The Central Bank of Kenya (CBK) has set the stage for a financial revolution by giving all commercial banks 18 months to be transparent about the impact of their investments on the environment. This move aims to tackle greenwashing, a practice where organizations falsely present themselves as eco-friendly. The Birth of Change In an effort
By Frank Eleanya In today’s fast-paced, interconnected world, free public WiFi has become a staple necessity at airports worldwide. It allows travelers to stay connected, manage work on-the-go, and navigate unfamiliar surroundings with ease. However, in Nigeria, this expectation falls short. Out of the 32 airports across the country, only two provide any semblance of
Surayyah Ahmad, a visionary entrepreneur with a passion for empowering small and medium-sized enterprises (SMEs) in Africa, has launched an innovative fund that is set to make a significant impact on the continent’s business landscape. Named Sabou Capital, this new venture aims to bridge critical investment gaps in both Anglophone and Francophone Africa by providing
Newsletters — “Project Kuiper” & “Starlink”: Battle of Billionaires for Internet Domination In 2019, Jeff Bezos’ Amazon unveiled its ambitious Project Kuiper, aiming to revolutionize global internet connectivity through a vast satellite network. However, the project remained relatively quiet until recently when it gained momentum with the Federal Communications Commission (FCC) licensing requirement to launch
In the fast-paced world of finance, one question stands out: What’s hindering the growth of African securities exchanges? As Flutterwave, a leading fintech player in Africa, hinted at going public, eyes turned away from the continent towards global financial hubs like New York and London. Why do even Africa’s brightest stars choose foreign listings over
A Kenyan Employment and Labour Relations Court recently made a significant ruling against neobank Umba. The court mandated Umba to pay KES 2.88 million ($21,600) as compensation for the unfair dismissal of Alice Anyango Oduor, a former executive at the company. This legal decision sheds light on the intricate dynamics that startups like Umba face
As the sun rises over Lagos, a bustling city where millions navigate its chaotic streets daily, one man stands out among the sea of commuters – Samson. Like many Lagosians, Samson’s daily grind involves squeezing into one of the city’s iconic yellow buses known as Danfos. These rickety vehicles have become synonymous with Lagos’ transport
Almost eight months have passed since South Africa unveiled its National Artificial Intelligence (AI) Policy framework. This April, the Department of Communications and Digital Technologies (DCDT) plans to open the policy up for a public review. The framework aims to foster ethical AI development, innovation, talent nurturing, and data security. However, concerns are growing about
Artificial Intelligence (AI) is not just a buzzword anymore; it has become a game-changer for tech companies worldwide, especially in the face of high inflation. Let’s dive into how AI is reshaping the landscape for businesses, driving revenue growth, cost optimization, and enhanced productivity. “By leveraging AI, my agency has significantly increased its productivity and
News of Mafab missing the Q1 5G rollout deadline has sent shockwaves through Nigeria’s telecom industry. The company, which acquired a $273 million 5G license in 2021, had previously assured stakeholders that services would be up and running by the end of Q1 2025 in key cities like Kano and Abuja. However, as the deadline
