Author: Majira Media

BusinessCareer

Standard Chartered launches “Women in Cyber” mentorship to boost East Africa’s female cybersecurity leaders

 Standard Chartered has launched the Women in Cyber Mentorship Programme to train next generation female cybersecurity leaders. It is an initiative that is designed to cultivate the next generation of female cybersecurity leaders across East Africa. It will delivered through a combination of in-person and virtual sessions. The programme will pair mentees with industry experts, provide hands-on technical
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BusinessCareer

Aleph expands Spotify partnership to power ad sales in 80+ markets, including Kenya

 Aleph and Spotify have expanded their partnership that makes Aleph Spotify’s advertising sales partner in 80+ markets, providing access to 20,000+ advertisers. This includes Kenya. Spotify Advertising has been modernizing its ad tech, strengthening its partnerships and deepening its human expertise to make it easier for advertisers to buy, create, measure, and get clear results.
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TECH5, Visa partner with Ethiopia to launch Fayda Wallet, powering Digital ID & payments

 Ethiopia has launched the Fayda wallet, a solution designed towards enhancing financial inclusion and streamlining digital transactions. This wallet, co-developed by TECH5 and Visa is designed to address the need for verified eKYC (electronic Know Your Customer) services in both the private and public sectors. The wallet has been introduced in Ethiopia by the National
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BusinessCareer

CIC Group & Women’s World Banking to develop insurance products for Kenyan women

 CIC Group and Women’s World Banking have partnered in a bid to develop inclusive women-centric insurance solutions. The two organizations will collaborate in research, product development, innovation of aggregation models for distribution, enhance insurance literacy and increase resilience and for Kenyan women MSMEs. Speaking during the partnership signing ceremony at CIC Group headquarters in Nairobi,
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BusinessCareer

Propak East Africa calls for urgent collaboration to accelerate eco-packaging adoption

 The 10th Propak East Africa Expo will conclude today with an emphasis on the need for accelerating the adoption of eco-packaging. This would be done through increased collaboration among stakeholders in the packaging, printing, processing, and plastics industries. The expo, which hosted over 150 exhibitors from 35 countries, highlighted both the advancements and persistent challenges
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DTB & Safaricom are offering loans of up to Ksh. 250K to SMEs that use Lipa na M-PESA

 Diamond Trust Bank (DTB) has partnered with Safaricom to offer loans to SMEs that use Lipa na M-PESA to accept payments. The new product is called Taasi Till Loans and it will enable merchants with Safaricom till numbers to access business loans. Taasi Till is a business loan that offers short-term loans that range between
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BusinessCareer

Piped gas and WiFi: Inside Mukuru houses handed over by Ruto

 Housing Principal Secretary Charles Hinga has announced that new homeowners in Mukuru slums, who recently received house keys from President William Ruto, will be issued sectional title deeds. Speaking a day after Ruto launched the first batch of social housing units under the Kenya Kwanza administration, Hinga described the initiative as a transformative project that
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ARC Ride to roll out 5,000 electric bob-bodas, standardize battery swapping with BII Funding

 ARC Ride has today announced it has secured $5 million in financing from British International Investment (BII), the UK’s development finance institution and impact investor. This investment is set to provide e-mobility solutions for Kenya’s cities, marking a boost to the nation’s electric vehicle (EV) adoption efforts. The funding will enable ARC Ride’s initial rollout
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Afreximbank net income jumps 21% to US$215 Million in strong Q1 2025

 The African Export-Import Bank (Afreximbank) has released its consolidated financial statements for the first quarter of 2025, revealing a strong performance. Afreximbank Group recorded a net income of US$215 million, marking a 21% year-on-year increase from US$178 million in the previous period. This growth was driven by a 4.53% rise in net interest income to
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NCBA Group Q1 2025 profit after tax rises 3% to Ksh. 5.5B, driven by digital loans

 NCBA Group has announced a profit after tax of Ksh. 5.5 billion for the first quarter of 2025. This represents a 3% increase from the Ksh. 5.3 billion reported during the same period last year. The rise in profitability was driven by a rise in digital loan disbursements, which rose 32%  year-on-year to Ksh. 307
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