Africa – Kenyan Enterprise

Africa Online Safety Fund Announces Grant Winners

Enterprise Team — Tue, 31 Oct 2023 14:12:50 +0000

Nairobi (Kenya), 31 October 2023 …. The Africa Online Safety Fund (AOSF) has announced the winners of this year’s grants, among them four organisations operating in Kenya: Boltech Consultancy, Terre des Hommes Netherlands Foundation in partnership with Childline, Watoto Watch Network, and Wezesha Innovation Foundation. The selection of the 22 winning organisations from seven countries […]

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Ruto Calls for Reform of International Financial Systems

Lesile Selelo — Sat, 08 Jul 2023 07:35:46 +0000

African leaders and parliaments have been urged by President William Ruto to support the development agenda for the continent. He urged them to enact laws and policies that will unleash Africa’s potential and open doors for its people. According to the President, Africa has the assets and possibilities required to promote both domestically and globally a […]

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Dx⁵ to Host 8th Annual African Fintech Summit in Nairobi

Lesile Selelo — Wed, 14 Jun 2023 12:36:30 +0000

The 8th edition of the dx5 (formerly CIO Africa) annual Africa Fintech Summit will take place on June 22–23 at the Movenpick Hotel & Residences in Nairobi. The event is set to bring together participants from various African Fintech Industry sectors. The summit, with the theme Beyond Banking: Digital Transformation in the Financial Services Industry, takes […]

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Kenya, Djibouti Agree On A Visa Free Regime To Boost Trade

Lesile Selelo — Mon, 12 Jun 2023 11:57:35 +0000

To promote trade, Kenya and Djibouti will push for a visa-free regime. The two countries will also exploit and further their existing relations to grow investments. This was reached on Sunday when President William Ruto met his counterpart Ismaïl Omar Guelleh at the Palais Présidentiel in Djibouti. The two leaders agreed to establish the Kenya-Djibouti […]

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Ecobank Unveils ‘Single Market Trade Hub’ for Intra-African Trade

Lesile Selelo — Mon, 05 Jun 2023 10:00:20 +0000

The single market trade hub has been launched by the Pan-African banking group Ecobank as part of its goal to promote intra-African trade. A digital platform called the “Ecobank Single Market Trade Hub” (the “Trade Hub”) features 300 companies from 22 African countries as members. The Trade Hub serves as an interchange and information repository to […]

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President Ruto Promotes Use of Local Currencies to Foster Trade

Lesile Selelo — Mon, 29 May 2023 11:30:48 +0000

President William Ruto has urged African countries to adopt local currencies as modes of payment to boost trade. The head of state said that the usage of the dollar was limiting trade within Africa and that there was a shortage of dollars because of their strong demand. For intra-African trade, local currencies are still not widely […]

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Pathways Technologies, Konza Technopolis Partner to Foster High-Tech Training in Kenya

Lesile Selelo — Sat, 27 May 2023 08:00:39 +0000

Pathways Technologies Ltd, a data, technology, and innovation company has partnered with Konza Technopolis Development Authority (KoTDA) to train and equip youths with in data analytics, AI, machine learning, and data science. Through a Memorandum of Understanding (MOU), Pathway and KoTDA will carry out the training as part of the Jitume Program Initiative, a Government […]

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African Hidden Champions Hosts First Regional Event in Nairobi

Lesile Selelo — Fri, 26 May 2023 12:39:48 +0000

African Hidden Champions (AHC), an initiative that promotes African companies, held its first regional event in Nairobi. The event provided a platform for AHC to share its vision with business executives from the region. The Nairobi reception marked the African Development Bank’s (AfDB) first official engagement with AHC as a new co-partner in the initiative […]

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Total and Africa Oil Quit Kenya Oil Project

Lesile Selelo — Tue, 23 May 2023 09:10:45 +0000

Total and Africa Oil have quit Project Oil Kenya in Turkana County. The project will now be entirely acquired by Tullow Oil plc, a multinational independent oil and gas exploration and production company. The 100 percent equity takeover is now awaiting approval from the government. Madhan Srinivasan, the Managing Director of Tullow Kenya BV, revealed […]

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Kenya is in no Hurry to Adopt Cryptocurrency – CBK

Lesile Selelo — Thu, 18 May 2023 08:30:36 +0000

As risks increase globally, Kenya is not “in a hurry” to implement cryptocurrency payments, according to the Central Bank of Kenya (CBK). The adoption of a Central Bank Digital Currency (CBDC) and the licensing of the official use of other cryptocurrencies in East Africa, according to the apex bank, is not now a priority for […]

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