Johnson & Johnson Launches Africa Innovation Challenge 2.0

Saturday, August 8, 2026

Home Authors Posts by Special Correspondent

384 POSTS 0 COMMENTS

http://www.hustlemag.co.ke

Executive Corner

Johnson & Johnson Launches Africa Innovation Challenge 2.0

Special Correspondent - November 8, 2018

Executive Corner

Launching Islamic Corporation for the Development of the Private Sector (ICD)’s...

Special Correspondent - November 7, 2018

Executive Corner

General Electric trains more than 100 radiology professionals on latest medical...

Special Correspondent - November 7, 2018

Executive Corner

M-PESA Empowers Kenyans to Send and Receive Money Across The World

Special Correspondent - November 7, 2018

Executive Corner

Jambojet to add new Bombardier Q-Series to their fleet

Special Correspondent - November 7, 2018

Executive Corner

Ecobank Academy works to enhance Africa’s health systems through financial and...

Special Correspondent - November 7, 2018

Executive Corner

Safaricom’s True Value Rises to 12 percent

Special Correspondent - October 31, 2018

Executive Corner

Foreign Domestic Investment (FDI) into Africa rises, and Morocco joins South...

Special Correspondent - October 30, 2018

Executive Corner

Securing the smart energy revolution in Africa

Special Correspondent - October 30, 2018

Executive Corner

Running without charging: Hanergy Offers New Solar-powered Express Delivery Cars

Special Correspondent - October 30, 2018

1...567...39 Page 6 of 39

MOST POPULAR

Binance (https://www.Binance.com), the world’s leading cryptocurrency exchange, highlights the progress it continues to make in strengthening compliance and regulatory excellence, reinforcing its role as a pioneer in building a safer and more transparent crypto industry. Over the past years, Binance has invested significantly in enhancing its global compliance framework by expanding its teams, systems and controls that align with evolving regulatory expectations across its key markets. These ongoing efforts are designed to support responsible innovation while ensuring that user protection, financial integrity and market transparency remain at the core of the platform’s operations. Leading with Robust Compliance Measures Binance has implemented a multi-layered compliance program that includes advanced transaction monitoring, stringent Know Your Customer (KYC) protocols, and continuous enhancements to its anti-money laundering (AML) systems. These efforts are designed to protect users, prevent illicit activities, and ensure adherence to evolving regulatory requirements across jurisdictions. Building the Future of Crypto with Advanced, Measurable Compliance Over the past several years, Binance has built one of the most robust compliance programs in the digital-asset industry, combining world-class talent, advanced monitoring technology, and strong partnerships with regulators, law-enforcement agencies, and independent analytics providers. These programs include rigorous onboarding and KYC controls, sophisticated transaction monitoring systems, sanctions screening, behavioral analytics, and a dedicated global compliance team of more than 580 professionals, supported by more than 970 employees in compliance-related roles across customer-service, technology, and product teams. The results of these efforts are measurable: Binance’s direct exposure to illicit activity has dropped by 96% between January 2023 and June 2025, while its capacity to detect, report, and help disrupt financial crime continues to grow. Specifically, sanctions-related exposure reduced dramatically and is now marginal (from 0.284% in January 2024 to just 0.009% in July 2025, a 96.8% decrease). This progress reflects daily collaboration with authorities, independent research, and the lived experience of serving over 300 million users safely, demonstrating how modern crypto compliance works in practice and underscoring Binance’s ongoing commitment to transparency, regulatory excellence, and a safer financial ecosystem. Noah Perlman, Binance Chief Compliance Officer, "At Binance we’ve built a system that doesn't just react to threats, it anticipates them. A 96% reduction in illicit exposure is a testament to our infrastructure and the 1,500+ professionals working behind the scenes to protect our 300M users." Driving Industry-Wide Standards Binance’s leadership team emphasizes that compliance is a shared responsibility and that the company actively engages with regulators, policymakers, and industry partners to foster a collaborative environment. This engagement helps shape balanced regulations that support innovation while safeguarding users and the broader financial system. Transparency and User Protection Transparency remains a cornerstone of Binance’s compliance philosophy. The company regularly publishes updates on its compliance initiatives and welcomes dialogue with the community and regulators. By maintaining high standards, Binance ensures that users can trade with confidence on a platform that prioritizes security and integrity. National Cybercrime Units Collaborations Binance responds to tens of thousands of law-enforcement requests each year. In 2025 alone, Binance responded to more than 71,000 law enforcement requests and assisted in confiscating over $130 million in illicit funds. Binance supports agencies such as Europol (https://apo-opa.co/4coJAx9), INTERPOL (https://apo-opa.co/4b0FCIt), the DEA, the NCA, Homeland Security Investigations, and multiple national cybercrime units. These collaborations have resulted in the takedown of ransomware groups, darknet markets, human-trafficking networks, and financial-fraud rings. The value of our work has been repeatedly recognized by our global law-enforcement partners. Richard Teng, Binance co-CEO, "Our mission has always been to increase the freedom of money, but that freedom is only sustainable if it is built on a foundation of trust. By integrating compliance into our product DNA, we are proving that the world’s largest exchange can also be the most secure." Binance remains committed to building a secure, transparent, and trusted platform through ongoing investment in compliance, strong global partnerships, and independently validated results. Since its launch in 2017, Binance has focused on protecting users and supporting the responsible growth of digital finance, with measurable progress recognised by law-enforcement agencies and regulatory stakeholders worldwide.

