Kakuzi Plc Gets Regulatory Approval to Export Avocados to China
Kakuzi Plc, a listed Kenyan Agricultural Company trading on both the Nairobi and London Stock Exchange, has secured approval from the Kenya Plant Health Inspectorate Service(KEPHIS), to process and prepare [...]
AfricaTech Awards invites applicants for its first edition
AfricaTech Awards, a pan-African initiative developed to recognize and support the most innovative and impactful tech start-ups across the continent, has announced a call for applications for its first edition. [...]Tiktok releases All-in-One Platform for Music Creators
TikTok has released SoundOn, an all-in-one platform for music creators that allows artists to upload their music directly to the App and to distribute it to various music streaming services. [...]IMF Approves $1.4 Billion Emergency Funding for Ukraine
The International Monetary Fund (IMF) has approved $1.4 billion of emergency funding for Ukraine, to help meet urgent spending needs and mitigate the economic impact of Russia’s military invasion. The [...]
Heineken to Offload 35% stake in Kenya Business to Distell
Heineken, a Dutch-based alcohol brewer will sell a 35 percent stake in its regional alcohol distribution business including Kenya to shareholders of Distell Group as part of its acquisition of [...]Boost for Tourism as Bali Eases Quarantine Measures
Bali has removed mandatory quarantine for vaccinated tourists from more than 20 countries and reintroduced visas as it reopens after two years of COVID-19 restrictions. This took effect on March [...]Moderna to set up its first African vaccine facility in Kenya worth $500 Million
American pharmaceutical and biotechnology company Moderna, Inc. has announced plans to build its first African mRNA jab-manufacturing facility in Kenya at a cost of $500 Million. The company said it [...]Murban Oil Prices rise sharply to $ 119.23 as Russia-Ukraine conflict heightens
Murban oil prices rose to US$ 119.23 per barrel on March 3 compared to US$ 100.65 per barrel on February 24. According to Central Bank of Kenya(CBK) Weekly Bulletin, Commodity [...]Branch International picks Kenya As its Pan-African Digital Bank launchpad
Branch International, a global digital financial solutions provider has outlined plans to roll out a true Pan-African digital bank with Kenya as its launch pad. Branch International, best known for [...]IATA Projects Air Passenger Numbers to Hit 4 Billion in 2024
The International Air Transport Association (IATA) projects overall air passenger numbers to hit 4 billion in 2024, exceeding pre-COVID-19 levels (103% of the 2019 total). Although overall traveler numbers in 2021 [...]Smile Identity Launches Enhanced Document Verification in Africa, Europe and North America
From lending to remittances, digital banking to cryptocurrency trading, African businesses and platforms have experienced a surge in demand on the continent and from the diaspora alike, reinforcing the need [...]
Global markets rebound slightly on easing of Ukraine-Russia tensions
Major US stocks posted slight gains at Tuesday and Wednesday mainly driven by positive sentiment pushed by a slight easing of tensions at the Ukraine-Russia border. US President Joe Biden [...]
