Afreximbank and the International Islamic Trade Finance Corporation (ITFC) ratify US$250 million finance facility to Support Africa

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Afreximbank and the International Islamic Trade Finance Corporation (ITFC) ratify US$250...

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UBA Kenya has appointed George O. Otieno as the new Chairman of the Board. The announcement follows regulatory approval and comes as the bank marks 15 years of operations in the country. The bank said Mr. Otieno’s appointment is a key step in strengthening its strategic growth in Kenya and the region. “His appointment marks a significant milestone in the bank’s journey,” the bank said in a statement. Mr. Otieno takes the helm at a time when UBA Kenya is pushing to expand its footprint and enhance its presence as a bank of choice for SMEs, corporates, government infrastructure development, and individuals. The bank said Mr. Otieno brings valuable experience in shaping policies and building local and regional partnerships.

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13 artisans travelled to Nairobi to showcase their products at Bizarre Bazaar Global Village, one of Kenya’s largest open-air markets for art, fashion and design. The artisans, from both refugee and host communities in Turkana, made 102,000 Kenyan shillings in sales over just two days. ‘It was more than just a market – it was a space to learn, connect and dream bigger,’ said Rodgers Mugaragu, a refugee artisan attending the event for the first time. With more than 100 vendors from across the country and beyond, Biz Baz is a vibrant platform for small producers to display their work and explore new business opportunities. ‘With ITC’s support, I’ve attended Biz Baz twice. The first time, I learned about product quality and value addition,’ said Josephine Alogogita Lobur from the Lodwar host community. ‘Since then, I’ve improved my designs to meet market standards. This year, I connected with new clients, exchanged ideas with other artisans, and gained inspiration to keep growing my business.’ Beyond immediate sales, the experience has strengthened participants’ confidence to run their own enterprises, paving the way for greater financial independence and long-term self-reliance. The group also visited ITC’s Ethical Fashion Initiative (EFI) centre in Nairobi to learn how local artisans collaborate with EFI to produce high-quality, market-ready goods. Opportunities like these help artisans gain exposure to national buyers and new markets, strengthening small businesses and generating income. Increased opportunities also mean better cohesion between refugees and host communities.

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Staff Writer

Afreximbank and the International Islamic Trade Finance Corporation (ITFC) ratify US$250...

33 million cyberthreats target users and organisations in Kenya

Double celebrations for Vivo Energy Kenya as they unveil a National...

Kwara launches regional offices to reach thousands of SACCOs in Kenya

KLEVV Reveals New DDR5 Standard and Gaming Memory

Africa’s Fintech Transformation: Traditional banks can still gain an edge

Econet Group Announces Launch of Cassava Technologies

African Energy Awards 2021 Winners Announced

Monetizing Natural Gas in Africa

HUAWEI IdeaHub Series Upgrade to Accelerate Smart Classroom and Smart Office...

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George Otieno appointed chairman of UBA Kenya Board

NBK Posts Ksh828 Million in profits

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Equity Bank earns dual ISO Certifications in Security and Service

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Digitorials: More than a press release

RUBIS ENERGY KENYA SPONSORS GIRLSRUN MARATHON TO PROMOTE MENSTRUAL HYGIENE

OPPO UNVEILS A7 SMARTPHONE WITH A HUGE BATTERY AND A TRENDY...

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