Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]
Category Archives: Kenya News
Kenya News
Studies have shown that there will be more plastic than fish in the ocean by 2050. Marine life will be at risk if we do not act to mitigate the improper disposal of plastic. As the world continues struggling with proper waste management, different solutions have been suggested and adopted to manage the end-of-life of […]
Africa is a land of opportunity long neglected. It is unique and the diversity in cultures may make it difficult for something new to be accepted in society. However, the scenario has changed and African markets have started to gain attention from the past couple of years. Therefore, we can see the rise of African startups as […]
Dr. Richard Leakey’s plans for a new museum dedicated to the story of humankind aims to revolutionize travel to Kenya in the post pandemic world. Ngaren: The Museum of Humankind, being built in Kenya’s Rift Valley, a region synonymous with human origins, is the culmination of Dr. Leakey’s life’s work – whose fossil discoveries have […]
The Kenyan government has spared no expense in supporting tech startups of the country, and as a result, Kenya has quickly become the tech hub of Africa. With tons of tech startups facilitating the economy of the country. With facilities like NTSA TIMS, Kenya’s people can easily make it big in the tech industry very […]
N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group is an expert in Fintech, blockchain and innovative tech. Here’s his take on the impact blockchain could have on the gaming industry in Africa and around the world. The global gaming industry is one of the few that has managed to thrive in 2020. Lockdown […]
Africa produces just 1.1% of global scientific knowledge. There are 79 scientists per million Africans. According to the UNESCO Institute of Statistics (UIS) estimate for 2019 Africa’s funding for Research and Development is 0.4% of the continents GDP which is far below the global average of 1.7% and the lowest in the world. In 2006, […]
African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]
In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech has been a welcomed revolution that is seen to be boosting Africa’s financial infrastructure. With a growing population, an increasing rate of mobile and internet penetration, combined with a substantial need for financial inclusion, Africa […]
The appeal of East Africa has led to an increased number of direct international flights into the Region. Europe and the USA are providing the most tourists at present, but numbers are increasing both from within elsewhere in Africa and from Asia and the Far East. Those who decide on East Africa as a tourist […]