ECO.BUSINESS FUND,FAMILY BANK PARTNER TO STRENGTHEN AGRICULTURAL LENDING CAPACITY IN KENYA

The Development Facility of the eco.business Fund has partnered with Family Bank in Kenya to offer specialized agrifinance training to Family Bank staff to optimize the bank’s capacity to reach sustainable agri-businesses and better identify eligible sub-borrowers. The agriculture sector is vital both to Family Bank and the Kenyan economy. Therefore, the fund has identified several activities to boost the bank’s agricultural lending capacity including a tailored training on lending to the agricultural sector. The new training program is in line with the Development Facility’s technical assistance mandate to build staff capacity and implement…

LG Unveils Minimalist Design Appliances Featuring Recycled Materials Inside and Out

LG Electronics (LG) has introduced a new line of minimalist-design appliances, including a washer and dryer, at CES 2023. Distinctive and durable, the products reflect LG’s strong commitment to sustainability, featuring recycled materials inside and out, and requiring fewer parts and less energy to make than conventional appliances. Taking a “back to basics” approach, the new range focuses on the essence of each appliance, removing all unnecessary design elements to deliver a timeless, minimalist aesthetic. Speaking while making the reveal, LG Electronics Home Appliance & Air Solution Company President Lyu Jae-Cheol said, “Sustainable,…

BOLD DIGITAL SOLUTIONS ARE NEEDED TO ADDRESS HEALTH ACCESS CHALLENGES

Each year, an average Kenyan spends 10% of their income to access healthcare. A recent report on healthcare financing by the Kenyan Ministry of Health established that a staggering 12.7 % of Kenyans do not seek healthcare when they are ill, this is due to high cost of healthcare services and ease of access. Furthermore, 2.6 million Kenyans were at risk of impoverishment and falling into poverty as expenditure on healthcare was having a major dip in their household savings. Access to healthcare is a big challenge because of affordability.…

Huawei Climbs Ladder in Top Employer Global Rankings

Technology firm Huawei has registered an improved global ranking as an employer of choice in the latest report by the Top Employer Institute, an international human resource research and certification organization. With eleven of its offices across the African continent registering highly on the Institute’s radar, Huawei said in a statement that this milestone had contributed to its global ranking rising to 9 from last year’s position 11. Huawei Southern Africa Human Resource Director Yu Chen announced that following a rigorous benchmarking and elevation program, the firm’s Mozambique and Tanzania…

Bold Digital Solutions Are Needed To Address Health Access Challenges

Each year, an average Kenyan spends 10% of their income to access healthcare. A recent report on healthcare financing by the Kenyan Ministry of Health established that a staggering 12.7 % of Kenyans do not seek healthcare when they are ill, this is due to high cost of healthcare services and ease of access. Furthermore, 2.6 million Kenyans were at risk of impoverishment and falling into poverty as expenditure on healthcare was having a major dip in their household savings. Access to healthcare is a big challenge because of affordability.…

mTek partners with Kyosk.app and Fin Africa to provide insurance to over 100,000 dukas

mTek looking to the informal retail sector to grow market share   By Jacktone Lawi   Digital insurance platform mTek has partnered with digital informal retail aggregator Kyosk.app and Fin, a focused fintech platform to provide insurance covers to over 100,000 Kenyan dukas.   Despite employing over 80 percent of the Kenyan workforce, the informal retail sector is underinsured and faces a myriad of insurable risks including business interruption, theft, damage to property, cyber-attacks, and loss of stock.   mTek Chief Executive Officer Ms. Bente Krogmann said that mTek will provide…

Moët & Chandon present its Moët Impérial Atlantis The Royal champagne bottle

Moët & Chandon is pleased to present its Moët Impérial Atlantis The Royal champagne bottle, specially designed for Dubai’s most glittering party, the Grand Reveal of Atlantis The Royal resort, which took place the past weekend. A tribute to Dubai’s newest ultra-luxury experiential destination, the unique bottle echoes the distinctive architecture of the city’s newest icon. Moët & Chandon is the official champagne chosen to toast the star-studded Grand Reveal of the Palm Island’s most spectacular new jewel. The 24-carat gold-encased bottle, a one-of-a-kind gift to the grandest of resorts…