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30-10-2014 23:52:00 | by: Administrator | hits: 29317769 | Tags:

MetroTrans invests Sh389 million in 80 new FUSO canter buses to plug public transport demand gap
27-05-2022 | 15:37:02
MetroTrans East Africa has invested Sh 389 million in a fleet of new FUSO buses aimed at meeting the door to door transport demand in the Kenyan Market. 
Nigerian Fintech Startup Grey Partners with Payments Company Cellulant for East Africa Expansion
26-05-2022 | 15:06:00
Nigerian fintech startup Grey has announced the launch of its service to East Africa starting with Kenya in partnership with Cellulant
Kenya Commercial Bank appoints Paul Russo as Group CEO
25-05-2022 | 11:45:00
He replaces Mr Joshua Oigara who has been the GCEO for the last nine and a half years. Joshua will be available for a period of time to support a smooth transition. The appointment follows a competitively run selection process that kicked off in March 2022.
[East Africa Business Week] Bob Koigi: DR Congo’s factor in the integration agenda
13-05-2022 | 14:08:00
The recent entry of the Democratic Republic of Congo to the East African Community has heralded a new economic dispensation expanding the regional market.
Rwanda to be living laboratory for 4IR
12-05-2022 | 12:14:04
Rwanda is on its way to becoming "a living laboratory of emerging technologies" by leveraging its new Center for the Fourth Industrial Revolution (C4IR).
IFC, Equity Group expand partnership to support small business lending, climate-smart projects across Eastern and Central Africa
10-05-2022 | 12:38:00
IFC and Equity Group are expanding their partnership to support the sustainable development of Africa by increasing access to financial services for small businesses and funding for green projects in six countries across Eastern and Central Africa.
South Sudan Business Community deepens partnership with East African Business Council
09-05-2022 | 16:51:20
The discussions also focused on the implementation of the EAC Single Customs Territory by the Republic of South Sudan to quicken the clearance of cargo at the Elegu/Nimule border.
Allianz acquires controlling stakes in Kenya’s Jubilee Holdings subsidiaries
09-05-2022 | 10:07:22
Jubilee Holdings (Jubilee Insurance), East Africa’s insurance group, and Allianz, world's insurers and asset managers, signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Gig economy powers East Africa, tackles unemployment, Mastercard report
09-05-2022 | 10:07:21
Mastercard has released a white paper revealing how gig work across East Africa is helping to drive economic growth by facilitating economic opportunities, improving livelihoods, and acting as a buffer against unemployment.
OPEC Fund approves $20m for SMEs in East Africa
09-05-2022 | 10:07:18
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million term loan in favor of East African Development Bank, to support SMEs and infrastructure projects in East Africa.
IFC provides loan to support Tanzanian glassmaker Kioo
09-05-2022 | 10:06:32
IFC announced a loan to Kioo, East Africa's largest producer of glass bottles, to help the Tanzanian company weather COVID-19-related challenges, protect jobs, and invest in energy-efficient machinery to reduce its carbon footprint.
Equity Bank Congo, Banque Commerciale Du Congo receive regulatory approval for merger
09-05-2022 | 10:06:18
Equity Group Holdings (EGH) received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commerciale Du Congo (BCDC) to form a new bank - Equity Banque Commercial du Congo (EquityBCDC).
Equity becomes first Eastern and Central African bank to cross the one trillion shilling balance sheet mark
09-05-2022 | 10:06:15
The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform.
DFC approves over $2.1b in new investments for global development
09-05-2022 | 10:06:04
The U.S. International Development Finance Corporation (DFC) has approved investments this quarter totaling more than $2.1 billion to advance development in emerging markets in Africa, Eastern Europe, Indo-Pacific, Latin America, and the Middle East.
Canada announces over $73 million in funding to respond to drought in Horn of Africa
28-04-2022 | 13:29:00
Severe drought conditions in Ethiopia, Kenya and Somalia could result in over 20 million people across the region needing emergency food assistance in 2022, which would be a 70% increase when compared to the severe drought in 2016 and 2017.
