Paul Russo, the Chief Executive Officer of KCB Group PLC, has been elected as the new Chairperson of the Kenya Bankers Association (KBA), succeeding John Gachora, who held the position since June 2021. This leadership change comes at a pivotal time for the banking industry, which is increasingly focused on expanding access to credit for […]
Paul Russo Elected Chairperson of the Kenya Bankers Association Read More »
Peach Cars, a Kenyan automotive tech startup, has secured $11 million in Series A funding to expand its operations and improve consumer confidence in Africa’s fragmented and informal used car market. The new funding follows its earlier $5 million seed and will support the company’s mission to create a transparent, customer-centric vehicle marketplace that simplifies
Kenya’s Peach Cars Secures $11 Million to expand its operations Read More »
Aldai Member of Parliament, Marianne Kitany, has urge the government to Swiftly develop a robust legal and ethical framework to govern the development and use of Artificial Intelligence (AI) technologies. This call follows growing concerns about the uncontrolled spread of AI and its potential to cause societal harm. Speaking during the presentation of a motion
MP Kitany Urges Swift Action on AI Regulation Amid Rising Risks Read More »
The East African Development Bank (EADB) has secured a $40 million loan from the OPEC Fund for International Development to drive regional development initiatives across East Africa. The East African Development Bank (EADB) is a regional development finance institution established to provide long-term finance for enterprises in East Africa to promote development and regional integration
EADB Secures $40M to Drive SMEs & Infrastructure Development Across East Africa Read More »
Microsoft’s AI for Good Lab, in partnership with the Wild Nature Institute, has launched an artificial intelligence tool to monitor wildlife, with a key focus on the increasingly endangered Masai giraffe found in Tanzania. Dubbed GIRAFFE (Generalized Image-based Re-Identification using AI for Fauna Feature Extraction), the AI tool analyzes unique coat patterns on giraffes, akin
Microsoft, Wild Nature Institute Launch AI tool to Monitor Wildlife Read More »
