New Sh10 billion risk-sharing facility, to unlock supply chain finance for SMEs

British International Investment (BII) has signed a Sh 10 billion risk-sharing facility with Citi for supply chain finance for SME’s in Africa.   The new facility will provide systemic liquidity and help Citi grow its supply chain finance product across Africa.   The facility will be targeting SME suppliers and those underserved or excluded businesses.   Chris Cox, Global Head of Trade & Working Capital Solutions, Treasury and Trade Solutions at Citi said the financing will help SMEs in the Sub Saharan Sector access credit.   “Citi is committed to…

Superior Homes Kenya Launches A Reward Program For Investors

Leading real estate developer Superior Homes Kenya PLC has today launched a customer loyalty program that will see investors and customers earn loyalty points whenever they transact at any of the developer’s properties. Dubbed ‘SHK Zawadi’, the loyalty program is a first of its kind in the industry. The beneficiaries will be able to redeem the points accumulated whenever they spend money on accommodation, conferencing, events, meals and drinks at any of the developers’ properties. Through the newly launched program, customers will gain 100 loyalty points for every 1000 shillings…

Don’t Sleep On Fame! Big Brother Naija Returns For Seventh Season

Africa’s biggest reality TV show, Big Brother Naija, is returning for a seventh season! Announcing its return, MultiChoice Nigeria has called for entries through online auditions which open on Sunday, 15 May and will close on Monday, 30 May 2022. Interested participants are expected to record a two-minute video of themselves stating why they should be picked to be a BBNaija season seven housemate. Following this, they are to log on to www.africamagic.tv/BBAudition to fill out the online registration form and upload their videos. The online audition is free and open to…

TWIGA INVESTS USD 10 MILLION TO SCALE ACCESS TO AFFORDABLE, HIGH QUALITY PRODUCE IN KENYA

B2B E-Commerce company Twiga Foods today launched Twiga Fresh, a new subsidiary that is focused on modern and commercial farming, to help supply informal retailers and urban consumers with lower cost, better quality and safe food. Through the $10M investment, Twiga Fresh will scale the efficient production of domestic horticultural staples like onions, tomatoes and watermelons, significantly lowering the cost. The investment in Kenya will make this one of the largest single horticultural farms in Africa, focused purely on the domestic market. Twiga Fresh in the long term will be funded through debt…

Five Reasons Why Real Estate Increases in Value

  By Twaweza Developers Buying property is probably the single largest investment dream of every family across the globe. In many parts of the world, this belief has been reinforced by the fact that property, especially land have exponentially risen in value of over time. Stories of properties appreciating multiple times in value over time are common. In this article, we will look at the underlying factors which drive real estate growth. Zoning Laws One of the major reasons for change of price in the real estate sector is the…

Security and User Protection: Key to Sustainable Growth in the Crypto Ecosystem

Trust remains a key driver in daily decision making – between relations, personnel, and even institutions. Research shows that people will choose a product or service that they trust over non-trustworthy options. When it comes to money and investments, trust is even more critical. Individuals need to be confident that their financial transactions are processed with utmost security and transparency to continue to invest with their respective financial institutions. This is why these institutions remain committed to building secure frameworks to safeguard clients’ funds to grow their customer bases and…

Emirates To Take Customer Experience to the Next Level With New Hospitality Strategy

Emirates, renowned for its award-winning products and services, is launching a new hospitality-based strategy which will take the customer experiences that its teams deliver on ground and in the air, to new heights. The programme will be one of the biggest people, process, and product initiatives ever implemented at the airline, touching all frontline customer facing teams as well as supporting departments. Adel Al Redha, Chief Operating Officer at Emirates said: “Even while managing the immediate challenges of the pandemic during the past two years, Emirates did not hesitate to keep…

Inside The Oppo Reno 7 Microlens That Gives You The Power of 30x Zoom

OPPO brings to mind the micro lens attached to the rear camera on its newest flagship, The OPPO Reno 7. At the microscopic level, texture, colour, shape, and size all appear entirely distinct to their macroscopic selves. Looking under a microscope gives us a new perspective on the world around us. With the addition of a 2-megapixel Microlens on OPPO Reno7 and support for 16.6x magnification on both video and photos, OPPO introduces a new way to experience smartphone photography and maximize your creativity and curiosity. The inclusion of the…

OPPO RENO 7’S CAMERA MICROLENS IS OUT OF THIS WORLD

Human curiosity knows no limits, and now, with the Microlens on Reno7, users can fully explore their desires for the unknown with up to 30x zoom.  OPPO brings to mind the micro lens attached to the rear camera on its newest flagship, The OPPO Reno 7. At the microscopic level, texture, colour, shape, and size all appear entirely distinct to their macroscopic selves. Looking under a microscope gives us a new perspective on the world around us. With the addition of a 2-megapixel Microlens on OPPO Reno7 and support for…

DStv Business SAT>IP model reviving your guest experience with HD viewing

As customers viewing experience and expectations change, the focus on video entertainment has moved to High Definition (HD) quality. Customers are increasingly demanding the same of commercial establishments such as hotels, guest houses, and hospitals where patrons expect in-room entertainment of the same standard. In today’s world, viewers have different options through which they can access picture perfect HD quality service to all viewing points in a commercial network, but the high deployment costs have remained a barrier to many smaller establishments particularly multi-unit dwellings, guest houses and boutique hotels.…