Kenya News Archives - Page 3 of 17

18Apr

By Africa BusinessNo Comments

Agriculture, Kenya News

Caribou Digital Launches New Book, The Platform Livelihoods Project: Research Exploring the Workplaces of the Digital Age in Africa & Indonesia

Research reveals an urgent need for digital “accidental marketplaces” to evolve into safer and more inclusive environments. Leading research and advisory firm, Caribou Digital, proudly announces the release of its latest publication, The Platform Livelihoods Project, a pioneering collection of studies on pervasive digital marketplaces, some conducted in partnership with the Mastercard Foundation and others with the support of the Bill & Melinda Gates Foundation. The study examines the sprawling digital economy and highlights the urgent need for a safer, more inclusive environment. It advocates for policymakers, companies, and other players in the ecosystem to leverage the study to drive investment into the future of the digital workplace, essential for the millions dependent on it for...

Mobilizing Blended Finance for Climate Investments in Kenya

29Mar

By Africa BusinessNo Comments

Kenya News

Mobilizing Blended Finance for Climate Investments in Kenya

By Utsav Mulay, Climate Finance, ESG and Carbon Markets Expert at Intellecap Kenya faces the formidable challenge of aligning its climate action with its development goals. The heart of this challenge lies in the financial mobilization required to transform these ambitions into tangible outcomes. According to the insightful "Landscape of Climate Finance in Kenya" report by the Climate Policy Initiative (CPI) in March 2021, a staggering $40 billion is required to meet Kenya's mitigation and adaptation needs by 2030 under its Nationally Determined Contribution (NDC) to the Paris Agreement. Kenya's Climate finance needs span energy, agriculture, water, and forestry. In energy, Kenya aims to transition to renewable energy sources, such as wind, solar, and geothermal, to not only reduce its ...

Curio Collection by Hilton Debuts in East Africa with the Opening of Kwetu Nairobi

27Mar

By Africa BusinessNo Comments

Africa Travel, Kenya News

Curio Collection by Hilton Debuts in East Africa with the Opening of Kwetu Nairobi

Hilton’s lifestyle brand Curio Collection by Hilton debuts in Kenya, with a fusion of historic charm and a refined contemporary design for an immersive guest experience. Curio Collection by Hilton today announced the opening of Kwetu Nairobi, Curio Collection by Hilton in Kenya's vibrant capital, Nairobi. The opening marks the debut of Curio Collection by Hilton in East Africa and Hilton’s latest opening in the Kenyan capital, with a promise to provide guests with curated, unique experiences. Kwetu Nairobi, Curio Collection by Hilton is located near the Central Business District, Gigiri, home to the United Nations headquarters, multiple embassies, and one of the largest expat communities in Africa, and is on the edge of the Karura Forest, providing the perfect escape from the hustle and...

17Mar

By Africa BusinessNo Comments

Kenya News, South Africa News

Termite protection: a homeowner’s guide to successful termite control

Link: No Termite In this essential guide for homeowners, we explore in depth the strategies and preventive measures crucial to effectively protecting your home from termites. With their fearsome destructive capacity, termites can cause considerable and costly damage to your property, but with the right knowledge and action, you can minimize the risk of infestation and keep your home safe. From identifying early warning signs to adopting sustainable prevention methods and selecting the best professionals for termite control, this guide offers a comprehensive overview to ensure robust protection against these insidious pests. What are the warning signs of termites in the home? The warning signs of termites in the home can be subtle but should be taken seriously to prevent serious damage...

Unlocking a Refill and Reuse Revolution within Kenya’s Food & Beverage Industry

1Feb

By Africa BusinessNo Comments

Kenya News

Unlocking a Refill and Reuse Revolution within Kenya’s Food & Beverage Industry

In the city's bustling lifestyle, takeout packaging in the Food & Beverage industry has to be among the most convenient inventions. As you rush out of the house early on your way to a career-deciding meeting, you pass by your favorite coffee shop and pick up a coffee to-go. It is conveniently packed in an innovative paper cup with a plastic lid. After having your coffee, you responsibly dispose of the cup, hoping it gets to the recyclers, especially the plastic lid, and not in a landfill. Now, assume that there were 100 people with a similar morning routine at one coffee shop in an area with ten shops. In one day, we would possibly have over 1,000 plastic coffee cup lids, which could contribute to the over 1 Million tons of plastic waste produced in Kenya annually. How can we revers...

