39 stories from our sources
Ride-hailing firm Bolt has rolled out three ride categories in Kenya. Customers can pay extra for a faster pick-up, wait longer for a cheaper fare, or hire a car by the hour. The Priority…
Madica has secured an additional US$6 million from Flourish Ventures to extend its pre-seed investment programme by three years. It plans to invest in 25 to 30 more African start-ups and…
NCBA Group’s digital financial services arm, LOOP DFS, has launched LOOP BIZ+, a merchant platform that combines payment acceptance, working capital loans and AI-powered stock management…
Satellite operators can own the infrastructure that connects remote communities to the internet, but they do not always control how customers access that service. Across Africa, licensing…
Banks and fintechs in Kenya are preparing to apply a 16% Value Added Tax (VAT) to fees charged for digital payment services, including payment processing, card settlement and payment…
The Kenya Revenue Authority (KRA) is in discussions with Safaricom over M-Pesa tax invoicing for businesses, with the proposed arrangement allowing the telecommunications operator to…
South Africa’s FirstRand Group is pursuing a Kenyan bank acquisition as regional lenders compete for a larger share of East Africa’s financial services market. The group is targeting a…
IT services firm NTT DATA has expanded its AI Factory network to Riyadh, Paris and Singapore, giving enterprises dedicated facilities to test, secure and deploy artificial intelligence (AI)…
All examination containers to be secured and monitored remotely using smart padlocks, Knec CEO Dr David Njegere says technology used last year in 250 centres.
