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Investing
- With its multiple technologies, Bboxx is trailblazing in the green energy space, scaling its operations across Africa and projecting to offset over 20 million tonnes of CO2.
- Bboxx has been awarded Gold Standard certification for carbon credit programs based on solar home systems, clean cooking alternatives, and solar-powered water pumps.
- Implementing carbon programs allows Bboxx to accelerate market growth potential by reaching over 4 million customers in five African countries.
Rwanda-based Bboxx plans to offset over 20 million tonnes of carbon and generate $100 million worth of carbon credits through clean energy projects in Africa.
In this initiative, Bboxx projects to positively impact the lives of over four million customers across Rwanda, Kenya, Nigeria, Togo, and the Democratic Republic of Congo (DRC).
These revelations follow Bboxx’s recognition with the Gold Standard certification for its continued rollout of clean energy projects in five African countries. This certification marks a vital moment …
- Kenya’s private equity deals size are expected to remain modest this year.
- However, despite the high optimism, deal sizes in East Africa are expected to remain modest.
- However, businesses are concerned that firms will be scouting for exits, too.
Kenya and its East Africa peers are confident that the fundraising environment for businesses will continue improving in the next 12 months even as the continent experiences mixed expectations.
New findings by Audit firm Deloitte show that while East and West Africans largely anticipate an improvement, opinions in North and Southern Africa are divided, with some expecting improvements, others predicting stagnation, and some foreseeing deterioration.
This outlook comes against the backdrop of persistent high interest rates, inflation, and geopolitical uncertainty, which led to a 9 per cent drop in finalized funds year-on-year in 2023.
The Deloitte Africa Private Equity Confidence Survey 2024, shows that in East Africa, optimism is on …
The opulent and contemporary Downtown Dubai is a global attraction for Vietnamese investors. It is a lively neighbourhood that was built by Emaar Properties and contains some of the most famous structures in the world such as Burj Khalifa and Dubai Mall; therefore, it is an ideal place for investing in property. In this article, we will look at different kinds of real estate in Downtown Dubai which are attractive to Vietnamese buyers.
Overview of Downtown Dubai
Situated between Sheikh Zayed Road and Financial Centre Road, the Downtown Dubai neighbourhood is a mixed-use development located at the centre of the city. This area contains everything; residential, commercial, and leisure spaces for both residents and visitors. The tall skyscrapers, luxury apartments, and top-notch facilities define this as among the best areas to invest in Dubai property-wise.
Types of Properties Available
Apartments
Downtown Dubai provides a broad choice of luxury apartments that …
- The infrastructure sector in Kenya has made major progress in the last six months, with activity reaching an all-time high
- The second phase of the expansion of Mombasa Port was completed in June 2022, with the government reverting port activities into the port in September 2022 from Naivasha
- Kenol-Marua Road is a section of Africa’s Great North Road, and its expansion is expected to improve bilateral trade between Kenya and landlocked Ethiopia
- Improvements to Terminal 1B of Jomo Kenyatta International Airport were completed during the review period
Kenya’s infrastructure sector has made major progress in the last six months, with activity reaching an all-time high.
For starters, the second phase of the expansion of Mombasa Port was completed in June 2022. As a result, the government reverted port activities to the Port of Mombasa in September 2022 from Naivasha.
According to the Kenya Market Update report by Knight Frank, the …
- Most prime retail destinations in Kenya, comprising primarily malls, had an occupancy rate of 90% in the second half of 2022
- Naivas, Quickmart, Chandarana, and Carrefour continued to expand with Naivas leading with seven stores during the period
- Malls that opened during the period are Broadwalk, a mixed-use development along Ojijo Road in Westlands, and Greenwood Mall in Meru, with both malls being anchored by Naivas
- Knight Frank, however, warned that the general performance and supply of malls in Kenya has declined, with the focus shifting to convenience centres closer to residential neighbourhoods
A new report shows that most prime retail destinations in Kenya, comprising primarily malls, had an occupancy rate of 90% in the second half of 2022.
In its Kenya Market Update report, Knight Frank found that prime retail properties attracted a rent of $5.00 per square foot per month.
At the same time, the report observed that …
- Majority of Kenyans buy from companies with distinctive branding a new study reveals.
- The study by Elite Mawu Agency reveals that more than 65 percent of Kenyans interact with companies that have attractive branding.
- According to the report, branding provides an emotional link by tying people to lifestyles.
Majority of Kenyans buy from companies with distinctive branding a new study reveals.
The study by Elite Mawu Agency reveals that more than 65 percent of Kenyans interact with companies that have attractive branding that include distinctive creative logos and branding collaterals.
The report dubbed Kenya Branding Report Card 2022, indicates that brands with originality and creativity attracts more interaction and buy-in.
“There are small businesses with similar products at every corner, so what makes your business different? Your brand! Stand out from the competition and develop your brand further than just a logo,” said Elite Mawu Agency Chief Executive and …
- Black tax, also known as the “financial burden of supporting extended family,” is a growing issue in Africa that affects individuals, families, and society as a whole.
- It is a cultural norm that has developed over time and is deeply ingrained in many African societies.
- The financial burden of supporting extended family members can be overwhelming, and the emotional and psychological toll can be significant.
Black tax is a term used to describe the financial burden that is often placed on black individuals, particularly in the African community. This burden can take many forms, from supporting extended family members to paying for education and other expenses. While it can be a source of pride and a way to support one’s community, black tax can also be a significant financial strain that can make it difficult for individuals to achieve their own financial goals. In this article, we will explore what …
- A HassConsult report shows that land prices in Nairobi suburbs remained static in the last quarter of 2022
- The perfomance is a result of the spillover effect from the previous quarter, when activity slowed down across the general economy
- Property prices also recorded a 2.2% drop driven by price declines across the board
A new report by HassConsult shows that land prices in Nairobi suburbs remained static in the last quarter of 2022.
The land prices indices show that land in the areas grew by a marginal 0.2% during the period under review.
The performance of land prices in Nairobi over the last three months of 2022 is a result of the spillover effect from the previous quarter, when activity generally slowed down across the general economy.
HassConsult observed that some suburbs are benefiting from the ripple effect of Westlands’ increasing commercialisation.
Loresho was the best-performing suburb over the quarter, …
