Samsung Targets Gamers With TV Innovation

The Gaming world continues to evolve and grow at a very fast pace. According to a statistic report by PwC, the market value of social online games in Kenya has been rising from approximately $34 million in 2019 to $55 million in 2022. The estimations have shown that this amount will increase by another 5% by 2023. These results can primarily be attributed to the pandemic, where gaming became a fun group activity, particularly for those looking to connect with others. These numbers greatly influenced the TV’s that Samsung Electronics…

Sound and Convenience Are What Makes LG XBoom Speakers Tick

Gone are the days when one would invest in mountainous speakers to get booming music that would threaten to bring the walls of a living room. With the need to save on space but maintain the best qualities of sound, LG XBoom was born. It was molded and crafted with the Meridian Sound Technology that makes it process and optimizes its sound, giving you a great and powerful sound to listen to. The XBoom is in such a way that it comes with a dual bass action (except for PL2)…

Five Kenyans among 100 Rise Global Winners

Schmidt Futures, in partnership with the Rhodes Trust, have today announced the second cohort of 100 Rise Global Winners, five of whom are Kenyans. Rise is a program that finds brilliant people who need opportunity and supports them for life as they work to serve others. It is the flagship program of Schmidt Futures and the anchor of a broader $1 billion philanthropic commitment from Eric and Wendy Schmidt to talent development across their initiatives. Rise collaborated with organizations such as NBA Africa, the HALI Access Network, KenSAP, and Akili…

KCB Group feted for scaling efforts in sustainable finance

KCB has been named the Best Bank in Sustainable Finance by the Kenya Bankers Association (KBA), in recognition of its efforts in creating a more sustainable business enterprise environment through its deliberate socio-economic interventions.   The Bank also emerged second Runners-Up in the category of Best Bank Response to Covid-19 pandemic.   The awards spearheaded by KBA under its Sustainable Finance Initiative (SFI) Catalyst Awards recognizes financial sector players for their commendable progress in creating long-term value by funding initiatives designed to mitigate the negative impacts of climate change, building a resilience socio-economic environment, and help build a more sustainable future for humanity.   The award comes at a time when institutions are being called upon to embrace sustainable practices by adopting the UN Sustainable Development Goals (SDGs) as a guide to assist in the attainment of reduced global net human-caused emissions of carbon dioxide by about 45 per cent by 2030.   To align, the Group has adopted 9 of the global goals, to ensure it creates the most impact to the environment, society, and economy. These are tracked through various key performance indicators that are championed by various businesses within the organization.   Speaking about this achievement, KCB Group CEO Paul Russo said, “We are privileged and honoured to be the top mover of the Sustainability Agenda. The win reinforces our commitment to building a brand that is not only focused on profits alone but on the customers and the communities we serve. At KCB, we acknowledge that we are in a decade of action that requires us to fast track our ambitions in achieving sustainable development by 2030.’   In line with the Groups adopted SDG 13 – Climate Action, we are aware of the effects our operations may have on the environment and life on earth. We are therefore stepping up our climate finance initiatives with strategic partnerships. These have been established through meaningful collaborations with the International Finance Corporation (IFC) and Global Climate Fund (GCF) to finance green economies that will aid in the mitigation and adaptation effects of climate change.   KCB Group has been accelerating sustainable finance not only in Kenya but  also across the region, consequently accelerating t h e  transition to a low-carbon resilient. Currently, the Group has set a target of transitioning 25% of its total loan portfolio to green investments by 2025, as part of its Net Zero ambition.

Taking the Gaming Experience to the Next Level with LG OLED Gaming Monitor

Gaming as we know it has changed. Each day comes with new trends, putting developers on their toes trying to catch up with the fast-changing tech world. The current gamer is not the usual one that we know. He/she is unique and wants to be treated as such. The current gamer is not one who just sits before a boring screen that strains their eyes and then purports to be enjoying just to fit. The current gamer wants not just quality but convenience that resonates with what he believes in…

Canon Inspires Learning And Creativity With The Launch Of Its Virtual ‘Canon Academy Video’ Platform

Canon Central and North Africa announced the launch of its revolutionary virtual film school called Canon Academy Video,’ aimed at providing filmmakers with a dynamic, interactive, and engaging educational platform. The company has remained committed to advancing educational and empowerment opportunities in Africa and has a myriad of initiatives and activities, including its pre-existing Canon Academy Photo (focused on the art of photography) and Canon Academy Juniors (focused on the advancement of children in the field of virtual arts). With this first of its kind, newly launched Canon Academy Video,…

KCB Group Shareholders Approve Proposed Trust Merchant Bank SA (TMB) Acquisition

KCB Group Plc shareholders have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB) during an Extra Ordinary General Meeting held today in Nairobi.  In August 2022, KCB Group Plc entered into a definitive agreement with shareholders of TMB to acquire the Bank. Under the terms of the transaction, KCB will acquire 85% of the shares in TMB while the existing shareholders will continue to hold the balance for a period of not less than 2 years after which KCB will have the right to acquire…

AfroAtlas Partners With Ethiopian Airlines For NDC Content Distribution

Ethiopian Airlines (ET) and Afro Atlas today announced their partnership to deliver ET’s New Distribution Capability (NDC) content that will offer modern and efficient convenient channels to travel partners in Africa and worldwide. The partnership will enable Ethiopian to expand its global NDC distribution with a particular focus on African markets and beyond. AfroAtlas’s innovative platform will enhance the digital distribution for ET’s NDC content and provide travel agents with more effective merchandising, access to rich content, and product personalisation. “We are very happy, as the leading aviation group in…

ESAK: Investments in the energy sector are a key to ensuring continuity of the sector

The energy sector is a crucial sector in any country’s economy. This is crucial because energy is a key component in powering various sectors, from manufacturing to retail to households. In Kenya the energy mix is made up of various sources of energy- renewable and non-renewable such as wind, solar, water and thermal. With this diverse portfolio there is need to firm up investment in this sector. “One of the reasons why investment in the energy sector is viable in Kenya is due to the immense potential in the sector.…

MentorMe Kenya Creates New Economic Prospects In Sub-Saharan Africa

German-based mentorship programme MentorMe has today announced its launch in Kenya, as part of a wider transcontinental initiative to unlock employment and entrepreneurship opportunities for young people in the country. MentorMe Kenya has partnered with the German Development Cooperation to offer an expansive network of mentors from both Germany and Kenya giving mentees access to an international outlook to the diverse sectors covered in the programme. MentorMe uses a matching software that enables the organization to match over 1000 mentors and mentees according to their needs and career growth requirements.…