10 Ventures Announced for the Africa Tech Summit Nairobi 2024 Investment Showcase

16Jan

By Africa BusinessNo Comments

Events, Kenya News, Startups

10 Ventures Announced for the Africa Tech Summit Nairobi 2024 Investment Showcase

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 the ecosystem. According to data from Africa: The Big Deal, African startup funding experienced a 39 percent decline, falling to $2.9bn in 2023 from $4.6bn recorded in the previous year. The 250+ entries received from various countries across Africa, including Kenya, Egypt, Tanzania, Nigeria, Ghana, South Sudan, Malawi, Angola, Morocco, Botswana, Benin, Congo, Uganda, South Africa, Sierra Leone and more, highlight t...

8Jan

By Africa BusinessNo Comments

Ghana News, Kenya News, Main, Nigeria News, South Africa News

Global Cities Report: A mixed bag of results for Africa

Social, geopolitical, and technological transformations are actively disrupting the traditional hierarchy of global cities, creating a more widely distributed geography of opportunity. This is according to Kearney’s 2023 Global Cities Report, which highlights that established global city leaders face ever-greater competition from emerging hubs, with those taking a regenerative approach poised to lead in the attraction of talent, innovation, and investment. Global Cities Index The Global Cities Index (GCI) seeks to quantify the extent to which a city can attract, retain, and generate global flows of capital, people, and ideas. Cities are measured against five key dimensions: Human Capital, Information Exchange, Cultural Experience, Political Engagement, and Business Activity. Average GC...

tappi Raises $1.5M in Oversubscribed Pre-Seed Round to Digitize and Build Online Trust for Africa’s SMEs

6Dec

By Africa BusinessNo Comments

Business, Kenya News

tappi Raises $1.5M in Oversubscribed Pre-Seed Round to Digitize and Build Online Trust for Africa’s SMEs

Funds to Accelerate Trust in Digital Commerce Ecosystem, as tappi Achieves 19% MoM Growth with $3M in Verified Consumer Transactions tappi, an end-to-end digital commerce SaaS solution tailored for small and medium-sized businesses, has raised $1.5M in an oversubscribed Pre-Seed round led by Mercy Corps Ventures and Chui Ventures. With participation from Digital Currency Group, SOSV, Resilience17, growX ventures, Orbit Startups and Reflect Ventures, the investment also saw contributions from angel investors and advisors from global tech companies, including Google, Salesforce, Zendesk and the financial sector. The early-stage funding will further tappi’s mission to empower SMEs to gain visibility and build trust in the digital commerce ecosystem as the company broadens its footprint acro...

23Nov

By Africa BusinessNo Comments

Kenya News

Africa Climate Weak or Strong?

By Ashay Abbhi, Climate Change Expert, Intellecap Kenya. “We will hold you to your promises”, echoed the voice of a child across the packed hall at the Africa Climate Week. The sentence reverberated not only the child’s sentiment but also that of the entire continent. As civilisation thrived, the continent went from being the cradle of civilization to the dump yard of urbanization. The promises made to uplift Africa and its people have failed to provide equitable justice. The trend continues. The promises made to save Africa from climate change have seen little light thus far. Africa contributes only 2-3% to the global emissions and yet it is one of the most climate vulnerable regions. At the Africa Climate Summit 2023, this sentiment loomed large among Africans and visitors alike. The ...

15Nov

By Africa BusinessNo Comments

Kenya News

NextGen Succession Planning for Kenyan Family Businesses; Including market insights into Waqf Principles

By Faizal Bhana, Director Middle East, Africa and India, Jersey Finance Recent research conducted by Asoko has revealed that Kenya boasts close to 500 family-owned businesses that generate revenues surpassing the US$10 million mark. This diverse spectrum of businesses spans across various industries, sectors and specialisms. Furthermore, among these businesses, close to 15% achieve annual earnings exceeding US$50 million, a quarter of which exceed the US$100 million threshold. Despite their positive impact on Kenya's economy, family-owned businesses face several structural challenges, including a lack of robust succession planning and good governance strategies, poor management, as well as challenges with the integration of the next family generation (‘the NexGen’) – all of which, if not...