LOOP App’s DISCOVER Tab Simplifies Finding New Deals

The LOOP app has launched the DISCOVER tab, revolutionizing the way users find discounts and special offers in Kenya’s growing e-commerce landscape. With the surge of online retailers, the opportunities to snag a great deal have multiplied, yet the sheer volume of promotions can be overwhelming. The DISCOVER tab serves as a centralized platform, streamlining the process of discovering bargains without the exhaustive search.

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Safaricom, Google Partner to Train Migori Small Businesses

Safaricom PLC has partnered with Google to provide financial and digital literacy training to small businesses in Migori County, Kenya. This initiative aims to empower local entrepreneurs by equipping them with essential skills and knowledge to effectively manage and grow their businesses. The training covers a comprehensive range of topics, including budgeting, saving strategies, investment opportunities, and an in-depth understanding of various financial products and services.

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Davis & Shirtliff, Flowserve Improve Access to Industrial Pumps

Davis & Shirtliff, a leader in water and energy solutions in Africa, has partnered with Flowserve Corporation to enhance access to premium industrial pumps and seals across East and Central Africa. This collaboration marks a significant advancement in providing affordable, high-quality products to companies in the region, expanding Davis & Shirtliff’s industrial portfolio with Flowserve’s renowned offerings.

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Safaricom Invests Sh104.8B in Health Digitization

Safaricom has unveiled a transformative Sh104.8 billion investment in Kenya’s healthcare sector, aiming to leverage technology to enhance the nation’s health system. This initiative aligns with the Ministry of Health’s vision for universal quality healthcare and will unfold over ten years to develop an integrated Healthcare Information Technology System (IHTS). The move underscores Safaricom’s commitment to societal transformation through innovative solutions.

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Remittances Reach Record Sh55B in August 2024

Kenyans living abroad have made a significant contribution to the nation’s economy, increasing their remittances by $72.9 million (Sh9.4 billion) in August 2024 compared to the same period last year. This brings the total remittances for the month to $427.2 million (Sh55.09 billion), marking a 20.6 percent increase from August 2023. This surge represents the highest amount ever recorded for remittances to Kenya from its citizens abroad.

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Co-op Bank Increases Daily App Transfer Limit to Sh2M

Co-operative Bank of Kenya has significantly enhanced its digital banking services by raising the daily limit for money transfers via its MCoopCash app to Sh2 million. This increase, which is four times the previous limit of Sh500,000, aims to provide customers with greater convenience amid a growing preference for digital transactions. The new policy allows users to transfer up to Sh1 million in a single transaction, facilitating seamless transfers between accounts.

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Nokia, iSAT Africa Partner to Enhance Liberia’s Rural Coverage

Nokia has announced a strategic partnership with iSAT Africa to enhance rural connectivity in Liberia, aiming to bridge the digital divide and provide reliable, affordable network access to underserved communities. This significant deployment will span three years and cover approximately 200 sites across rural Liberia, underscoring Nokia’s commitment to improving connectivity in remote areas.

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