The first successful acquisition by a traditional Search Fund in Africa
Africa Search Capital (ASC) (www.AfricaSearchCapital.com) has announced the acquisition of a majority stake in Falcon Security Hub (Falcon). The transaction, which culminates a 12-month search process for ASC, is the first successful acquisition by a traditional Search Fund in Africa.
Established in 2020 by Principal Yves Biyah, and supported by...
Facebook has announced the launch of Marketplace to 37 countries and territories in Sub-Saharan Africa, including: Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Central African Republic, Comoros, Democratic Republic of the Congo, Djibouti, Eritrea, Eswatini, Equatorial Guinea, Guinea, Guinea-Bissau, Gabon, Gambia, Ghana, Liberia, Lesotho, Malawi, Mali, Mauritania, Mauritius, Namibia, Niger, Republic of the Congo, Rwanda, Sao Tome and Principe,...
UBA Kenya Bank has partnered with the East Africa Law Society (EALS) to offer a payment solution through the UBA/EALS Prepaid Affinity Card.
The collaboration will enable 20,000 members of the Law Society to pay for their membership,transact and enjoy discounts at various establishments throughout the East African region.
According to UBA Bank CEO Chike Isiuwe, the lender will leverage its...
Little has partnered with Ola Energy to enable customers use Little Pay, a payment service within the Little SuperApp platform, to purchase goods and services at Ola stations.
The solution targets to cut down transaction cost for drivers and other users while at the same time boosting the war against the spread of Covid-19 through promotion of cashless payments.
In order...
Tea farmers in the Rift Valley and Western Kenya will enjoy increased pay for green leaf deliveries, as reforms in the sector continue.
This is after the Kenya Tea Development Agency (Holdings) Limited Board, approved increased monthly green leaf payments for farmers in KTDA's regions five, six, and seven.
The prices will go up by between Sh2 and Sh3, in what...
Kenya’s fastest-growing real estate company, Lesedi Developers, has swept the deck in two categories in the recently concluded Top Score Brands Real Estate Awards 2021 held at the Hilton Hotel.
The prestigious awards recognized Lesedi as not only the most consistent land selling and Subdivision Company, but also the most promising company in mid-plan affordable housing development in Kenya.
Speaking during...
Overall, 4 countries account for 85 million attacks, with South Africa being the most targeted
Kaspersky research highlights that malware is rife across Africa with various countries exhibiting strong growth in all malware types in the first half of 2021, when compared to the same period last year. This is a 5% increase in the region, as cybercriminals and hackers continue...
The United States International University-Africa has received a rare treasure trove of academic materials, including more than 10,000 textbooks valued at more than US$ 1 Million, from the outgoing Vice-Chancellor Professor Paul Tiyambe Zeleza.
The academic gift comprises Prof. Zeleza’s personal academic library featuring books, transcripts, research papers, journals, and conference reports collected over the last four decades from various...
Picture Caption:
Sanlam Life Insurance Principal Officer Mr Kevin Mworia (left) with Sanlam Kenya Group CEO Patrick Tumbo (centre) and Sanlam General Insurance CEO Caroline Laichena (right) at a past Sanlam Kenya event.
Listed non-bank financial services firm Sanlam Kenya PLC has announced that it has restructured its foreign currency-denominated loan into a local currency facility.
The disclosure made alongside its half-year...
Kenyan fintech startup Kwara has been selected for the Mastercard Start Path program.
Mastercard announced that Kwara is one of the 11 global startups selected to join the award-winning Start Path Program. The program is a springboard to help the best and brightest startups maximize their opportunity for success. During the six-month program, the startups will learn from Mastercard experts and explore co-innovation opportunities.
Cynthia Wandia, Kwara’s...
