Enakl, the Moroccan mobility startup that’s revving up the future of urban transport, has just secured a hefty $1.4 million pre-seed funding round. With this fresh injection of cash, Enakl is ready to accelerate its mission of transforming daily commutes […]...
The World Bank Group has launched a High-Level Advisory Council on Jobs during its 2024 Annual Meeting in Washington, D.C. The council aims to address a critical challenge facing emerging and developing economies: creating job opportunities for youth and women. […]...
Kenya’s retirement system is facing a critical challenge as unpaid pension contributions have risen to an alarming Sh47.16 billion, putting workers’ financial futures at significant risk. According to the Retirement Benefits Authority (RBA), this represents a 12.3 percent increase from [...
VunaPay, a brilliant Kenyan startup just scored big at the Latitude59 Pitch Competition. Out of a whopping 382 applications from 37 countries, VunaPay emerged as the shining star, securing not just a trophy, but a golden ticket to Estonia’s premier […]...
I&M Bank has launched the Milele Rewards Program, a groundbreaking loyalty initiative developed in partnership with Mastercard that promises to transform the customer rewards landscape in the Kenyan banking sector. The program’s name, “Milele,” which means “everlasting...
Starlink, the satellite internet service that’s been promising to revolutionize connectivity, has just hit a massive roadblock. The Communications Regulatory Authority of Namibia (CRAN) has dropped the hammer, issuing a dramatic cease-and-desist order that effectively grounds Starlink’s ...
Zoho, a global technology company, has announced a strategic partnership with KeNIC, the registry responsible for managing .ke domain names in Kenya. This collaboration aims to support Kenya’s digital transformation by providing substantial support to local businesses. As part of […]...
Temu, the e-commerce giant known for its crazy-low prices, has set its sights on Nigeria. This is like the coolest store ever opening up right in your neighborhood – and everything is on sale!...
Safaricom is making waves in the Kenyan financial market with its new money market product, Ziidi. This exciting venture, approved by the Capital Markets Authority (CMA), is set to revolutionize how Kenyans invest their money....
Imagine turning your smartphone into a gateway for economic transformation. That’s exactly what Uber has been doing in Kenya, according to their groundbreaking Economic Impact Report launched at the Fairmont Norfolk Hotel in Nairobi. The numbers are nothing short of […]...
Fund managers are increasingly converting underperforming mutual funds into exchange-traded funds (ETFs) to attract new investments. This strategy has proven successful, with converted funds experiencing a significant boost in inflows.While this trend offers hope for struggling active managers, it&#...
Donald Trump has vowed to impose significant tariffs on Canada, Mexico, and China during his first day in office, targeting what he claims are these countries’ roles in the flow of fentanyl and illegal immigration into the United States. In […]...