Agilitee Public Offer Increases African Millionaires By 1000

South African Billionaire, Mandla Lamba who is the founder of Africa’s first Green Revolution and AI Company and the world’s first black owned, Agilitee decided to take Agilitee public through an IPO on the Johannesburg Stock Exchange. The IPO is advised by AcaciaCap Advisors who have done multiple of such transactions including doing the second listing on the Johannesburg Stock Exchange for 2022. AcaciaCap Advisors was established based on 20 years of a professional and highly experienced team. To this day, the company provides a comprehensive range of integrated corporate…

Technology Sector Partners Launch Digital Talent Program

Technology sector players have launched a Digital Talent Program that is aimed at developing digital skills in the market by taking a sustainable approach to create a healthy digital talent pipeline. In its first year, the program, which is a partnership between organisations drawn from academia, training partners, tech-hubs, Government as well as industry players, targets to upskill 1,000 participants based on the digital skills currently in high demand. So far, over 30 partners including 6 Universities, 14 Training Partners, 5 Tech-Hubs and community organizations, 7 Government agencies and 14 industry players…

THE FIRST AND SECOND COHORT OF CYBERSECURITY EXPERTS GRADUATES FROM THE CYBER SHUJAA PROGRAM

The first cohort of 170 trainees has graduated from the Cyber Shujaa program run by the United States International University-Africa (USIU-Africa) in partnership with Kenya Bankers Association and Serianu Limited. The program is funded by the Challenge Fund for Youth Employment (CFYE). The program seeks to address existing gaps within the ICT and Cybersecurity sector in Africa by continuously analyzing the market and industry for ICT talent needs, designing practical curriculums for these needs, conducting vigorous training for the participants, and providing market placement and mentorship of these youth. The program offers Data Protection training,…

Jackson Mbuthia, Chief Commercial Officer, SGA Group Holdings.

SGA Security has appointed Jackson Mbuthia as its new Chief Commercial Officer. In his new role, Jackson Mbuthia will spearhead the company’s commercial activities including identification and development of new business opportunities for SGA Kenya, Uganda and Tanzania. Jackson has previously held senior management positions in the banking and private security sectors having led teams in project management, business process mapping as well as business development. Jackson Mbuthia currently serves as a board member of the Private Security Regulatory Authority having been appointed to the Board in November 2019. He was…

Safaricom Foundation Allocates KES 100 Million For ‘Ndoto Zetu’ Initiative

Safaricom Foundation has set aside KES 100 million for its Ndoto Zetu initiative which calls on Kenyans to partner with the Foundation to have their community dreams and aspirations brought to life. Safaricom CEO Peter Ndegwa made the announcement at Salvation Army Joytown Secondary School in Thika, Kiambu County, where the foundation donated 10 laptops and 8 projectors worth over KES 1.5 million shillings. “Ndoto Zetu aims to support Kenyans who are keen to make an impact in their communities through social investments. Through the initiative, we ask Kenyans to…

Donation of equipment by AstraZeneca to enable research into early detection of non-communicable diseases in Kenya

 The equipment leverages retinal scanning technology to predict the risk or presence of complications arising from hypertension and diabetes as an alternative to invasive screening methods currently in use AstraZeneca and the Ministry of Health have announced a donation of innovative screening equipment to the Kenya Medical Research Institute (KEMRI), Kenyatta National Hospital (KNH)/ The University of Nairobi (UON) and the Aga Khan University Hospital (AKUHN). The equipment will enable recipient institutions to conduct research on the use of non-invasive technology to predict the risk of hypertension, diabetes, eye conditions…

Centum Increases Dividend Payout Backed By Reduction in Losses

Centum Investment Company Plc shareholders are set for a KES391 million dividend payout, marking a 77% increase in dividend payout compared to the KES219 million paid in the previous year. The payout is in line with Centum’s policy of paying out 30% of its annuity income. Centum’s total investment income for the period ended 31 March 2022 comprised KES1.3 billion of annuity income being dividend and interest income received from its portfolio companies and from its investment in marketable securities. “This payout represents a dividend per share of KES0.59 up…

Mandla Lamba Foundation To Donate E-Scooters to School Going Children

Electric Vehicles manufacturer, Agilitee is set to give away electric scooters to the less privileged youths and school going children to alleviate poverty. Visionary and fast rising entrepreneur  Agilitee founder Mandla Lamba who grew in very poor village where he walked 30 kilometres barefooted to school could not hold his tears as he announces the initiative on his Facebook page to help school going kids with electric scooters to help them navigate the long distances. Lamba lamented a system in Africa where the affluent in society keeps getting richer while…

Proparco and Ascent Rift Valley Fund Acquires Majority Equity stake in Diani Beach Hospital Limited

Proparco, France’s development finance institution and Ascent Rift Valley Fund II, a leading East African private equity fund are pleased to announce the acquisition of a majority equity stake in Diani Beach Hospital Limited (“DBH”), the leading healthcare provider on Kenya’s South Coast.   On Proparco’s side, the investment is made under the FISEA+ initiative, a high-impact investment facility dedicated to supporting MSMEs in Africa owned by Proparco’s parent company, the French Development Agency (“AFD”).   Founded as a 10-bed private hospital in 1997, Diani Beach Hospital is today the…

Oppo Find X5 :Futuristic Technology Meets Ultra-Modern Design

OPPO, a leading global smart device brand, has introduced a new flagship Series to its Kenyan market, the Find X5 Series. The new flagship brings with it superior 5G performance, industry-leading battery capabilities and 80W flash charging. Co-developed with Hasselblad, the OPPO Find X5 series camera delivers rich and vibrant colour experience like no other. It has a dedicated imaging Neural Processing Unit (NPU), which will offer the user a world-class imaging experience, enabling them to magnificently capture every valued moment, no matter the lighting. This is complemented by an…