[Kenya] Banks tipped on healthy competition with FinTechs
21-04-2022 | 07:43:00
If banks are to adequately compete and address the challenge posed by the growing influence of fintechs into their space, they will need to modernize their systems to exceed the services offered by these financial technology players. 
The Safaricom Youth Orchestra marks it's 8th Graduation Ceremony
07-04-2022 | 08:02:51
Based on this year’s theme, Play it Forward, students were encouraged to go out into the world and make a difference through acts of kindness such as volunteering their skills or mentoring others who are pursuing the same musical path.
Yara Growth Ventures joins SoftBank Vision Fund 2 as an investor in leading African agri-marketplace
31-03-2022 | 12:54:00
Apollo Agriculture a leading African agri-marketplace – announced a series B funding round of USD 30M led by SoftBank Vision Fund and Yara Growth Ventures.
InfraCo Africa investit dans des ferries sûrs et abordables pour le transport de passagers
31-03-2022 | 12:32:07
InfraCo Africa a signé une convention entre actionnaires avec Globology Ltd, engageant 3,8 millions de dollars US pour soutenir l’expansion des opérations de transport de passagers de la société Waterbus, active sur le Lac Victoria.
OpenWay scales up Its partner network in East Africa
30-03-2022 | 09:36:00
These new additions to OpenWay’s partner network will allow its clients to reduce time-to-market for innovative digital payments solutions in East Africa and beyond.
DR Congo joins the East African Community as the seventh member
30-03-2022 | 09:11:00
The Summit of EAC Heads of State at their 19th Ordinary Summit  admitted DRC following recommendation by the Council of Ministers.
Kenya to host region’s first trade facilitation summit
17-03-2022 | 09:58:00
Kenya is set to host the first trade facilitation summit in the East African region as the country seeks to increase international trade.
Goodlife Pharmacies raises $12m to increase access to quality medicines and healthcare services in East Africa
11-03-2022 | 09:14:00
Healthcare and retail pharmacy chain, Goodlife Pharmacies, raised $12 million in debt financing from Proparco, the French Development Finance Institution, to increase access to quality medicines and healthcare services in East Africa.
[Kenya] Jubilee Holdings acquires 10% additional stake in SEACOM
10-03-2022 | 10:33:00
Insurance group Jubilee Holdings Limited (JHL), announced it has purchased an additional 10% stake in submarine fibre optic cable project  SEACOM, increasing its shareholding in SEACOM from 8.8% to 18.8%.
[Column] Hardeep Sound: Three East Africa economic sectors ripe for tech innovation
10-03-2022 | 09:49:08
Countries across East Africa are breathing a sigh of relief as pandemic-related challenges finally ease and the prospect of some form of normalcy emerges.
[East Africa Business Week] Bob Koigi: The fintech revolution and what it portends for the region
04-03-2022 | 13:52:46
The expansion of Nigerian fintech Paga to Ethiopia through a partnership with the Bank of Abyssinia is the latest in a growing list of digital financial services investments in the region.
Mozilla Common Voice announces $400K in grants for Kiswahili voice tech projects in East Africa
03-03-2022 | 06:49:00
Mozilla Common Voice, an open-source initiative that aims to make voice technology more inclusive has announced $400,000 in grants for voice technologies that leverage its open-source Kiswahili data set.
Upbeat Mitel Eyes East Africa Expansion for growth
28-02-2022 | 06:25:00
Mitel, a leader in business communication technology, has announced plans to expand its footprint in the East African region, buoyed by a positive growth trajectory experienced last year.
KCB Group and EAC Secretariat sign deal on establishment of a mini-branch in Arusha
25-02-2022 | 13:10:00
Further, the bank will avail MoneyGram and Western Union services and also provide a platform for banking inquiries.
