Author: Khusoko

In 2023, with $3.5bn raised from 547 deals, African venture capital (VC) experienced a significant downturn. Year-on-year, total funding and deal count declined by 46% and 28%, respectively. This downturn marks a critical phase in the developing and turbulent African VC journey. From challenges such as the COVID-19 pandemic and the collapse of Silicon Valley Bank to opportunities like the 2021 VC bull run, these events have collectively influenced African VCs to adopt a more cautious investment approach, resulting in more detailed due diligence. Due diligence represents a critical phase in the investment process, where investors examine various aspects of…

The Judicial Service Commission (JSC) has appointed Frida Boyani Mokaya as the new Chief Registrar of the Judiciary. This significant role, effective March 2024, marks a milestone in her career. She takes over from Amadi, who served for ten years from 2014. “The Commission shortlisted seven (7) candidates who were interviewed on Monday 18th March 2024. Following deliberation and careful consideration of the candidates based on merit, performance and suitability for the position, the JSC has appointed Hon. Mokaya Frida Boyani as the Chief Registrar of the Judiciary for a five-year term,” the appointment notice read in part. With over…

East Africa’s financial landscape rapidly evolves as traditional financial transactions steadily intertwine with the digital world. Among these digital frontiers, cryptocurrency trading emerges as a pivotal shift, drawing parallels with the wider adoption of online forex and commodities trading. This surge in digital finance offers unprecedented opportunities for East Africans, democratizing access to global markets and promising economic empowerment on an individual and societal scale. The Burgeon of Forex Trading in East Africa Forex trading in East Africa is experiencing a noteworthy rise, fueled by a unique combination of economic growth, technological adoption, and a youthful, tech-savvy population. Forex trading is…

Teenage years are a time of transition, growth and challenges for parents and children. As they progress in school, they face new academic, social, and emotional pressures that can affect their well-being and behaviour. While this stage might feel perplexing and challenging for parents, they play a crucial role in helping their children transition from childhood to adulthood. Parents often find it hard to understand and connect with their teenagers, who may seem distant, rebellious, and unnecessarily moody. However, effective communication is arguably the most effective strategy to help parents navigate the teenage years and support their children’s development. Most…

Regular eye examinations are as crucial as check-ups for any other disease. They help detect certain eye diseases, such as Glaucoma, that could adversely affect your eyes. Glaucoma is a disease that causes progressive and irreversible damage to the eye, slowly leading to blindness.  There is usually no warning or apparent symptoms to detect until marked irreversible loss of vision has occurred, leading to Glaucoma being described as “the sneak thief of sight.” The disease is usually associated with increased pressure within the eye. Once the pressure builds up to high levels, damage occurs to the optic nerve, which relays…

Habil Olaka, who has led the Kenya Bankers Association (KBA) for 14 years, has stepped down as CEO effective March 31, 2024.  The KBA Governing Council announced Raimond Molenje as acting CEO, effective April 1, while they search for a permanent replacement. John Gachora, KBA Governing Council Chairman, acknowledged Olaka’s exceptional leadership and the significant milestones achieved under his guidance. “Under Olaka’s leadership, KBA has continued to reinforce a reputable and professional banking sector that best supports Kenyans, who entrust their ambitions and hard-earned resources with its member banks,” KBA Governing Council Chairman and NCBA Bank Group Managing Director John…