Kenya financing
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Draghi urges Biden to promote long-term peace plan for Ukraine
(Bloomberg) – Italian Prime Minister Mario Draghi has said allies should start working on negotiations for a lasting peace process in Ukraine, even as they continue ... -
African nations are planting mangroves to tackle climate issues
MOMBASA, Kenya— In a bid to protect coastal communities from climate change and encourage investment, African countries are increasingly turning to mangrove restoration projects, with Mozambique ... -
Aaap Webinar – Adaptation finance must go to those who need it most
the Africa Adaptation Acceleration Program (AAAP) hosted a session titled “AAAP: Transformative Adaptation to Accelerate and Scale Up Climate Action” at the virtual Gobeshona Global Conference ... -
FirstFT: Refiners in China are still buying Russian oil
Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe/Africa or Americas edition to send it straight to your inbox ... -
Investors sought for the Akiira geothermal project, Kenya
Akiira geothermal project site, Naivasha/ Kenya (source: Akiira One) Akiira Geothermal is seeking investors to provide capital for the potential 70 MW geothermal power project in ... -
The essential Kibaki – Le Standard
Mobile telephony has done wonders for the economy. [Fle, Standard] In a column last week, my friend Jaindi Kisero called Kibaki a Keynesian economist. He referred ... -
Lobby group pressures government over Nairobi highway deal
The Consumers Federation of Kenya (COFEK) has called on the government to publicize the Ksh 89 billion agreement on the Nairobi highway. COFEK, in a petition ... -
Kenya Rugby Union (KRU) could lose Sh2B for breach of contract
KRU is among 19 impactful projects listed in a $500 million principal investment by a consortium of commercial and political banks and non-banking financial institutions in ... -
Program loaded as ZITF roars to life
the herald Bulawayo OfficeTHE 62nd edition of the Zimbabwe International Trade Fair (ZITF) begins tomorrow with Kenyan President Uhuru Kenyatta unable to attend the official opening ... -
Despite China’s Commitment to Scrapping Coal Power Plants, Indonesian Projects Are Possible — BenarNews
According to an analysis released Friday by a Finland-based energy research group, China’s promise last year to end funding for coal-fired projects abroad led to the ... -
Priority to innovation and financial inclusion
Masayoshi Son’s SoftBank fund is the latest high-profile investor in bKash. Photo: Getty Masayoshi Son’s SoftBank fund is the latest high-profile investor in bKash. Photo: Getty ... -
Pennsylvania Senate candidate McCormick has earned $22 million as hedge fund CEO | app
Dave McCormick earned more than $22 million last year as CEO of the world’s largest hedge fund, a post he left to run for the U.S. ... -
1.4 trillion shillings disbursed in phantom electricity
Over the past 16 years, Uganda has paid at least 1.4 trillion shillings to 13 private power companies for electricity that was never consumed.Although it was ... -
Prince William explains to Cate Blanchett why climate change is overwhelming for so many people
William, the second in line to the throne, and his father Charles told world leaders at the Glasgow climate conference in November that they must make ... -
Yabx Leverages Mobile Money Data to Assess Credit Risk in Africa
Financial institutions in Africa have historically relied on credit bureau scores, or customer financial footprints, to make lending decisions. In the absence of these, social demographics ... -
Lending to Saudi MSME sector expected to grow in 2022
RIYADH: The CEO of NMC Healthcare, Michael Davis, deals with patients’ pain all the time. And now he feels the pain himself in many ways. The ... -
Tekedia Capital’s Portfolio Startup TradeGrid Grows 263% MoM in Q1 2022
Going through many quarterly reports this week. Allow me to congratulate our TradeGrid team for the last quarter; Outstanding Operational Execution in the Nigerian Oil and ... -
Raising the bar for the economic agenda ahead of the 2022 election
Data center Raising the bar for the economic agenda ahead of the 2022 election Tuesday 05 April 2022 Economic growth concept. PICTURES | SHUTTER By MBUI ... -
World Bank to finance smallholder farmers in Kenya
world Bank is intended to finance smallholder farmers in Kiambu County in Kenya. The credit funds are expected to finance smallholder farmers across nine value chains ... -
Nokia G21 now available for purchase in Kenya for Kes 19,999
HMD Global, the makers of Nokia phones, has announced that the Nokia G21 is now available for purchase in Kenya. The Nokia G21 succeeds the Nokia ... -
Japan pledges to strengthen post-COVID development cooperation with Africa
TOKYO (Kyodo) — Japanese Foreign Minister Yoshimasa Hayashi said on Sunday he is committed to strengthening post-COVID-era development cooperation with countries in Africa, where the influence ... -
