News

Tecno overthrows Samsung in handset sales across Africa in 2020

Tecno overthrows Samsung in handset sales across Africa in 2020

Chinese smartphone brand TECNO Mobile bested Korean giant Samsung for handset sales in Africa in 2020, confirming its status as the Number 1 smartphone brand on the continent. Counterpoint Research’s Market Monitor service announced this week that the TRANSSION Holdings-owned brand’s successful launch of handset models in the affordable segment and continued market spending has […]
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EGM Securities launches online forex trading platform using MPesa 

EGM Securities launches online forex trading platform using MPesa 

EGM Securities has introduced Kenya’s first online forex trading that enables trading using mobile payment channels like MPesa. The innovative financial offering bolsters Kenya’s positioning as a leader in financial innovation in Africa. EGM Securities’ trading offering will provide the market with exposure to global macro opportunities such as foreign exchange, oil, gold and other […]
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Showmax slashes mobile subscription to Kes. 300 a month

Showmax slashes mobile subscription to Ksh 300 a month

Showmax mobile subscribers in Kenya will pay Ksh 300 a month for access to the full Showmax catalogue on a single mobile device. The new price cut starting 19 April will be a 20% reduction on the previous price point of Ksh 380. Speaking about the price change, Yolisa Phahle, MultiChoice Group CEO for Connected Video, said that they know that consumers are […]
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Microsoft moves to healthcare with $19.7 B acquisition of Nuance

Microsoft moves to healthcare with $19.7 B acquisition of Nuance

Microsoft and Nuance announced they have entered into a definitive agreement under which Microsoft will acquire Nuance in a transaction valued at $19.7 billion. Nuance is a cloud and AI software leader representing decades of accumulated healthcare and enterprise AI experience. Mark Benjamin will remain CEO of Nuance, reporting to Scott Guthrie, executive vice president […]
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Telkom Kenya rolls out Fursa e-wallet to provide loans to youth

Telkom Kenya rolls out Fursa e-wallet to enable youth access loans

Telkom Kenya will develop a youth-focused digital wallet dubbed fursa to relieve them from financial exclusion during the pandemic. The telco has signed an agreement with the Ministry of ICT’s National Youth Council of Kenya (NYCK) to co-create ‘Fursa’, (Swahili for opportunity) a platform that allows the council to disburse funds to youth conveniently, faster, securely […]
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LG unveils eco-friendly soundbars with AI for superior audio

LG unveils eco-friendly soundbars with AI for superior audio

LG Electronics (LG) has rollout the 2021 LG Soundbar lineup, designed to deliver a premium audio experience, versatility and convenience for the consumer, and is good for the environment. The latest innovation in the LG audio experience raises the bar for eco-conscious designs and packaging. Besides high-quality audio, easy connectivity, smart functionality and stylish aesthetics, […]
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Strathmore University to offer training on Blockchain

Strathmore University to offer training on Blockchain

@ilabAfrica-Strathmore University has partnered with 482.solutions, Odessa, Ukraine to provide training on blockchain solutions development to students at Strathmore University. The training is set to equip Kenyan students with skills that will set them apart from others and provide the Kenyan market with highly skilled professionals in blockchain. The establishment of partnerships between Strathmore University and 482.solutions became possible […]
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Safaricom picks Ericsson for E-band microwave solution

Safaricom picks Ericsson for E-band microwave solution

Safaricom has chosen Ericsson to supply microwave solutions based on the E-band platform to achieve multi Gbps backhaul capacity for mobile broadband nationwide coverage in Kenya. The solution – MINI-LINK 6352 – offers key advantages such as high capacity, efficient use of spectrum, low-energy consumption and simplified operations and maintenance. With technological advances in microwave […]
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