Optiven limited launches Global marketing office in Karen

Real estate firm Optiven Group has opened a global office in Karen, Zamani Business Park to market its housing units and serve as a regional hub. Group chief executive George Wachiuri said the move was aimed at addressing challenges Kenyans living abroad face when purchasing properties in Kenya. He said the move to open the Diaspora office targets Kenyans living in the Diaspora. Wachiuri noted that Kenyans from as close as Addis Ababa or as far as Kyoto or Seattle can now follow up on or collect their Title Deeds…

Enhancing Enterprise Competitiveness Through Application of Japanese Management Excellence

The Japan International Cooperation Agency (JICA) and the Kenya Institute of Business Training (KIBT), have today held a seminar  on “enhancing enterprise competitiveness through application of Japanese management excellence.” The project aims to promote sustainable growth of SMEs and entrepreneurs in Kenya. It will also focus on training and on-site consultancies in the areas of quality production improvement, marketing and sales, financial management and management strategy. Speaking during the seminar, Mr. Hajime Iwama, chief representative of JICA Kenya office, said they hope that firms in Kenya will become more productive…

How will geopolitical uncertainty and the economic downturn affect investment in the African healthtech sector?

At the height of the COVID-19 pandemic, the world was primed for a substantial increase in health and biotech spending and investment. Governments and the private sector alike promised to dedicate funding so that they would be adequately prepared for the next pandemic if or when it came.   Over the course of 2020 and 2021, those promises appeared to be materialising. Globally, healthtech companies raised US$57.2 billion in 2021, a 79% increase from the US$32 billion raised in 2020, which itself was significantly higher than the approximately US$20 billion…

LG Electronics to Champion the Expansion of Digital Laundromats Across the Country

LG Electronics has today announced its commitment to champion the overall expansion of digital laundromats across the country and formalize the informal “mamafua” industry. This follows a growing demand for laundry services among an increasingly affluent middle-income market with limited time to do laundry but with a desire to have their laundry done professionally and at an affordable rate. To date, through Hotpoint, LG has so far supported the expansion of Laundromats in Buruburu, TRM, and Hurlingham. Speaking during the delivery of the state-of-the-art washing machines with top technology and…

Kenyans to spend less on Christmas this year – WorldRemit Data

Across 23 countries observed, the average spend across food, gifts and decor will cost 156% of household incomes Cameroon, Lebanon, and Rwanda will spend the highest percentages of their income on holiday celebrations this year Christmas costs have increased across majority of countries year-over-year Increase in the price of food illustrates the impact of inflation on everyday essential items The latest results from the WorldRemit Cost of Christmas Study show that Kenyan families are expected to spend 17% less on Christmas celebrations this year compared to 2021. The average spending on Christmas…

Kenyans to spend less on Christmas this year – WorldRemit Data

● Across 23 countries observed, the average spend across food, gifts and decor will cost 156% of household incomes ● Cameroon, Lebanon, and Rwanda will spend the highest percentages of their income on holiday celebrations this year ● Christmas costs have increased across majority of countries year-over-year ● Increase in the price of food illustrates the impact of inflation on everyday essential items The latest results from the WorldRemit Cost of Christmas Study show that Kenyan families are expected to spend 17% less on Christmas celebrations this year compared to…

LG Electronics to Champion the Expansion of Digital Laundromats Across the Country.

LG Electronics has today announced its commitment to champion the overall expansion of digital laundromats across the country and formalize the informal “mamafua” industry. This follows a growing demand for laundry services among an increasingly affluent middle-income market with limited time to do laundry but with a desire to have their laundry done professionally and at an affordable rate. To date, through Hotpoint, LG has so far supported the expansion of Laundromats in Buruburu, TRM, and Hurlingham. Speaking during the delivery of the state-of-the-art washing machines with top technology and…

Avenews Builds Agri-Finance Super App To Make Agri-Businesses Financing Easier

Avenews, a multinational financial technology, has uilt the first financial super app for Kenya’s Agricultural Small and Medium Enterprises (agri-SMEs) The super app provides a comprehensive financial management tool that enable advanced ML (machine learning) algorithms to process hundreds of data points and create personalized financial products, including access to digital credit. The one stop shop assists agribusiness with operations and team management, as well as digital invoicing and payments. “Agri-SMEs are the driving force behind Africa’s economic growth, but their financial needs often go unmet. With Avenews, agri-SMEs can…

New Platform to looking to Finance Up to 10,000 Electric Vehicle Owners

Dr. Mandla Lamba has unveiled the world’s first full electric vehicles e-hailing platform known as Green 8 Mile. Green 8 Mile is a full electric vehicles e-hailing app created to simplify everyday transport through carbon free, cost effective, innovative, easy-to-use tools for hailing and paying for electric vehicles rides. The app will be available for free on iPhone and Android devices, Green 8 Mile connects you to the nearest available drivers in each of its locations around the world, to get you where you’re going environmentally cleaner, safer and faster!…

World’s Untold Stories: Massive Brain Collection uncovered in Denmark

Dr. Sanjay Gupta,CNN’s Chief Medical Correspondent, travelled to Denmark to uncover the dark origins and mysteries of what’s believed to be the largest collection of human brains anywhere in the world in a new hour-long special, World’s Untold Stories: The Brain Collectors, aired on Saturday, November 12 on CNN International. Stored in the basement of a university in southern Denmark, nearly 10,000 brains sit in white plastic buckets on rolling shelves. The brains are from men and women who died in Danish psychiatric hospitals from 1945-1982, most taken without consent. In this…