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Manufacturer and distributor of hygiene, tissue, and home care products, Kim-Fay has secured funding to open a new production line at Tatu City in Kiambu County. The boost comes from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank. In the deal, Norfund will support Kim-Fay business expansion with...
Global cloud communications platform Infobip has appointed Yariv Dafna as Chief Financial Officer (CFO) to strengthen the company’s position as a leader in the Communications Platform as a Service (CPaaS) market. With his extensive experience in finance, business management, and operations, as well as a background in corporate development and M&A spanning nearly 20 years, Yariv is well-equipped...
Jubilee Insurance in collaboration with Grand Nairobi Bike Race has announced the launch of the third edition of the Jubilee Live Free Race powered by GNBR. The international premier cycling event on Sunday, 29th September 2024 will bring together up to 2,500 elite cyclists from 21 countries including Ethiopia, Eritrea, USA, France and the East...
By Kadijah Amoah There are massive opportunities in emerging African oil territories. As the industry establishes itself, new energy businesses are laying the foundation for sustainable, long-term relationships that unlock prosperity for their host nations, writes Pecan Energies Ghana CEO Kadijah Amoah.  With more African countries emerging as significant energy frontiers,...
The Football Foundation for Africa (FFA) (https://FootballFoundation.Africa) is delighted to announce Sports20 as the Green Legacy Partner for the Africa Football Business Summit 2024. SPORTS20 has developed a pioneering framework anchored on the Sustainable Development Goals (SDGs). As an international cooperation platform, SPORTS20 has a network that unites athletes, clubs, associations and events worldwide to drive sustainable change in...
 Flutterwave (www.Flutterwave.com), a leading payments technology company, has received a Payment Systems Operator (PSO) license from the Bank of Uganda. This marks a key milestone in Flutterwave's expansion across Africa, adding Uganda to its growing list of countries where it operates.  Uganda’s digital payment landscape is transforming, driven by a youthful and vibrant population...
American satellite internet provider Starlink has launched a rental option, allowing Kenyans to acquire internet hardwares in installments.  The company, owned by billionaire Elon Musk, said that customers can now access its internet service by paying a one-time activation fee of Sh2,700 and a monthly hardware rental fee of Sh1,950. This...
Chinese telecom firm Huawei has partnered with the Kenyan government to upgrade the skills of the African country’s workforce responsible for protecting the digital infrastructure in public and private sectors. Senior government officials and Huawei executives said that cultivating cybersecurity professionals is key to safeguarding digital assets from attacks that could derail service delivery...
Moët Hennessy recently hosted an exquisite Moët & Chandon food pairing event in Nairobi, marked by an interview with a top executive from Moët Hennessy Maison, Charles De Ponteves, Business Development Director for Africa and the Middle East.  In a candid interview, Moët Hennessy's Business Development Director for Africa and the Middle East, Charles,...
Leading retail chain, Quickmart, is celebrating its 18 year anniversary in the Kenyan market – rising from underdog to a top three player. Chief Marketing Officer, Ms Betty Wamaitha, said Quickmart’s notable milestone is rising to become the second largest retailer. She added that the fast-growing supermarket is providing employment for Kenyans. Ms Wamaitha...

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