12 takeaways from agtech from 12 conversations with global agriculture experts
Rhishi Pethe is the creator of “Software is Feeding the World”, a free weekly newsletter on technology trends in food and agriculture, and responsible for product ... -
PharmAccess Group Launches Medical Credit Fund II to Support Healthcare Financing in Ghana
As part of efforts to make healthcare delivery more sustainable and efficient in Ghana, PharmAccess Group has launched the second phase of the Medical Credit Fund ... -
Today in FinTech: Euroclear supports Fnality
In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the country Down Under. In ... -
SM Tharman appointed to new UN advisory board on multilateralism
SINGAPORE – Chief Minister Tharman Shanmugaratnam has been appointed to a new high-level United Nations advisory board on effective multilateralism. The 12-member council – made up ... -
Ukraine says it killed another Russian general, the 4th since Putin’s invasion began
Major General Oleg Mityaev was killed in the Russian assault on the city of Mariupol on Tuesday, Anton Gerashchenko, adviser to the Ukrainian Interior Ministry, wrote ... -
Why Climate Change Concerns Your Banker
Ideas & Debate Why Climate Change Concerns Your Banker Tuesday, March 15, 2022 By JUDY MUIGAIMore from this author Summary We live in a world where ... -
US and EU lead efforts to increase pressure on oligarchs by banning exports of luxury yachts, cars and alcohol to Russia
President Biden, along with the G7 leaders of Canada, France, Germany, Italy, Japan and the United Kingdom, as well as the European Union, impose new economic ... -
Why countries must learn to live with new climate norms
The way society has been organized for decades will not work for the future. We will be living on what will essentially be a different planet, ... -
World Bank approves additional $489 million support package for Ukraine
RIYADH: Women are increasingly making a name for themselves on corporate boards across the Arab world as reforms and empowerment initiatives offer new opportunities. Their future ... -
Kenya raises debt ceiling and Samia rushes to borrow
By JAMES ANYANZWA Kenyan lawmakers are pushing for a change in legislation to support new debt of Ksh 4 trillion ($35.39 billion) to fund a growing ... -
COOK: US wants bilateral trade with Africa
By JAMES ANYANZWA Akunna Cook, Deputy Assistant Secretary of State of the United States, spoke with James Anyanzwa about the Joe Biden administration’s investment strategy for ... -
Ukraine war: the West still hides its support for Russia
According to a report just released by AP, Europe, Canada and the United States have just agreed to exclude Russia from the SWIFT banking system. If ... -
North Africa: Okutoyi boosted by the NOC-K before his tour in North Africa
Nairobi — Kenyan tennis sensation Angela Okutoyi has been boosted by the National Olympic Committee of Kenya (NOC-K) with plane tickets and kits ahead of her ... -
A roadmap for the electrification of minibuses
A roadmap for the electrification of minibuses by Elise Gout |February 23, 2022 Minibuses in Kenya. Photo: Tmaokisa Over the past decade, momentum has grown in ... -
“The doses are there, but the hesitation to vaccination remains high”
Published on: 02/19/2022 – 14:30 The World Health Organization (WHO) announced on Friday the launch of a production program for Covid-19 vaccines in Africa. Six countries ... -
24 pension schemes raise 2 billion shillings to fund Mandera-Wajir road
Economy 24 pension schemes raise 2 billion shillings to fund Mandera-Wajir road Friday, February 18, 2022 Some roads in northern Kenya are in poor condition. FILE ... -
Banks have done everything to prevent Ugandans from accessing capital
By JOACHIM BUWEMBO The death in Nairobi last month of Ugandan central bank governor Emmanuel Tumusiime-Mutebile dominated the country’s news and commentary for a fortnight. As ... -
‘Historic expansion’ of United Nations pooled fund to boost sustainable development |
“The Fund is able to bridge the gap between donations and impact investing,” said Hiro MizunoUN Special Envoy for Innovative Finance and Sustainable Investments, adding that ... -
The 7th Assembly of the International Day of Women and Girls in Science – India Education | Latest Education News | World Education News
UNESCO Assistant Director-General for Natural Sciences, Shamila Nair-Bedouelle, will address UN Member States and other participants at the 7th Assembly of the International Day of Women ... -
CAF-Africa provides over 121 million pieces of PPE to community health workers in Africa
By staff The Covid-19 Action Fund for Africa (CAF-Africa) is providing almost 40 million additional personal protective equipment (PPE) to community health workers (CHWs) in 10 ... -
Are energy agencies ducking probe into wind power contract?