[East Africa Business Week] Bob Koigi: Investing in women-led businesses to deepen integration
25-02-2022 | 11:48:39
East African member states, private sector players and development partners have stepped up their investment in women-led businesses and SMEs in a move likely to impact cross-border trade and boost integration in the region.
[Column] Cheikh Oumar Seydi: Africa’s health security requires strong African regulators
23-02-2022 | 10:28:00
The Covid-19 pandemic has taught us many lessons about health security – not the least that, when health resources are scarce, African countries cannot necessarily rely on imports to protect their people.
KARL STORZ joins IFC medical equipment facility to improve healthcare services in Africa
23-02-2022 | 07:28:19
Leading endoscope manufacturer KARL STORZ became the newest company to join IFC's Africa Medical Equipment Facility, IFC announced today, helping Africa's healthcare providers to further strengthen their services in the wake of the COVID-19 pandemic.
Bloomberg Philanthropies Partners with CARE to Support Women Small Business Owners in East Africa
21-02-2022 | 05:41:00
Bloomberg Philanthropies announced a partnership with CARE to expand existing Village Savings and Loans Associations (VSLAs) for agricultural funds in Tanzania, Rwanda, and Democratic Republic of the Congo
[East Africa Business Week] Bob Koigi: Financial institutions bank on tech to bolster offerings
18-02-2022 | 14:42:31
East Africa financial institutions are betting on tech to boost their offerings, grow their customers’ portfolio and stay afloat in a competitive market.
Tullow receives contingent consideration following Final Investment Decision in Uganda
17-02-2022 | 10:52:00
Tullow Oil announced that the Final Investment Decision for the Tilenga Project in Uganda and the East African Crude Oil Pipeline (EACOP), has triggered a contingent consideration of $75 million in relation to Tullow’s sale of its assets in Uganda to Total.
Aga Khan hospitals receive €2.3m grant from Proparco to boost healthcare access in East Africa
16-02-2022 | 14:16:00
The Aga Khan hospitals in East Africa have received €2.3 million grant from Proparco to increase access to healthcare services by boosting oxygen supply and supporting needy patients with quality care.
[East Africa Business Week] Bob Koigi: What EU’s lifting of financial sanctions on Burundi means for EAC
11-02-2022 | 12:56:00
The EU made the decision in the wake of deteriorating political situation occasioned by a disputed presidential election in 2015.
East African Community hails the European Union for lifting financial sanctions on Burundi
10-02-2022 | 11:15:53
The East African Community (EAC) Secretary General, Hon. (Dr.) Peter Mathuki, has hailed the European Union (EU) for lifting financial sanctions that it imposed on the Republic of Burundi almost six years ago.
[East Africa Business Week] Bob Koigi: Heightened oil and gas activities inspire more investments
04-02-2022 | 06:30:00
As the East African nations continue to make oil and gas discoveries, investors and multinationals are pitching tent in the region on an exploration binge with governments betting on the newfound resources to grow national and regional economies.
[East Africa Business Week] Bob Koigi: Sub marine cable investment connects region to the world
28-01-2022 | 12:51:00
An increase in submarine cable activities and fiber connectivity is attracting more investments in East Africa while opening up the region to the world.
[Column] Phyllis Wakiaga: Why Kenya is losing its place in regional trade
27-01-2022 | 12:08:00
Whereas Kenya has been trying to revive regional trade, our own policies and regulations developed over the last couple of years hinder these efforts.
Samsung appoints Tae Sun Lee new MD for East Africa
24-01-2022 | 12:55:00
Samsung Electronics has appointed Mr. Tae Sun Lee as the new East Africa Managing Director effective January 2022. He takes over from Mr. Seok Min Hong who has been at the helm of the company since September 2017.
[East Africa Business Week] Bob Koigi: What 2022 portends for East Africa
14-01-2022 | 14:50:00
As the East African Community, EAC, member states eye innovative ways of deepening integration and trading more with each other, the bloc and individual countries are putting in place mechanisms, policies and legislation that seek to address longstanding hiccups that have put the brakes on seamless regional trade.
