Equity Bank has been recognized as the most loved banking brand by women in Kenya for the third time in a row, according to a recent survey conducted by IPSOS and BSD Group. The survey, which included over 1,000 adult women from all eight former provinces in the country, aimed to provide insights for Kenyan businesses on improving their engagement with consumers and bridging gaps between organizations and brands. Overall, Equity climbed one place to third behind M-PESA and Safaricom. Equity’s cemented position as the most beloved banking brand among women underscores the lender’s efforts to champion financial inclusion in…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenya is grappling with how to best regulate the rapidly evolving tech landscape. While platforms like Meta (formerly Facebook) offer immense opportunities for entrepreneurs and creators, concerns about online safety and responsible AI use demand clear policy frameworks. Meta’s global policy head, Sir Nick Clegg, highlighted the potential of open-source AI tools and their ability to empower local innovators. Meta’s president of global affairs and a former British deputy prime minister, Clegg, advocates for a nuanced approach to policy—regulating its impact on issues such as online safety and user rights. “My view is that the Northstar you (Kenya) should keep…
Digital insurance platform mTek has secured $1.25 million (Sh167.8 million) in funding from Verod-Kepple Africa Ventures (VKAV) and Founders Factory Africa (FFA). This investment will bolster mTek’s expansion across the Kenyan and wider East African insurance market. mTek leverages technology to simplify insurance access and aims to be the African insurance ecosystem’s leading platform-as-a-service (PaaS). The funding will also support mTek’s insurtech innovation. mTek CEO Bente Krogmann emphasized the importance of the partnerships, stating their goal to build “Africa’s No. 1 platform as a service for the insurance ecosystem.” They plan to collaborate with underwriters, regulators, and other stakeholders to increase insurance accessibility and create value for all parties involved. “We are now looking forward to further strengthening our strategic…
The Emirates Group is taking a strong stance on gender equality, making significant strides in empowering women within its workforce and championing their leadership potential. Celebrating Women and Launching New Initiatives To mark International Women’s Day 2024, Emirates highlighted its unwavering commitment to women through various initiatives: Empowering Women Leaders: Employees participated in talks by Liz Wiseman, a renowned leadership author, gaining valuable insights to enhance their leadership skills. Gender Balance Council Established: A dedicated council was launched to represent women employees, foster knowledge sharing, and advance gender balance. This council will oversee mentorship programs, professional development workshops, and outreach events designed…
Today, with 150 million startups worldwide and another 50 million launching annually, innovation and creativity are reshaping industries. However, roughly 1 in 5 startups fail in the first year because of various difficulties, from financial struggles to poor product-market fit. Recognizing this, OPPO actively engages with startups, providing essential support to help them navigate obstacles and bring their innovations to fruition. “At OPPO, we understand the diverse needs of startups. We offer comprehensive support, including funding, technology, and marketing, to foster their growth and extend the benefits of technology to more people. Through these strategies, startups such as AlpsenTek, HUAYI, and CloudSteth are expected…
Airtel Africa is considering an initial public offering (IPO) for its mobile money unit, Airtel Money. The potential valuation could exceed $4 billion. According to Bloomberg, the company is considering listing on stock exchanges like those in the UAE, London, and other European markets. However, a final decision has yet to be made, and the exact timing and valuation of the IPO remain unclear. In 2021, investments from TPG ($200 million) and Mastercard ($100 million) valued Airtel Money at $2.65 billion. Airtel Africa previously indicated an intention to take the unit public within four years of that time (2021). Airtel Africa…