Wind farm at Sarima, near Lake Turkana in Laisamis, Marsabit County. [Ali Abdi, Standard] For three consecutive days last week, the Public Investments Committee (PIC) of ... -
Impact Investing Ghana receives RISA funding to support research and industry
Impact Investing Ghana (IIGh) has received GBP 109,536 from the Research and Innovation Systems for Africa (RISA) fund to foster research-industry linkages in Ghana. The project ... -
5 winners graduate from the Standard Chartered Women in Technology Incubator program
5 women have joined the league of winners of the prestigious Standard Chartered Women in Technology Incubator (SC-WITI) program in Nigeria. Chief Executive Lamin Manjang announced ... -
Jeff Bezos’ new megayacht is so big the Dutch will have to dismantle a historic bridge to let it pass
Jeff Bezos’ new yacht is so big it won’t reach the sea unless a Dutch town removes part of a historic bridge. Dutch broadcaster Rijnmond reported ... -
Pledges are fine, but the test is to fund them
Kenyans gathered in a political rally. African elections do not normally involve debates on the state of public finances. You won’t get concrete, transaction-level promises on ... -
Asset financiers to the rescue as Bolt plans to hire 200,000 new drivers in Africa to meet growing demand for ride-sharing services – TechCrunch
Lockthe Estonian mobility technology company which recently wrapped up a huge round, plans to onboard 200,000 more drivers in Africa this year as it kicks off ... -
Akbanga Tycoon diversifies into oil
Sina Gerard, famous for the production of the “akabanga” oiled pepper, has diversified into petroleum products, reports Taarifa Business desk. Under a newly registered company as ... -
Here are Amsterdam’s leading female entrepreneurs to watch in 2022
Entrepreneurship is crucial for economic development and women have made a huge effort in recent years to be present in the world of entrepreneurship. According to ... -
Construction Soft Costs vs. Hard Costs
A man using a calculator. PICTURES | TO FILE Construction costs generally fall into two main categories: soft costs and fixed costs. Hard construction costs are ... -
Bralirwa shares trade poorly on the Rwanda Stock Exchange
If you own property and don’t have the time to manage how those properties are taxed, chances are you’ll end up with tax penalties. Arguably, the ... -
The contrasting role of India and China in Africa
Trade between China and Africa grew by 700% during the 1990s, and China is currently Africa’s largest trading partner. By (Mrs) Amb Narinder Chauhan Modern political ... -
Tech in 2022: What’s Next After the Unicorn Pandemic Boom?
Investment flows into the African tech ecosystem have increased significantly over the past few years. In 2020, African startups raised a record $2.4 billion, a figure ... -
Hervest takes women’s financial habits beyond typical banking – Solape Akinpelu, CEO
If you take the trouble to look around you will find that there are many statistics on women in Africa and on finance. A recent study ... -
The recovery of the tourism sector disrupted by budget cuts
Officials from the Ministry of Tourism led by Minister Martin Mugarra present the budget framework document for the financial year 2022/23 before the parliamentary committee on ... -
Jobs, terrorism, national debt, main business risks
Economy Jobs, terrorism, national debt, main business risks Wednesday 12 January 2022 Business risk concept. PHOTO FILE | NMG By OTIATO GUGUYUMore from this author Summary ... -
Intensify training for women-led businesses
Letters Intensify training for women-led businesses Monday, January 10, 2022 Women who graduated from Nyeri at the end of 2021 with basic literacy and vocational skills ... -
Kenya, China determined to deepen relations and cooperation
Kenya and China are committed to further deepening their bilateral ties and cooperation, Kenya Foreign Cabinet Secretary Raychelle Omamo said. Speaking on Thursday at a bilateral ... -
The co-founders launch an application to allow users to connect to the “real social network”
Two black entrepreneurs and co-founders have created an app that they say allows users to connect in a more authentic way. The software, called PLUG.ME.IN, is ... -
IMF gives Kenya until March to reveal secret ‘entrepreneurs’
In August 2020, Kemsa was blamed for the looting of 7.8 billion shillings. [Denish Ochieng, Standard] The government must disclose the names of the secret owners ... -
African nation aims to be a hydrogen superpower
“So now, finally, we’re on the map,” says Philip Balhoa of Lüderitz, a town in southern Namibia, where arid desert meets pale ocean. The port city ... -
A new African port to bring China across the Atlantic from the United States – Radio Free Asia
China is building a new military port on the Atlantic coast of Africa. The port of Bata, in the Central African nation of Equatorial Guinea, is ... -