[Column] Hardeep Sound: Four make-or-break priorities for East Africa’s economic recovery
14-01-2022 | 12:06:00
How does the East African region achieve a full economic recovery from the impact of the pandemic while also building toward a more globally-competitive and sustainable future?
Kenyan BNPL startup Lipa Later secures $12m funding to expand across Africa
13-01-2022 | 13:10:00
Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.
EAC partner states working towards adopting the EACPass to minimize cross-border trade impasse
11-01-2022 | 08:13:00
This happens in the background of an ongoing trade impasse at the Kenya-Uganda border points of Busia and Malaba that has disrupted cross-border trade. The two borders on the Northern Corridor also serve Burundi, the Democratic Republic of Congo, Rwanda and South Sudan.
[East Africa Business Week] Bob Koigi: Bridging digital divide, bolstering regional connectivity
23-12-2021 | 13:37:00
As the internet increasingly redefines human relations and penetration takes shape across Africa, the East African region is tapping into the numerous benefits that comes with connectivity.
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
17-12-2021 | 14:24:00
The East African community continues to live up to its billing as a prime investment destination for investors.
African Development Bank appoints Patricia Laverley as Country Manager for Tanzania
15-12-2021 | 10:11:00
The African Development Bank announced the appointment of Patricia N. Laverley as Country Manager, designated for the Tanzania Country Office.
Diamond Trust Bank joins the United Nations Global Compact
09-12-2021 | 11:33:38
Diamond Trust Bank (DTB) has become a participant of the United Nations Global Compact, joining thousands of leading companies across the world that have committed to advance principles of responsible and sustainable business.
Accor signs first Mantis in Masai Mara Kenya, set to open in 2024
07-12-2021 | 10:38:00
Accor, the world hospitality group with over 400 hotels across India, Middle East, Africa and Turkey is expanding its footprint in Eastern Africa with the opening of the first Mantis property in Kenya.
Papa John’s International expands into Kenya and Uganda
24-11-2021 | 10:31:00
Papa John's International announced its expansion into Sub-Saharan Africa with its newest franchise partner Kitchen Express LTD, a subsidiary of AAH Limited, the majority shareholder of Hass Petroleum Group.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
23-11-2021 | 15:36:00
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Liquid Intelligent Technologies appoints Denny Marandure as new CEO for Raha Limited, Tanzania
22-11-2021 | 11:05:00
Liquid Intelligent Technologies, a business of Cassava Technologies, announced the appointment of Mr. Denny Marandure to the position of Chief Executive Officer for Raha Limited, Tanzania.
East Africa GDP set for full recovery in two years, AfDB economic outlook
17-11-2021 | 18:52:45
The East African economic growth is projected to recover this year despite COVID-19 setback thanks to sustained public spending on infrastructure and improved performance of the agricultural sector.
DP World launches e-Commerce platform DUBUY.com in Kenya
09-11-2021 | 08:31:00
Trade enabler, DP World, announced the launch of its global wholesale e-Commerce platform DUBUY.com in Kenya, bringing a new digital trade corridor for Kenya and the East African region for efficient, reliable B2B e-Commerce for businesses of all sizes.
AfDB approves $10 million equity investment to boost cold storage and distribution of food, pharmaceuticals in East Africa
28-10-2021 | 14:49:50
The investment will advance the Fund toward its targeted final close of $100 million by the second quarter of 2022. The Fund’s first close of $30 million occurred in November 2019.
European Investment Bank leverages EUR 95 million to finance Rwandan businesses
26-10-2021 | 12:44:19
New investments by companies across Rwanda most impacted by COVID-19 will be supported with EUR 95 million of new financing backed by the European Investment Bank (EIB).
