Founders Factory Africa Secures USD114 Million
Entrepreneur's Corner
founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across
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Month: August 2023
Paymentology And Boya Simplify Expenses For Kenyan Corporates
Technology
Paymentology, the leading global issuer-processor, today announces its partnership with Kenyan Technology Company, Boya. Together with Kenyan Tier 1 Bank, Diamond
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M-Pesa Daily Limit To Be Increased To Ksh 500,000
Headlines
Safaricom (NSE: SCOM) is set to increase M-PESA account limits to KSh. 500,000 following approval from the Central Bank of Kenya. The
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Huawei To Connect Special Schools To Internet
Technology
Huawei Kenya is ramping up learners’ access to the Internet by extending the connectivity to children with special needs. Initially,
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Huawei Guns For Hotel Industry With New Power Pack
Technology
Huawei has set its sights on the hospitality industry in a move that will see players cut operational costs by
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It Costs USD 700,000 To Run ChatGPT Daily, Company May Go Bankrupt By 2024
Headlines
OpenAI, the company that owns and runs ChatGPT may go bankrupt by the year 2024 if it continues burning cash
By Juma
·KCB Enters In A Kshs 1 Billion SME Guarantee Deal With Sweden
Headlines
KCB Bank Kenya and Swedish International Development Cooperation Agency (SIDA) have rolled out a Kshs. 1 Billion guarantee scheme that
By Juma
·From Fragility To Resilience: The Case For SME Insurance
Entrepreneur's Corner
The COVID-19 pandemic heralded unprecedented disruption that permanently redefined our post-2019 concepts of business ‘normalcy’. Among the worst affected were
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Pressure On The Kenyan Shilling To Continue As It Ends The Week The Lowest In History
Market News
During the week, the Kenya Shilling depreciated by 0.4 percent against the US dollar to close the week at 143.6
By Juma
·T-Bill Subscription Hits The Roof For The First Time In Three Weeks
Headlines
During the week, T-bills were oversubscribed for the first time in three weeks, with the overall subscription rate coming in
By Juma
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