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Fintech7 News
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Technology12 News

Year: 2024

CcHUB Launches Creative Economy Incubator in Nairobi

Author05 mins

The Creative Economy Practice (CEP) at CcHUB has launched the Content Creative Economy Incubator program alongside the unveiling of the CEP Entertainment Hub in Nairobi. This dedicated space, part of the Entertainment and Media Hubs Program, is designed to empower storytellers in film, TV, and the Creator Economy to create gender-equitable narratives that authentically represent both male and female perspectives. With a focus on shifting harmful gender norms, the program aims to foster better health and economic outcomes for adolescent girls and young women (AGYW) across Africa.

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Kenya Set to Lead Generative AI Transformation

Author04 mins

Kenya is on the brink of a Generative AI (GenAI) transformation, with business leaders expressing optimism about the technology’s potential to reshape industries and drive innovation. At the NTT DATA Clients Innovation Day in Nairobi, Chris Wiggett, Head of Artificial Intelligence, Data, and Analytics at NTT DATA in the Middle East and Africa, emphasized the importance of a holistic approach to realizing GenAI’s potential in Kenya and the East African region. However, to fully capitalize on this groundbreaking technology, Kenya must address challenges such as legacy infrastructure, skills shortages, and regulatory gaps.

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Safaricom Secures Approval to Launch Second MMF, Ziidi

Author04 mins

Kenya’s Capital Markets Authority (CMA) has approved Safaricom’s second money market product, Ziidi, marking a significant milestone in Kenya’s financial inclusion journey. Offered in partnership with Standard Investment Bank, ALA Capital Limited, and Sanlam Investments East Africa Limited, Ziidi responds to the growing demand for accessible and digital-first investment opportunities in Kenya’s fast-evolving financial landscape.

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Google Contributed $900M to Kenya’s Economy 2023

Author03 mins

Kenya’s digital economy is on a transformative trajectory, with recent findings from The Digital Opportunity of Kenya report highlighting the nation’s progress as a digital leader in Africa. Conducted by Public First and supported by the Ministry of ICT, Google, and other key stakeholders, the report underscores how technology is driving economic value and shaping the future of the nation.

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Kenya Leads Africa in Smartphone Manufacturing

Author04 mins

Kenya is positioning itself as a significant player in Africa’s burgeoning smartphone manufacturing industry, having already produced over 2.5 million smartphones domestically. This milestone highlights the country’s growing capabilities in local smartphone assembly and its crucial role in advancing Africa’s digital economy. At the recent Smartphone for Africa Summit in Nairobi, Stanley Kamanguya, CEO of the Kenya ICT Authority, shared insights into the country’s achievements and its pivotal role in the continent’s digital transformation.

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Safaricom Launches Tech Re-skilling Initiative for Disabled Individuals

Author04 mins

Safaricom has launched an innovative tech re-skilling program aimed at empowering young Persons with Disabilities (PWDs) by equipping them with valuable digital skills. This initiative underscores Safaricom’s commitment to promoting inclusivity and supporting individuals with disabilities as they navigate the digital landscape. The program is designed to enhance employability and create pathways for PWDs to thrive in the tech industry.

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Geoffrey Gitagia Named 2024 CIO of the Year

Author03 mins

Geoffrey Gitagia, Group IT Manager at Avenue Healthcare, has been named CIO of the Year 2024 at the 16th Annual CIO100 Symposium and Awards. Surpassing 17 other contenders, Gitagia was recognized for leading a groundbreaking project that integrated emerging technologies to deliver exceptional outcomes. His achievement reflects the critical role of IT leadership in driving innovation, business success, and digital transformation across Africa.

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AirAsia X Launches Direct Flights to Nairobi, Boosting Tourism and Trade

Author05 mins

Kenya’s tourism sector has received a significant boost with the arrival of AirAsia X’s inaugural flight from Kuala Lumpur to Nairobi, marking a major milestone in the country’s efforts to attract tourists from Malaysia and the wider Asian market. The flight, D7 101, landed at Jomo Kenyatta International Airport (JKIA) on November 15, carrying over 270 passengers. This direct connection between Southeast Asia and East Africa is expected to foster greater cultural exchange, bolster tourism, and provide vital links for business and trade between the two regions.

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New WhatsApp Feature for Android Resembles Instagram Design

Author03 mins

WhatsApp is rolling out an exciting new update for Android users, bringing an interactive feature that mirrors Instagram’s popular “Add Yours” sticker. Currently in beta testing, this new functionality is designed to boost engagement, offering users fresh ways to share and interact within their status updates. By allowing users to create prompts, the feature adds a layer of creativity, enabling them to inspire conversations, share personal stories, and initiate trends.

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Murali Natrajan Joins DTB as the New CEO for Kenya from 1st November

Author04 mins

Diamond Trust Bank Kenya (DTB) has announced the appointment of Murali Natarajan as its new CEO, effective November 1, marking a significant leadership change. Natarajan succeeds Nasim Devji, who served as Managing Director for over 20 years and leaves behind a remarkable legacy. Natarajan’s appointment represents the beginning of an exciting new chapter for DTB as it strives to deepen its regional presence and adapt to a rapidly changing financial landscape.

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