Category: Business

Ascent Rift valley Fund buys majority in Valley Hospital in Nakuru

Larmy

Ascent Rift Valley Fund II LP, a leading East African private equity firm in the region has acquired a significant equity stake of Valley Hospital Limited (“Valley Hospital”) located in Nakuru City, Kenya. David Owino, Managing Partner of Ascent Capital Advisory Services LLP commented, “We are very excited about the fund’s investment into Valley Hospital. It is a hospital with enormous potential, and we look forward to serving the residents of Nakuru County by offering high-quality affordable healthcare as well as working with the medical community and other stakeholders. Together with…

LG Tone Free Earbuds, Made For Ears, Designed For Mother Nature

CEO AFRICA

You may have heard a lot about earbuds. Indeed, people are increasingly dropping the use of the long-wired traditional earphones and adopting the use of earbuds. As a result, so many wireless earbuds have hit the market. Of all the earbuds you may have heard of, I bet you have not heard about the magic of LG Tone Free Earbuds that are defined by great features; design, sound, Google Assistant, water-resistant, dynamic speaker unit, dual microphones, fast charging among others. LG Tone Free Earbuds have been weighted and balanced to…

UGANDA TOURISM BOARD IN ROADSHOW TO ATTRACT MORE TOURISTS FROM KENYA

CEO AFRICA

Uganda Tourism Board (UTB) is seeking to partner with Kenyan tour operators to boost intra Africa tourism between the two East African countries with a focus on encouraging more tourists from Kenya to explore the natural, adventure, leisure, business and cultural attractions that Uganda has to offer. The roadshow comes in the wake of an intensified campaign by UTB to reposition Uganda – The Pearl of Africa’ as a leading tourism destination in Africa under a new brand dubbed “Explore Uganda”. To kick off the activities, UTB has launched a…

Planning to relocate abroad? Here are 5 things you need to know

CEO AFRICA

If given a chance, 35% of Kenyan youth would leave the country to find a better job abroad, escape poverty or pursue an education. This is according to a groundbreaking 2019 survey by Afrobarometer that explores attitudes towards relocating abroad in 33 African countries. Despite the openness to relocating abroad among a significant number of young Kenyans, the choice to relocate to a foreign country is not an easy one. Immersing yourself in a new culture, potentially learning a new language, and physical separation from friends and loved ones back home…

LONDON DISTILLERS KENYA WINS GLOBAL AWARDS AT THE MONDE SELECTION QUALITY AWARDS

CEO AFRICA

By Michelle Anzaya London Distillers Kenya (LDK) is proud to announce that its brands Safari Rare Whisky and Kenya King Gin have won two global awards at the 2022 Monde Selection Quality Awards. The Safari Rare Whisky won the Gold Award while Kenya King Gin won a Silver award of quality. “Competing against a record-breaking number of over a thousand entries from all corners of the world, London Distillers Kenya displayed a strong performance at the competition,” said Mr Avin Galot, Managing Director of London Distillers Kenya, “Our vigorous research and…

New-style traveller centres launch in Naivasha, with first regional electric vehicle charging

Larmy

Kenyan real estate company Dowgate Properties has today opened its first Safari Centre highway service station, on the A104 at Naivasha, in a new servicing model for motorists and travellers, offering facilities from electric vehicle charging stations to children’s play areas, rest rooms, restaurants, and retail stores, right beside the highway. The centre’s electric charging points are the first outside Nairobi and will make it possible for high-end electric vehicles to drive from Nairobi to Kisumu and back, by charging each way at the Naivasha Safari Centre. This is the…

Naivas Opens Its 84th Store in Kayole, Naivasha

Larmy

Naivas Supermarket has officially opened the doors of its newest outlet in Kayole, Naivasha along Nairobi- Nakuru highway.   The opening of the new store covering 18,000 square feet puts Naivas national store count at 84 with three of those now in Naivasha. The other outlets within the town are Naivasha Kubwa and Naivasha Ndogo. Naivasha Ndogo is the original store that first bore the name Naivasha Self Service Stores a name that later evolved to Naivas.   Speaking on the expansion, Naivas Chief Commercial Officer, Willy Kimani, said “We…

ESG set to drive Real Estate Sector Forward – EAPI Summit

CEO AFRICA

East Africa’s real estate market continues to attract significant international attention according to major decision-makers that attended this year’s 9th annual EAPI Summit taking place at Kempinski Hotel on 18 & 19 May. According to the EAPI Summit’s host, Kfir Rusin, East Africa’s economic recovery has prompted a lot of interest in the sector and this year’s event from leading funders and players across the value chain. “Every year Kenya and the broader regional real estate sector continues to develop and becomes more resilient and is able to withstand cyclical…

Ecobank plugs women’s businesses funding gap to drive urban economic growth

CEO AFRICA

Kenyan women’s businesses received a major boost today following the commitment by Ecobank to channel more financial resources to support their growth. Speaking during the ongoing Africities conference in Kisumu, Ecobank’s Director for Commercial Banking in Kenya and East Africa, Samwel Odhiambo explained that despite progress that has been made over the last two decades in mainstreaming women-owned businesses into the economy, they still face unnecessary barriers that limits them from fully participating in the economy. “We estimate the total funding gap for women-owned businesses to be Kshs 4.2 trillion,…

CAETANO KENYA DONATES A FULLY EQUIPPED HYUNDAI AMBULANCE TO NAIROBI METROPOLITAN SERVICES (NMS)

CEO AFRICA

Caetano Kenya, the official dealer of Hyundai Passenger Motor Vehicles in Kenya, donated a fully equipped Hyundai ambulance to NMS. The ambulance will be an addition to NMS services covering Mama Lucy and its environs. The company presented the ambulance together with 500 pieces of certified full medical protective coveralls to ensure protection of the health workers in the course of their work and over 3300 pieces of comfort & face guard masks for face protection. The ambulance and medical gear were received by Maj. Gen. Mohammed Badi, Director General…