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Staff Writer

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Flipping the switch: is decarbonisation possible for Africa?

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How Mukuru is reshaping aid disbursements, payroll and bulk commercial payments

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Winners of Africa Women Innovation and Entrepreneurship Forum (AWIEF) Awards 2024

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Africa Datacenters & Cloud Days to propel continent’s tech infrastructure

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The Board of Directors of NCBA Bank Kenya PLC has announced the appointment of Ms Rebecca M. Mbithi, a former CEO of Family Bank, as an Independent Non-Executive Director of NCBA Bank Kenya PLC with effect from 1st December, 2024. Ms Mbithi is a lawyer and accountant with more than 24 years’ experience 19 years of which in business management, having served in senior leadership positions at the Kenya Tea Development Agency Limited (KTDA), Rift Valley Railways Kenya Limited, Rift Valley Railways Uganda Limited, and Family Bank Limited where she rose to the position of Chief Executive Officer. Ms Rebecca Mbithi was Managing Director and CEO of Family Bank for five years between 2019 and November 2023 after rising from the position of Company Secretary. Ms Mbithi currently serves as a Director and Consultant on the Board of Across Frontiers Global Li
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Former Family Bank CEO Rebecca Mbithi Joins NCBA Bank Kenya Board

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Solarise Africa and RUBiS Energy Kenya Partner to Launch RUBiSOL

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CNN Academy’s New ‘Micro-Documentaries’ Sound the Climate Alarm for Global

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Mawingu has raised KSh 1.9 Billion ($15 million) of debt and equity financing to enable this expansion into East Africa. The Africa Go Green Fund (“AGG”), managed by Cygnum Capital, will provide KSh1.4 Billion ($11 million) of long-term senior debt. This is supported by an additional KSh0.5 Billion ($4 million) investment from InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and from Dutch Entrepreneurial Development Bank FMO. This acquisition will enable the company to replicate its wins in Kenya, into Tanzania and East Africa. The primary objective is to scale Mawingu’s affordable home Internet proposition to underserved communities in East Africa by acquiring and growing ISPs in the target markets.
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Mawingu Acquires Tanzanian ISP Habari for Kes1.9 Billion

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Future Construkt Secures CMA Nod for REIT Management in Kenya

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Airtel Money Kenya has signed a partnership with Naivas Supermarket that will allow Airtel Money customers to deposit and withdraw cash across Naivas branches countrywide. The deal is part of Airtel Money’s proactive strategy to expand its agent footprint and get closer to the customer, which heightens the competition for customers with Safaricom’s M-Pesa. Speaking during the signing ceremony, Airtel Money Managing Director, Ms Anne Kinuthia-Otieno, said the partnership, will significantly bolster their ongoing efforts to enhance access to financial services for their customers through their Mobile Money platform. “Today marks a significant milestone for us, as we join hands with Naivas Supermarket to bring enhanced convenience to our customers,” said Ms. Anne Kinuthia-Otieno. “This partnership underscores Airtel Money’s commitment to expanding our reach and ensuring that our services are easily accessible. By offering cash deposit and withdrawal services at Naivas branches nationwide, we are not only strengthening our presence but also reaffirming our dedication to providing seamless and affordable financial solutions through our Mobile Money platform,”
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Airtel Money partners with Naivas

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