Africa Investment Forum, projects worth $140 million on the table to boost vaccines and healthcare in Africa
25-10-2021 | 09:26:00
Members of the Africa Investment Forum team showcased two projects as the continent looks to boost its healthcare sector and attract much-needed investment in the wake of the Covid-19 pandemic.
First of its kind diagnostic center opens in Uganda with lifesaving equipment
19-10-2021 | 17:46:00
GE Healthcare and medical group AFRIPHARMA announce the opening of the Afri-Egypt Health Services Center, a first of its kind in Uganda with lifesaving equipment from GE Healthcare.
African Development Bank debars Express Automation for fraudulent practices in Kenya
08-10-2021 | 08:32:36
The African Development Bank announced a 36-month debarment of Express Automation, a limited liability company, for fraudulent practices in Kenya.
SEACOM MD for East North East Africa Tonny Tugee resigns
30-09-2021 | 15:50:45
SEACOM on Thursday announced that its Regional Managing Director for East North East Africa, Tonny Tugee, is leaving the company.
EABC-EATP sign agreement to champion growth of the EAC tourism sector
17-09-2021 | 10:16:12
The East African Business Council and East African Tourism Platform have signed a memorandum of understanding geared to market the EAC bloc as a single and most attractive tourist destination.
Chevron partners with Tristar Group to strengthen production and distribution of Caltex lubricants in East Africa
16-09-2021 | 08:38:44
With the signing of this agreement, Chevron has strengthened its already growing presence in East Africa and entrusted its operations to AML as a licensee.
Westcon-Comstor appoints Norbert Siteyi as Regional Sales Manager for East Africa 
09-09-2021 | 09:02:00
Westcon-Comstor Sub-Saharan Africa has appointed Norbert Siteyi as regional sales manager for its East Africa region.
EABC signs agreement with Afreximbank to roll out the African Customer Due Diligence Platform
09-09-2021 | 08:59:54
This partnership is set to boost East African companies and Small Medium Enterprises (SMEs) to take advantage of African Continental Free Trade Area (AfCFTA) through accessing a centralized source of due diligence information.
[Column] Hardeep Sound: Could Tech ‘lions’ prowling Silicon Savannah hold  key to East Africa’s post pandemic recovery?
02-09-2021 | 10:26:34
As East Africa recovers from the social and economic impact of the pandemic, could the region’s vibrant tech start-up ecosystem be a catalyst for accelerated growth?
Trina Solar expands its presence in East and Central Africa
31-08-2021 | 16:44:26
Trina Solar Co., Ltd., a global PV and smart energy total solution provider, is announcing the appointment of Solinc East Africa Ltd in Kenya as an official distributor to supply Trina Solar’s products and solutions in East Africa.
Djibouti Telecom doubles capacity of DARE1 submarine cable network with Ciena’s GeoMesh Extreme
24-08-2021 | 10:16:00
Djibouti Telecom is leveraging Ciena’s GeoMesh Extreme solution to upgrade its DARE1 (Djibouti Africa Regional Express1) network to increase digitization in the East Africa region.
IFC supports Intelvision to strengthen broadband internet network in Seychelles
17-08-2021 | 09:00:01
Broadband network and digital services offered in Seychelles will get a boost from a new cable system that will be leased by Seychelles-based telecommunications provider Intelvision, with support from IFC.
HEVA Fund, British Council launch a €4.5M grant facility to support creative and cultural industries in 14 Eastern African countries
12-08-2021 | 11:05:00
HEVA Fund LLP and the British Council, as part of the ACP-EU Culture Programme, have established a grant facility, named Ignite Culture, for the support of creative and cultural industries (CCIs) in 14 countries in Eastern Africa.
Proparco invests in ARAF to drive climate adaptation for smallholder farmers across Sub-Saharan Africa
06-08-2021 | 09:43:00
Proparco, through FISEA+, the AFD Group fund advised by Proparco, signed a $5 million investment in Acumen Resilient Agriculture Fund (ARAF), to help smallholder farmers in East and West Africa adapt to climate change.
