Author: Muindi

Samsung’s 2025 foldable smartphone series introduces three distinct models—the Galaxy Z Flip 7, the Galaxy Z Fold 7, and the more accessible Galaxy Z Flip 7 FE. Each device features upgraded hardware, advanced AI tools, and improved durability, all running on the new One UI 8 (Android 16) platform. Pre-orders begin July 9, with general availability starting July 25. Model Comparison Table Feature Galaxy Z Flip 7 Galaxy Z Fold 7 Galaxy Z Flip 7 FE Main Display 6.9″ FHD+ AMOLED, 120 Hz 8.0″ QXGA+ AMOLED 2X, 120Hz 6.7″ FHD+ AMOLED, 120Hz Cover Display 4.1″ Super AMOLED, 2600 nits 6.5″ FHD+ AMOLED 2X,…

Shareholders of Equity Group Holdings Plc, during the company’s 21st Annual General Meeting, approved the establishment of a representative office in the United Arab Emirates (UAE)—a strategic move that positions Equity as the first Kenyan bank to expand into the Middle East. The UAE office will serve as a regional hub to facilitate trade, investment, and diaspora banking services between East and Central Africa, the Gulf region, and broader markets in India, Central Asia, and South Asia. The expansion is subject to regulatory approvals from the Central Bank of Kenya and the UAE authorities. As Group CEO Dr. James Mwangi…

Nairobi-based Peach Tech, the innovative force behind Peach Cars, a digital marketplace revolutionising used car transactions in Africa, has raised $11 million in a Series A funding round. Led by Suzuki Global Ventures (SGV), the venture arm of Suzuki Motor Corporation, the round signals strong confidence in Peach’s mission to build trusted infrastructure for car ownership across the continent. Strategic Global Backing Fuels Expansion The funding round attracted a powerful consortium of investors, including Japan Bank for International Cooperation (JBIC), The Gogin Capital Co., Ltd., and returning investor UTEC (The University of Tokyo Edge Capital Partners), which made a super…

The Capital Markets Authority (CMA) has indefinitely suspended trading in the shares of TransCentury Limited (TCL) and its subsidiary, East African Cables, to protect investors. This follows Equity Bank’s seizure of both companies last week over an unpaid debt of KSh 4.74 billion. “Notice is hereby given of the suspension in trading of TransCentury PLC and East African Cables PLC shares, following the placement of TransCentury PLC under receivership and East African Cables PLC under administration, with the appointment of George Weru and Muniu Thoithi of PricewaterhouseCoopers Limited as joint receivers and managers, effective 20 June 2025,” the CMA stated…

Kenyans in the diaspora sent a record-breaking $440.1 million (Sh56.9 billion) home in May 2025, marking the highest monthly remittance figure for the year, according to the Central Bank of Kenya (CBK). This surpassed the previous peak of $427.4 million (Sh55.2 billion) in January 2025. Key Remittance Trends Monthly Growth: May’s inflows increased by 4.1% from April’s $422.9 million (Sh54.7 billion). Annual Surge: For the 12 months ending May 2025, remittances totalled $5.03 billion (Sh650.6 billion), up 11.6% from $4.51 billion (Sh583 billion) same period of 2024. The United States accounted for 57% of May 2025 remittances, per CBK data.…

Beginning June 21, Qhala and a coalition of partners are launching a week-long initiative to embed artificial intelligence (AI) in education systems across Kenya and select African countries. The event, Africa AI Week 2025, will run from June 21 to 28 and feature teacher training sessions in Nairobi, Nakuru, Kilifi, Kisumu, and Mt. Kenya, as well as in Zambia, Senegal, Togo, and online. This year’s theme, “AI in My Language, My Classroom, My Future,” underscores a movement to democratize AI literacy at every level of Africa’s education ecosystem. The initiative aims to build long-term capacity and embed responsible, African-led AI education directly…