Tech News
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Crypto Firms Oppose Sh10 Million Fine in New Kenya Regulation Bill
Cryptocurrency firms in Kenya have voiced strong opposition to provisions in the proposed Virtual Asset Service Providers (VASP) Bill, 2025, which would introduce heavy penalties and stricter compliance requirements for digital asset businesses. At the centre of the outcry is a clause that would impose a fine of up to Sh10 million or jail terms…
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Safaricom to Invest Sh66 Billion in AI Infrastructure Across East Africa
Safaricom has unveiled a bold $500 million (KSh66 billion) investment plan to develop and expand artificial intelligence (AI) infrastructure across East Africa over the next three years, in a bid to transform the region’s digital landscape. Announced during the Connected Africa Summit in Nairobi, the initiative is poised to revolutionize digital connectivity and open up…
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Investors Urged to Stay Vigilant Over Rising AI-assisted Cloning Scams
The Investment Association (IA) has sounded the alarm over a surge in “cloning scams,” a sophisticated form of fraud where criminals impersonate legitimate investment firms by creating nearly identical websites, emails, and social media profiles to trick consumers into transferring funds. According to the IA’s latest report, there were 478 cases of investment firms being…
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Huawei, Equity and OUK Partners to Open ICT Academy At Konza
Huawei Kenya, Equity Group Foundation, and the Open University of Kenya (OUK) have inaugurated the Huawei ICT Academy at Konza Technopolis. This initiative aims to equip over 10,000 learners with essential digital skills, aligning with the nation’s Digital Superhighway agenda under the Bottom-Up Economic Transformation Agenda (BETA). The academy, situated within Kenya’s premier smart city,…
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Kenya’s Roam Ranked Top E-Mobility Firm in Africa
Electric mobility firm Roam has emerged as the highest-ranked e-mobility company in Africa and the top-performing Kenyan company on the latest Financial Times list of Africa’s fastest-growing firms. Roam, based in Nairobi, posted an 86.4 percent compound annual growth rate (CAGR) and a 547.8 percent jump in revenue between 2020 and 2023. This placed the…
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Workonline Launches New Internet Hub at iColo Nairobi
Workonline Communications has set up a new internet hub at iColo’s NBO1 data centre in Nairobi, advancing its expansion drive across East Africa. The POP, which strengthens internet scalability, redundancy, and resilience in the region, comes at a time when Kenya’s internet penetration has reached 48 percent, with over 27.4 million users recorded in early…
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MTN Profits Jump as More People Use Data and Mobile Money
Telecoms giant MTN has posted a strong quarterly performance for the period ended 31 March 2025, driven largely by a surge in data and fintech revenue. According to the company’s latest quarterly update, group service revenue rose by 10.4 percent marking a 19.8 percent increase on a constant currency basis. The growth was supported by…
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Digital Payments in E. Africa: Are We Too Confident to Stay Safe?
In an increasingly digital world, convenience is everything. From mobile money to contactless cards, East Africans are embracing digital payments at record speeds. But with this digital growth comes an invisible threat and it’s one many of us might not see coming, even when it’s right in front of us. That’s the warning from Charles…
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Why Banks Oppose Creation Of New Real-time Fast Payment System
Kenya’s financial sector is witnessing an intense battle over the future of digital payments, with the Central Bank of Kenya (CBK) pushing for a new real-time Fast Payment System (FPS) while banks and private sector players push back with alternative solutions. CBK’s goal is to introduce an interoperable system that allows instant money transfers between…
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Smartphone Adoption Surges Ahead Of Feature Phones in Kenya
Smartphones have now surpassed feature phones (mulika phones) in usage in Kenya, marking a pivotal moment in the nation’s digital evolution. This development is poised to influence various sectors, including communication, commerce, and education. The CA data shows that of the 37.4 million devices in the country, smartphones take the lead with a penetration rate of…
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Why TikTok Is Not Paying Kenyan Creators —Monetization Explained
In a move that has left many Kenyan content creators frustrated, Chinese social media giant TikTok has revealed it has no immediate plans to monetize African creators, including those in Kenya. Despite the platform’s successful rollout of monetization features for creators in the Americas and other regions, TikTok remains tight-lipped about when—or if—it will extend…
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Wowzi: How Friends Built A Company That Connect Creators With Brands
In 2020 Mike Otieno together with his two friends decided to start Wowzi, a company to help content creators to build a following and make money creating content. The company connects creators with brands, enabling them to reach customers in an authentic way through content creators. “Wowzi is a platform that connects influencers and social…
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Kenya To Legalize Cryptocurrencies After Years of Ban
Kenya has finally lifted the blanket ban on cryptocurrencies after nearly 10 years. Treasury Cabinet Secretary (CS) John Mbadi said the move is aimed at spurring innovation in the finance sector and tap into opportunities presented by crypto industry. The Treasury proposed a policy on Virtual Assets and Virtual Asset Service Providers which seeks to…
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How AI Customer Support in Kenya is Transforming Businesses
Key Takeaways The race to take advantage of Artificial Intelligence (AI) by businesses is taking shape. However, it’sstill slow owing little knowledge on how to tap into this revolutionary technology which has thecapability to improve efficiency, safety and cutting costs. Customer support is as old as business itself from the barter trade era to e-commerce.…
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The Future of Fintech in Africa: Innovations, Challenges and Opportunities
Financial Technology (Fintech) has revolutionized the world economy in incredible ways. With AI, Fintech is itching for exponential change that will overhaul how monetary transactions are undertaken. In Africa many fintech companies have sprouted as the continent begins to fully embrace technology. What are fintechs in Africa Fintechs are softwares that seeks to make financial…
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How AI Is Impacting Jobs And Ways To Stay Relevant
At a Glance For years technology has been the agent of change in the world, transforming all sectors in unprecedented ways. However, Artificial Intelligence (AI) is taking the job market by storm, threatening to render many skills useless. While there are many benefits associated with AI and automation of systems, it’s likely to put many…
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