Posts

The project which aims to save on power costs as well as contribute to Net Zero carbon emissions by switching to renewable energy, is set to deploy solar power systems with a total capacity of 14.5MW and 5MW for Bamburi’s Mombasa Plant and Nairobi Grinding Plant respectively. This will account for up to approximately 40% of Bamburi’s total power supply. “We are elated to be making this step towards switching to more affordable and clean energy that will not only lead to a significant reduction in power costs but also bring us closer to our goal of achieving Net Zero carbon emissions,” said Miriam Ngolo, Bamburi’s Strategy & Business Development Director....

Companies are adopting the new normal and a new way to work. That being said, investing in a good VPN service for your work-from-home employees is the need of the hour. Whether it’s the best free VPN for Mac, good VPNs for content streaming, or reliable VPNs for work from home employees, ensuring security and privacy is a must in all cases. But before counting on any VPN connections, it’s necessary to understand their benefits first....

After establishing itself in Benin, FedaPay aspires to become Africa’s PayPal. Its purpose is to ensure that everyone has access to financial services. To do so, the aggregator recently launched its services in Niger, with plans to extend to other countries soon. FedaPay is a payment gateway that allows businesses of all sizes to accept money transfers via mobile money and bank cards using a single payment mechanism. It was developed by Hermann Aguessy and Boris Koumondji....

Nigeria has become the first African fiat currency supported on Binance P2P platform. the integration will allow users in Nigeria to directly buy and sell BTC, ETH, USDT, BNB and BUSD with other users and verified merchants on Binance P2P platform. Users can select the trades listed on P2P platform by the amount and payment methods, and access instant and secure trades with Binance’s crypto escrow service and 24×7 customer support....

Bitcoin and Ethereum are like the two most popular and traded cryptos in the world, and new platform BitPaya is bringing ease to trading with them. On the BitPaya platform, you can trade Bitcoin and Ethereum with extreme ease in Nigeria. According to a press release by the founders, “The importance of cryptocurrency cannot be over emphasised, its clearly the future of money and it has come to stay for as long as anyone can imagine....

The joint company will have its official base at the city of Sveta Nedelja, near Zagreb, the capital of Croatia. Stephan Winkelmann, who has been the President of Bugatti will move to his new role as the CEO of Lamborghini. While the new joint company will be led by none other than Mate Rimac, the founder, CEO, and ideologist of Rimac Automobili. The 33 year old CEO will be in good hands as Oliver Blume, chairman of Porsche, and Lutz Meschke, deputy chairman and CFO, will be joining the supervisory board of Bugatti Rimac....

Every year, thousands of candidates from around the world are proposed and assessed according to rigorous selection criteria. Only the very best candidates are selected and all efforts are extended to create a truly representative body. Reflecting the diversity of stakeholders, the Young Global Leaders include leaders from politics, business, civil society, academia, and arts and culture across seven geographic regions.

As long as you practice safe torrenting, you have nothing to worry about.

CANAL+ Group is thus pursuing its development strategy in Rwanda, a country where it has been present for 10 years, with a subsidiary CANAL+RWANDA established in 2020. Indeed, in addition to its commercial activities, the Group aims to launch soon an entertainment TV channel 100% in Kinyarwanda that will promote all Rwandan talents and productions. This acquisition allows CANAL+ Group to significantly strengthen its audio-visual activities in Rwanda by benefiting from a large content offer of more than 500 hours of new films and TV series produced per year and a catalogue of 700 hours, all in Kinyarwanda....

Canon has made its VR debut and has revealed several new features. As the name indicates, the DUAL FISHEYE is a lens with an extremely small focal length: just 5.2 mm for a maximum aperture of f/2.8. The two “eyes” of the Canon lens are 60 mm apart and capable of shooting images and movies in VR180 format, or at 180°. Although the DUAL FISHEYE has the distinctive red border of Canon lenses, it should be noted that it is presently only compatible with the EOS R5....

The group’s total income rose by 33.7 per cent to Sh15.8 billion. The first of a five-year ‘Centum 4.0’ strategy in which the company is focused on building a strong, debt-free balance sheet, enhancement of liquidity and cash generation by the portfolio companies. According to the Centum Group CEO James Mworia, “the performance sets a strong foundation for the remaining four-year strategy period, especially after the company announced the repayment of all its medium and long-term debt within 14 months of commencement of the new strategy....

