Standard Chartered’s New Investment Platform Crosses US$20mn in Four Months
Standard Chartered Bank Kenya has launched a multi-fund investment platform targeting wealthy investors, with assets under management reaching US$20 million within four months of its rollout. “The strategies are designed…
Kenya Government Moves to Establish Standalone Data Centre Licence Following AMACO’s Call for a Single Integrated Regulatory Unit
Kenya rethinks Data Centre Licensing as AMACO’s HERCULES™ targets Africa’s AI Power challenge. A proposed standalone data-centre licence coincides with the emergence of an integrated infrastructure model designed to combine…
Kenya launches early market talks for Horn of Africa fibre optic corridor
News The Government of Kenya, through its Ministry of Information, Communications, and The Digital Economy and the ICT Authority, is advancing plans to install a high-capacity fibre optic cable along…
Somaliland fibre route tests Kenya’s regional digital edge
Principal Secretary for Broadcasting and Telecommunication Stephen Isaboke.
Kenyan Startup DigiTax Expands to the UAE Ahead of E-Invoicing Mandate
DigiTax, a Kenyan tech company, has entered the United Arab Emirates (UAE) after being pre-approved by the country’s Ministry of Finance to provide electronic invoicing services, opening a new market…
Amaco partners with US energy giant for Mombasa AI-data centre
Data centres are the main infrastructure powering AI by providing high computing power, specialised computer hardware, and the large storage needed to train and deploy complex language models.
World championships promise an economic boon for Nairobi
World Athletics President Sebastian Coe during the pre-event press conference in Bathurst, Australia, on the eve of the World Athletics Cross Country Championships on February 17, 2023.
Kenyan start-up makes robotic limbs to sign for deaf kids
In a school for the deaf in Kenya, children signed their excitement as a team demonstrated how a robotic arm could revolutionise their studies. Roughly 300,000 children in the east…
Dangote IPO, DRC fire tragedy and regional developments
From Nigeria’s landmark refinery share offering to mourning in the Democratic Republic of Congo and efforts to improve inclusion in Côte d’Ivoire, here are the main stories from Africa. Dangote…
Oracle has started turning its AI compute backlog into revenue
Oracle has started turning its AI compute backlog into revenue, but data centre challenges linger Oracle delivered 850MW of capacity in the June-August period. Oracle (NYSE: ORCL) has reported quarterly…