Estonian taxi-hailing firm Bolt has selected Kenya’s capital, Nairobi, as its headquarters for Africa. The office at Riverside Drive will host top managers overseeing operations in seven countries, including; Kenya, Uganda, Tanzania, Nigeria, Ghana, South Africa and Tunisia. Bolt Regional Director and Interim VP for Rides, Paddy Partridge, noted that the investment significantly strengthened Bolt’s African presence. “This investment is strategic for us as it will enable us to run and coordinate operations seamlessly across Africa in an integrated manner. It also provides us access to the COMESA regional markets, which we are keen to expand. Africa, as a region, shares…
Author: Korir Issa
Absa Bank Kenya has partnered with financial and payment card company Visa to launch a domestic and cross-border remittance service dubbed Absa Visa Send Money. The service allows Absa debit and credit cardholders to transfer funds from their Visa Card accounts to any overseas or domestic Visa debit, credit, or prepaid cards via the Hello Money USSD and Absa mobile banking app. The maximum transaction value under the partnership is Ksh 1 million for domestic and international transactions. All transactions will be digital and facilitated via Visa Global networks, eliminating the need to go to a bank branch. “With the…
Telkom Kenya on Tuesday said it has partnered with Lipa Later, a Buy-Now-Pay-Later company, to offer Kenyans a financing solution to purchase smartphone devices. The solution will enable customers to purchase smartphones by paying over three months at 0 per cent interest and 12 months at 4 per cent interest with 30 days grace period and purchases of up to Ksh500,000 at any Telkom Shop countrywide. “Telkom is excited to announce this partnership as it speaks to our belief that access to Mobile Data is a fundamental human right. This is because of its strategic potential to address digital inclusion…
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