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Bankelele

@bankelele

Chats on banking, finance, investing, aviation & motorsports in Africa. Blog on hiatus: https://bankelele.co.ke Podcast: Motor Life F1.

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14.11.2024
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Latest posts by Bankelele @bankelele

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Economics isn’t nature’s enemy — it’s an ally. 🌍 Nature delivers 3–4x returns, but without data, investors won’t fund it. We can now track change every 10 days at 10m resolution - and communities should be able to visualise this.- Prof. Jacquie McGlade, Strathmore Uni #GCTDF2026

05.03.2026 07:38 👍 1 🔁 0 💬 0 📌 0
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Women are praised for passion in conservation but excluded from capital, tech and strategy decisions, and this weakens results. Involve them in shaping systems and conservation outcomes become stronger, smarter & more sustainable - Arnolda Shiundu, Kenya Wildlife Trust #GCTDF2026

02.03.2026 13:57 👍 1 🔁 0 💬 0 📌 0
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Jasmin Bauomy speaks at the Africa Media Festival in Nairobi on how journalists can work in grey zones - by shifting shapes, using forensics, time travel, or jokes to tell truths (e.g. Gado & Zapiro) - and stay safe, get funding, and win awards. #AMF2026

26.02.2026 10:00 👍 0 🔁 0 💬 0 📌 0
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The Global Conservation Tech & Drone Forum 2026 is coming to Nairobi & Konza this March — bringing together the people using drones, data, and bold ideas to protect wildlife and restore ecosystems.

Spots are limited. Register now www.gctdf.org #GCTDF2026

21.02.2026 14:15 👍 0 🔁 0 💬 0 📌 0
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Nairobi launch 🇰🇪 of the Africa Youth Employment Clock by the World Data Lab, with Mastercard Foundation and the Uni of Cape Town, tracks how youth employment is evolving in 54 African countries, where progress is stalling, and where to intervene. africayouthjobs.io

10.02.2026 07:56 👍 0 🔁 0 💬 0 📌 0

Epstein has broken Twitter this weekend, every timeline post is about the new emails and pics.

01.02.2026 13:25 👍 2 🔁 2 💬 0 📌 0

When literary giants struggle, the system is broken. Meja Mwangi faced financial hardship, and Ngũgĩ wa Thiong’o confessed he couldn’t live on book proceeds alone - Prof. Egara Kabaaji calls on Kenyan publishers to pay writers what they deserve. #inthepapers

31.01.2026 10:45 👍 1 🔁 1 💬 0 📌 0

Within a few months of a strategic review, South Africa’s Nedbank has sold its 21% shareholding in Ecobank and moved to acquire a 66% stake in NCBA for East African expansion.

23.01.2026 07:25 👍 0 🔁 0 💬 0 📌 0

If you buy a phone for an elderly/rural relative, check it at least once a year. They unwittingly get stuck with bloated apps, hidden videos, loan apps & pricey ringback tones that drain data, airtime and slow the phone. Update it, disable auto-downloads, and show them good tips.

15.01.2026 16:45 👍 0 🔁 0 💬 0 📌 0
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Guide to Somalia and Somaliland A guest post by anonymous* Getting There: There are now quite a few flights that operate on the Nairobi-Mogadishu route. Some of th...

Observations recounted by a traveller who made almost-simultaneous business trips to Somaliland and Somalia in 2013.

27.12.2025 21:48 👍 2 🔁 0 💬 0 📌 0
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The Tusker Export “Festival of Darts” aired on Kenyan television in the 1990s.

19.12.2025 10:53 👍 2 🔁 0 💬 1 📌 0
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No More Papaya Rules: Victor Seii on Music, F1’s Mid-Season Madness, and Africa’s Race Hosting Dreams | ML F1 Ep 19 Motor Life F1 Podcast · Episode

Top Motor Life F1 Podcast episode of 2025 is with musician and producer Victor Seii who chats about making songs for Safaricom, the Kenya Tourist Board and Tusker Project Fame - and his deep knowledge of Formula 1 racing.

05.12.2025 05:20 👍 2 🔁 0 💬 0 📌 0
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An art movement built on ancestral wisdom "How are the children? How are the cattle? Is it raining?" Filmmaker Jackie Lebo discovered the meaning of this traditional greeting when she and nine other artists explored Turkana, an isolated part of Kenya where the discovery of oil has disrupted pastoral life. Through film, photography and music, she and musicians Elizabeth Korikel and Eddie Grey share the deep cultural roots of art — and highlight the true connectedness of humanity.

