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- Unleashing ideas: AIM Congress sets the stage for over 450 dialogue sessions
- Abu Dhabi welcomes over 330 partners for AIM Congress 2024
- Kenyan Farmers Receive $2M Boost from Africa Fertiliser Financing Mechanism
- Brace for High Interest Rates for a Longer Period World Bank Warns Kenya
- Kenya-Ethiopia Trade Relations: Legislators Advocate for Policy Alignment to Boost Ties
- Visualising the state of debt in Africa 2024
- Abu Dhabi radiates optimism as over 300 startups join AIM Congress 2024
- TLcom Capital Raises $154 million in Funding to Boost Its African Growth
Business
- In the past two years, short-term rentals in Nairobi have been the new trend.
- Hospitality has bounced back remarkably after the challenges posed by the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023.
- Trappler highlights that hospitality is a key economic driver, employment creator, and focal property type in regions throughout East Africa.
Hospitality has bounced back remarkably after the challenges posed by the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023. This resurgence is particularly notable in Nairobi, especially with the renewed demand for short-term rentals.
The strategic position of Kenya’s capital city serves as an East African hub for various industries, including corporate, government, MICE (Meetings, Incentives, Conferences, and Exhibitions), embassies, and tourism, which makes it an attractive destination for hospitality and residence brands.
The increasing and diversifying demand for accommodation creates meaningful opportunities for market expansion and business growth.…
- The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
- G&A has built a strong reputation in Africa, delivering on transformational projects like the recent Eurobond
- In February last year, the two countries pledged to continue to nurture and expand ties
A law firm in Nairobi is championing a plan to see Kenya and South Korea strengthen legal services for companies in Africa. Kenya’s G&A Advocates LLP has signed a partnership agreement with South Korea-based law firm Jipyong ahead of the Korea-African Summit. The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
The Korean African Summit is set to take place between June 4 and June 5 in Seoul, South Korea, under the theme: “The Future We Make Together, Shared Growth, Sustainability and Solidarity.”
The summit, which will be the first-ever, aims to strengthen the …
- The upcoming US-Africa green and sustainable financing forum in Côte d’Ivoire aims to mobilize funding for infrastructure projects across Africa.
- Set for March 19–20, the workshop will feature industry leaders, US technical experts, and key financiers.
- The event highlights the critical need for renewable energy funding models, financing mechanisms, and regulatory and policy reforms to facilitate the growth of green and sustainable infrastructure.
To foster sustainable development in Africa, the United States Trade and Development Agency (USTDA) is joining forces with the African Development Bank Group to host the US-Africa Green and Sustainable Financing Workshop.
Set to go down in Abidjan, Côte d’Ivoire, on March 19–20, 2024, this event is poised to bring to the forefront the pressing need for green and sustainable infrastructure projects across the continent.
The workshop, a convergence of industry leaders, explores innovative financing models that can support Africa’s journey towards a resilient and sustainable future.…
The government of Kenya’s involvement has borne fruit. This Christmas week, KQ has increased the frequency of flights to the United States from two to four a week.
Bookings have picked up and the cost of a one-way ticket has risen from US$ 900 (KSh90,000) to US$10,00 (KSh101,305). This comes as a relief to the Kenya Airways Chairman, Michael Joseph, who had earlier said in an interview with a local station in Kenya last year that the pandemic would continue to affect demand for air travel for the next two to three years.
The airline said they had increased the number of direct flights to New York to enable families to reconnect and unite during this festive season.…
Blippi, a famous you tuber whose real name is Stevin John, was born on May 27; 1988.He was born in Ellensburg, Washington, U.S.
He is an American kid’s entertainer and educator who help children to learn about colours, shapes, numbers, letters and so many other things. He owns basically a fun educational youtube channel.
John’s wish was to be a limousine driver and a pilot. He served as a loadmaster for the C-17 Globe master airplane at the 4th Airlift Squadron in the United States air force.
He started his career as Blippi in 2014 and become the most loveable character.
Read: Othman Benjelloun | Africa’s Billionaires | Net Worth | Personal Life
Preview
| Real name: | Stevin john |
| Character name: | Blippi |
| Source of wealth: | you-tubing, social media |
| Age: | 33 years old |
| Birthplace: | Ellensburg, Washington, U.S. |
| Height: | 6.6 feet/ 1.57 m. |
| Nationality: | American |
| Date of birth: | May 27, |
- Uganda has kicked off the construction US$ 19.9 million Acomai irrigation scheme
- The project aims to improve access to water for agricultural production, which would lead to increased agricultural productivity
- The project’s contractor was also tasked to construct a technical school in Kamutur as part of their corporate social responsibility
Uganda had broken ground to build a US$ 19.9 million Acomai irrigation scheme in Kamutur Sub-county in Bukedea District to improve water access.
The government of the East African nation also intends to construct another scheme in Bulambuli District.
The proposed Acomai irrigation schemes in Bukedea and Bulambuli will cover 2,200 hectares of land. In addition, they will come with additional infrastructure such as an administration block, two drying yards, a warehouse, a workshop, a bridge and 58kms of access roads.
Both projects are under the Agricultural Value Chain Development Programme and implemented by the Ministry of Agriculture, Animal Industry …
Agriculture center launched in Kenya:
- Elgon Kenya and the University of Nairobi have signed a Memorandum of Understanding paving the way for constructing the Agricultural Technology and Innovation Centre (ATIC)
- The ATIC will nurture and strengthen innovations in agriculture and entrepreneurship, to foster the adoption of cutting edge innovations leading to job creation and product development
- Elgon Kenya Managing Director Dr Bimal Kantaria lauded the partnership, terming it the missing link between research and industry
The agriculture sector in Kenya has received a significant boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.
Elgon Kenya and the University of Nairobi have signed a Memorandum of Understanding paving the way for constructing the Agricultural Technology and Innovation Centre (ATIC) at the College of Agriculture and Veterinary Services, Upper Kabete Campus in the capital city.
The ATIC …
- Data from Kenya Electricity Generating Company (KenGen) reveals that demand for electricity in Kenya grew at an average rate of 4.5% in 2021
- KenGen said attributed the growth to high business activity witnessed in the East African country, amid ongoing recovery from the impact of the coronavirus pandemic
- Of the amount, Mwathethe observed that more than 92% of the electricity consumption was from renewables
Kenya Electricity Generating Company (KenGen) has revealed that demand for electricity in Kenya has continued to grow at an average rate of 4.5% year on year in 2021.
The electricity producer said growth was driven by high business activity witnessed in the East African country, amid ongoing recovery from the impact of the coronavirus pandemic.
KenGen also revealed that the country had scaled up use of renewable sources during the year under review, further boosting its standing in the fight against climate change.
The firm’s board …
- Google is investing in Uganda’s SafeBoda from the Africa Investment Fund which was launched by Sundar Pichai, CEO of Google and Alphabet
- The Africa Investment Fund is part of a broader plan to invest $1 billion over 5 years to support digital transformation in Africa
- SafeBoda app was launched in 2017 to connect passengers to their community of safer and trusted drivers
Google has announced that it will invest in SafeBoda, a venture-backed company in Uganda.
This is the first investment from the Africa Investment Fund which was launched by Sundar Pichai, CEO of Google and Alphabet, at Google for Africa in October 2021.
In a statement seen by The Exchange Africa, Google said the funding will help drive SafeBoda’s growth in Uganda and Nigeria, scaling its transportation-led app to offer new payment and financial services solutions for its expanding set of customers: passengers, drivers and merchants.
Ricky Rapa Thomson, …
