Mogo to Finance 10,000 EV Bikes in Two Years

Mogo Kenya is set to significantly impact the electric mobility landscape with plans to finance over 10,000 electric bodabodas over the next two years. This initiative is part of a broader funding effort supported by the United States International Development Finance Corporation (DFC). Mogo Kenya is one of three e-mobility companies in Kenya that have collectively secured $30 million (Ksh 3.9 billion) to advance electric mobility across the country.

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Airtel Launches New Airtel Money Branch in Mombasa

Airtel Kenya has further strengthened its presence in the coastal region with the opening of a new Airtel Money Branch in Mombasa’s Central Business District (CBD). This new branch is a strategic addition to Airtel’s extensive network, which now includes over 2,600 Airtel Money branches across the country. The expansion underscores Airtel’s commitment to enhancing service accessibility for its growing customer base.

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Dr. Margaret Nyambura Appointed as New CS for ICT Sector

Dr. Margaret Nyambura Ndungu has been appointed as the Cabinet Secretary for the Ministry of Information, Communications, and the Digital Economy in Kenya. Her extensive background in ICT, digital transformation, and regulatory frameworks positions her as a transformative leader ready to steer Kenya into a new era of digital excellence. With years of experience in diverse roles ranging from her work with the World Bank on the Digital Economy Country Diagnostic to her leadership in the Network of African Women in Cybersecurity (NAWC), Dr. Ndungu is well-prepared to tackle the challenges and opportunities of the digital age.

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MTN Group Sells MTN Guinea-Bissau to Telecel

MTN Group has successfully completed the sale of its West African subsidiary, Spacetel Guinea-Bissau S.A. (MTN Guinea-Bissau), to Telecel Group Mobile Limited. This move aligns with MTN’s strategic objective of accelerating portfolio transformation and streamlining its operations. The sale has been finalized after receiving all necessary regulatory approvals, marking a significant step in the group’s restructuring efforts.

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Founders Factory Africa Rebrands as 54 Collective

Founders Factory Africa (FFA) has rebranded as 54 Collective, marking a significant evolution in its mission to support disruptive technology ventures across the African continent. The new identity reflects the firm’s commitment to enhancing its support for early-stage African entrepreneurs through a refined business model and comprehensive services.

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