Kenya releases draft e-mobility policy for EVs
The policy aims to address key issues in the electric vehicle industry, key of which is economic development, and environmental conservation.
Kenyan-based digital online insurance platform secures KES 168m funding
mTek is using technologies such as Artificial Intelligence and machine learning to offer users seamless access to insurance products.
Radio still reigns supreme, internet content consumption still growing in Kenya – Report
The study took into account factors such as age, gender, region, and living standard when conducting the research. Notable is the rise in mobile phone content, while newspapers have been declining in popularity. The report sheds light on possible opportunities for each media platform, as well as the challenges stakeholders might face when consuming or producing content.
Car & General launches electric tuktuk
Car & General recently launched its brand of electric rickshaws, commonly known as tuktuks, in the Kenyan market.…
CBK issues licenses to new digital credit providers
The News: In a statement released on 6th March 2024, the Central Bank of Kenya announced that it…
Blow as Binance ceases operations in Nigeria
Amidst the directive, top directors of the company have been detained, with the company allegedly slapped with a $10 billion fine. Binance has not released any statement as to the closure, and neither has the Nigerian authorities divulged any information.
Kenyan digital asset lobby group pushes for adoption of regulation of firms
Kenyan digital assets lobby group, Blockchain Association of Kenya, is urging the adoption of regulatory frameworks to foster…
Apple rethinks EV production, refocuses on AI
The News: The project, dubbed ‘Project Titan’, had been launched in 2014, with major innovations in mind to…
US Investor reduces its 921.1 million Shares in Safaricom by two-thirds
The News: In a significant move impacting Safaricom, one of Kenya’s top telecom companies, FMR LLC, a major…
Xiaomi launches electric vehicle
Joining the ranks of consumer electronics companies entering the automotive space, Xiaomi's foray stands out as a solo venture in terms of branding. Unlike Sony's collaboration with Honda, Xiaomi's SU7, a "full-size high-performance eco-technology sedan," is set to hit the Chinese market next year.