Saturday, November 23African Digital Business Magazine

Tag: Nairobi

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...
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. ...
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...
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,...
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...
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...
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...
Curio Collection by Hilton Debuts in East Africa with the Opening of Kwetu Nairobi
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...
10 Ventures Announced for the Africa Tech Summit Nairobi 2024 Investment Showcase
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...
tappi Raises $1.5M in Oversubscribed Pre-Seed Round to Digitize and Build Online Trust  for Africa’s SMEs
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...