Boomplay, Africa’s most extensive music streaming and download platform, has announced a partnership with Technology Company Telkom, enabling subscribers to enjoy more affordable music streaming and downloads on the Boomplay app. This partnership will make music more easily accessible to Kenyans, offering subscription packages that will enable Telkom users to access the over 75 million local and international songs on Boomplay for as low as Sh299 a month. This package will also give Telkom subscribers access to ad-free music and unrestricted downloads from artists such as Otile Brown, Nadia Mukami, Khaligraph Jones, and Nikita Kering, amongst other homegrown and international…
Author: Muindi
French private equity firm Amethis, and the International Finance Cooperation consortium, sold an estimated 30.0% stake in Naivas supermarket to IBL Group and other investors
Safaricom witnessed a decline in active subscribers in the first three months of this year according to the Communications Authority sector report for the first quarter. The decline has been attributed to the ongoing deactivation of unregistered SIM cards, a directive from the authority. Safaricom’s registered subscribers fell from 42.8 million in December last year to 42.4 million at the end of March, bringing the telco’s market share down marginally to 65.3 per cent from 65.8 per cent the previous year. Airtel Kenya, on the other hand, registered an additional 303,198 subscribers while Telkom Kenya registered no change in the number…
The startup was founded in December 2020 to offer ready-to-eat affordable meals.
Jubilee Holdings shareholders approve a total dividend of Ksh 1.1 billion for 2021
mTek, a digital insurance brokerage firm in Kenya, has secured KSh340 million ($3 million) commitment from an African-focused fintech platform, Finclusion Group. The company says it acquired the investment through debt and equity, which will accelerate its growth into the Kenyan marketplace through continual improvements to the platform and the Expansion of its customer base. mTek Chief executive Bente Krogmann said that the investment is a milestone for the organization and indicates pan-African investors’ confidence in the insurtech’s purpose, business model, and philosophy. “With this investment, we will be able to commence our Expansion within Kenya through 25 Finclusion Group…

