Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates. A hydro-powered crypto mining project based in …
Kenya
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Thousands of Somalis cross over to Kenya fleeing drought, insecurity
by Editorby EditorAs drought grips the Horn of Africa region, tens of thousands of Somalis are crossing over into Kenya in search of water and food for their families. According to the …
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AfricaAFRICA NEWSBusinessGhanaGlobal NewsHospitality, Travel & TourismKenyaMorroccoNewsSPORTTravel & Tourism
African countries urged to speak out against worker abuse ahead of Qatar World Cup
With just about two months before the 2022 FIFA World Cup begins in Qatar, calls have mounted for African countries to seek justice for their citizens who have worked in …
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EconomyInformation & TechnologyKenya
OPPO partners with Spotify for Customized Music Experience On ColorOS 13
Smartphone manufacturer, OPPO has announced a partnership with audio streaming platform Spotify to create an all-new easy and customizable music experience through its latest Operating System (OS), ColorOS 13. This …
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United Arab Emirates(UAE) has leapfrogged India to become Kenya’s second largest source market after China on the back of soaring oil prices, official statistics show. Provisional trade data on Friday …
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BusinessEconomyFood ProductionKenya
Fish imported from China hit Sh2bn and controls by 83pc of market
The value of fish imported from China grew by 25 per cent to hit a historic high of Sh2 billion last year amid rising disquiet from local traders who have …
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AfricaAFRICA NEWSBusinessFinance & ServicesGlobal NewsKenyaNewsNigeriaTechnology
Flutterwave prepares for initial public offering on Nasdaq Stock Exchange
Flutterwave, Africa’s fintech giant is preparing for an initial public offering on the Nasdaq stock exchange amid regulatory hurdles in its key markets. The Nasdaq stock market is an American …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEastern AfricaKenyaKenya NewsNewsNigeriaSpotlightTechnologyWestern Africa
Kenyan court freezes more money belonging to Flutterwave
A Kenyan High Court has frozen an additional sum of $3.3 million (Sh400.6 million) belonging to Nigeria’s fintech Unicorn Flutterwave over allegations of money laundering and card fraud. This comes …
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A seven-storey building in Nairobi leased out for nearly a decade to the ruling Jubilee Party was on Monday put up for auction, with the bank targeting raising Sh435 million …
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AfricaAFRICA NEWSBusinessFinance & ServicesINVESTMENTKenyaNewsNigeriaTechnologyWestern Africa
Nigeria’s fintech startup, Grey raises $2M in seed funding
Grey, a Nigerian fintech that provides virtual international bank accounts to Africans, has raised $2 million in seed funding. The seed funding round included participation from Y Combinator, Soma Capital, …