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- Elon Musk’s Starlink is off to a bright start in Africa
- Bangkok-based hotel chain Dusit International has announced plans to open a hotel-serviced apartment in Westlands Nairobi in 2023 dubbed ‘Dusit Princes Hotel Residences’
- The upper-middle class property will comprise a hybrid of 56 one-bedroom and 30 studio apartments and 14 deluxe hotel rooms
- The opening of ‘Dusit Princes Hotel Residences’ comes after the closure of ‘DusitD2 Nairobi’ in 2021, a luxury hotel branch of Dusit International which was located at 14 Riverside Complex in Westlands
Dusit International says it plans to open a hotel-serviced apartment in Westlands Nairobi in 2023 dubbed ‘Dusit Princes Hotel Residences’, along Mimosa Lane off Church Road.
The Bangkok-based Thai Hotel and property development company said the upper-middle-class property will consist of a hybrid of 56 one-bedroom and 30 studio apartments and 14 deluxe hotel rooms.
Other facilities at the property will include an Italian-inspired restaurant dubbed ‘The Olive Restaurant’, a rooftop bar dubbed ‘The Aviary …
Kenya has much of what it takes to become a globally competitive tourist destination. With its modern infrastructure, the country has the capacity to receive many more tourists. The favourable investment climate means any increase in demand would easily trigger new investments in accommodation, attractions, and tourist services.
Demand is, however, the most crucial factor here, and with the current visa regime, Kenya faces an unnecessary barrier that limits the growth potential of a key engine of the country’s economy.
An easing of visa policies could be implemented in a matter of days and would provide an immediate boost to Kenya’s tourism competitiveness. Bringing back visa-on-arrival would be a major improvement. Visa-free entry for citizens of the main source markets even more so.…
As far as where to put money is concerned, Kenya has numerous investment sectors with tremendous potential. The prospective stability and economic recovery expected under the new administration will no doubt make way for the realization of huge money investments in the countries.…
Ruto’s bottom-up economics plan, as described in his manifesto, appealed to the electorate all over the country. The high cost of living and the rising commodity prices have mainly caused despair and hopelessness among those at the bottom of the economic pyramid.
Ruto’s promises, if realised, might give significant relief from poverty and insecurity, notwithstanding the current catastrophic drought, weak institutions, and worldwide economic instability.
Ruto’s victory is thrilling for the most vulnerable members of Kenyan society. Still, if the incoming president fails to deliver on his campaign promises, political confidence will be difficult to regain, and social unrest will likely occur in the long term.…
Infrastructure development continues to be a vital driver of foreign direct investment (FDI) since logistics are so necessary for global business development, mainly e-commerce, which is now a significant generator of income and jobs at home and abroad.…
Most Kenyans, 83 per cent, indicated a willingness to increase the amount of money they allocate to savings and investments, but the inability to save due to insufficient funds after fulfilling their obligations that require regular funding and the availability of quick digital loans.
Among their obligations which contribute to Kenyans’ financial strain is supporting their extended family which considerably bites into their savings. 84 per cent of people indicated that they regularly provide some income to their extended family, mostly in case of emergencies, because they feel a sense of obligation to send their extended families money and because their extended family members treat them better when they are sent money.
On their part, the extended family members mostly use the money to cater to recurring expenses like food & transport, school fees and medical expenses at 23 per cent, 19 per cent and 18 per cent respectively. Farm-related …
- These AWS Local Zones deliver single-digit millisecond latency performance at the edge of the cloud to hundreds of millions of people globally
- Amazon Web Services, Inc. (AWS) has revealed plans to launch an AWS Local Zone in Nairobi, Kenya
- This year, Amazon plans to launch an additional 32 AWS Local Zones in 26 countries globally reaching millions of users
Amazon Web Services, Inc. (AWS) has revealed plans to launch an AWS Local Zone in Nairobi, Kenya.
The company infrastructure will join 16 existing AWS Local Zones across the US. This year, Amazon plans to launch an additional 32 AWS Local Zones in 26 countries globally reaching millions of users.
AWS is setting up an AWS Local Zone in Kenya to capitalize on the growing popularity of cloud computing.
Why Cloud computing in Africa?
The question one would ask is …
- The Google product development centre in Nairobi has been launched weeks after Visa set up its first innovation centre in Africa
- Google, Microsoft and Visa join Cisco and Philips in setting up innovation centres strengthening Kenya’s Silicon Savannah moniker
- Visa’s innovation studio is the first in Africa and the sixth globally
The Google product development centre in Nairobi, Kenya has launched just two weeks after Visa set up its first innovation centre for the co-creation of payment and commerce solutions with partners.
Google, Microsoft and Visa join Cisco and Philips in setting up innovation centres strengthening Kenya’s Silicon Savannah moniker and as a tech investment hub in East Africa.
The tech giant’s facility, the first of its kind on the continent, is to create products and services that will have a significant impact on the African continent and beyond.
Besides the research and development centre, Microsoft has also …
- Social commerce may seem like a more foreign concept but it is widely used across Africa
- Online shopping has gained more popularity during the Covid-19 crisis, turning social networking platforms like Facebook and Instagram into business tools
- Social commerce- which is abbreviated as s-commerce- represents the integration of shopping and social media
When the Covid-19 pandemic hit back in 2019, a majority of individuals were forced to turn to social media platforms in search of goods and services.
While most people view this as the growth of e-commerce across the globe, it also gave rise to the growth of social commerce.
Social commerce may seem like a more foreign concept but it is widely used across Africa.
Online shopping has gained more popularity during the Covid-19 crisis, turning social networking platforms like Facebook and Instagram into business tools.
Social commerce- which is abbreviated as s-commerce- represents the integration of …
Nairobi needs a few changes in transport. First of all, the Central Business District should be free of Matatus. This means of transport is as old as independent Kenya and on a good day, ferries 80 per cent of Nairobi dwellers. It also racks millions in income both for individuals as well as taxes. However, the industry makes the city lose more than it makes.
Matatus are known for breaking all transport rules including double parking, blocking lanes and sometimes harbouring criminals. It costs even more money to position policemen and county government officers to reinforce discipline.
Trams and light rails have always been mooted. However, the cost and time for this have made the idea be delayed. Creating circular high capacity-bus trips commonly known as Bus Rapid Transport (BRT) system in key roads around the CBD and fed by well-positioned termini from the estates will ensure that there is …