[Column] John Syekei: East Africa data infrastructure ready to move to the next level
06-08-2021 | 08:13:00
Kenya, Tanzania and Uganda have each reached some key milestones in their efforts to put always on, high-speed data communications within reach of citizens and businesses.
Nutreco enters into two joint ventures with Unga Group to expand East African footprint
05-08-2021 | 10:54:17
The yet to be named joint ventures will focus on fish feed development in East Africa and complete animal feed development in Uganda. The entities will make significant investments in production capacity in both Kenya and Uganda to meet the anticipated future market demand.
Siemens looks at the future of mining in Africa as it launches SIDRIVE IQ
04-08-2021 | 09:52:00
Siemens has launched its SIDRIVE IQ industrial IoT monitoring solution for drive systems at its Virtual Smart Mining Forum, seeking to showcase how the solution can increase drive uptime to improve mine site productivity.
TradeMark East Africa and UK’s Institute of Export ink agreement to establish digital trade corridor
30-07-2021 | 12:32:49
The initiative, the ‘UK-Kenya Trade Logistics Information Pipeline’ (TLIP), aims to eliminate paperwork and introduce much better visibility up and down supply chains that flow between Kenya and the UK.
[Column] Carol Koech: Are data centers in East Africa ready for digital demand?
23-07-2021 | 14:14:00
Last year was different for many obvious reasons. But one habit which hasn’t changed is our need and use of everything digital. The pandemic has accelerated our use of digital channels, both as individuals and as businesses.
iSAT Africa, SES Networks partner to provide reliable 4G services in East Africa
15-07-2021 | 14:22:00
Communities living across the eastern most peninsula of Africa will be able to enjoy 4G services on their mobile phones following a three-year partnership agreement signed by fixed satellite solution and professional service provider, iSAT Africa and SES.
LG to open 20 new stores in East Africa expansion plan
15-07-2021 | 10:18:00
LG Electronics is expanding its market footprint in East Africa by opening new shops in four countries in response to the growing demand for home appliances.
The Continental headquarters of the AeTrade group has been awarded to Rwanda
09-07-2021 | 11:53:00
The African Electronic Trade Group (A-eTrade Group) which also includes the African e-Commerce Development International, has accepted the offer of the Government of Rwanda to host the continental headquarters.
TradeMark East Africa and TDB ink deal to support trade in Eastern and Southern Africa
08-07-2021 | 09:44:00
TradeMark East Africa (TMEA) and the Eastern and Southern African Trade & Development Bank (TDB) have signed a Memorandum of Understanding (MoU) that establishes a framework for collaboration ultimately seeking to boost trade in the region served by both institutions.
[Column] Hardeep Sound: The pandemic’s impact in East Africa demands accelerated digital transformation
30-06-2021 | 08:59:45
Facing the prospect of a rapidly growing youth population, countries in the region are in a race to equip their youth with the digital skills they need to drive economic growth and innovation.
[Free Webinar] Jumpstart your productivity AND profitability with Incentro and VOGSY
23-06-2021 | 16:16:00
This webinar will consist primarily of a live demo of how VOGSY offers Quote-to-Cash services as a Google Workspace Add-on.
The Global Environment Facility approves $5.7 million to support climate actions in COMESA
16-06-2021 | 12:40:32
The five-year Capacity Building Initiative for Transparency (CBIT) project will enable The Comoros, Eritrea, Seychelles and Zambia to comply with the Paris Agreement’s enhanced transparency framework (Article 13).
COMESA-EAC-SADC Tripartite leadership changes hands
14-06-2021 | 12:09:08
The objective of the COMESA-EAC-SADC Tripartite group is to strengthen economic integration of the southern and eastern Africa region through joint planning, design, coordination, and implementation of policies and programmes across the three blocs.
