ChitChat, a Zambian social commerce platform known for its built-in USD digital wallets, has partnered with Mastercard to launch new virtual debit cards designed to enhance cross-border payments. This collaboration marks a significant step in simplifying and streamlining financial transactions across borders.
The International Trade Center (ITC) has launched the Medium and Small Enterprises (MSMEs) Financing Gateway in Kenya and Uganda, marking a significant milestone in supporting enterprise development in the region. This new digital platform is designed to provide essential resources and support for MSMEs, offering a comprehensive suite of tools to enhance business growth and sustainability.
Canon’s Miraisha program, celebrating its 10th anniversary, has made a profound impact on aspiring filmmakers, photographers, and creative professionals across Africa. Launched a decade ago, Miraisha has empowered over 7,000 individuals through training programs, skills workshops, and enterprise support, helping them gain qualifications, secure employment, and establish their businesses.
Kenya has launched two transformative digital platforms aimed at enhancing the efficiency and transparency of government operations. The Presidential Directives Management Information System (PDMIS) and the Foreign Travel Management Information System (FOTIMS) are designed to streamline the management of presidential directives and foreign travel approvals for senior government officials.
Latitude59, the premier startup and technology event in the Baltic States, is making its return to Kenya. Scheduled for November 28th, 2024, in Nairobi, this marks the second edition of Latitude59 in the city, following a successful event held last December.
The Insurance Regulatory Authority (IRA) has introduced a new initiative aimed at fostering investment in geothermal energy projects across East Africa. The newly launched Geothermal Risk Underwriting Facility is designed to utilize local insurance capital to mitigate risks associated with renewable energy projects, thus encouraging private sector investment in the sector.
Stanbic Bank Kenya is expanding its investment offerings with the launch of two new money market funds, designed to attract both retail and institutional investors. The new funds include the Stanbic Money Market Fund, which provides an impressive annual return of 15.12 percent, and the Stanbic Fixed Income Fund, which offers a yield of 5.56 percent.
RUBiS Energie has announced the appointment of Olivier Sabrié as the new CEO for East Africa and Group Managing Director of RUBiS Energy Kenya. Sabrié, who succeeds Jean-Christian Bergeron, brings extensive experience to the role from his recent position as Chairman and Managing Director & VP South Asia at Total Energies Marketing India Private Ltd.