It is expected that in due course, Sidian will be merged with Access Bank’s subsidiary in Kenya to create a stronger banking institution positioned to servethe Kenyan market. The completion of the transaction is subject to receipt of customary regulatory approvals in Nigeriaand Kenya.Sidian is a leading SME and trade finance bank that has grown its Balance Sheet by over 70% from KES 19 billion in December 2012 to KES 43 billion as of March 2022 after Centum’s investment....

Following his recent endorsement as Brand Ambassador for Nigeria’s No 1 Car website, Folarinde Falana a.k.a Falz The Bahd Guy last week, received a branded KIA Rio as part of the juicy endorsement package for his services to the technology company. This was presented at a quiet ceremony by the company’s General Manager, Mrs. Tomi Hodonu. Cheki.com.ng is the highest ranked vehicle online destination in Nigeria, boasting of approximately 80,000 vehicle listings on the site at any given time, over 45,000 visitors daily and 1....

Objectives that ClinicPlant plans on working on. Boost profitability for the farmers, farm workers or consultants. The modern technologies will enhance all this. ClinicPlant provides the best agricultural practices, disease control and improved crop production techniques.Taking note of the robustness of the crops. With use of 3G smartphone, you can take a picture and send to Clinicplant.They are always ready to help. The crop is analyzed and the detailed report data is offered....

The company has opened its doors to 16 countries across the African continent that include South Africa, Uganda, Tanzania, Kenya, Rwanda, Zimbabwe, Zambia, Nigeria, Ghana, Ethiopia, Côte d’Ivoire, Senegal, Cameroon, Botswana, Mauritius and the Democratic Republic of Congo and is on a mission to bring about digital disruption using the power of the cloud. ‘“To win, not only in our first year as Cloudmania but also our first year in Ethiopia is an incredible feat and a testimony to the strength of our team and our value to partners....

There was over 500 applications from across the continent and on the 17th of April, the Vice President, Prof. Yemi Osinbajo announced the four companies selected into the incubation program. Over the next 12 months, Co-Creation Hub will be working with each company and using their resources to help them gain significant traction, access funding and guide them on the path to building a sustainable business. The latest additions to our incubation program are: Identity Tech – a cloud-based service that gives its clients access to an array of tools for customer experience Management which includes: visitor management, queue/service management, customer survey management and a biometric solution for staff attendance, thereby eliminating the use of pen and paper, and making it possible to analyse data in real time and over a long period of time....

A move that will improve the lives of Ugandan consumers and put them on the map of global digitization. Already, Copia boasts of a network of over 38,000 agents and small shopkeepers who serve as order and delivery points across Kenya and Uganda. Copia Global launched its operations in Uganda in May 2021 and since then has served over 35,000 customers and fulfilled over 250,000 orders in its one-year period of operations....

Regulation of Cryptocurrency A significant concern for the cryptocurrency business is regulation, according to Jeffrey Wang, America’s director of Amber Group, a Canadian crypto-finance firm. “Clear regulation is something we would appreciate.” In September, China declared that all currency transactions were banned within the country’s borders, thereby putting a stop to any crypto-related operations. Meanwhile, Securities and Exchange Committee Chairman Gary Gaultier has made numerous comments on the role of both his agency and the Financial Services Authority in policing the industry....

That’s according to the latest market insights announced today by International Data Corporation (IDC) which showed that portable PC shipments declined 9.4% to 2.7 million units, while desktop shipments fell 10.0% to 1.6 million units. “Currency fluctuations were one of the main causes of the market’s decline slowdown, with key markets such as Nigeria, Turkey, Egypt, and Algeria all being hit,” says Fouad Charakla, research manager for personal computing, systems, and infrastructure solutions at IDC....

Didi has investments in both Bolt and Taxify in the region. The new JV headquartered in Abu Dhabi, with an aim to promote sharing economy and internet consumer services in the region, is likely to see Didi invest in many more local internet companies. The agreement was signed at the UAE-China Economic Forum, which was organized by the UAE Ministry of Economy and co-hosted by the Ministry of Commerce of the PRC....