Executive Appointments at I&M Group

The Board of Directors of I&M Group PLC has today announced the appointment of Mr. Kihara Maina to the position of I&M Regional CEO which will come into effect in the new year.  His appointment to the Group role subject to regulatory approval will follow the end of his tenure as CEO of I&M Bank Kenya. At the same time, the Board has announced the appointment of Mr. Gul Khan as the new I&M Bank Kenya CEO subject to regulatory approval. Mr. Gul Khan has over 23 years of international financial services…

Poor Access to Energy Slowing down Development in Africa

A multi-stakeholder meeting taking place in Kigali, Rwanda has today disclosed that seven in ten people living in the rural areas in the Sub-Saharan Africa have no access to electricity leading to slow down in achieving development goals. According to participants drawn from across Africa and attending the Renewable Energy and its Accessibility, without electricity, delivery of the region’s development ambitions as captured in Africa Union’s (AU) agenda 2063, including realization of the goals of the African Continental Free Trade Area (AfCFTA) will not be possible. As much as it…

Lg Launches Ultragear Gaming Monitors With World’s First 240Hz OLED Panel

LG Electronics has become the first company to unveil an ultra gear gaming monitor with the world’s first 240hz OLED panel. The panel is among LGs latest lineup of premium UltraGear™ OLED gaming monitors (models 27GR95QE and 45GR95QE) to be exhibited at the CES 2023 beginning next month. Speaking while announcing the new product, LG Electronics senior vice president and head of the IT business unit of LG Electronics Business Solutions Company Seo Young-Jae said, “ Featuring our industry-leading display technologies, these purpose-built monitors boast the speed needed for competitive gaming as…

SAMSUNG SEES SIGNIFICANT ADOPTION OF FOLDABLE SMARTPHONES AS ENTERPRISE DEMAND DOUBLES

Samsung Electronics Ltd announces the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year. From January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105% compared to the same period in 2021. With foldable smartphone shipments expected to reach 16 million units worldwide, an increase of 73% year on year, the form factor is rapidly becoming mainstream, and shipments are expected to grow to 26 million units in 2023. The ease…

Launch of the Africa Health and Economic Transformation Initiative (AHETI)

The Jesuit Justice and Ecology Network – Africa (JENA) unveiled today the Africa Health and Economic Transformation Initiative (AHETI). The newly unveiled initiative will be formally launched at an upcoming conference organized by JENA, the Africa Afya conference taking place on 11th and 12th January 2023 at Kigali Convention Centre, Kigali, Rwanda. The conference will bring together a wide range of stakeholders whose collaboration is essential for promoting equitable access to affordable, effective and quality medicines through increased local pharmaceutical production. AHETI’s efforts are mainly driven by an ethical imperative…

DTB opens its 67th Branch at Sarit Centre as part of its expansion drive

Diamond Trust Bank (DTB) has today opened a new branch at Sarit Centre in Westlands, Nairobi, in a bid to extend its reach to more customers across the country. The new branch at the Sarit Centre is the 67th to be launched after the bank launched two more branches last month at Greenspan Mall and Likoni Mall in Nairobi and Mombasa respectively. “We are keen on expanding our presence within Nairobi and more so in Westlands which serves as a business hub for the city. This new branch will enhance banking…

Uber is the official mobility partner for the Nairobi Festival

Uber has announced that it will be the official mobility partner for the inaugural Nairobi City Festival taking place at the renovated Uhuru Park from 12 – 17 December 2022. Through this initiative, riders will not only have access to enhanced in-app safety features but will also receive a discount of 30% on each Uber trip to and from the festival. Uber recently introduced two new products that are perfect for passengers travelling to and from the festival: The first is Uber XL which is perfect for groups of up…

SAMSUNG Sees Significant Adoption Of Foldable Smartphones As Enterprise Demand Doubles

Samsung Electronics Ltd announces the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year. From January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105% compared to the same period in 2021. With foldable smartphone shipments expected to reach 16 million units worldwide, an increase of 73% year on year, the form factor is rapidly becoming mainstream, and shipments are expected to grow to 26 million units in 2023. The ease…

Kenyan to deepen telemedicine access with growing 5G footprint

The health sector in Kenya is poised for higher usage of telemedicine including remote diagnosis and treatment as the country expands its national 5G network footprint. With a ratio of one doctor for every 5,725 people, against the World Health Organization’s recommendation of 1 for every 1,000, technology is expected to bridge this shortage and improve access and the speed of treatment even as additional medical facilities are set up. Speaking when he visited the Huawei stand at the Kenya Innovation Week, President William Ruto noted that innovative applications of…