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Staff Writer

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CNN Academy’s New ‘Micro-Documentaries’ Sound the Climate Alarm for Global

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Mawingu has raised KSh 1.9 Billion ($15 million) of debt and equity financing to enable this expansion into East Africa. The Africa Go Green Fund (“AGG”), managed by Cygnum Capital, will provide KSh1.4 Billion ($11 million) of long-term senior debt. This is supported by an additional KSh0.5 Billion ($4 million) investment from InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and from Dutch Entrepreneurial Development Bank FMO. This acquisition will enable the company to replicate its wins in Kenya, into Tanzania and East Africa. The primary objective is to scale Mawingu’s affordable home Internet proposition to underserved communities in East Africa by acquiring and growing ISPs in the target markets.
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Mawingu Acquires Tanzanian ISP Habari for Kes1.9 Billion

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Future Construkt Secures CMA Nod for REIT Management in Kenya

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Airtel Money Kenya has signed a partnership with Naivas Supermarket that will allow Airtel Money customers to deposit and withdraw cash across Naivas branches countrywide. The deal is part of Airtel Money’s proactive strategy to expand its agent footprint and get closer to the customer, which heightens the competition for customers with Safaricom’s M-Pesa. Speaking during the signing ceremony, Airtel Money Managing Director, Ms Anne Kinuthia-Otieno, said the partnership, will significantly bolster their ongoing efforts to enhance access to financial services for their customers through their Mobile Money platform. “Today marks a significant milestone for us, as we join hands with Naivas Supermarket to bring enhanced convenience to our customers,” said Ms. Anne Kinuthia-Otieno. “This partnership underscores Airtel Money’s commitment to expanding our reach and ensuring that our services are easily accessible. By offering cash deposit and withdrawal services at Naivas branches nationwide, we are not only strengthening our presence but also reaffirming our dedication to providing seamless and affordable financial solutions through our Mobile Money platform,”
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Airtel Money partners with Naivas

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Energy Regulator Urges Collaboration with County Governments to Enhance Safety among...

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ICANN ANNOUNCES NEW gTLD APPLICANT SUPPORT PROGRAM TARGETING UNDEREPRESENTED COMMUNITIES

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rosalyn mugo
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Liberty Kenya Holdings Announces Rosalyn Mugoh as new Heritage Insurance Kenya...

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Conference of the Parties (COP29): Lack of Clean Cooking Access Poses...

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TRANSFORMING KENYA’S DIGITAL ECONOMY

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From Boomers to Zoomers: How retailers and eCommerce firms can boost...

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