Quick Take: Microsoft Corp. and G42 Digital Investments in Kenya

Africa Internet

Microsoft and G42 announced a substantial digital investment initiative in Kenya, partnering with the Republic of Kenya’s Ministry of Information, Communications, and the Digital Economy.

The initiative, supported by an initial $1 billion investment arranged by G42, aims to enhance Kenya’s digital infrastructure, AI capabilities, and connectivity, fostering the region’s digital transformation and economic growth.

Research Note: Lenovo FQ4 2024 Earnings

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Lenovo Group announced its fiscal Q4 and full-year results for fiscal year 2023/24, showing a significant resurgence with a near 10% year-on-year revenue growth to US$13.8 billion in the fourth quarter.