Friday, June 26, 2026

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants

(L-R) Amnah Ajmal, Executive Vice President, Market Development, EEMEA at Mastercard and Esther Waititu, Chief Financial Services Officer at Safaricom Plc.
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 and 2024. Leveraging M-PESA’s...

All Set for the 31st IEK International Convention

31st IEK International Convention
The Institution of Engineers of Kenya, IEK, is set to host the 31st IEK International Convention at the Prideinn paradise Beach Resort in Mombasa, Kenya starting from the 29th of October to 1st november of 2024. The convention will feature exhibitors and delegates from all over the world with 25PDUs approved for attending delegates. This year's theme is "Industrialization for Economic...

Artificial Intelligence (AI) Essentials for Small Businesses to Drive Growth and Save Time

Generative AI (Artificial Intelligence)
Generative AI (Artificial Intelligence) is not new, however the recent boom in AI tools available to anyone such as image-generation tools and AI-driven applications, while offering new opportunities, can also place small business owners in new and unfamiliar territory. GoDaddy shares some ways in which generative AI can help small business owners and entrepreneurs enhance creativity, streamline operations and support...

FSD Africa invests in Holocene, a Climate Tech Start-up Venture Capital Provider

climate tech start-up
FSD Africa’s Early-Stage Finance Pillar is investing US$150,000 in Holocene Ventures Fund (HVF), a climate tech start-up venture capital provider that seeks to raise an initial US$2 million to invest in 12 high impact climate businesses. HVF I will provide the track record and pipeline to raise a $30M pre-seed to series A climate tech fund in 2025. The...

Gates Foundation Report Calls for Targeted Global Health Spending to Save Millions of Children from Malnutrition and Disease

In its eighth annual Goalkeepers report released today, the Bill & Melinda Gates Foundation urged world leaders to increase global health spending where it is needed most in order to boost children’s health and nutrition, especially in the face of the global climate crisis. The Goalkeepers report, “A Race to Nourish a Warming World,” projects that without immediate global action,...

Energy Intelligence’s Amena Bakr is the Official Host and the Master of Ceremonies of African Energy Week

Amena Bakr
Leading the dialogue on Africa's energy sector opportunities, Amena Bakr, Senior Research Analyst at Energy Intelligence, will serve as the Master of Ceremonies at the upcoming African Energy Week (AEW): Invest in African Energy 2024 conference – the official meeting place for Africa's energy sector. As a global information provider, Energy Intelligence provides research, data and analysis covering the...

Construction of Ngong Road – Naivasha Road Flyover

ngong road - naivasha road flyover
The Kenya Urban Roads Authority, KURA, has announced the commencement of works to construct the Ngong Road - Naivasha road flyover. In a 16th September 2024 press release, KURA says this flyover will enhance efficiency of Ngong Road through grade separation. The project completion time is set for July 2027 and will cost an estimated Ksh 3.58 Billion. The project...

Must-Have Electronic Devices for the Modern Household

must have household electronics
In today’s tech-savvy world, electronic devices play a crucial role in enhancing the efficiency, comfort, and entertainment of a modern household. The rapid advancement in technology has provided a wide array of devices that cater to everyday needs, offering convenience, security, connectivity, and enjoyment. Whether it’s for home automation, entertainment, or personal use, these must-have electronic devices are becoming...

How Engineering and Technology are Revolutionizing Tourism in Kenya

Kenya safari experience
Kenya, a country renowned for its breathtaking landscapes and rich cultural heritage, is undergoing a transformation in its tourism sector, driven by advancements in engineering and technology. As the world becomes increasingly eco-conscious and technologically advanced, Kenya is at the forefront of integrating these innovations to offer sustainable and immersive travel experiences. 1. Electric Safari Vehicles: A Quiet Revolution One of...

Empowering Gen-Z Entrepreneurs: Strategy for the Next Generation of Leaders

Dr Bedi is the Chairperson of the Kenya Private Sector Alliance (KEPSA)
Africa’s population is estimated at 1,373,486,472. Generation Z is currently the largest generation in Africa with 428,514,686 inhabitants making up 31.20%. Kenya's population is estimated at 54,985,702. Generation Z is the most populous with 18,378,493 inhabitants representing 33.42%. Millennials are 12,123,453 representing 22.05%. Both generations make up 55.47%. At KEPSA, we recognise that the emergence of Generation Z in...

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