AfriLabs Releases AI Reports Funded by Gates Foundation

AfriLabs has launched two pivotal studies on artificial intelligence (AI) in Africa, supported by the BMGF. The first report maps out the AI startup ecosystem across the continent, detailing focus areas, development stages, and geographic distribution. This comprehensive analysis sheds light on the opportunities and challenges facing AI startups in Africa’s dynamic socioeconomic landscape.

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Visa Reveals Finalists in SME Grant Competition

Visa Kenya has unveiled the top five women business owners competing for the prestigious Sh2.5 million grand prize in the She’s Next Kenya program. Launched to bolster women-led small businesses through funding, training, and mentorship, the initiative received an overwhelming response with over 2,300 applications across Kenya. The finalists—Busu Naturals, Cladfy, Code with Kids, Crafts with Meaning, and Timao Group—stand out for their exceptional business acumen and innovation.

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Kenya and China Sign Agreement to Boost Film Industry

Kenya and China have solidified their collaboration in the film and theatre sectors with the signing of a Memorandum of Understanding (MoU). This agreement marks a significant milestone following Kenya’s earlier partnership with Hollywood Invention Studios, further positioning Kenya as a prime filming destination. The MoU aims to facilitate joint film productions, promote Kenya as a location for shooting multiple movies, and introduce Chinese films to Kenyan audiences.

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CarePay International Appoints Pieter Prickaerts as CEO

Pieter Prickaerts, Managing Director of Kenya’s leading health insurance technology platform, M-TIBA, has been appointed as CEO of CarePay International, leading its global expansion. The Supervisory Board of CarePay International announced that Prickaerts will officially assume the CEO position on July 1, 2024, while continuing to oversee M-TIBA’s operations in Kenya. This transition marks a new chapter for CarePay, with Prickaerts poised to build on the company’s proven success.

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