Author: Akin Naphtal

Microsoft has made a public announcement in the early hour and revealed Internet Explorer users will not be able to use it again on all devices. According to the company; We have permanently disabled the desktop version of Internet Explorer on certain versions of Windows 10, and updated its newer browser, Microsoft Edge,” stated. All other consumer and commercial devices that weren’t already redirected from Explorer to Microsoft Edge will also be affected, the company said. Now, when users attempt to access Explorer, they will be redirected to Edge. READ ALSO: Fortek, Codebase Technologies partner for Digibanc platform Central Bank…

During the Kenya Films and Classifications Board (KFCB)’s Digital Parental Literacy Programme held, Martha Conte, a mother of three admits to struggling with digital literacy. “Children are way ahead in the digital world,” Conte was quoted, a mother to an 18-year-old, 16 and 6-year-old. It is a fact that most parents like myself are very analogue in these digital times. “The six-year-old is smarter than I am when it comes to the digital world. It has even gotten to a stage where he changes screens so fast that I sometimes depend on the siblings to tell me what is going…

The African Development Bank has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi. This marks an important milestone for the Bank’s Coding for Employment program and its growing partnerships with higher education and technical and vocational education and training institutions. Representatives from Kenya’s Office of the President joined officials from United States International University-Africa and the African Development Bank Group for the opening ceremony held at the beginning of February. In a statement from the Bank’s Director General, for Eastern Africa, Nnenna Nwabufo, which was addressed by Hendrina Doroba, the…

US-based financial technology group FIS has said it will spin off Worldpay, the payments business it acquired for $43bn just four years ago, after it failed to successfully integrate the two companies. Formally known as Fidelity National Information Services, the company acquired Worldpay in 2019 to create one of the largest providers of financial infrastructure that underlie the bank payments sector. FIS had said hat the tax-free split it was pursuing would unlock shareholder value, contrasting arguments made when it combined the groups that “scale matters in our rapidly changing industry”. READ ALSO: Spectra Logic launches Cost-Effective Digital Archive Solution…

Spectra Logic, a leader in data management and data storage solutions, today announced a modern archive solution for organisations that must manage and preserve massive amounts of data for long-term retention purposes. The new solution, called Spectra Digital Archive, is powered by Spectra StorCycle®, an enterprise software designed to easily and cost-effectively archive data at scale. Spectra Digital Archive enables organisations to manage and archive terabytes to petabytes of unstructured data, digitally preserving that data on any combination of disk, tape and cloud, without sacrificing reliability or data availability. The Spectra Digital Archive solution provides policy-driven automation that scales to…

The National Bank of Kenya (NBK) has announced the appointment of George Odhiambo as the Managing Director. This appointment comes after the position was held in an acting capacity by Peter Kioko, the Finance and Strategy Director since June 2022. George Odhiambo is a seasoned banker and the outgoing MD of BPR Bank Rwanda Plc since its inception last year, following the merger between KCB Bank Rwanda Plc and Banque Populaire du Rwanda. He has previously held various leadership roles in banks both locally and internationally. George Odhiambo holds an MSc in Pure Mathematics and BSc in Mathematical Statistics from…

Ebo Richardson is an award-winning change catalyst and business leader, who has delivered digital, people, and process transformations for various organisations – large and small. His skill and passion is helping organizations of all kinds to maximize their technology, digital, people and brand-related investments, and he has a verifiable track-record of co-creating sustainable stakeholder value, enabling growth, and delivering cost and operational efficiency. In his 24 years cross-industry experience in both developed and emerging markets, he has delivered large-scale transformations, managed critical business operation hubs, built functions from scratch, delivered high-performing teams, and developed top peer-group performers and new leaders.…

One of the UK’s most active private equity firm Maven has said its North East division invested £15m in 2022 and secured an additional £17.5m in private sector finance. In the North, East Maven provided financial support to 18 companies in sectors including tech, green energy, deep tech, manufacturing and support services. It marks a record year of investment for Maven in the North East since it first opened offices in the region in 2017. “The North East continues to be a region full of opportunity for venture capital investment and the depth of talent and level of innovation across…

In an effort to accelerate digitization and boost entrepreneurship in Africa, Ghanaian financial platform services provider Fortek has entered into partnership with Codebase Technologies for its Software-as-a-Service (SaaS) Digibanc platform, as it looks to provide “affordable, accessible and transparent” digital financial services on the continent. Fortek plans to leverage the open API banking solutions provider’s Digibanc platform to “augment” its existing services and support new fintechs, banks and start-ups in their go-to-market capabilities for new digital services including instant lending, regulatory reporting, payments and buy now, pay later. It’s hoped the partnership will “accelerate digitisation” and boost entrepreneurship in Africa,…

Despite the challenging economic conditions in the fintech industry and global markets, Klarpay has established a solid foundation and implemented its business model to achieve results. According to the company, Klarpay experienced steady growth throughout the year, derived from strong demand for its services, closing the year with more than 120 corporate clients. The company reached monthly profitability only six months from launch in August 2022 and sustained this until the end of the year to close with an overall substantial annual profit. Speaking on the success, Martynas Bieliauskas, CEO and Co-founder of Klarpay said; “We are thrilled to have…