Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in […]
Tag Archives: Nairobi
Funds to Accelerate Trust in Digital Commerce Ecosystem, as tappi Achieves 19% MoM Growth with $3M in Verified Consumer Transactions
Governments should create incentives for the production of well-located affordable housing that minimizes construction costs, enhances sustainability, and offers better mobility.
d.light, the global provider of transformational household products and affordable finance for low-income households, today announced a $30 million securitization facility has been successfully secured from the Eastern and Southern African Trade and Development Bank Group (TDB Group), with the capability to purchase up to $125 million of receivable assets.
Cohort participants from Kenya, Nigeria , South Africa, Egypt, Ghana, Uganda, and Cameroon 25 African fintech startups have been selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort. This cohort was selected from over 500 applications and is part of the EMEA Startup Loft Accelerator (SLA) program run by AWS. The pre-seed […]
The Kenya Plastics Pact has published a list of problematic and unnecessary plastic items to be eliminated in Kenya. This adds to the already existing Government’s plastic bag ban that came into force in 2017, and the ban on selected single-use plastic items in protected areas since June 2020. The priority list supports a collective plan to […]
Jiji, one of the most popular e-commerce sites in Kenya and the largest online classifieds in Kenya, has scooped the Mobile App of the Year, Shopping and E-commerce category. The award was presented to Jiji Kenya during the Mobile App and Summit Awards, 2021, which was held at the PrideInn, Westlands, on Friday, 10th December […]
This is off the back of the Home-Grown Solutions (HGS) Accelerator for Pandemic Resilience, an initiative that aims to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience The African Union Development Agency (AUDA-NEPAD), Japan International Cooperation Agency (JICA), African Export–Import Bank (Afreximbank) and Boston Consulting Group (BCG) held an event […]
The Continent Is Highly Vulnerable to Climate Change, However, and Needs Significant Global Investment to Adapt to Higher Temperatures, Build Low-Carbon Economies, and Create Local Green Employment African countries face major climate-related challenges, but at the same time they have the opportunity to achieve sustainable low-carbon economies, according to a new report by Boston Consulting […]
For a long time now, economy and the conservation of biodiversity seemed to be two different worlds. Not many CEOs or financial managers were able to explain how their company’s impact contributed to the loss of species, deforestation or the acidification of oceans. But times have changed. Today, trailblazing entrepreneurs understand that they don’t have […]
Kenya has long aimed to bring 100 percent of its primary students to high school. Over one million Kenyan students finished their primary school education in 2020, and all are expected to attend high school, but many factors continue to hold these students back. Many Kenyan parents are unable to pay for the school fees […]
African automotive company aims to increase its footprint across East Africa Nairobi, Kenya – Autochek, the automotive technology company that aims to facilitate auto finance across Africa, has officially widened its operations to Kenya as part of its pan-African expansion. To lead its Kenya operations, Autochek has appointed Bilhah Muriithi as the Country Manager. Having […]
Development Partners International (DPI), a premier investment firm focused on Africa, announced on 4th October that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. This brings a total of US$1.15 billion […]
An ambitious, new collaborative initiative to tackle plastics waste and pollution has today launched in Kenya. The Kenya Plastics Pact (KPP) will bring together stakeholders across the plastics value chain to create a circular economy for plastics. The Pact brings together businesses, governments, researchers, NGOs, civil society, informal waste sector players, and other stakeholders across […]
Written By Faizal Bhana, Director – Middle East, Africa, and India, Jersey Finance Family-owned businesses in East Africa have been instrumental to the socio-economic development of the region and a catalyst for the growth of the private sector. With a long multi-generational history, their focus has been on manufacturing industries, consumer goods, construction, and agriculture. […]
AM Best company has published a report on the overall state of Kenya’s insurance market and how price competition hinders its growth potentials. The key takeaways are challenging macroeconomic factors which are expected to abate from 2021, the successful execution of risk-based capital requirements that are strengthening the credit quality of market participants, and price […]
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African cities are quickly emerging as leading startup and investment hubs to watch. “Startups in Nigeria, Kenya, Egypt and South Africa […]
Plastic, plastic, plastic everywhere! Not a place you can turn to without being greeted by the sight of plastic. Plastic is a doubled edged sword. It is very much a part of our lives, being a packaging material for many of the products we consume and also being a primary or secondary raw material for […]
Sustainable Inclusive Business, the knowledge centre under the Kenya Private Sector Alliance (KEPSA) Foundation, in partnership with TheRockGroup, a sustainable consultancy firm, has published an industry report on Kenya’s efforts to transition to a more sustainable and circular economy. It was launched at the Africa Business Week by the Netherlands Enterprise Agency on Thursday May […]
By James Bayhack The COVID-19 pandemic has left many customer service departments under immense pressure to meet client expectations while keeping response times low. This is particularly important in competitive industries like eCommerce, travel and hospitality, where customer service is a priority. To address this challenge, companies must enable their support staff with the right […]
469 people have tested positive to the disease, from a sample size of 6,244 tested in the last 24 hours. The positivity rate is now 7.5%. Total confirmed positive cases are now 166,006 and cumulative tests so far conducted are 1,752,693. New cases by County; Kisumu 102, Nairobi 77, Mombasa 27, Kericho 27, Siaya 18, […]
New cases: 316 Sample size: 4,251 Positvity rate: 7.4% Recoveries: 62 Recorded deaths: 12 Cumulative tests: 1,719,289 Total confirmed cases: 163,554 Total recoveres: 111,1941 Cumulative fatalities: 2,895 Distributed by APO Group on behalf of Ministry of Health, Kenya. Media filesDownload logo
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