Marketplace Africa explores Kenya’s Geothermal Power Industry

This week on Marketplace Africa, CNN International discovers how a key partnership between Kenya and Japan has led to Kenya becoming one of the top ten producers of geothermal power in the world. Nearly 50% of the total energy powering Kenya’s national electric grid is produced at the Olkaria Geothermal Field power plant. This facility is run by the Kenya Electricity Generating Company (KenGen). CNN meets Peter Ouma, the Geothermal Development Director for KenGen, who tells the programme about the power source, “Geothermal energy is thermal energy generated and stored…

27 million people in IGAD region faced acute food insecurity in 2018 according to a new report

An estimated 27 million people – or 24% of the total food insecure people in the world– lived in seven of the eight countries in the IGAD region, according to a new report released by the Intergovernmental Authority on Development (IGAD) and the Food Security Information Network (FSIN).  A regional first, the report draws special attention to the plight of millions of people experiencing acute levels of food and nutrition insecurity in Djibouti, Ethiopia, Kenya, Somalia, Sudan, South Sudan, and Uganda. According to the report, there were three main drivers…

Athi Water gets a new look in bid to provide better services

Athi Water Services has re branded to Athi Water Works Development Agency in a bid to re-engineer the firm to efficiently deliver its services. This comes after the renaming of the agency under the 2016 water Act from Athi water services board to Athi water works development agency. The new look sets the future outlook of AWWDA in fulfillment of the constitutional rights and the Water Act obligations to clean and safe water. The launch comes in at a time when the government is focusing on ensuring all citizens have…

Sugar farmers chase government to follow law in forming regulations

Illegal sugar regulations presented without impact assessment or justification breached Statutory Instruments Act 2013, now before Parliamentary Committee on Delegated Legislation Sugarcane farmers have put the proposed 2018 sugar regulations before the Parliamentary Committee on Delegated Legislation to rule on the regulations’ failure to follow the law with rules that achieve the best results as proven by obligatory impact assessments. The farmers report that the heavily bureaucratic regime proposed, which demands selling of cane to only one, designated mill with no free market and introduces new controls over seeds and…

KCB Bank Commits KShs. 10M for Fintech Summit

KCB Bank Chief Operating Officer Mr Samuel Makome hands over a dummy cheque of Kshs 10 million to CBK Governor Dr Patrick Njoroge. The money will go towards facilitating the Afro Asia FinTech Festival 2019, a first of its kind in the region.   KCB Bank Kenya has today committed KShs. 10 million to the Afro-Asia Fintech Festival 2019, a first of its kind in the region which will be held next week. The funds will go into supporting the mega financial technology (Fintech) summit being hosted by the Central Bank…

Magana Flowers rebrands targeting new markets, customers and staff

Magana Flowers has announced a series of business realignments as it rebrands in time for its 25 th birthday by building on a resilient past while repositioning itself in the international flower markets. The rebrand that includes a change of logo, renewed focus on direct marketing and dedication to customers, stakeholders and the over 500 staff it employs comes as global markets and dynamics in the industry continue to change dictated by changing customer preferences, technology and weather. To our customers, the farm will endevour to guarantee you true experience…

Generation Africa: Inspiring young Africans to become Agri-Food entrepreneurs

Econet and Yara launch “Generation Africa”, a partnership initiative bringing the dynamism of youth entrepreneurship to Africa’s agri-food sector, with its $100,000 GoGettaz entrepreneurship competition Pan-African telecommunications, media and technology group, Econet (www.Econetwireless.com), and global crop nutrition leader, Yara International ASA, today launch “Generation Africa”, a partnership initiative to inspire young African entrepreneurs to join the agri-food sector for its viable business opportunities. Generation Africa will reach thousands of young people through its “GoGettaz”competition, which will award US$100,000 in prize money to two exceptional business ventures in the agri-food sector.…

USAID Launches Farmer-to-Farmer Program in Zimbabwe

The program aims to generate sustainable, broad-based economic growth in the agricultural sector The five-year USAID-funded Farmer-to-Farmer Program (2018-2023) launched on May 30. At a launch event held at Africa Synod House, representatives of the U.S. Agency for International Development (USAID), the Government of Zimbabwe, a Farmer-to-Farmer volunteer, and implementing organization Cultivating New Frontiers in Agriculture (CNFA) reaffirmed their shared commitment to strengthening agriculture and resilience in Zimbabwe. The USAID-funded John Ogonowski and Doug Bereuter Farmer-to-Farmer Program provides technical assistance by highly qualified American volunteers to farmers, farmer groups, agribusinesses,…

Access Bank partners with CNN to put a spotlight on African arts

Access Bank is the inaugural sponsor of CNN’s newest programme, Africa Avant-Garde, which will tell stories across CNN’s TV and digital platforms about contemporary African culture. This sponsorship marks five years of CNN International Commercial’s (CNNIC) partnership with Access Bank, with this new campaign demonstrating the rich and vibrant arts across the continent. The introduction of Africa Avant-Garde adds to CNN International’s unique offering of shows dedicated to African business and culture – CNN Marketplace Africa, African Voices and Inside Africa. This week sees the first content go live on CNN Style’s special Africa Avant-Garde page, accompanied by exclusive Access…

Without the Circus, Davos can get down to business

By Richard Quest  In a more innocent age, Davos was a high-minded gathering for intellectuals trying to solve the world’s problems.  But the World Economic Forum has gradually become overwhelmed by a circus of rock stars, Hollywood A-listers, big-ticket world leaders and their entourages.  The issues may still be debated, but they can feel secondary to the spectacle.  It’s easy to forget about the state of the world when you’ve just spotted Charlize Theron. Last year’s big-ticket rock star was of course Donald Trump.  The US president certainly knows how to…