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HomeDaily NewsFriday, July 11, 2025Automobile and Engineering Initiatives in Kenya
Technology & Innovation2 stories from 1 sources

Automobile and Engineering Initiatives in Kenya

Safaricom hosts masterclass for 500,000 youth and Verto launches auto exchange for FX rates.

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Friday 9:30 AMTech ArenaFirst

Safaricom Hosts Automobile Engineering Masterclass for Over 500,000 Youth Across Kenya

Safaricom Hosts Automobile Engineering Masterclass for Over 500,000 Youth Across Kenya

Safaricom has hosted an Automobile Engineering Masterclass for over 500,000 youth, both in-person and online, aiming to provide mentorship and skills for future opportunities.

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Key Highlights

Safaricom has hosted an Automobile Engineering Masterclass for over 500,000 youth, both in-person and online, aiming to provide mentorship and skills for future opportunities.

  • Approximately 3,000 youth attended on-site at Nyeri National Polytechnic, with the rest participating digitally.
  • Key figure: Fawzia Ali Kimanthi, Chief Consumer Business Officer at Safaricom.
  • The program plans to certify 400 students in Automotive Engineering, focusing on both technical skills and topics like financial literacy.
Friday 9:58 AMTech Arena

Verto Launches Auto Exchange to Help Businesses Lock in Target FX Rates Automatically

Verto Launches Auto Exchange to Help Businesses Lock in Target FX Rates Automatically

Verto has launched an Auto Exchange feature aimed at assisting rate-sensitive customers in securing targeted foreign exchange (FX) rates without continuous market monitoring.

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Key Highlights

Verto has launched an Auto Exchange feature aimed at assisting rate-sensitive customers in securing targeted foreign exchange (FX) rates without continuous market monitoring.

  • Customers can set their desired exchange rate and trade amount for automatic execution when the specified Verto rate is reached.
  • Tomasz Bilakiewicz, Product Director at Verto, stated, “With Auto Exchange, businesses can set their parameters and trust Verto to execute automatically.”
  • The feature particularly benefits SME operators, freelancers, and fintech platforms by reducing real-time manual tracking and optimizing time.
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