Feature
Carbacid bid for BOC Kenya to advance national industrial development goals
Staff Writer -0
The recently announced Kshs 1.2 Billion takeover offer of BOC Kenya Plc (NSE: BOC) by Carbacid Investments Limited (CIL) in collaboration with Aksaya Investments LLP is set to further deepen the industrial sector development in Kenya.
Speaking when he provided a progress update on the offer, CIL Chairman Amb. Dennis Awori said the proposed transaction will result in Kenyan control of the firm,...
Passengers flying on regional low-cost carrier Jambojet can now book and pay for their flights in a flexible payment plan for bookings made at least 60 days in advance
This follows the introduction of a ticketing product dubbed Jaza pole pole where passengers will be required to make a down payment of as low as Kshs. 2,670 per person and the balance...
Gadgets
Africa Free Trade Agreement: President Adesina receives award for strong leadership and support
Staff Writer -
Boshe, a patron of the AeTrade Group, thanked the awardees for their strong leadership in the process that led to the African Continental Free Trade Area coming into force
African Development Bank (www.AfDB.org) President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental Free Trade Area (AfCFTA)...
Lifestyle
GSK and Novartis announce collaboration to support scientific research into genetic diversity in Africa
Staff Writer -
Combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years
Project Africa GRADIENT calls on local researchers to submit proposals exploring the link between genetic diversity and response to malaria and tuberculosis drugs in African patients; combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years; researchers based at universities, science councils and other...
Africa is potentially one of the most ‘ready-for-circularity’ continents because its ecological footprint is still very low
The continent’s chances of moving towards circular business models are easier than in other continents where most infrastructures were built without their next life cycles in mind. Africa is potentially one of the most ‘ready-for-circularity’ continents because its ecological footprint is still very...
News
ZC Rubber Unveils Massive Billboards in 4 Countries for Westlake and Arisun Tire Brands
Staff Writer -
The tire maker will showcase its Arisun and Westlake Tire brands through the sprawling 25-story, 15,000-square-foot building side LED display
ZC Rubber (http://www.ZC-Rubber.com/), the world’s 10th largest tire manufacturer, unveils massive billboards in 4 world-famous locations covering the United States, Australia, Thailand, and Germany.
The tire maker will showcase its Arisun and Westlake Tire brands through the sprawling 25-story, 15,000-square-foot building...
News
African Development Bank’s Akinwumi Adesina, three others win Academy of Public Health’s 2020 top Distinguished Fellowship Award
Staff Writer -
The Distinguished Fellowship Award is the highest fellowship rank in the “Roll of Fellows “of the Academy, leading the Roll of Fellows for their exceptional leadership and service to humanity
The Academy of Public Health, the flagship body of the West African Institute of Public Health, has named African Development Bank Group (www.AfDB.org) President Akinwumi Adesina and three other eminent...
News
Survey reveals 95 percent of African small and medium-sized enterprises (SMEs) did not receive government aid during COVID-19 pandemic
Staff Writer -
African Union, United Nations Development Programme (UNDP) and AfriLabs worked together to create the Rollo Africa Business Simulation Programme to support SMEs and the informal sector
Following the World Health Organization’s (WHO) declaration of the COVID-19 outbreak a global pandemic, the African Union, UNDP and AfriLabs worked together to create the Rollo Africa Business Simulation Programme to support SMEs and...
Analysts noted that Africa is expected to see a subdued economic recovery in 2021 and not likely to reach 2019 growth levels till 2022
hana, Senegal & Uganda met virtually with international financial partners and risk analysts to discuss the most urgent risks and mitigation solutions at ATI’s (www.ATI-ACA.org) annual Roundtable; Analysts noted that Africa is expected to see a...
News
Africa Enterprise Challenge Fund (AECF) Launches Results Based Financing Programme for Clean Energy Companies
Staff Writer -
The US$ 4 million programme will support commercially viable companies establish new markets and accelerate access to clean energy
The Africa Enterprise Challenge Fund (AECF) (www.AECFAfrica.org) has launched a Results Based Financing Programme aimed at unlocking new markets for clean energy companies in Kenya.
The US$ 4 million programme will support commercially viable companies establish new markets and accelerate access to...
























