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Twitter appoints Nigeria’s former finance minister Ngozi Okonjo-Iweala to its board

Twitter, Inc. (NYSE: TWTR) today announced the appointments of Ngozi Okonjo-Iweala and Robert Zoellick to Twitter’s Board of Directors (the “Board”) as new independent directors, effective immediately. Marjorie Scardino will be stepping down from the Board for personal reasons at the end of the year.

Okonjo-Iweala served as minister of finance and coordinating minister for the economy of Nigeria…

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Uber introduces Phone Number Anonymisation in Kenya to increase privacy

Uber has today announced the introduction of Phone Anonymisation in Kenya – a new feature designed to improve the way riders and drivers communicate. What does this mean? Now, when a rider and driver contact each other regarding a trip, both phone numbers will be anonymised – meaning that you will no longer see each other’s personal contact details.

It is not known if this will reduce stalking…

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Equitel partners with Alipay & WeChat to offer Kenyans new online payment services

Kenyan’s doing commercial services will soon be able to accept Alipay and WeChat payments thanks to a partnership between Equitel (Finserve Limited) and Red Dot Payment Limited, this is not surprising given the recent visit by Jack Ma, the founder of Alibaba, Chinese eCommerce giant who hinted of this move.

According to Finserve’s Managing Director, Jack Ngare, the partnership will see Kenyan…

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Microsoft acquires top software development platform GitHub

Microsoft acquires top software development platform #GitHub

After many speculations, Microsoft has confirmed yesterday in its blog to have made steps to acquire the world’s leading software development platform GitHub.

Microsoft states that developers will be at the center of solving the world’s most pressing challenges. However, the real power comes when every developer can create together, collaborate, share code and build on each other’s work. In all…

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SONY Not a well-known brand in Kenya rules the Court, KIPI will not register its trademark locally

A Kenyan court has ruled that the Japanese electronics giant SONY’s is not a well-known brand here, the judge thus reinforced and upheld the Registrar of Trademarks 2015 ruling that Sony Corporation had not provided sufficient proof that Sony is a well-known brand in Kenya.

Justice Francis Tuiyot made the findings in a suit Sony Corporation had filed against owners of Westgate Mall seeking to…

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#Sony #Trademark

Billionaire of Bitcoin Wallet Xapo wants to Invest in Kenyan Tech Company

Billionaire of #Bitcoin Wallet #Xapo wants to Invest in Kenyan Tech Company

44-year old Argentian born tech-preneur, Mr Wences Casares is in Nairobi to celebrate the Sh4.8 billion joint investment in Kenyan-owned digital payments firm Cellulant earlier this month by US firms Endeavor Catalyst and Rise Fundhas.

The founder and CEO of Hong Kong-based Xapo, a four-year old firm that also enables investors to spend their digital cash (bitcoins) via a debit card.

“My biggest…

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Bill to save Kenyans over-burdened by the fintech-fuelled credit lending craze

Bill to save Kenyans over-burdened by the #fintech-fuelled credit lending craze

Technology is a good thing, but it also comes with negative effects, Kenya is reputed as the as a pioneer of financial inclusion through its early adoption of a mobile money system such as M-Pesa that enables people to transfer cash and make payments on cell phones for the un-banked.

However, lenders using the same mobile money technology to offer credit services to the banked and unbanked may be…

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Microsoft, SEACOM launch Azure ExpressRoute Cloud Service for customers

Microsoft, SEACOM launch #AzureExpressRoute Cloud Service for customers

Microsoft, in partnership with SEACOM, has launched a cloud service that will allow customers to extend their on-premises networks into the cloud without going over the public internet. The service, dubbed Azure ExpressRoute, enables customers to create private connections between datacenters and infrastructure on their premises or in a cloud environment.

“We are excited about the added value…

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TPG Growth acquires stake in Kenya's Cellulant for $47.5 million

TPG Growth acquires stake in Kenya’s Cellulant for $47.5 million

Africa’s fintech industry has won another big gold mine investment score after the Rise Fund, an impact fund run by private equity group TPG Growth, made its African first, leading a $47.5m deal to buy an unspecified stake in digital payments provider Cellulant.

