Category Archives: Kenya News

Kenya News

Development Trend of African Startups and Fintech

RF._.studio: Pexels

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 […]

Ngaren: The Museum Designed to Revolutionize Travel to Kenya, Post Covid-19

Dr. Richard Leakey on Ngaren Site

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 […]

Top 5 Reasons Why Kenya is a Leading Tech Hub

Television Live Broadcast Antenna

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 on How blockchain funding will disrupt the games industry in Africa

N'Gunu Tiny - games industry in Africa

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 […]

It’s Time For Africa To Invest In Education, Science And Technology

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, […]

Has the PE industry failed Sub-Saharan Africa?

View from the Carlton Centre, Africa's tallest building. Johannesburg, Gauteng, South Africa. Photo Credit: Adamina (www.flickr.com).

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 […]

How fintechs are making Africa a leading global Innovation Hub

Image by i_am_zews

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 […]

Top Destinations in East Africa that You Should Visit

Wildebeest at Masai Mara. Top Destinations in East Africa that You Should Visit

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 […]

How Black Friday is giving Africa’s economy a lift

It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November. If you drove around […]

Demand for African Talent is Increasing

Strategies to share talent between Africa and France By Kiné Seck Mercier A young woman spends her youth in Nigeria, leaving to attend a university in London. She goes on to work in the United States, Ghana, South America, Kenya and Zambia, finally settling in Paris. In many ways, she is illustrating an increasingly common […]

Hotel Development Industry in Africa

Zanzibar

Introduction           The development of a country partly depends on the expansion of their hotel and tourism industry. Africa is facing a tough time economically and they are trying their best to fight back this economic crisis. They focus on the hotel management sector and try to develop this industry. A hotel is not only […]

Pushing the boundaries of African hospitality

According to the annual African Hotel Chain Development Pipeline Survey from W Hospitality Group, there are 75,000 branded rooms in 401 hotels in the pipeline across Africa On the occasion of the Africa Hotel Investment Forum (AHIF) (https://www.AHIF.com) this week, Filippo Sona, Managing Director, Global Hospitality Drees & Sommer (https://www.DreSo.com/), asks whether Sub-Saharan Africa is […]

A Future Option for African Fast Intercity Coastal Transportation

African Business News

The recent redevelopment and upgrading of Kenya’s Mombasa – Nairobi railway line has revealed a market for faster, affordable intercity passenger transportation services between African cities. Following the recent tragedy of Ethiopian Airlines, the African passenger transportation market might be ready to consider an alternative technology capable of providing affordable, fast travel between several pairs […]

Trends and Events in Africa 2018

Map of the REC Pillars of the African Economic Community. Photo Credit: Wikipedia

by Johan Burger 2018 has been an interesting year for Africa, with various events and trends becoming visible. 2016 saw the effects of the slowdown of China’s economic growth due to its rebalancing of its economy and the end of the commodity price super cycle. 2017 brought some relief. In Africa, 2018 demonstrated a number […]

Friday@Noon on Manufacturing in Africa: 2018

African Business News

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Manufacturing in Africa Manufacturing and industrialisation are the current buzzwords for transforming Africa’s economies. In order to reduce any dependence on the extraction and sale of raw […]

Friday@Noon on Economic Development in Africa: 2018

Along the east coast, north from Durban are huge sugar cane fields. Author: (WT-en) Fluglotse2000 at English Wikivoyage aka. User:Africaspotter Wikipedia.org

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The year 2018 saw numerous cases of economic development on the African continent. This would include trade, etc. Africa The US$2 trillion-plus Sub-Saharan Africa economy continues to […]

Friday@Noon on Agriculture in Africa – 2018

African Business News

by Johan Burger This paper addresses events and trends in the agriculture sector in Africa for 2018. It is based on the media articles addressed in the Friday@Noon weekly newsletters of the NTU-SBF Centre for African Studies in Singapore. These are by no means meant to constitute an exhaustive list of developments. General Agriculture in […]

Friday@Noon on Infrastructure in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. General Africa has vast infrastructure needs. According to the AfDB, Africa’s infrastructure requirements are estimated to be between US$130 billion and US$170 billion, far higher than the […]

Friday@Noon on Regional Integration in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Regional integration has become a high profile intervention and is seen as the route to economic integration and increasing intra-African trade. Some commentators are of the opinion […]

Friday@Noon on E-commerce in Africa: 2018

African Business News

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The growth and continuation of e-commerce in Africa has received various boosts during 2018. Africa’s leading online shopping platform, Jumia, reported in 2018 it wanted to make […]

Friday@Noon on Renewable Energy in Africa: 2018

African Business News

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. A trend of earlier years in which we saw the further growth and development of the renewable energy sector, has continued in 2018. Renewable energy is becoming […]

OpEd: Affordable housing requires a new shape for the mortgage industry

By Johnstone Oltetia, Interim CEO Kenya Mortgage Refinance Company (KMRC) There are two essential parts to achieving affordable housing: building decent, low-cost homes, and developing a housing finance market that enables low-income earners to buy those homes. For, without finance, almost no home price is low enough to be affordable on an average salary. For […]