- NAIROBI, Kenya, Oct 23 – The 7th edition of the Agro-Food Pack Exhibition is set to take place at the Sarit Centre in Nairobi. The three-day expo is co-organised by MXM Exhibitors, a Dubai-based event firm, and the Kenya National Chambers of Commerce & Industry (KNCCI)-Kajiado chapter from…
- NAIROBI, Kenya Oct 22 – The Nairobi Securities Exchange (NSE) listed real estate investment trust ILAM Fahari Real Estate Investment Trust (NSE: FAHR), redemption offer has been oversubscribed by 13.08%, paving the way for the next stage of strategic restructuring of the investment vehicle. During…
- NAIROBI, Kenya, Oct 22 – Kenya and Angola will push for the resumption of direct flights between Nairobi and Luanda as part of their efforts to spur bilateral trade. President William Ruto said Kenya-Angola trade has been on the rise in the past four years. However, he observed that more needs to…
- OSLO, Oct. 22 (Xinhua) — Norway has finalized a fisheries agreement for 2024 with Russia through digital discussions, which is viewed as Norway’s paramount bilateral fisheries contract. “We’re pleased to solidify a fisheries agreement with Russia, especially considering the exceptional…
- NAIROBI, Oct. 21 (Xinhua) — Kenya and Angola signed 11 Memoranda of Understanding (MoUs) on Saturday aimed at strengthening bilateral relations between the two countries, according to a press release. The MoUs, which were witnessed by Kenyan President William Ruto and his Angolan counterpart, Joao…
- TIANJIN, Oct. 20 (Xinhua) — Airbus delivered on Friday an aircraft assembled in north China’s Tianjin Municipality to a Chinese airline. Tibet Airlines received its first A319neo aircraft assembled in Airbus’ Final Assembly Line (FAL Asia) in Tianjin, which will be deployed on the airline’s plateau…
- NAIROBI, Kenya, Oct 21 – On a sunny Thursday afternoon, Janet Yego, a chef de partie at the Nairobi Street Kitchen, prepares ingredients as she waits for customers to start streaming in to her station. The restaurant, located in Nairobi’s Westlands area, is popular on Thursdays because it hosts…
- NEW DELHI, Oct. 20 (Xinhua) — India’s foreign exchange reserves increased by 1.153 billion U.S. dollars to 585.895 billion dollars during the week ended Oct. 13, official data released by the country’s central bank, the Reserve Bank of India (RBI), showed on Friday. This was the first time after…
- NAIROBI, Kenya, Oct 21 – As brands increasingly adopt SMS communication to connect with customers, cybercriminals are constantly developing new methods to exploit vulnerabilities in and around this channel. To combat this problem, Infobip, a global cloud communications platform, has introduced “…
- NAIROBI, Kenya, Oct 20 – Epson has unveiled the latest scanning solutions to meet growing demand in the sectors of logistics, healthcare, financial services, and the public sector. An uptick in scanning device demand, the firm said, is a result of industries increasingly relying on scanning…
- KERICHO, Kenya, Oct 20 – Government is rebuilding its healthcare system, making it more efficient and effective. President William Ruto said the new system will be less burdening and people-centred. He noted that it will be progressive, responsive and sustainable. “Kenya’s will be a shining example…
- NEW DELHI, Oct. 20 (Xinhua) — India on Friday launched its first semi-high-speed regional train service Namo Bharat, officials said. The service, also known as Regional Rapid Train Service (RRTS), was flagged off by Prime Minister Narendra Modi in the northern state of Uttar Pradesh. The train…
- NAIROBI, Kenya, Oct 20 – Global Compact Network Kenya has challenged the private sector to accelerate investments in 17 Sustainable Development Goals (SDGs) by 2030. Kenya’s network Executive Director, Judy Njino, said the private sector plays a critical role in achieving the SDGs as it holds…
- HARARE, Oct. 19 (Xinhua) — A new report recently released by the International Trade Center (ITC) on Small and Medium-sized Enterprises (SMEs) in Zimbabwe has shown that the firms are facing funding and input shortages, as well as environmental risks. “Small and Medium-sized Enterprises play an…
- CARACAS, Oct. 19 (Xinhua) — The temporary suspension of a set of unilateral sanctions imposed by the United States against Venezuela is an “unprecedented” event, said Pedro Tellechea, president of the state-owned oil company Petroleos de Venezuela SA (PDVSA). The official posted on his X account…
- NAIROBI, Kenya, Oct 20 – Kenyans will now access quality healthcare in an efficient, affordable and non-discriminatory manner. This follows the signing of four revolutionary and progressive Universal Health Coverage bills on Thursday by President William Ruto. They are the Primary Health Care Act,…
- TOKYO, Oct. 19 (Xinhua) — Demand in Japan for rice to be harvested in 2024 for consumption as a staple food is estimated to hit a record low of 6.71 million tons, dropping for the 11th consecutive year, the agriculture ministry said Thursday. The estimated demand figure for the period from July…