Kenyan President defends dependence on China for major projects Dependence on China
NAIROBI – Kenyan President Uhuru Kenyatta has defended the country’s Chinese-backed infrastructure projects, which critics say are secretive, costly and endanger state assets. Kenyatta made the ... -
Blue Ocean Solutions for Climate Resilience and Accelerated Development – Businesses
Countries like Seychelles and Belize with coastal blue carbon ecosystems are increasingly looking to the ocean for climate change and business solutions. Credit: Joyce Chimbi / ... -
Kenya: Construction stakeholders urged to adopt new construction methods to boost affordable housing
Nairobi – Real estate players in Kenya cannot meet the growing demand for houses for several reasons, including the lack of cost-effective construction methods and outdated ... -
Presidents discuss Ethiopia’s development priorities
Abidjan, December 16, 2021 – Ethiopian President Sahle-Work Zewde met African development bank President Dr. Akinwumi A. Adesina during a working visit to Côte d’Ivoire. Meeting ... -
IMF completes 2021 Article IV consultation and second review of extended arrangement under the EFF and CEF agreements for Kenya
The IMF Executive Board today completed the 2021 Article IV consultation and second review of the EFF / ECF arrangements with Kenya, allowing total immediate disbursement ... -
Kenya’s economy set to grow 4.9% in 2022 and 2023, says World Bank
By George Mwangi Special for Dow Jones Newswires Kenya’s economy is forecast to grow at an annual rate of 4.9% in 2022 and 2023, the World ... -
Local banks hold 695 billion shillings linked to UK rate expiration
Capital markets Local banks hold 695 billion shillings linked to UK rate expiration Monday, December 13, 2021 The Governor of the Central Bank of Kenya, Patrick ... -
Results of a new study on risk management reported by the University of Venda (Effective Mainstreaming of Agricultural Emissions into Climate Action Agenda: The Case of Institutions and Smallholder Dairy Production Systems, Western Kenya): Risk Management
2021 DEC 10 (NewsRx) – By a Journalist-Staff News Editor at Daily Insurance News – New research on risk management is the subject of a new ... -
KDC Launches 3-Year Strategic Plan As It Unveils Bold New Identity
NAIROBI, Kenya December 9 – The Kenya Development Corporation (KDC) has launched its strategic roadmap for the next three years (2021-2024). The launch at the Hilton ... -
Treasury stops 150 billion shillings road bond following IMF debt warning
Industry Treasury stops 150 billion shillings road bond following IMF debt warning Wednesday 08 December 2021 The Chief Administrative Secretary of the National Treasury Nelson Gaichuhie. ... -
Online funding platform for the SME market poised for explosive growth
The ” SME Online Financing Platform – Market Development Scenario ”The study was added to the HTF MI database. The study covers an in-depth overview, product ... -
Remove all obstacles to peace during and after the polls
Wafula Chebukati, President of the Independent Election and Constituency Commission (IEBC). [David Njaaga, Standard] Kenya cannot afford a failed general election in August next year. As ... -
Tuskys keeps watchdog in the dark about redemption
Companies Tuskys keeps watchdog in the dark about redemption Friday 03 December 2021 Tuskys supermarket along Kenyatta Avenue in Nairobi on July 18, 2019. PHOTO | ... -
EIB and TDB join forces to support investments in fragile contexts in Africa
EIB and TDB launch pioneering 12-year EUR 81.5 million financing initiative to support private sector investments in fragile contexts in East and Southern Africa ·Targeted funding ... -
Trinity Church Wall Street announces more than $ 9 million in grants for religious communities in United States, Africa and Central America – Episcopal News Service
Trinity Church Wall Street has awarded more than $ 9 million in grants to religious communities in the United States and around the world. These grants ... -
Plane 2030 inches ahead amid headwinds
Construction of the Dongo Kundu bypass bridge, Mombasa. [Robert Menza, Standard] The government is optimistic about achieving Vision 2030 on schedule despite the major challenges that ... -
Devolution Stakeholders Agree on Senate Climate Action Committee »Capital News
WOTE, Kenya, November 26 – The 7th Devolution Conference on Friday recommended the formation of a new Senate committee to monitor county-level climate adaptation measures at ... -
Minaean SP Construction: Provides an update on the status of the projects pipeline
Vancouver, BC, Canada – November 24, 2021 – Minaean SP Construction Corp. (TSX Venture Exchange: MSP; Berlin and Frankfurt Stock Exchanges: NJA) (“MSP” or the “Company”) ... -
How to boost energy efficiency in low-income countries
