Rubis Energie has begun rebranding KenolKobil, Gulf service stations as it takes full control of the pair of acquisitions
The firm has launched the rebranding exercise which will see it overhaul the look of 230 petrol stations across the country across the next two years.
Rubis Energy Kenya Group Managing Director Jean-Christian Bergeron says the company will make new...
Ridgeways, South B, and South C were the highest yielding real estate areas in Nairobi in the third quarter of 2020 posting average rental yields of 5.4%, 5.2%, and 5.2% respectively as per the Cytonn Q3’2020 Markets Review.
The three areas located in the Capital also posted total returns of 8.4%, 6.4% and 6.4% respectively, the report shows.
During the period...
Distressed Tuskys supermarkets has appointed Chadwick Okumu as its new financial controller as it seeks to stay afloat.
Okumu replaces Daniel Ndirangu who left the supermarket chain at the end of 2019.
The new appointee has a wealth of experience in the retail sector having worked with Uchumi as its Head of Finance for eight years. He has also previously worked...
The ‘Women in Energy’ webinar, which was co-hosted by Africa Oil & Power (www.AfricaOilAndPower.com) and the African Energy Chamber on Thursday identified education, gender bias and access to capital as key inhibitors to proportionate female representation within the oil and gas industry; a recent McKinsey study places female industry participation at just 15%; the webinar served as part of the...
The Arab Authority for Agricultural Investment and Development (AAAID) (https://www.AAAID.org/en/) successfully organized an online webinar entitled ‘Financing small and medium scale farmers and producers,’ which received wide praise for its pioneering experience in financing programs and activities for small and medium scale farmers and producers across a number of Arab countries. More than 1,000 participants attended the virtual webinar...
The African Development Bank (https://www.AfDB.org/) was selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for its $3 billion dollar-denominated Fight COVID-19 social bond issued on March 27, 2020.
The winners of the GobalCapital Bond Awards 2020 were announced on 30 September at a ceremony held virtually for the first time...
Coffee farmer, Francois Dadi Serikpa (https://bit.ly/3l10941), from Gnamagnoa in Côte d’Ivoire, joined Nestlé’s (https://www.Nestle-cwa.com/) Nescafé Plan (https://bit.ly/34fT6Oe) ten (10) years ago. The coffee farms that had been in his family for generations were producing poor yields, making it hard for him to earn a good living to care for his family. Under the Plan, he worked hard with Nestlé...
Orange improves access to mobile internet in Africa supported by Google
Orange announced the Sanza touch - an exclusive Orange smartphone and the most affordable 4G Android (Go edition) device globally
PARIS, France, September 29, 2020/ -- Affordability of devices remains one of the most significant barriers to smartphone adoption in Africa. The average cost of an entry level smartphone in...
Over 300 students at the Shikusa Borstal institution in Kakamega County will be able to access digital learning skills after Safaricom Foundation handed over 30 computers.
The internet-enabled computers are aimed at enhancing the students’ ICT literacy and research skills as they look to re-integrate into society. The KES 1 million investment is part of Safaricom Foundation’s focus on...
Regional low-cost carrier Jambojet has partnered with various players in the travel industry to launch a campaign that will encourage domestic travel.
The campaign dubbed “Now Travel Ready” is part of the airline strategy to encourage air travel as the country begins its COVID-19 recovery process.
“With the launch of this campaign, we want to show our customers the new...
