Understanding (MoU) to promote accessibility and inclusivity in financial education across Kenya. This partnership aims to address the low financial literacy levels in the country and improve financial health among individuals.
The Export-Import Bank of India has announced a significant increase in its lending to Kenyan businesses, raising the facility to Sh32.5 billion. This expansion follows the inauguration of a representative office in Nairobi’s Westlands, aiming to bolster trade between India and the East African region. The opening ceremony, attended by Prime Cabinet Secretary Musalia Mudavadi, marked a milestone in strengthening economic ties.
Econet Wireless Zimbabwe has announced ambitious plans to deploy approximately 550 base stations as part of its accelerated network modernisation programme. This significant investment was revealed by Econet board chairperson James Myers during the release of the company’s earnings for the financial year ending February 29, 2024.
Rwanda is set to host the 80th public meeting of the Internet Corporation for Assigned Names and Numbers (ICANN), marking the first ICANN meeting to be held in East Africa. Organized in collaboration with Rwanda’s Ministry of Information and Communication Technology (ICT) and Innovation, the event will take place at the Kigali Convention Centre from June 10th to 13th.
The Governor of the Central Bank of Kenya, Dr. Kamau Thugge, CBS, has been honored with the prestigious title of **African Banker Central Bank Governor of the Year** by the esteemed African Banker Magazine. This recognition highlights Dr. Thugge’s exceptional leadership and strategic vision during a year marked by significant global economic challenges.
