Cyberattack recovery costs have outpaced insurance coverage according to a new report by online security solutions provider Sophos. The survey titled “Cyber Insurance and Cyber Defenses 2024: Lessons from IT and Cybersecurity Leaders,” shows that recovery costs from cyberattacks are outpacing insurance coverage with only one percent of those […]
The Mastercard Foundation has announced the appointment of Carole Wamuyu Wainaina to its Board of Directors. Wainaina brings 35 years of global experience in multinationals and multilateral organizations, with expertise in strategy, organizational transformation, and human resources. Wainaina currently serves as Senior Advisor to the CEO at Africa50 and […]
Global technology company Epson Corporation has announced plans to invest approximately KES 4.2 billion [5.1 billion Yen] in the construction of a new factory for inkjet printheads in Tohoku Epson. The construction of the factory that began on15th June, 2024, with completion targeted for September 2025. The investment in […]
TECNO Kenya, a leading provider of innovative smartphones, announced the grand opening of four new stores across Kenya: Machakos, Thika, Kitengela, and Nanyuki. This expansion brings TECNO’s total number of stores in Kenya to 17, solidifying their commitment to empowering Kenyan consumers with accessible technology across the country. The strategically […]
In an effort to meet the increasing demand for sustainable transportation solutions, electric vehicle leader Agilitee has introduced its latest innovation, the Agilitee LoadFast delivery scooters. Positioned as a symbol of African ingenuity, this off-road two-wheeler is specifically designed to align with Agilitee’s commitment to eco-friendly mobility. The LoadFast boasts […]
Salesforce, the global leader in AI CRM (Customer Relationship Management), today showcased the transformative power of its latest AI and cloud-based solutions to customers, partners and associates at Salesforce World Tour Essentials Johannesburg, held at the Kyalami Convention Centre in Midrand. Over 2 200 global and local leaders attended the event; demonstrating […]
Salesforce, the leading AI-powered CRM platform, announced significant expansions to its Einstein Copilot capabilities, introducing new features specifically designed for marketers and merchants. Einstein Copilot, Salesforce’s reliable conversational AI assistant, now supports daily marketing and merchandising tasks alongside its existing functionalities for sales and service. Salesforce also introduced tools for […]
Sophos, a global leader in cybersecurity solutions, announced today that Joe Levy has been appointed as the company’s chief executive officer (CEO), after serving as acting CEO since February 15. To support his strategic vision for Sophos, Levy has named Jim Dildine as the new chief financial officer (CFO) and […]
Visa, has announced the African Fintech Startups shortlisted from across the continent to participate in the second cohort of its Africa Fintech Accelerator program. As part of Visa’s work to unlock financial innovation across the continent, the biannual program offers 12 weeks of 1:1 mentorship and personalized training, providing seed to […]
By Fredrique Achieng In the age of rapid technological advancement, the conversation around sustainability has become more critical than ever. As our world becomes increasingly interconnected through the use of electronic devices, the issue of electronic waste (e-waste) looms larger, posing significant challenges to both the environment and the economy. […]