Binance Reinforces Industry-Leading Compliance Commitment to Foster a Safer Crypto Ecosystem

April 8, 2026

Kenya Rugby Union Board and the Kenya Old Boys join Hands...

May 2, 2019

The United Nations Development Programme (UNDP), has signed a Joint Statement of Intent with the Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-PS.org) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) —both members of the Islamic Development Bank (IsDB) Group—introducing a new blended finance structure that leverages credit insurance to catalyze private investment in climate-smart sectors. This partnership will unlock capital for green small and medium-sized enterprises (SMEs) and support national efforts to achieve climate and sustainable development goals across the Arab States region. It will support financing across a broad range of sustainability-related areas, including climate change mitigation and energy transition, climate adaptation and resilience, sustainable water usage and governance, circular economy and management, sustainable agriculture and food systems and other green finance sectors. “Across our region, SMEs are the backbone of economies and helping them grow and innovate is critical to strengthening economic resilience and climate ambition,” said Abdallah Al Dardari, UN Assistant Secretary General and Director of UNDP’s Regional Bureau for Arab States. “Through this new partnership we will work closely with regional financial institutions to expand SMEs access to green finance, to accelerate inclusive, climate-resilient development in line with UNDP’s flagship Green Finance Platform.” In countries benefiting from the new partnership, ICD will provide financing facilities to partner banks and financial institutions while ICIEC will offer comprehensive credit insurance and risk-sharing solutions to encourage financial institutions to expand financing to green sectors, in addition to leveraging reinsurance partnerships to enhance the facility’s capacity and long-term sustainability. "By uniting ICIEC's risk mitigation, ICD's financing, and UNDP's development network, we are creating a scalable engine for green private sector growth,” stressed Mohammad Asheque Moyeed, Acting Director, Banking Department at ICD. “This partnership is our shared commitment to building a more inclusive and sustainable future for SMEs across our member countries." "Our role in this partnership is to unlock capital for the SMEs driving a greener, more diversified economy,” explained Yasser Alaki, Director of Business Development, ICIEC. “Through our credit insurance solutions, ICIEC provides the essential risk assurance that enables financial institutions to confidently channel financing toward this vital growth sector." Serving as a convener of the partnership, UNDP will facilitate linkages between financial institutions and SMEs engaged in its programmes and will coordinate joint efforts to mobilize resources to lower the cost of risk-sharing mechanisms.

New strategic partnership in the Arab States region to enhance access...

April 30, 2026

Facebook Marketplace comes to Kenya

October 12, 2020

HOT NEWS

Gadgets

BrighterMonday signs deal to help French businesses in Kenya hire the...

News

CBA LOOP TARGETS BUDDING ENTREPRENEURS WITH FINANCIAL ADVISORY SESSIONS

Feature

Superfoods: Unga Group re-launches Amana® range of nutritious consumer staple foods

Gadgets

Africa To Become World’s Digital Talent Outsource Powerhouse, GITEX GLOBAL Leaders...

EDITOR PICKS

S&P Global Ratings Confirms ShafDB’s Sustainability Finance Framework Meets International Green...

August 7, 2026

Airtel Money deepens support for small businesses with Bizna Wallet

August 4, 2026

THE 16TH EDITION OF MKTE SET TO ATTRACT RECORD 10,000 DELEGATES

July 29, 2026

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

March 23, 2018

EABL signs lease deal for office space in upcoming Garden City...

March 14, 2018

Facebook Introduces Messenger Rooms and More ways to connect

April 27, 2020

Special Correspondent

Johnson & Johnson Launches Africa Innovation Challenge 2.0

Launching Islamic Corporation for the Development of the Private Sector (ICD)’s...

General Electric trains more than 100 radiology professionals on latest medical...

M-PESA Empowers Kenyans to Send and Receive Money Across The World

Jambojet to add new Bombardier Q-Series to their fleet

Ecobank Academy works to enhance Africa’s health systems through financial and...

Safaricom’s True Value Rises to 12 percent

Foreign Domestic Investment (FDI) into Africa rises, and Morocco joins South...

Securing the smart energy revolution in Africa

Running without charging: Hanergy Offers New Solar-powered Express Delivery Cars

MOST POPULAR

Binance Reinforces Industry-Leading Compliance Commitment to Foster a Safer Crypto Ecosystem

Kenya Rugby Union Board and the Kenya Old Boys join Hands...

New strategic partnership in the Arab States region to enhance access...

Facebook Marketplace comes to Kenya

HOT NEWS

BrighterMonday signs deal to help French businesses in Kenya hire the...

CBA LOOP TARGETS BUDDING ENTREPRENEURS WITH FINANCIAL ADVISORY SESSIONS

Superfoods: Unga Group re-launches Amana® range of nutritious consumer staple foods

Africa To Become World’s Digital Talent Outsource Powerhouse, GITEX GLOBAL Leaders...

EDITOR PICKS

S&P Global Ratings Confirms ShafDB’s Sustainability Finance Framework Meets International Green...

Airtel Money deepens support for small businesses with Bizna Wallet

THE 16TH EDITION OF MKTE SET TO ATTRACT RECORD 10,000 DELEGATES

POPULAR POSTS

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

EABL signs lease deal for office space in upcoming Garden City...

Facebook Introduces Messenger Rooms and More ways to connect

POPULAR CATEGORY