The deal, according to the Rise Fun, also included Endeavour Catalyst and Satya Capital, is the largest involving a fintech company that…

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#Cellulant #Fintech #Ken Njoroge #Startups

Breaking: Facebook Bans 200 apps that might have misused data like Cambridge Analytica.

Breaking: #Facebook Bans 200 apps that might have misused data like #CambridgeAnalytica.

Facebook through its VP of Product Partnerships By Ime Archibong, have announced the suspension of around 200 apps pending a thorough investigation into whether they did in fact misuse any data.

The company is in the middle of a data breach storm caused by the news that it allowed irresponsible data sharing with Cambridge Analytica resulted is suspensions of companies such as AggregateIQ and…

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Kenya's Chebet Lesan is the winner of CookStoves Woman Entrepreneur of the Year Award

Kenya’s Chebet Lesan is the winner of CookStoves Woman Entrepreneur of the Year Award

May 2, 2018, Lisbon — At the Sustainable Energy for All Forum today, The Global Alliance for Clean Cookstoves announced Chebet Lesan as the winner of its Woman Entrepreneur of the Year Award. The award program, in its second year, recognizes outstanding female leaders in the household energy sector who are advancing clean cooking solutions in emerging markets.

Chebet founded BrightGreen in…

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Fezile Dhlamini was rejected by Uber & Taxify ten times, It inspired him to launch Green Scooter in South Africa

Fezile Dhlamini was rejected by Uber & Taxify ten times, It inspired him to launch Green Scooter

Entrepreneurship is one of the biggest buzzwords in today’s vocabulary, almost every youth is looking to be the new Bill Gates, Steve Jobs or even nearer home Aliko Dangote, Strive Masiyiwa.

Rarely have such opportunities come by on a silver platter, some like the amazing story of our entrepreneur of the Month Fezile Dhlamini, the Founder and Managing Director of South Africa’s only Green Scooter…

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10 Top Tweets from the Edelman, Gina Din, 2018 Trust Barometer Study

10 Top Tweets from the Edelman, Gina Din, 2018 #TrustBarometer Study

The 2018 Edelman Trust Barometer revealed that trust in the U.S. has suffered the largest-ever-recorded drop in the survey’s history among the general population. Trust among the general population fell nine points to 43, placing it in the lower quarter of the 28-country Trust Index.

Trust among the informed public in the U.S. imploded, plunging 23 points to 45, making it now the lowest of the…

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Google to launch self-destructing emails in new Gmail

Gmail.com is doing a major first redesign in seven years, the new look will introduce a raft of features. With the new side panels for Google Calendar, Google Keep, and Google Tasks, inplace, the latest new feature is the long over due self-destructing emails.

“We’re working on some major updates to Gmail (they’re still in draft phase),” a Google representative said in an email. “We need a bit…

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Jumia flops into Ksh14 billion loss

E-commerce platform Jumia Group has sunk deeper in the red, posting a Sh14.9 billion loss before tax and other costs in the year ended December compared to Sh11.3 billion a year earlier. The companyblamed the loss on increased investment in the business.

In 2017, Jumia also reported a net loss of Sh12.4 billion for the year to December even as the business, which has operations in Kenya,…

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#Africa #E-commerce #Jumia #Kenya #Nigeria

TechCrunch’s Startup Battlefield is Coming Back to Africa

TechCrunch is headed back to Africa to find the next wave of early stage startups tackling big ideas!

Last October, TechCrunch held Startup Battlefield in Nairobi, Kenya and featured 15 early stage startups from across the continent. We’re impressed by the Sub-Saharan Africa startup scene and can’t wait to meet the next crop of innovators in the coming weeks.

You can meet Startup Battlefield…

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Facebook Kills AI Robot because it ‘invented its own language’

#Facebook Kills #AI Robot because it ‘invented its own language’

Facebook has reportedly killed an AI they invented after it taught itself a new language.

The artificial intelligence system being developed at Facebook created its own language an dwould probably have been unpredictable. It developed a system of code words to make communication more efficient. Researchers shut the system down when they realized the AI was no longer using English.

According to…

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