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Glovo, the on-demand delivery firm, in December, announced €150million ($167 million, Ksh16.7 billion)) in Series E funding. This investment has been led by Mubadala, with support from previous investors Drake Enterprises, Idinvest and Lakestar. “We’re very pleased to welcome Mubadala as an investor, as well as to further strengthen our position within the industry,” Mr Oscar Pierre, Co-founder and CEO...
Further to the “Meeting of Minds” workshop, a report probing into discussions has been published this week by Mauritius Commercial Bank (MCB) In October 2019, during the tenth Africa Forward Together (AFT) forum in Mauritius and spearheaded by Mauritius Commercial Bank (MCB) (https://www.MCB.mu), a special workshop aptly called “Meeting of Minds” session leveraged the insight and brainpower of over 35...
To follow in the footsteps of my big brother President Paul Kagame of Rwanda, who won the award in 2018, is an honour beyond description – Akinwmi Adesina African Development Bank (https://www.AfDB.org/en) President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders Awards (AABLA™), Thursday, in recognition of his bold leadership and the...
Esther Henseleit carded a course record eight under par 64 to win the inaugural Magical Kenya Ladies Open presented by Safaricom’s M-Pesa by one shot and clinch the Ladies European Tour Order of Merit title on a dramatic final day at Vipingo Ridge near Mombasa. The 20-year-old first-year professional golfer from Hamburg became only the third player in the 41-year...
Emmanuel Bor from Nandi and Millian Naktar from Embu are the winners of 13th Edition of Safaricom Imenti South 15km road race held today in Meru County.   Bor braced the chilly weather to set a new record at 48:32 thus beating the 49:24.0 set by Moses Koech last year. Hot on his heels were Lenai Lang’at and Alexander Mutiso who...
The Company Introduces New Internet For Business Packages As Part If Its Commitement To Be Simple, Transparent, Honest Safaricom (NSE: SCOM) has today announced new internet packages which seek to provide uninterrupted, high speed connectivity for small to medium sized businesses at affordable costs . Under the new pricing structure, the company has introduced three new options from as low as...
Safaricom has set a target to achieve 50:50 gender parity at the management level by the year 2021. Safaricom PLC (NSE: SCOM) has scooped the 2019 Visionary Award for Leadership and Governance for its commitment to promoting women to the C suite and best in class workforce diversity and inclusion. The award, issued by the Women Corporate Directors - Kenya Chapter further...
Two of the regions brightest projects are located on the south east coast of the continent in Tanzania and Mozambique East Africa and the Indian Ocean have witnessed substantial discoveries of oil and gas in in the last decade, but the full potential of the region has yet to be realised. At this year’s Africa Oil Week (Africa-OilWeek.com) event there...
It is now possible to get a cash advance to purchase medication on the MYDAWA platform following a partnership with Fintech and Financial Services firm Umba. The move is meant to reduce the out-of-pocket health expenses brought about by the spiralling cost of healthcare that denies many their fundamental right to access quality and affordable medication and healthcare services. The partnership...
The first of eight Chapa Dimba Na Safaricom Season three regional finals will be played in Garissa as North Eastern defending champions Berlin FC look to win back to back titles. The North Eastern regional finals will be held at Garissa University on the weekend of 23rd to 24th November. Last season’s second placed finishers Al Ansar from Wajir also...

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