Tag Archives: Kenya
A new case study (http://APO.af/v5Wxdm) by the United Nations-based Better Than Cash Alliance (www.BetterThanCash.org) shows how agriculture nonprofit organizationOne Acre Fund (www.OneAcreFund.org), in partnership with Citi Inclusive Finance(www.CitiInclusiveFinance.com), successfully digitized loan repayments for farmers in Kenya. This move significantly boosted transparency and efficiency, driving economic opportunity and financial inclusion for thousands of smallholder farmers and their families.
Technological advancement is growing rapidly globally. In Africa, there is a continuous rise in digital spending and development. In West Africa, Nigeria and Ghana are clear examples of how individuals and cooperate agencies are using tech to solve problem. However, there is also a growing lack of efficient digital advertisement. As the population of mobile phone users grow across the continent, there is no such growth of digital advertisement. Majority of advertisement is till channeled through traditional media. In Ghana, the majority of Small and Medium Enterprises are more interested in traditional media as a mode of advertisement though they do not have the financial means to advertise on the platforms of their choice. Tech gurus with solutions to digital marketing are resorting to private clients to sell their services to them. This has contributed largely to the inefficiency of digital advertisement in Africa – there is a lack of institution to sell the services.
A pioneering East African audit and professional services firm is adding value to its services by automating processes and harnessing the cloud.
Africa presents a mixed foreign direct investment (FDI) picture – EY Africa Attractiveness report. Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016. Investment from the Asia-Pacific region into Africa hit an all-time high in 2016. According to EY’s (http://EY.com) latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
Kenya’s economy has continued to perform well, with real GDP growth reaching 5.9 percent in the first three quarters of 2016, up from 5.6 percent in 2015
As M-PESA turns 10, data shows 93% of WorldRemit’s money transfers to Kenya go to mobile money accounts
Forecast urges aviation sector stakeholders to open up the skies.
The KCB Foundation has launched a long-term project to grow livestock fodder using hydroponic technology in Kenya’s arid and semi-arid counties in a bid to drive up agricultural production in the regions.
Kenya has recorded steady growth in the Meetings, Conference, and Incentives industry, per a recent report by the Kenya Tourism Board (KTB). In 2016 alone, the MICE industry accounted for 13% of total international tourism arrivals; mostly consisting of business travellers. In 2015, the sector welcomed 117,630 tourists, recording a remarkable 14% increase on 2014 and marking a total contribution of 15.6%, of the total international arrivals for the year.