Telkom Lands New 6th Subsea Cable in Kenya
Telkom has landed a new subsea fibre optic cable in Mombasa, Kenya, seeking to offer higher internet speeds, lower latency and broader bandwidth. The launch of the Pakistan and East [...]
Huawei Posts $17.8 Billion Net Profit for FY 2021
Huawei posted a net profit of $17.8 billion for the year ended 31st December 2021, a rise of 76% on-year. However, revenue declines by 29% to $100.3 billion as it [...]Airtel Africa Stops Investments in Tower Infrastructure
Airtel Africa has stopped investing in tower infrastructure in Kenya and other markets in the continent, intending to sell most of its existing assets. The International Finance Corporation (IFC), which [...]National Assembly Approves KSh2.2 Billion State Shareholder Loan for Telkom Kenya
Telkom Kenya is set to receive a KSh2.2 billion shareholder loan from the State, after the National Assembly allocated the funds to support the telco's development programmes. In May last [...]StanChart Bank Kenya Rolls Out 5th Women-in- Tech Incubator Programme
StanChart Bank Kenya(SCBK) has rolled out the 5th edition, a program that will see 5 women-led startups get KSh 1 million in seed fund each and post-incubation support in mentorship [...]
AzamPesa, New Mobile Money Wallet, Launches in Tanzania
AzamPesa, a new mobile money wallet has launched in Tanzania. It is the first mobile money wallet not directly associated with a Mobile Network Operator (MNO). The wallet is accessible [...]Kenya looks to FinTech to supercharge financial inclusion New Report
Kenya has the opportunity to become a continental leader in FinTech and dramatically boost financial inclusion by enhancing the existing ecosystem, according to a new research from TheCityUK and the [...]Google's Subsea Cable, Equiano, Lands in Togo
Google has landed its first submarine cable in Togo, the first nation in West Africa to introduce commercial fifth-generation mobile services. The Equiano subsea internet cable is part of Google’s [...]Central Bank of Kenya begins Regulating Digital Lenders
The Central Bank of Kenya (CBK) has announced the publication of the Central Bank of Kenya (Digital Credit Providers) Regulations, 2022 that seek to regulate digital lending service providers. The [...]Konza City Project Receives KSh 686.86 Million Grant from South Korea
Konza City Project has received a grant of US$ 6 Million(KSh 685.86 Million) from the South Korean Government for the construction of transport infrastructure, planning and security installations. Konza Technology [...]UBA Signs Partnership Deal With Cellulant
United Bank for Africa (UBA) Plc and Cellulant have signed a partnership deal that will provide digital payment services to consumers and merchants across 19 countries where UBA has a [...]LittleApp Adds More Features As It Moves to One-stop Platform
Little, a technology firm based in Westlands-Nairobi, has reworked its App to include features that address fast-changing technological needs in the Kenyan market. Kamal Budhabhatti, Little Chief Executive Officer, said [...]