- NAIROBI, Kenya, Oct 19 – Kenya Power has said that it will collaborate with counties to power industrial parks. The utility firm is currently engaging devolved units to map out their respective energy needs. This will then enable it to establish appropriate infrastructure, especially with the…
- NAIROBI, Kenya, Oct 19 – Safaricom has acquired M-Pesa holdings from Vodafone Group PLC, its parent company. Its Board of Directors announced today that it had acquired 100 percent of the M-Pesa company. The acquisition of M-Pesa Holding, which started in 2014, is the firm responsible for holding M…
- NEW DELHI, Oct. 19 (Xinhua) — Google on Thursday announced the manufacturing of mobile phones in India, starting with the Pixel 8 model. The company said the devices are expected to begin rolling out in markets next year. “Just announced at #GoogleForIndia: Rick Osterloh spoke about our plan to…
- NAIROBI, Oct. 18 (Xinhua) — There appears to be no end in sight to Kenya’s rising fuel prices and the corresponding increase in the cost of other products and services. Fuel prices increased on Oct. 14 between 2.5 Kenyan shillings (about 0.02 U.S. dollars) and 0.04 dollars for petrol or gasoline,…
- NAIROBI, Kenya, Oct 19 – Suspended Communication Authority of Kenya (CA) Director General (DG) Ezra Chiloba has resigned. Chiloba tendered his resignation letter to CA’s Board of Directors yesterday. The embattled DG was last month shown the door over an alleged gross violation of his role. He was…
- NAIROBI, Kenya, OCT 19 – Kenya Power customers will be unable to purchase tokens through its token system as it is facing a hitch. The utility firm said that the failure of its pre-paid payment platform has affected the generation of electricity tokens. However, it said that it was working to…
- NAIROBI, Kenya, Oct 19 – KLM plans to replace older generations of aircraft under its management to cut fuel consumption and noise. They will be replaced by the Airbus A350, which is fuel-efficient and silent. The procurement of the above airiness is subject to the recommendations of the KLM Works…
- TOKYO, Oct. 19 (Xinhua) — The Japanese government has doubled its target for the installation of electric vehicle (EV) charging stations to 300,000 outlets by 2030, 10 times the current levels. In new guidelines released Wednesday, Japan’s industry ministry outlined a plan to support the…
- NAIROBI, Kenya, Oct 19 – High-net-worth individuals will access premium banking services at KCB Bank Kenya following the rollout of a World Elite Exclusive Credit Card yesterday with Mastercard. The new solution will be available in two categories, including World Elite KES Credit, which is…
- By Catarina de Albuquerque NAIROBI, Kenya, Oct 19 – To achieve clean water and sanitation for all by the year 2030, Africa will need to nearly triple its current investment and mobilize an additional $30 billion annually. That may seem like a hefty sum, but it’s less than two per cent of the…
- KAMPALA, Oct. 18 (Xinhua) — The Uganda Wildlife Authority (UWA) has assured tourists of their safety and security following an attack Tuesday evening that left two foreign tourists and one local guide killed near the Queen Elizabeth National Park in western Uganda. “Unknown assailants” attacked the…
- CHICAGO, Oct. 18 (Xinhua) — Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as investors reacted to geopolitical tension. The most active gold contract for December delivery rose 32.60 U.S. dollars, or 1.68 percent, to close at 1,968.30 dollars per ounce. An…
- NAIROBI, Kenya, Oct 19 – Ride-hailing platform Bolt has increased fares to cushion drivers from high fuel prices. In the review, the Estonian-based firm has increased fares by between Sh70 and Sh100 across its driver platforms of Economy, Base, Boda, and XL. It has also hiked the minimum fare, with…
- NAIROBI, Kenya Oct 18 – Daniel Munywoki Wambua, an employee of the Kenya Rural Roads Authority (KRRA), has petitioned the court to release the Sh21 million held in his frozen bank account by the Ethics and Anti-Corruption Commission (EACC). Wambua, who appeared before the Milimani court on…
- NAIROBI, Kenya, Oct 18 – Vivo Fashion Group Limited has joined the Nairobi Securities Exchange (NSE) Ibuka Program, a premium incubation and acceleration platform for high-growth companies in Kenya. The Kenyan-founded brand, which was started in 2011, is a fashion brand for women and men. It…
- ACCRA, Oct. 18 (Xinhua) — Ghanaian President Nana Addo Dankwa Akufo-Addo on Tuesday commissioned a Chinese automobile assembly plant in Kpone city of the Greater Accra Region. Zonda Sinotruk, with an investment of 30 million U.S. dollars, is the culmination of a tripartite agreement by Ghana’s…
