Kenya Archives - AfricaBusiness.com

10Nov

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Kenya News

COP29 Climate Christmas in Azerbaijan

By Ashay Abbhi, Principal, Energy and Climate Change, Intellecap The festival season is upon us again. Shimmering lights, exotic foods, heartfelt greetings, people flying over from all around the world to be with family and friends, gifts and rewards, gala times, great conversations, and promises to do better this year. Like all its previous editions, COP29 guarantees all of this and much more under the presidency of H.E. Mukhtar Babayev, COP29 President-Designate. The annual climate Christmas taking place in Baku, Azerbaijan, also aspires to be what every COP before it did – different. But will Climate Christmas really be different this year? In this article, let’s explore the possibility and what it means for Kenya and Africa. Kenya’s contribution in Baku will be more pronounced this y...

5Nov

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Africa Travel, Kenya News

Fairmont The Norfolk Awarded Africa’s Leading City Hotel 2024 at World Travel Awards

Fairmont The Norfolk, an iconic luxury establishment owned by CG Hospitality under the CG Corp Global umbrella, has been honored as Africa’s Leading City Hotel 2024 at the prestigious World Travel Awards. This accolade reinforces the property’s legacy of excellence and its status as a paragon of African hospitality. Fairmont The Norfolk, Kenya - Elma Labuschagne, Cluster Director of Operations A Legacy of Distinction This esteemed recognition arrives as Fairmont The Norfolk nears its 120th anniversary, celebrating more than a century of exemplary service and luxurious hospitality in Nairobi. Since its inception in 1904, the hotel has maintained its revered position as a distinguished landmark, seamlessly blending timeless colonial elegance with contemporary sophistication. ...

15Oct

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Energy, Interview, Kenya News, Main

Kenya’s Renewable Energy Development Prospects

Exclusive Interview with Dr. Ajay Mathur, Director General of the International Solar Alliance (ISA), which is one of its one-of-a-kind multilateral organizations established to catalyze global solar growth. Dr. Ajay Mathur reveals the specifics of renewable energy development in Kenya, explains possible prospects, and talks about investment decisions in this area. What investment strategies can Kenya adopt to achieve its ambitious energy goals? Achieving Kenya’s nationally determined contribution (NDC) target of reducing greenhouse gas emissions by 30% by 2030 relative to business-as-usual levels will require a concerted effort to put its energy sector on a low-carbon trajectory, particularly in light of the country’s economic development goal of attaining middle-income status i...

17Sep

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Africa Travel, Interview, Kenya News, Main, Startups, Zimbabwe News

The Challenges and Prospects of Passport-Free Travel in Africa Using Biometrics

Willys Mac'Olale , Director of Fragomen Kenya An interview with Willys Mac’Olale, Director of Fragomen Kenya, on the innovative opportunities and barriers in using biometrics, particularly facial recognition, for passport-free travel. African countries must make an innovative leap to reach a new level of development that will improve the lives of people in Africa. What are the main drivers behind the shift to passport less travel and facial recognition in countries like the US, UAE and Europe? There are a number of reasons for this adoption including; Enhnaced security – The fact that passport less travel typically relies on biometric data which is more secure and harder to forge than traditional passports reduces the risk of identity theft and fraud. Streamlining Tr...

15Aug

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Kenya News, Real Estate

ShafDB signs MOU with CPF Group to scale up development of affordable housing

The agreement seeks to provide a platform for intervention across the affordable housing value chain. Shelter Afrique Development Bank (ShafDB), a leading Pan-African institution committed to financing and advancing housing, urban, and related infrastructure development, has signed a Memorandum of Understating (MOU) with CPF Group, aimed at scaling up the development of large-scale affordable housing projects in Kenya. The agreement which is expected to boost Shelter Afrique Development Bank’s mandate of providing decent and affordable housing in Africa, was signed in Nairobi by CPF Group Managing Director, Dr. Hosea Kili, and Shelter Afrique Development Bank Head of Credit and Operations, Mr. Christopher Chege, on behalf of the Managing Director Mr. Thierno-Habib Hann. “As a company,...

30Jul

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Business, Kenya News

APA Insurance and Hollard International commence collaborative operations

Collaborative effort to drive change in East Africa's Insurance market Following the announcement of their partnership last year, APA Insurance, a leading insurance company in Kenya, and Hollard International, a Pan African Insurer, have officially commenced collaborative operations. This partnership aims to unlock the potential of Kenya's insurance industry by leveraging their combined expertise to provide customised insurance solutions for both individuals and businesses. Ashok Shah, Group CEO of Apollo Investments Limited, said “Our partnership with Hollard International is strategic for APA Insurance as it opens new avenues for growth and expansion. Hollard's investment in Apollo Investments Limited, APA’s parent company, provides us with access to a broader market and further expert...

12Jul

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Kenya News, Main

Navigating Flood Risks, Adaptation Strategies, and the Role of Climate Finance in Building Resilience

By Sarah Njoroge, Principal, Intellecap Advisory Services In recent times, the frequency and intensity of extreme weather events have escalated, posing significant challenges across the globe. In many regions, relentless rains have led to catastrophic flooding, disrupting lives and livelihoods. This indiscriminate nature’s fury always hit vulnerable communities hardest—particularly the urban poor and low-income groups who lack the resources to withstand or recover from these disasters. Women, children, the elderly, and people with disabilities are disproportionately affected, facing greater difficulties in responding to and recovering from such calamities. After the floodwaters recede, these communities face yet another challenge: the onset of the dry season. Areas now submerged under f...

8Jul

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Fintech, Kenya News

Xprizo enhances fintech platform with iOS launch

Xprizo, a cutting-edge iGaming fintech platform, has amplified its global reach with the launch of its iOS app. This marks a significant milestone in the company’s growth and development as a fintech platform serving the underbanked and unbanked demographics. With the introduction of the iOS app, Xprizo’s network of users across all device types can now enjoy the full potential of the platform. Until now, the app was only accessible on Android devices. The Xprizo web app remains available for PC users and will continue to provide its comprehensive services. The new iOS app includes a brand-new sleek, and modern UI that allows frictionless access to the rich array of fintech functions. Now included within both Apple and Android apps are debit and credit card deposits in all available curr...

24Apr

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Energy, Kenya News

Dynamics of Electric Mobility Transition in Kenya

By Ashay Abbhi, Manager, Climate Change, Intellecap George, a delivery executive, lives in a modest home on the outskirts of Nairobi. He unplugs the wire that charges his shiny new electric bike, presses a tiny switch bringing the quiet engine to life, and rides off to deliver happiness in the form of food. George is part of a large cohort of gig economy workers who swear by this innovation. They feel that while it has a relatively high upfront cost, various leasing and pay-as-you-go models make ownership easier. Moreover, the e-bike saves time otherwise wasted in queues at petrol stations since the ‘e-juice’ is now available at home, which means an increased take-home pay. A few also take pride in the fact that it is good for the environment. While there are multiple transitional challen...

18Apr

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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...