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Karen Serem Waithaka

Karen Serem Waithaka

She is a prominent figure in Africa’s venture capital and investment sector.

She is currently serving as the Chief Investment Officer at the Catalyst Fund.

With a remarkable 13-year career in managing venture capital funds and accelerators, particularly within the climate technology space, she has demonstrated a deep commitment to fostering innovation and sustainability.

Karen’s role at Catalyst Fund involves leading the end-to-end investment process, which includes sourcing, due diligence, and closing deals, as well as contributing to post-investment support of the portfolio.

She specializes in impact investing within the Private Equity and Venture Capital sector in Africa, showcasing her dedication to supporting startups in their nascent stages with a clear impact mandate.

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Francis Nderitu

Francis Nderitu

He is a Kenyan tech entrepreneur redefining the cold chain industry and transforming how perishable goods are distributed across Kenya.

Having grown up on a farm, he takes pride in supporting African farmers by sharing knowledge to maximize income and constructing efficient value chain solutions, leveraging technology to enhance the process.

He is the founder and managing director of Keep IT Cool (We are hiring) , a Kenyan company that provides cooling services and links supply to demand through a B2B e-commerce platform.

Keep IT Cool, supported by Google, introduces a cutting-edge cold chain-powered smart distribution platform.

This technology-driven solution provides proximity-based cold chain services to underserved fisherfolk and traders in East Africa, incorporating innovative business models and off-grid and on-grid cold chain solutions.

The platform is designed to minimize post-harvest losses and enhance market access.

Additionally, the platform contributes to environmental sustainability by cutting carbon emissions by 51% (69 tCO2e). This is achieved through strategies such as reducing food waste, deploying solar-powered coolers, and using hybrid trucks to enhance logistics in the fishery value chain.

By integrating smart technology and sustainable practices, Francis has addressed critical challenges in food distribution, ensuring that quality and freshness are never compromised.

His company’s innovative approach has not only improved the livelihoods of thousands, including fishermen and farmers but also set a new standard in the industry.

Francis’ contribution to food security in Kenya has earned him accolades and recognition on various prestigious platforms.

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Gregory Rockson

Gregory is a Ghanaian tech entrepreneur who dreams of increasing the availability and access to high-quality medicine in Africa.

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Lelemba Phiri

Lelemba Phiri is an award-winning Zambian-born educator, author, keynote speaker, and gender-lens angel investor.

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Microsoft ADC Launches WINS Mentorship Program to Empower Women in Tech

Key Developments

Microsoft ADC Launches WINS Mentorship Program to Empower Women in Tech

Microsoft Kenya’s Africa Development Centre (ADC) has launched the Women Inspiring and Nurturing Students (WINS) program.

This year-long mentorship initiative pairs 70 female Kenyan university students pursuing technology degrees with experienced women working at Microsoft.

The program’s launch coincided with International Women’s Day, highlighting Microsoft’s commitment to increasing female representation in the tech sector.

“We see a significant underrepresentation of women in technology fields,” said Catherine Muraga, Managing Director of Microsoft ADC.

“WINS aims to address this by providing mentorship and support to young women in tech, encouraging them to complete their studies and pursue successful careers.”

Muraga emphasized the importance of diversity in driving innovation. “WINS aligns with our broader diversity and inclusion goals,” she stated.

“By empowering women in tech, we contribute to a more inclusive industry and a brighter future for technology as a whole.”

The inaugural WINS cohort includes students from prestigious Kenyan universities like the University of Nairobi, Kabarak University, and Jomo Kenyatta University of Agriculture and Technology.

The program complements existing Microsoft ADC initiatives focused on women in tech, including campus tours, faculty development programs, and the Game of Learners challenge.

WINS signifies Microsoft’s dedication to building a more inclusive tech landscape in Kenya and beyond.

By investing in young women’s education and professional growth, the program paves the way for a more diverse and innovative future for the tech industry.

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Airtel Africa Breaks Ground on Landmark Data Center in Lagos

Key Developments

Airtel Africa Breaks Ground on Landmark Data Center in Lagos

Airtel Africa has officially begun construction on its first data center in Lagos, marking a significant milestone for the telecommunications giant.

The Nxtra by Airtel data center is a cornerstone of the company’s new data center venture, Nxtra.

This project is expected to generate over 1,000 jobs in Nigeria, with 250 permanent positions created upon completion.

The news was announced by Segun Ogunsanya, Group CEO of Airtel Africa, during a groundbreaking ceremony held in Lagos.

The state-of-the-art facility boasts a targeted capacity of 38 megawatts and will utilize high-density racks built with cutting-edge practices to achieve an impressive Power Usage Effectiveness (PUE) of 1.3. Completion is slated for the first quarter of 2026.

Ogunsanya emphasized the transformative nature of the Nxtra project for Airtel Africa, particularly in Nigeria, their largest market.

He highlighted Nxtra’s role in enhancing data sovereignty, security, and preservation across the continent. This initiative aligns with Airtel’s vision of establishing Nigeria as a central hub for digital service access.

Lagos State Governor Babajide Sanwo-Olu echoed Ogunsanya’s sentiments, suggesting the Nxtra project ushers in a new era for data control and security in Africa.

Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, also underscored the project’s potential to propel the nation’s economy and businesses in the coming era driven by Artificial Intelligence (AI) and data centers like Nxtra.

He emphasized the critical role data plays in Nigeria’s economic landscape, underlining the importance of investing in the digital economy and commending Airtel’s commitment to this vision.

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London Fintech Firm Unlimit Expands Payment Services to Tanzania

Key Developments

London Fintech Firm Unlimit Expands Payment Services to Tanzania

Unlimit, a London-based financial technology company specializing in cross-border payments, announced its entry into the Tanzanian market after receiving a license from the Bank of Tanzania (BOT).

This expansion follows similar moves into Nigeria and Kenya in 2023, solidifying Unlimit’s position as a major player in African payment solutions.

The new license allows Unlimit to introduce a range of services to Tanzanian businesses, including business payments, merchant services, and outbound payments.

This expansion aligns with Unlimit’s goal of eliminating financial borders globally. By integrating their proprietary payment infrastructure, Unlimit aims to streamline regional and international trade for Tanzanian entrepreneurs.

“We are thrilled to bring our advanced payment solutions to Tanzania,” said Trevor Goott, Director of Unlimit for Africa and India.

“Through our custom-built digital payment solutions, we believe we can significantly contribute to consolidating Africa’s fragmented payments landscape and fostering economic growth by empowering local businesses and entrepreneurs. We’re here for the long haul.”

Unlimit’s entry into Tanzania positions them to compete with established fintech companies like Flutterwave, Lemfi, Payday, and Grey Finance.

In a separate development, Unlimit announced a strategic partnership with Union Pay International (UPI) in November 2023.

This collaboration aims to accelerate the growth of Unlimit’s Banking-as-a-Service (BaaS) platform by allowing BaaS clients to integrate UPI cards into their offerings.

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