An art movement built on ancestral wisdom (Jackie Lebo | TED2025) go.ted.com/Zk6wP via @TEDTalks

03.12.2025 17:17 👍 2 🔁 0 💬 0 📌 0
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AFRICA INVESTMENT FORUM : Un miroir aux ambitions Chaque édition de l’Africa Investment Forum (AIF) affiche la même promesse : « mobiliser le capital africain » pour financer les infrastructures, l’énergie et la transformation du continent. Mais d’une année à l’autre, le discours se répète davantage qu’il n’évolue. Le mantra de la “mobilisatio...

Africa doesn’t need more feel-good forums; it needs action through updated prudential rules, truly bankable projects, and continental mechanisms to channel local savings into the real economy.

02.12.2025 08:16 👍 1 🔁 1 💬 0 📌 0

Ads by Kenyan banks committing to align with the Central Bank's reference rate as a base (+ premium) for new Kenya shillings loans, adjust existing loans to comply with it by March 2026 and publishing rates (calculated to include all loan fees) as an #APR.

28.11.2025 09:06 👍 0 🔁 0 💬 0 📌 0
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Blow for OpenAI in Germany as court rules song lyrics used illegally A German court ruled on Tuesday that OpenAI violated copyright on nine popular songs in a lawsuit that marked another attempt to prevent the free use of artists' content online. The Munich Regional Co...

Open AI loses copyright case in Germany.

Judge Elke Schwager summarized the case saying that if you want to build something and need components, "then you purchase them and do not use the property of others."

14.11.2025 14:49 👍 7619 🔁 2780 💬 58 📌 322

Really wild how all these Harvard scientists and mathematics guys constantly talked about how Jeffrey Epstein was this brilliant, "misunderstood" man and then you read his emails and he's clearly a barely literate lecher, extremely easy to understand

12.11.2025 20:27 👍 7260 🔁 1102 💬 129 📌 65

Jeune Afrique's "The Africa Report" ranks the most dynamic African financial institutions (banks & insurance) in 2025. Four Nigerian banks are in the top 10, ahead of South Africa's "Big Four". CIB, Ecobank, KCB, and Equity also feature. www.theafricareport....

06.11.2025 19:06 👍 0 🔁 0 💬 0 📌 0
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As we learnt in Europe, without local capital, you won't build a strong market. Africa has its capital in banks, insurers, pensions, and in phones – create solutions using ambitious regulations that foster trust, innovation, and growth - Jeune Afrique's Amir Ben Yahmed #AFIS2025

03.11.2025 13:28 👍 2 🔁 0 💬 0 📌 0
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Official opening day of the $1 billion Grand Egyptian Museum.

Grateful to CIB Kenya Bank for the preview of the #GEM.

Now, on to bring back treasures from Western museums to their home.

01.11.2025 08:57 👍 2 🔁 0 💬 0 📌 0

Nice talk you gave at BIEA today.

10.10.2025 15:11 👍 0 🔁 0 💬 1 📌 0
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This week, Lusaka, Zambia, hosts the fourth replenishment round (ADF-17) meetings of the AFDB's African Development Fund that benefits Africa’s lowest-income countries. #ADF17

06.10.2025 17:39 👍 1 🔁 0 💬 0 📌 0

Nominations open for the #AFIS2025 Awards to be presented at the Africa Financial Summit in Casablanca. Categories are African Banker, Insurer, Central Bank Governor, African Disrupter, African Woman in Finance, and African Fund. Send picks to awards@afis.africa by 15 Oct.