Credit market failures could slow the adoption of energy efficiency in low-income countries, according to a new research paper titled “Credit, attention and externalities in the ... -
World joins Uganda in new regional war of terror
The deadly double bombings in the Ugandan capital Kampala earlier this week drew global condemnation, with various capitals pledging to support Uganda in the fight against ... -
EarthBeat Weekly: “The Earth speaks; she tells us that we have no more time ‘| Earth beat
A man and boy from the Uru-eu-wau-wau tribe inspect an area deforested by invaders on indigenous land near Campo Novo de Rondônia, Brazil, in 2019 (CNS ... -
Cop26 agreement promises more action but 1.5 ° C target still seems out of reach | New
Countries have been urged to set more ambitious emission reduction targets by next year’s climate talks, after pledges made at Cop26 in Glasgow failed to address ... -
Public-private funding essential to scale up agricultural insurance | New
“In monetary terms, this equates to a coverage gap of between $ 60 billion and $ 80 billion, which would represent an annual premium value of ... -
Fidelity, Visa and Kingsway back South African fintech JUMO in $ 120 million round – TechCrunch
JUMO, a South Africa and London-based company that provides financial services to entrepreneurs and businesses in emerging markets, has raised $ 120 million in a new ... -
NCBA signs Ksh. 1.2B Vehicle Rental Agreement with Kenya Police
NCBA Leasing LLP signed an agreement for the lease of 250 vehicles worth Ksh. 1.2 billion to the Kenya police. In partnership with Toyota Kenya, NCBA ... -
Google to invest $ 1 billion for digital transformation in Africa
Investment in digital transformation will focus first on building reliable and fast internet infrastructure in more regions of the continent. Other areas of investment include supporting ... -
Absa signs auto finance deal with Toyotsu
Shipping & Logistics Absa signs auto finance deal with Toyotsu Wednesday 03 November 2021 Absa Headquarters in Westlands, Nairobi. PHOTO FILE | NMG By ELIZABETH KIVUVAMore ... -
“If you allow yourself to feel it, grief and injustice are hard to bear”
This is an excerpt from today’s edition of the Journal’s COP26 newsletter which brings you all the important updates from the big climate summit. Journalist Orla ... -
Kenyatta to lead discussions on Africa’s crucial role in tackling the climate crisis at COP26 ”Capital News
NAIROBI, Kenya On October 31, President Uhuru Kenyatta is due to lead discussions on Africa’s crucial role in tackling the climate crisis at the United Nations ... -
Covid-19: G20 wants the world to be fully vaccinated by mid-2022
G20 ministers support the goal of having 70% of the world vaccinated against Covid-19 by the middle of next year. On Friday (local time), the health ... -
WHO calls for $ 23 billion to support next phase of ACT accelerator
Ahead of the G20 leaders’ meeting in Rome this weekend, the World Health Organization (WHO) today unveiled the new plan for the ACT accelerator and called ... -
Climate change will displace tens of millions of East Africans by 2050 – World Bank
NAIROBI, October 27 (Reuters) – Climate change will force tens of millions of East Africans to abandon their homes over the next three decades, even as ... -
$ 1 million available for certification of a sustainable hydroelectric project
Hydropower projects around the world can now apply for funding to cover the cost of the certification assessment against the new Hydropower Sustainability Standard. A fund ... -
Start-up SA SweepSouth to expand further across Africa
Startup in South Africa South sweep announced plans to expand further across Africa. The startup was founded in 2014 by Aisha Pandor and Alen Ribic (a ... -
Exploit the potential gains of outgoing FDI
Bangladeshi businesses are increasingly calling for the easing of draconian restrictions on foreign direct investment (FDI) as they seek to diversify their income. Indeed, FDI can ... -
Tala Raises $ 145 Million, Pharmeasy Raises $ 350 Million In Pre-IPO Round, Report Says Sun Mobility Secures $ 50 Million And Credible $ 30 Million Bags In Funding series B
Here’s a look at the best startup space deals this week. Tala raises $ 145 million in Upstart-led funding round Fintech firm Tala has raised $ ... -
Ventures Platform and Hustle Fund back Nigerian fintech Brass in $ 1.7 million round – TechCrunch
Small and medium enterprises make up over 95% of all businesses in Nigeria. But despite their size and importance, the majority of them are underserved by ... -
Why the United States should have invited Russia to join the anti-ransomware initiative
The new initiative against ransomware, announcement by President Joe Biden in early October, brings together around thirty countries to strengthen cooperation against ransomware and fight against ...