Dimension Data earns top cloud accreditation as an Azure Expert Managed Services Provider
10-06-2021 | 21:32:50
Branded Dimension Data in the Middle East and Africa region, has been recognized by Microsoft with the highest accolade for Azure Cloud experience, being named an Azure Expert Managed Services Provider (MSP).
Adenia acquires life sciences distributor Africa Biosystems
03-06-2021 | 10:45:00
Adenia Partners, a private equity firm investing in Africa, announced it has completed the acquisition of Africa Biosystems Limited (ABL), a distributor of life sciences and clinical diagnostics equipment in East Africa.
Mastercard appoints Victor Ndlovu Director, Business Development Lead, East Africa
27-05-2021 | 07:19:00
Mastercard has today announced the appointment of Victor Ndlovu as Director, Country Business Development Lead for East Africa.
East African Community bets on reliable and affordable energy to drive integration
24-05-2021 | 08:29:49
Reliable and affordable energy sources of energy are key to the attainment of all the four stages of the EAC integration, namely the Customs Union, Common Market, Monetary Union and Political Federation.
Ascent announces first close of Ascent Rift Valley Fund II
21-05-2021 | 00:28:00
African private equity fund manager Ascent announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target of USD 80 million.
Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
20-05-2021 | 13:02:00
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Vertiv introduces new Plug-and-Play micro data center system for edge computing in EMEA
18-05-2021 | 22:28:34
Vertiv, a global provider of critical digital infrastructure and continuity solutions, introduced the Vertiv™ VRC-S, a fully factory-assembled micro data center designed for fast, easy installation at the edge of the network and other small IT sites.
EU contributes €8m to strengthen gains in Desert Locust fight in the Horn of Africa
14-05-2021 | 14:26:00
The Food and Agriculture Organization of the United Nations (FAO), welcomed €8 million contribution from the EU to enable countries in the Horn of Africa maintain a state of readiness in the face of a possible resurgence of Desert Locusts.
New Hapag-Lloyd East Africa service to arrive in Kenya and Tanzania
14-05-2021 | 13:46:00
The new Hapag-Lloyd East Africa Service 3 (EAS3) is scheduled to arrive in Kenya and Tanzania next week. The new service will offer excellent connections to Hapag-Lloyd’s global network; Seven 2,800 TEU vessels being deployed in the service.
Starsight Energy expands into East Africa
13-05-2021 | 14:24:00
Starsight Energy announced its expansion into East Africa via the acquisition of a 50% stake in the East African operations of Premier Solar Group, a Commercial & Industrial (C&I) solar company with a focus on Sub-Saharan Africa and South Asia.
Peter Mathuki takes over as East African Community Secretary General
28-04-2021 | 08:32:49
Dr. Mathuki highlighted some of his priorities for the next five years including: pushing for the implementation of liberalization of trade-in services; open skies; harmonization of domestic taxes and standards.
Twiga Foods East Africa appoints Yebeltal Getachew as CEO
23-04-2021 | 16:30:59
Getachew will lead the commercial growth and expansion of Twiga’s business in Kenya and across the borders into the wider East Africa market, in line with the strategic goals of the company.
African Union set to boost intra-African agricultural trade
23-04-2021 | 10:33:08
The African Union (AU) has set out plans to construct industrial parks that will improve the manufacturing of agricultural products as well as the supply chain.
Vodacom Tanzania and Britam unveil digital insurance service
23-04-2021 | 08:54:09
Vodacom Tanzania and Britam Insurance have inked a partnership deal that will see the former issuing third party motor vehicle insurance cover to its over 15 million clients.
MIGA issues guarantees of $37.1m to AIIF3 for clean off-grid solar energy in Central and East Africa
21-04-2021 | 09:52:00
MIGA issued guarantees of up to $37.1 million to a fund (AIIF3), to cover the fund's equity and quasi-equity/shareholder loan investments in Bboxx subsidiaries in Rwanda, Kenya, and DRC for up to 10 years.