operations
Global biometric technology company Identity.io is expanding its operations to Kenya and Nigeria. This expansion follows a broader trend of African nations implementing national digital identity systems. Company Expansion Identity.io, a global provider of biometric technology, has announced its expansion into both Kenya and Nigeria. The company specializes in automated biometric identification systems (ABIS) and […]
Bitfarms (BITF) is transitioning its legal base from Canada to the United States and will undergo a rebranding as Keel Infrastructure. This strategic shift marks a move away from bitcoin mining towards data center development focused on high-performance computing (HPC) and artificial intelligence (AI) workloads. The company announced the redomiciliation plan in a press release […]
Pizza Hut plans to close approximately 250 underperforming restaurants across the United States during the first half of 2026. This decision comes as parent company Yum! Brands Inc. (NYSE: YUM) continues a strategic review of the pizza chain. Yum! Brands disclosed the planned closures during its fiscal 2025 fourth-quarter earnings call, framing the move as […]
Koko Networks, a provider of ethanol cooking fuel, has ceased operations in Kenya. The closure impacts a significant number of employees and households that relied on the company’s products. The shutdown leaves over 700 employees without jobs and disrupts access to clean energy for hundreds of thousands of low-income families. Business Model and Carbon Credits […]
East Africa is rapidly emerging as a new battleground for Africa’s banking heavyweights, with Kenya at the center of an intensifying expansion race reshaping the continent’s financial landscape. In just one week, South Africa’s Nedbank Group revealed plans to acquire a 66 percent stake in NCBA, one of Kenya’s top lenders, while Nigeria’s Zenith Bank […]
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