South African e-mobility firm to set base in Kenya in February

South African based green technology company, Agilitee is set launch its subsidiary in the country next month as it looks towards powering Africa’s drive towards transition from fuel powered vehicles to electric vehicles. The pioneering company in the climate resilience transition is seeking to foster cost effectiveness in the mobility sector, addressing some of the challenges that the sector is facing currently. Speaking in an interview, Agilitee’s CEO, Mandla Lamba said that lack of proper government support and bureaucracy is among the factors limiting faster transition. “The government should be more supportive…

Middle East Energy to bring together over 170 countries for its 48th Edition Centred on Global Energy Transition

 Middle East Energy, the leading energy industry event in the MEA region, will be making its anticipated return to Dubai World Trade Centre on 7 – 9 March 2023 to guide energy transition conversations across the globe. Organised by Informa Markets, the leading global exhibitions organiser, it is set to bring together buyers and sellers from across different countries to explore the latest advancements in energy products and solutions. The 48th edition will provide opportunities to network with international energy suppliers, discover products and solutions that are changing the energy landscape,…

Governor Mung’aro Caught Up in Questionable Procurement Dealings

By CHITI Mwatuphi Kilifi residents are up in protest after it emerged that the County Government may have diverted millions of shillings set aside to mitigate drought effects. The County is still listed among regions that are still in dire need of relief food due to the prolonged drought in the country.Despite all these, it has now emerged that the county did little in terms of food distribution and that only resources from the national government through the National Drought Management Authority (NDMA) reached the majority of the affected families.This…

Mwananchi Credit Distances Itself from ‘Shylock’ Claims

A money lending institution has raised a red flag over they termed as failure by majority of Kenyans to pay loans. The stakeholders argue that despite understanding the loan agreement payment terms most of them are defaulting willingly claiming that the interest is higher. Speaking today General Manager Mwananchi Credit Gitonga Muriithi said money lending institutions have struggling with borrowers who when questioned after defaulting rush to court for orders. “The reality is that everyone is usually very happy when taking this money but when it comes to pay back…

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…

Counties Overreliance On Gov’t Disbursement Paralyse Service Delivery, Says Report

The County governments continued reliance on the equitable share from the national government is derailing service delivery in the devolved units a new report has revealed. The report by the Institute of Public Finance (IPF) has revealed that This overreliance on equitable share has negatively affected service delivery, especially whenever there are delays in disbursing funds from the exchequer. The counties are still grappling with sub-optimal own-source revenue according to the Findings from the Macro-Fiscal Analytical Snapshot Kenya 2022/23. John Nyangi, Senior Research Analyst at the Institute of Public Finance…

Solar Power: Winsol Green Eyeing Rural Electrification to Grow Presence in Ethiopia

  By Biniyam Kebede What are the benefits of using solar sources of energy? Why do we need to mobilise investment in innovation in solar energy and other renewable energy sources? As the world is experiencing climate change firsthand, it has become a trend to turn to renewable energy sources that come from sources such as the sun, earth and wind that are never ending. With this being said, Africa is a continent with the shortage of electricity all round. The shortage of electrical power has made it a necessity…

Award Winning Fund Manager ICEA LION Asset Management presents its Outlook for 2023

East Africa’s pioneering Investment Management Firm ICEA LION Asset Management presented it’ 1 st Quarter 2023 Investor Pulse today, with the theme ‘Global downturn, local resilience’. Key trends highlighted by Head of Research at ICEA LION Asset Management, Judd Murigi included global downturn looming, local upturn and private sector credit growth. According to the research, developed market economies are expected to slow down and even potentially go into recession in 2023 as a result of central bank rate hikes aimed at taming inflation, especially in the first half of the…

OPPO first Bluetooth audio chip delivers audio quality as good as a wired connectivity

OPPO officially announced the new Bluetooth audio SoC – MariSilicon Y – at OPPO INNO DAY 2022. Built on cutting-edge N6RF process technology, MariSilicon Y supports a data rate of up to 12Mbps on the physical layer and comes equipped with exclusive URLC codec technology to deliver an unprecedented 24-bit/192 kHz, ultra-clear lossless audio experience through Bluetooth. MariSilicon Y also includes a dedicated NPU with up to 590 GOPS on-device computing power capable of supporting a brand-new, smart, spatial audio experience. Built on expertise and experience in audio, MariSilicon Y…

TECNO Unveils Eliud Kipchoge as Brand Ambassador for its flagship Phantom Series

TECNO mobile Kenya, a leading smartphone of the new generation has announced Kenyan two-time Olympic champion, Eliud Kipchoge EGH as the brand ambassador for its upcoming flagship model PHANTOM X2 series at GTC (Global Trade Centre) ,the Tallest landmark complex in East Africa. Speaking during the launch TECNO Brand Manager Mr. Antony Brian Otieno said “PHANTOM is the world’s pioneering brand in terms of technology that takes lead in research and development of the world’s most valuable business products. PHANTOM has new flagship species that is differentiated with technological development…