Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

TUKO.co.ke has emerged as the Top Digitally Fit News Agency and Service of 2023, securing the title at the Digitally Fit Company of the Year awards. The accolade recognises TUKO.co.ke’s outstanding achievements and commitment to digital excellence in the ever-evolving landscape of news and media. Jacob Otieno, Managing Editor of TUKO.co.ke, expressed his enthusiasm for the recognition, stating, “This award is a testament to our team’s hard work and dedication. TUKO has always strived to stay at the forefront of digital innovation, delivering news and information to our audience in the most engaging and accessible manner possible. Winning the Top…

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The African youth and women stand to greatly benefit from the technological boom and educational improvements facilitated by the African Continental Free Trade Area (AfCFTA), directed towards improving the productive sectors of the economy, which will be instrumental in the development of employable skills. This was revealed during the African Economic Research Consortium’s (AERC) 59th biannual plenary session of the biannual research workshop held Monday, with a focus on the importance of job creation and poverty reduction on the continent. The session themed Youth, Demographic Dividend, Migration, and Economic Opportunities in African Economies was a culmination of research by leading academics…

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OpenAI announced on Wednesday that its co-founder, Sam Altman will resume his role as CEO.  The company said that a new board, consisting of Bret Taylor, Larry Summers, and Adam D’Angelo, had reached a deal with Altman, who was ousted just days ago.  The announcement was made on X, the social media platform. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this.…

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Ms Caroline Wanjihia has been named Bolt’s Regional Director for Africa and International Markets (Middle East, Asia and LATAM). Her appointment reflects Bolt’s commitment to optimise its operations, fostering growth, and investing in local talent in the region. Ms Wanjihia will lead and oversee Bolt’s existing and new operations and initiatives, including regional expansion. Ms Wanjihia said, “I am honoured and excited to join Bolt. Africa has immense potential, and I believe ride-hailing services can reshape how people travel, connect, and access opportunities.” Ms Wanjihia has over 15 years of experience in strategy, business development, and operations. She has worked…

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The world has changed significantly in the 21st century, and so have our teenagers. Today’s adolescents are growing up in an era of rapid technological advancement, complex societal issues, and unprecedented access to information. To connect with and support these young minds, it is crucial for parents and educators to understand their unique challenges and adapt communication methods that produce the best outcome. The first step in understanding and connecting with teenagers is acknowledging their world. Their exposure to technology and information presents diverse challenges, such as cyberbullying, increased academic pressure, mental health concerns, and exposure to a variety of…

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Flutterwave has announced the departure of its Chief Financial Officer (CFO), Oneal Bhambani, who joined the company 18 months ago from American Express. Bhambani shared his decision to leave Flutterwave on LinkedIn on Tuesday, thanking the company for the opportunity to scale payments across Africa.  “Thank you to Flutterwave for a seat on its journey to scale payments across Africa. I wish everyone at Flutterwave the best and I will be rooting for you. Last week, I made the difficult decision to end my tenure at the company,” wrote Bhambani. Flutterwave disclosed to TechCabal that Bhambani has decided to pursue new opportunities…

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