News

  • 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

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  • Safaricom Limited has announced the election of Adil Arshed Khawaja (MBS) as the Chairman of the Board on 26th January 2023
  • The highly distinguished Advocate of the High Court of Kenya, was appointed a Director in Safaricom PLC on 22nd December 2022 following the resignation of John Ngumi. 
  • He currently serves as the Managing Partner at Dentons Hamilton Harrison & Mathews, the oldest law firm in Kenya, established in 1902 with a reputation of being an innovative, experienced, responsive, and highly skilled firm.

Safaricom Limited has announced the election of Adil Arshed Khawaja (MBS) as the Chairman of the Board on 26th January 2023

The highly distinguished Advocate of the High Court of Kenya, was appointed a Director in Safaricom PLC on 22nd December 2022 following the resignation of John Ngumi. 

Khawaja has over 30 years work experience in the legal profession ranging from dispute resolution, to commercial and real

  • Tanzania President Samia Suluhu has urged the world to look to Africa for energy amid the climate, energy and geopolitical crises that have been raging for some years now.
  • Speaking during the 53rd World Economic Forum Annual Meeting as a session on  “Repowering the World” Suluhu said Africa has everything when it comes to energy. 
  • Africa needs a lot of energy as many Fourth Industrial Revolution technologies are being applied there and a lot of related manufacturing is carried out there.

Tanzania President Samia Suluhu has urged the world to look to Africa for energy amid the climate, energy and geopolitical crises that have been raging for some years now. 

Speaking during the 53rd World Economic Forum Annual Meeting as a session on  “Repowering the World” Suluhu said Africa has everything when it comes to energy. 

“It is time the world looked to Africa for energy. We have everything when

AfDB loan to Nigerian Youths:

  • The African Development Bank has approved a loan of US$ 170 million, to assist millions of Nigerian youths to grow their digital and creative enterprises
  • Dubbed ‘Investment in Digital and Creative Enterprises Program (i-DICE)’, the initiative is a project of the Nigerian government, aimed at promoting investment in digital and creative industries
  • The initiative will stimulate investments in 226 technology and creative start-ups and provide non-financial services to 451 digital technology and small and medium enterprises

At least 68 million Nigerians aged between 15 and 35 will benefit from a US$ 170 million loan from the African Development Bank (AfDB) to finance their digital and creative enterprises.

In a statement seen by The Exchange Africa, the African Development Bank says the loan will benefit youths in innovative, early-stage, technology-enabled start-ups or those in the creative sector.

Select micro, small and medium-sized enterprises across Nigeria will …

Opening up new channels for African creative professionals are Akoobooks (Ama Dadson of Ghana), Casting Africa (Kwasi Bosiako Antwi of Ghana) & Kipepeo (Marie Behrens & Warren Pougnet of Mauritius)
Those diversifying access to financing – MyWagePay (Beth Mwangi & Patrick Pere of Kenya), CNG Transfer (Emmanuel Tochi and Ken Omulo of Nigeria & Kenya), SaveApp (Aziz Omar Masumbuko of Kenya) and Cashback (Inès Assoumou of Cote d’Ivoire);
In navigating last-mile mobility with style, it is DeliverASAP (Oyedayo Oyeniran of Nigeria) including vehicle maintenance for the long haul – Motor Parts Nation (Genera Moore of Ghana).…

  • Bar and restaurant operators in Kenya have pledged to abide by the protocols to limit the spread of Covid-19
  • They have also offered to have their establishments become vaccination centres following the reopening of their establishments 

Bar and restaurant operators in Kenya have pledged to abide by the protocols to limit the spread of Covid-19 and offered to have their establishments become vaccination centres following the reopening.

The operators’ associations have also asked revellers to abide by the rules to avoid a resurgence of infections that would force the Government to come up with the restrictions that have hampered operations since March 2020.

“The hospitality sector has gone through one of the darkest periods in the history of Kenya,” said Frank Mbogo, the chairman of the Nairobi branch of the Pubs, Entertainment and Restaurants Association of Kenya.

The operators said the lifting of the curfew by President Uhuru Kenyatta and …

The Commission was established to recommend a set of actions to accelerate an end to adult smoking and other toxic tobacco use.

Chaired by Ambassador (ret.) James K. Glassman, former U.S. Under Secretary of State for Public Diplomacy and Public Affairs, the Commission includes representatives from India, Indonesia, South Africa, and the United Kingdom.

A major focus of the report is the failure of governments and international organizations to address the special needs of LMICs , as well as the needs of marginalized communities within higher-income countries, including racial minorities, indigenous people, those with mental health conditions, and those living with diseases. The report examines the role of emerging innovations, physicians and risk-proportionate policies in ending smoking.…

  • Kenyatta said the interventions would help an economy that was already recording remarkable recovery
  • The new programme targets the key product and service sectors in thirteen strategic intervention

Kenya’s President Uhuru Kenyatta has announced the rolling out of the country’s third financial stimulus programme, designed to accelerate the pace of economic growth and to sustain the gains already made.

Speaking during the Mashujaa Day celebrations on Wednesday, October 20, Kenyatta said the interventions would help an economy that was already recording remarkable recovery.

“This rebound is as a result of the gradual reopening of the economy especially the services sector coupled with stronger global demand. This recovery is reflected in the strong revenue performance for the Quarter ending September 2021,” he said.

The new programme, which will be effective 1st November 2021, targets the key product and service sectors in thirteen strategic interventions as listed below.

The first intervention is

  • TLG’s investment supports their digital banking aspirations and helps position FairMoney to grow their share of wallet
  • FairMoney operates a credit-led strategy: offering credit via an app and subsequently offering bank accounts
  • The average loan size is 30 Euros and customers can grow their loan limits up to 1,000 Euros over time

TLG Capital has announced an investment it has made into a Paris based fintech company, FairMoney in Nigeria.

FairMoney, which operates a neo-banking platform in Nigeria provides underbanked users with bill payment solutions and collateral-free lending. The company has a microfinance bank license from the Central Bank of Nigeria, which permits it to officially operate as a financial services provider in the country.

The company’s Co-Founder and CEO, Laurin Nabuko Hainy, says TLG’s investment supports their digital banking aspirations and helps position FairMoney to grow their share of wallet while offering services to the financially excluded and …