Kenya Power Launches Nationwide Smart Meter Initiative to Combat Power Cartels

Kenya Power initiates a Smart Meter project to counter power cartels and calls for local meter manufacturers to supply over 200,000 Smart Meters. The power supplier seeks to enforce the “Bottom Up Economic Transformation Agenda” while expressing concerns over budget cuts affecting last mile connectivity. Kenya Power has launched a significant nationwide effort to combat…

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Nigerian President Seeks Senate Approval for $8 Billion External Borrowing to Bolster Infrastructure and Services

Nigerian President Bola Tinubu has called upon the Senate to approve an external borrowing plan amounting to almost $8 billion. These funds are intended to support vital sectors like infrastructure, health, education, and security. Nigeria, grappling with economic challenges due to decreased tax revenue and oil exports, is looking to bridge the financial gap and…

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Why do many startups fail?

Back in 2012, I was participating in a competition of young startups and entrepreneurs who were presenting their ideas before a panel. There was this very enthusiastic and smart guy amongst us who seemed very excited and confident about his product. He had made a shoe which could charge your mobile battery. It produced electricity…

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Kenya Receives Ksh.11.4 Billion from EU to Boost Green Transition and Digital Inclusion

The EU has signed a deal with Kenya to support its development in environmental sustainability, good governance, and peace and stability. The funds will be used to implement the Global Gateway, a partnership that aims to foster sustainable development, security and prosperity. Kenya has secured a grant of over Ksh.11.4 billion (72 million Euros) from…

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Kenyan Regulator Refuses License Renewal for Bolt Over Alleged Breaches

The National Transport and Safety Authority (NTSA) has declined to renew Bolt’s operating license, citing violations including excessive commission charges and an “illegal” booking fee. The regulator’s decision could affect Bolt’s operations as it aims to expand in Kenya. Kenya’s transport regulator has denied Bolt a license renewal, claiming violations of transportation network regulations, including…

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Safaricom Fails to Halt Intellectual Property Infringement Case Amid Plans for Similar Product

Safaricom’s bid to suspend the hearing of an intellectual property infringement case, where innovator Peter Nthei Muoki and Beluga Ltd allege the telco copied their idea, has been denied by High Court Judge Josephine Mong’are. The case, scheduled for October 31, centers on Muoki’s claims for compensation and royalties, with Safaricom facing potential payment of…

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Kenyan Government Suspends WorldCoin Amid Data Privacy Concerns

The Kenyan government has suspended the operations of WorldCoin, a blockchain project co-founded by Sam Altman of OpenAI, over concerns regarding data privacy. Kenyan government has suspended the operations of WorldCoin, a blockchain project co-founded by OpenAI’s Sam Altman, due to concerns over data privacy. The suspension comes as thousands of Kenyans queued up to…

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