CFAO invests USD 3 Million in BasiGo
CFAO has completed a USD 3 million equity investment in electric bus startup BasiGo. The deal was signed in Nairobi on Tuesday, 26 March. We are proud to announce that BasiGo has secured a USD 3 million equity investment from CFAO Group,…
Best selling phones in south Africa 2023 (Surprise new entry tops list)
While renowned brands still make the top ten, the best selling phones in South Africa 2023 in the last quarter will surprise. You may not even have heard of the name if you are not keen on smartphone brands. According…
Coltan Discovery in Kenya? Here is What You Need to Know!
Kenya has just announced a coltan mineral discovery. The Cabinet Secretary for Mining and Blue Economy Salim Mvurya announced the discovery from Embu on Wednesday 24 January. Apart from Embu, the CS said significant amounts of coltan can be found…
Launch of Pearson Virtual University Enterprises (VUE) Test Centre in Nairobi
The Prime Cabinet Secretary Musalia Mudavadi presided over the launch of the Pearson Virtual University Enterprises (VUE) Test Centre in Nairobi on Tuesday January 16, 2023. This is the second centre in Africa, after South Africa, for certifying and licensing…
Only 4 Countries Got 87 Percent of All Startup Capital 2023 – Research Shows
Research shows that only four countries scooped 87 percent of all startup capital in 2023. You guessed right: Kenya, South Africa, Nigeria and Egypt dominated their regions in fundraising. Africa: The Big Deal which tracks funding raised by startups in…
Epson Achieves 100 Percent Transition to Green Energy
Epson has transitioned to renewable energy sources in all its operations across the world. The shift to clean energy was completed in December 2023. This makes the Japanese company the first in its industry to fully go green. Seiko Epson…
Investors pump USD 19.5 million into electric motorbike startup Ampersand
E-mobility startup Ampersand raised USD 19.5 million in equity funding round and debt facility announced on 19th December 2023. The money will ramp up electric motorcycle battery production, expand swap station network and accelerate R&D on battery tech, software and…
5 Premium Smartphones are Best Selling Phones in MEA
Premium smartphones are the best selling phones in MEA (Middle East and Africa) and generally across the world. Research by Counterpoint shows that premium smartphones with a wholesale price ≥$600 have become the top choice for consumers in key markets….
Timiza Loan App : Promising Reviews
Timiza loan app a product of ABSA Bank of Kenya, a member of ABSA Group Ltd (formerly Barclays Africa). You can download the app on Google Play Store or App Store if using an iPhone. Just with your phone, you…
Why Safaricom wants fibre cables to be classified as critical infrastructure
Safaricom has called on the government to classify fibre cables as critical infrastructure in a bid to tame wanton destruction. The company has one of the most extensive fibre cable networks in Kenya with thousands of homes connected to the…
IndiGo starts direct flights between Nairobi and Mumbai
Indian airline IndiGo has started direct flights between Nairobi and Mumbai, India. The first flight took place on Saturday 5th August 2023. The IndiGo flight to Nairobi will serve both business and leisure travellers. The Kenyan city is now IndiGo’s…
Aviation week conference to be held in Nairobi for the first time ever
The African Indian Ocean (AFI) Aviation Week Conference will be held in Nairobi for the first time ever from 21st-25th August 2023. The decision to hold the 8th conference in Nairobi follows the signing of an MoU between the International…