- NAIROBI, Kenya, Oct 18 – More than 150 suppliers from the North Rift Economic Bloc (NOREB) have been trained on quality standards and capacity building by the ICT Authority (ICTA). Drawn from six counties, the group was taught how to improve the standards of their products to ensure a quality…
- NAIROBI, Kenya, Oct 18 – Motocycle manufacturer Kibo Africa has partnered with the Ministry of Environment and the Kenya Forest Service to plant over 100,000 trees in the next three years. Kibo says it has already planted 10,000 seedlings at Kereita Forest as part of its commitment to environmental…
- NAIROBI, Kenya, Oct 18 – Dettol has launched a handwashing campaign targeting over 10,000 school-going children in Nairobi’s slums. The unveiling coincides with the global observance of Global Handwashing Day, with the theme ‘Clean hands are within reach’. According to the United Nations Children’s…
- TOKYO, Oct. 18 (Xinhua) — Smoking rooms will no longer be provided on Japan’s bullet trains running on Tokaido, Sanyo and Kyushu Shinkansen lines in spring 2024, their operators have said. As of next spring, smoking rooms will be replaced with areas to store drinking water for emergencies, Central…
- NAIROBI, Kenya, Oct 18 – Absa Bank Kenya will provide Sh100 billion to micro, small, and medium enterprises (MSMEs) in various sectors. The funding will be in the form of working capital over the next three years. “As a Bank, we are fully cognizant of the immense contribution that MSMEs make to…
- NAIROBI, Kenya, Oct 18 – Small-scale farmers in Kenya are increasingly transitioning away from rain-fed farming, which is susceptible to drought, and are instead embracing irrigation technologies to enhance yields and revenue, an industry trend by Davis & Shirtliff, a provider of irrigation…
- NAIROBI, Kenya, Oct 18 – Through Little App, a digital ride-hailing platform, drivers will be insured in the event of permanent disabilities and deaths through Sanlam Kenya. Dubbed ‘Shift Your Destiny’, the insurance product boasts a wide range of features, including comprehensive family protection…
- NAIROBI, Kenya, Oct 18 – The Africa Digital Media Institute (ADMI) is set to launch Africa’s first social media platform that will provide monetization tools for content creators. Through ‘Vumicentral’, content creators will be able to establish live broadcasts and engage with their fan base.…
- SINGAPORE, Oct. 18 (Xinhua) — Economic activity in the Asia-Pacific region remains on track to contribute about two-thirds of global growth in 2023, the International Monetary Fund (IMF) said in its October 2023 Regional Economic Outlook for Asia and Pacific released here on Wednesday. Growth in…
- NAIROBI, Kenya, Oct 18 – Chinese disposable medical device maker and seller Zhende Medical says that it will build a factory in Tatu City, the 5,000-acre Special Economic Zone (SEZ) in Ruiru, Kiambu County. The Shangai Stock Exchange-listed firm also announced plans to invest $180 million in the…
- NAIROBI, Kenya, Oct 18 – Kenya is set to host the National Cassava Conference and Expo 2023 (NCCE), aimed at enhancing cassava production, productivity, and value addition. The trade fair themed ‘Spearheading Innovation and Technology for Cassava Sector’ will aid in creating positive public…
- NAIROBI, Kenya, Oct 18 – Dubai-based luxury travel company Miftah yesterday launched its operation in Kenya as the firm eyes luxury travellers in the country. Kenya’s entry is the firm’s first on the African continent, offering it an opportunity to expand to more nations on the global south. “…
- RIYADH, Oct. 17 (Xinhua) — Saudi Arabia said Tuesday it has added six more countries to its e-visa service, allowing citizens of those nations to apply for a visitor visa online ahead of their journeys to the kingdom. Visitors from Türkiye, Thailand, Panama, Saint Kitts and Nevis, Seychelles, and…
- NAIROBI, Kenya, Oct 18 – Kenya Power is in the process of amending its Memorandum and Articles of Association (MAS), giving minority shareholders a say in the firm’s decisions. The company yesterday issued a notice convening an Extraordinary General Meeting (EGM) that is scheduled to take place on…
- CAIRO, Oct. 17 (Xinhua) — Egypt plans to raise transit fees for ships passing through the Suez Canal by 5 to 15 percent starting on Jan. 15, 2024, according to a statement released by the Suez Canal Authority (SCA) on Monday. Transit fees for crude oil tankers, petroleum product tankers, liquified…
- NAIROBI, Keny, Oct 17 – Kenya Breweries Limited (KBL) has revealed that it has collected a total of 5.76 million pieces of recyclable spirit bottles in just three months to September, a move that is aimed at protecting and conserving the environment. This follows the successful completion of the ‘…
- NAIROBI, Kenya, Oct 17 – Investment management firm Kuramo Capital has announced that it will be investing Sh22 billion ($150 million) into Kenyan and African women-led businesses in the next 10 years. The initiative will be implemented under the Orem Platform, which empowers the next generation of…
