Safaricom Ethiopia has reported a significant increase in its customer base, growing by approximately 250,000 subscribers to reach 4.6 million by the end of Q2 in July. This growth reflects the company’s aggressive expansion strategy and efforts to increase its market presence. As of the end of June 2024, Safaricom Ethiopia had 4.6 million three-month active customers, with one-month active customers totaling 3.4 million.
The Impact for Northern Kenya (INK) Fund, financed by USAID Kuza, has significantly impacted over 12,000 micro, small, and medium-sized enterprises (MSMEs) in the region. This $43 million fund, launched in 2021, aims to drive economic growth and empower underserved populations in northern Kenya’s counties. It has also been pivotal in creating over 25,000 direct…
MTN Group, Africa’s largest telecom provider, is exploring significant investments in neuroscience to enhance its talent management strategies. According to Paul Norman, MTN Group’s Chief Human Resources Officer, as organizations face continuous disruptions, evolving and adapting becomes crucial. He emphasized that deep collaboration, human cognition, and values-based practices are vital areas where neuroscience will play a transformative role.
AXIAN, a leading pan-African telecommunications firm, has appointed Hassan Jaber as its new CEO, effective August 19, 2024. Jaber takes over from Stéphane Oudin, who will transition to an advisory role, supporting both the chairman and the board of AXIAN Telecom’s operating companies. Oudin will continue to contribute to the growth and governance of the Group and its units.
Jerry Shikhule has been appointed as the Business Development Director for East Africa at Bluechip Technologies. In this new role, Shikhule will spearhead the CIT VERICASH business across the East African region, driving significant growth and innovation. His extensive experience and proven track record make him a valuable asset to the team.
Philip Thigo has been honored as one of the 25 recipients of The 2nd Annual Rise25 Awards by Mozilla. These prestigious awards recognize individuals who are leading the next wave of Artificial Intelligence (AI) by upholding principles of responsibility, inclusivity, and human dignity. This year’s ceremony will take place on the evening of August 13…
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.
NCBA Bank has announced a significant change to its retail banking services by eliminating monthly maintenance fees starting from July 1, 2024. This move affects the bank’s Consumer, Commercial, and SME banking accounts, representing a major shift in how NCBA approaches account management fees. By removing these fees, NCBA aims to enhance its customer value proposition and drive growth.