16.09.2025 14:30 👍 0 🔁 0 💬 0 📌 0
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🌍 Unlocking Africa’s AI Future: The Launch of Qubit Hub in Nairobi A new chapter for Africa’s digital future began with the launch in Nairobi of Qubit Hub – an AI hub that will provide free compute… | Limo Taboi 🌍 Unlocking Africa’s AI Future: The Launch of Qubit Hub in Nairobi A new chapter for Africa’s digital future began with the launch in Nairobi of Qubit Hub – an AI hub that will provide free compute power and a collaborative space for researchers, governments, developers, and startups to build tools tailored to Africa’s needs. Qubit Hub is the product of a partnership between Qhala, Angani Limited, and Amini AI, and it embodies a bold vision: giving Africa the resources and talent it needs to compete in a field where the continent currently has less than 1% of the world’s GPU capacity. 🔑 Key themes from the launch: ·       African-first infrastructure: “For global players, Africa is just 2% of their exposure. For us, it’s 100%,” said Riyaz Bachani, CEO of Angani. With locally available storage, compute power, and datasets, Qubit Hub wants African innovators to bring their ideas home, where they can grow. ·       Building blocks for innovation: Muthoni Karubiu, COO of Amini, highlighted that the lab’s APIs, data sets, and compute allocations are designed to be building blocks for others to create practical solutions to challenges shared across the Global South. ·       A long journey realized: Dr. Shikoh Gitau, CEO of Qhala, traced Qubit Hub’s origins back three years to early support from then-ICT Cabinet Secretary Joe Mucheru. She emphasized the need for datasets relevant to Africa’s health realities—malaria, HIV, dengue, sickle cell anemia—that global models often overlook. ·       Continental collaboration: Speakers from Lesotho, Egypt, and Kenya’s diaspora stressed cross-border research, ethical AI, open data, and diaspora-backed investments. The warning was clear from Ambassador Isaiya Kabira, the Secretary for Investments and Entrepreneurship at Kenya’s Ministry of Foreign and Diaspora Affairs.: if Africa doesn’t invest now, today’s digital divide will become tomorrow’s AI divide.  ·       Applications in finance, media, and society: o   Joe Mucheru, now President of Jumo, showed how AI has revolutionized lending models, cutting default rates while scaling access to $1.5 billion in loans. o   Nation Media Foundation unveiled plans with Qhala to turn 66 years of archival content into an AI-powered knowledge base for Africa, providing fact-checked context and research tools for the future. o   Cheryl Akinyi from Open Society Foundation announced the IDIA Fellowship to build a pipeline of female AI leaders, addressing the current 22% female representation in the field. 🚀 Why Qubit Hub matters: Africa’s talent is not in question—what’s been missing is access to infrastructure, data, and opportunity. Qubit Hub promises to bridge that gap. From health to agriculture, trade to media, the hub is positioned to unlock tools and research that are not only locally relevant but globally impactful. As one speaker noted, “There’s no reverse gear on AI. The question is not whether we use it, but how we ensure Africa shapes its own AI future.”

Unlocking Africa’s AI Future: The Launch of Qubit Hub in Nairobi.

11.09.2025 11:42 👍 2 🔁 0 💬 0 📌 0

The power of compounding interest for young investors - if you are 25 and save Kshs 5,000 a month (in a fund that earns 8% a year), you will retire with Kshs 11.5 million (from contributing 2 million) - a message from the Zamara Vuna AGM. #GenZ

29.08.2025 07:13 👍 0 🔁 0 💬 0 📌 0
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Zelensky's White House Return, Newsom Trolls Trump, and Guest Co-Host Abby Phillip

Multinationals are used to operating in free and less-free countries, dancing with democrat and strongmen, and will adjust to a White House house that demands loyalty and control - Abby Phillips on @pivotpod.bsky.social open.spotify.com/episode/6srO...

22.08.2025 17:59 👍 0 🔁 0 💬 0 📌 0

Two major financial events are scheduled to take place in Morocco in November: The Africa Financial Summit (AFIS) in Casablanca (November 3-4) and the Africa Investment Forum @aifmarketplace 2025 Market Days in Rabat (November 26-28).

18.08.2025 09:05 👍 0 🔁 0 💬 0 📌 0
$156M Sun King Securitization to Deliver Solar for Over a Million Kenyans Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. Learn more today.

Sun King closes a Kshs 20 billion ($156M) securitization, the largest in Sub-Saharan Africa outside SA, to bring pay-as-you-go solar kits and devices to 1.4 million Kenyans. The deal was arranged by Citi & Stanbic and backed by 5 banks & 3 DFIs. www.citigroup.com/gl...

31.07.2025 12:32 👍 0 🔁 0 💬 0 📌 0

Sent a postcard last week to a friend after we had made a pact to use the postal system.

29.07.2025 00:40 👍 0 🔁 0 💬 0 📌 0

In 2012, Africa got $250M from VCs, last year, it was $3 billion – 10x growth shows ecosystem & entrepreneurs have developed, but it's still 2% of global VC funds. Showcasing more exits by local investors means fewer will speculate on land - Andreata Muforo #DiasporaDialogues2025

22.07.2025 17:46 👍 0 🔁 0 💬 0 📌 0