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- Kenya, Tanzania braces for torrential floods as Cyclone Hidaya approaches
- EAC monetary affairs committee to discuss single currency progress in Juba talks
- Transport and food prices drive down Kenya’s inflation to 5% in April
- Payment for ransomware attacks increase by 500 per cent in one year
- History beckons as push for Kenya’s President Ruto to address US Congress gathers pace
- IMF’s Sub-Saharan Africa economic forecast shows 1.2 percent GDP growth
- The US Congress proposes extending Agoa to 2041, covering all African countries
- Millions at risk of famine as fuel tax row halts UN aid operations in South Sudan
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.…
- German-based manufacturing company Stihl Group has announced plans to open a new subsidiary dubbed Stihl East Africa in Nairobi, Kenya, by the end of August 2022
- This will make Kenya the first East African hub for the manufacturing company and the second African country after South Africa, where the company established a subsidiary in 1996
- Stihl said it intends to distribute its agricultural and construction equipment to the East African countries, which include Tanzania, Uganda, Burundi, Rwanda, South Sudan, Ethiopia, and Somalia, through Kenya
Stihl Group, a German-based manufacturing company, has announced plans to open a new subsidiary dubbed Stihl East Africa in Nairobi, Kenya, by the end of August 2022.
This will make Kenya the first East African hub for the manufacturing company and the second African country after South Africa, where the company established a subsidiary in 1996.
Stihl said it intends to distribute its agricultural and construction …
The simple, no-code Tripesa platform makes it possible for proprietors of small businesses in the tourist and hospitality industries to conduct online sales and manage all aspects of their companies.
The platform makes it possible for a micro, small, or medium-sized organisation (MSME) in the tourism industry to construct and administer a website, collect bookings and payments, and access a dashboard for managing client relationships even if they have no prior experience with IT.
Over 260 travel and tourist enterprises from Uganda and Kenya are registered on the Tripesa platform.…
- The African Continental Free Trade Area (AfCFTA) Secretariat has launched an online hub to ease trade on the African continent
- The AfCFTA Hub is a focal point for national governments, intergovernmental, private, and public organisations
- It links the parties together to make way for SMEs and startups to drive the success of the African Continental Free Trade Area
The African Continental Free Trade Area (AfCFTA) Secretariat has launched an online hub to ease trade on the African continent.
The AfCFTA Hub is a focal point for national governments, and intergovernmental, private, and public organisations. It links the parties together to make way for SMEs and startups to drive the success of the African Continental Free Trade Area.
The online hub is designed to grow into a single, trusted directory of the services needed to navigate the AfCFTA for small players, thereby making the AfCFTA the most inclusive Free Trade Area …
- Kakuzi, a listed Kenyan agri-business, has partnered with marketing firm Driscoll’s to launch a blueberry export plan
- Under the deal, the two firms plan to grow the local and export volumes of blueberry in Kenya
- The blueberry venture, which has been undergoing production and commercial trials, is part of Kakuzi’s revenue diversification strategy
Kenya has announced plans to export blueberries into the international market, following a partnership between Kakuzi and Driscoll’s.
On August 12, 2022, the listed Kenyan business signed a deal with Driscoll’s, a global market leader in fresh strawberries, blueberries, raspberries and blackberries, to grow the local and export volumes of blueberry.
Kakuzi PLC Managing Director Chris Flowers said Driscoll’s market evaluation team conducted a fact-finding tour of the firm’s orchards in Makuyu, Murang’a county, prior to launching the blueberry export plan.
Driscoll’s team comprised 13 senior sourcing, Technical and market development executives led by Driscoll’s Vice President …
A new report has revealed the busiest airports in Africa in handling cargo traffic. The annual Africa airport traffic report 2021 released by Airports Council International (ACI) Africa on Monday, August 8, 2022, showed that 2.15 million metric tons of cargo transited through African airports. This represented around 1.7 per cent of the global cargo volume.
During the period under review, cargo traffic growth increased by 11.6 per cent compared to 2020. This came after airlines resumed operations following the devastating COVID-19 pandemic that had led to the grounding of planes.
Which airports handled the most cargo in 2021?…
Many local newspapers had online personals in the mid 1990s but were bought out by these big dating sites. From some of the comments it really shows how desperate dating sites are for money that they even advertise in comment sections. You have a much better chance going to local events and you will probably spend less than what you would spend on an online dating site.
Other apps have indicated that they might actually move closer to Facebook. For example, Bumble, founded by a former Tinder executive, said they had already reached out to Facebook regarding how to collaborate. And, “One thing everyone seems to agree on is that Facebook’s effectively endorsing online dating will be a huge legitimization event for the industry,” says Jefferies Internet analyst Brent Thill. According to Amanda Bradford, chief executive of The League, an elite dating app, “Facebook is validating that dating is a …
