Emirates Group Announces Record Half-Year Performance For 2022-2023
The Emirates Group announced its half-year results for its 2022-23 financial year. The Group is reporting a 2022-23 half-year net profit of AED 4.2 billion (US$ 1.2 billion), a record [...]
The 2022 ETHSafari, the Latest Greatest ETH Event in Africa, kicks off in Kenya
ETHSafari is an event (18th to 24th September) that will be held in Kenya to bring together an auspicious group of 1,000 people from Africa and around the world to [...]Cross Border Social Fintech Changera Relaunches with Virtual Accounts and Dollar Cards
Cross-border social fintech “Changera” has announced a relaunch of its product with new features including virtual domiciliary bank accounts and as well as an overhaul of its brand identity. The [...]African manufacturers must remain focused on skills development
African manufacturers should think big about digital development. At the current, pace of economic and technological advancement, too many of Africa’s growing population of people and businesses will be denied [...]Keroche Requests for 18-months Grace Period to Clear Tax Arrears
Keroche Breweries Chief Executive Officer (CEO) Tabitha Karanja has appealed to the Kenya Revenue Authority(KRA) to give the company an 18 months grace period on the taxes in arrears. Speaking [...]
Mobility fintech Moove secures $10M financing from NBK Capital Partners
NBK Capital Partners Mezzanine Fund II (the “Fund”) has announced that it closed a US$ 10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech [...]Nairobi-based food distributor Kwanza Tukule secures funding from impact investors
DOB Equity together with Elea Foundation and A to Z Impact have invested undisclosed amount in Kwanza Tukule, a Nairobi-based last-mile distribution business that supplies informal food vendors with staple [...]Absa Bank Kenya partners with GIZ to train 1,500 women entrepreneurs
Absa Bank Kenya, in collaboration with the German Development Cooperation have launched a KES 50 Million program aimed at increasing growth and competitiveness of 1,500 women-owned Micro, Small and Medium [...]First Climate Adaptation Credit Facility for Agriculture launches in Kenya
Africa's first climate adaptation credit facility for agriculture, ADAPTA, has launched with US$1.5 million in funding from the Bill Melinda Gates Foundation for Phase I in Kenya. ADAPTA will [...]EU-Backed Mark-Up Kenya and Semabox partner to launch Agri-business podcast series ‘Mazao Talks’
With support from the EU, MARKUP Kenya has announced a partnership with podcast producing company SemaBOX to create and produce a podcast series called Mazao Talks. The first season ofMazao Talkswill [...]Investment and Asset Management Platform Odyssey Acquires Ferntech
US-headquartered Odyssey Energy Solutions, Inc has announced its acquisition of the German remote monitoring and control technology company, Ferntech GmbH. This cements Odyssey’s position as the distributed infrastructure sector’s [...]
Gates Foundation’s Goalkeepers Report Finds COVID-19 Pushed Additional 31 Million People into Extreme Poverty
The Bill Melinda Gates Foundation has launched its fifth annual Goalkeepers Report, featuring an updated global dataset illustrating the pandemic’s adverse impact on progress toward the United Nations Sustainable Development Goals [...]
