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Majid Al Futtaim, which operates Carrefour in Kenya, has announced the opening of its 24th store in the country, in Ruiru town, at the newly developed Nord Mall. This is in line with the company’s expansion strategy in Nairobi’s satellite towns. Covering approximately 2,500 square metres of retail space, the store will offer a...
East Africa Breweries Limited’s leading rum brand, Captain Morgan is set to launch a new Personalization Campaign in Meru. The event will take place on Saturday, 21st September 2024 at Ridgeways Garden in Meru and promises to be an exceptional experience for rum enthusiasts across the mountain region. The Personalization campaign aims to leverage...
Seventy-eight (78) young women from Nairobi and Kiambu Counties today graduated from the PEPFAR/USAID-supported DREAMS Construction Skills Training program after successfully completing plumbing and electrical skills training conducted by accredited institutions at the Project Safe spaces. These young women are part of 427 graduates from the program to date who have broken barriers to become skilled plumbers and...
In a significant victory for businesses operating in Kenya, the Tax Appeals Tribunal (TAT) recently ruled that withholding tax does not apply to management or professional fees paid to non-resident entities under the Kenya-France and Kenya-South Africa Double Tax Treaties (DTTs). This decision, delivered on August 30, 2024, has far-reaching implications for businesses engaging...
AfDB Adesina
Praising the courage of members of staff deployed in Somalia and Sudan – both countries facing fragile contexts – Adesina paid tribute to those who risk their own and their families’ lives on a daily basis to advance Africa’s cause The President and Chairman of the Boards of Directors of the African Development Bank...
AfDB Adesina
The African Development Bank has emerged as a leader among its peers and a powerful voice within the multilateral development community The African Development Bank (www.AfDB.org) has kicked off activities to celebrate 60 years of its transformative impact on Africa's development. Since September 1964 when representatives of 25 African countries gathered...
The African Development Bank (www.AfDB.org) must expand its support for female entrepreneurs, as well as young innovators and business creators, to reduce poverty and tackle the lack of jobs in Africa, according to young African entrepreneurs.  The African youth business representatives were speaking during a panel discussion on the topic “Our world, our experience”,...
Africa’s upstream sector is not short on opportunity, with oil and gas tenders being launched for onshore, deepwater, greenfield and brownfield acreage in Angola, Nigeria, Mozambique, Kenya, Tanzania and Liberia, among other markets. Yet for African countries to better compete for global exploration capital, their respective licensing processes, frameworks and terms must encourage new investment. Featuring up...
ecobank, businessinsights.africa
Ecobank Uganda Limited (www.EcoBank.com) has formed a strategic partnership with Ria Money Transfer, a renowned global leader in cross-border remittance services. This partnership will significantly improve remittance options across Uganda, allowing customers to receive funds directly into their Ecobank accounts. Both account holders and non-account holders will also have the option to collect cash transfers promptly at...
Phoenix Aviation, Kenya’s premier executive and VIP charter carrier based at Wilson Airport inNairobi, has expanded its fleet to 13 to boost its tourism and professional medical evàcuationservices across the world. The jet was received on Thursday 5 September.It was flown from New York via Canada and Europe to Kenya after being cleared for entry intoservice. Phoenix...
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