Hass Consult banks on Riverside Drive for its mixed-use development

Hass Consult unveiled niche development Riverside Square, spanning 250 apartments, offices, boutique stores, infinity pools, gyms and open-air leisure facilities, on Riverside Drive, which it selected as the emerging hub of Nairobi’s wealthy Bohemian class, the BOHOs. “As development managers, we have led the way in financial models and market positioning in Kenya for over two decades. During that time, the real estate market has become more sophisticated, to the position, by 2019, where only carefully thought through investments with clear and under-served target markets now sell rapidly,” said Sakina…

Kenyan food with a twist

“Food tastes much better when you eat it with your hands,” declares Nairobi-based food blogger Kaluhi Adagala, using her fingers to tease some freshly baked tilapia off the bone. “It’s like a hands-on, intimate relationship between you and the food.”Adagala is in the dining room of the Delta Plaza branch of contemporary Kenyan restaurant Nyama Mama bold with African wax prints with a colorful feast of fish, meat, samosas, cornmeal and greens prepared by executive chef Lesiamon Sempele. Nairobi is the vibrant, chaotic heart of Kenya. It’s a fast-evolving city…

3M online jobs to be created in Kenya by 2025

Kenya is expected to have a bigger share of 3 million jobs projected to be created in an online marketplace in Africa by 2025. Boston Consultant Group says this will be aided by government involvement in creating policies that will enhance trust between e-commerce vendors and customers. Online Marketplaces in Kenya has for the past decade given physical stores a run for their money. This has been primarily supported by increased internet access where Kenya boasts of a penetration rate of 89 percent according to Communications Authority data. Boston Consultant Group’s Managing Director Mills…

Samsung to replace plastic packaging with recycled paper

Samsung to replace plastic packaging with recycled paper Samsung Electronics has announced plans to start taking steps this year to replace plastic packaging materials with paper and other environmentally sustainable elements. From the first half of 2019, the packaging used currently for Samsung’s products and accessories – ranging from mobile phones and tablets to home appliances – will be substituted with environmentally sustainable materials like recycled/bio-based plastics and paper. To revamp product packaging, Samsung Electronics has formed a task force involving design and development, purchasing, marketing and quality control for…

The new trends driving private infrastructure investment in emerging markets

A according to a recent report by PwC which identified a number of themes likely to guide investment in a world where politics, technology and markets are changing fast; shows over US$4.5tn a year will be spent on infrastructure between now and 2020. The five themes include investors broadening their horizon, new political leadership unveiling ambitious goals, future-proofing against obsolescence, and sustainable infrastructure for the long term, commodity-rich regions prioritizing infrastructure among others. Of these themes, I think three are particularly relevant, with each having its own specific drivers and…

Uber sets IPO in motion, seeks to ‘ignite opportunity’

Uber has filed documents for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether for other venture-backed startups eyeing Wall Street listing. The filing with the Securities and Exchange Commission contained no specific pricing or timing for the market debut for Uber, which according to media reports was expected to raise some $10 billion. Uber’s valuation in its latest private investment round was more than $70 billion, but reports said the ride-hailing giant was likely to seek a market value…

YouTube urges Kenyan Vloggers to think global but act local

YouTube has urged Kenyan content creators to churn out quality, consistent videos that can appeal to local and international viewers. Google Kenya office, which is working with Kenyan content creators to help them monetize their channels, encouraged Vloggers to grow their fan base by using online tools. Google Sub-Saharan Africa Head of Communications and Public Affairs, Dorothy Ooko, said creators need to focus on producing quality content and utilize the analytics provided by YouTube. “What we have seen from our analytics is that 60 percent of content created in any…

Opportunities for Innovative Universal Health Coverage Financing Identified

A new White Paper on innovative health financing models for achieving universal health coverage (UHC) in Kenya has been launched at the Sankalp Africa Summit by the SDG Partnership Platform, in partnership with Intellecap. The White Paper highlights the need for Government to continue to significantly increase its budgets for health to deliver on the Country’s ambition to realize UHC, while it is taps into complementary sources of financing to optimize the existing resources and bridge critical gaps. The paper identifies various promising health financing models that can help Kenya…

Majority of Nairobians confident the City county on the right path

Majority of Nairobi residents have expressed confidence that Governor Mike Sonko’s administration is moving in the right direction. According to city residents, who are attending the ongoing public participation for the 2019/20 County Fiscal Strategy Paper, the Nairobi County government is doing well in terms of delivering on its mandate. Simon Leboo, Nairobi Deputy County Secretary, said preliminary feedback reports on the County Fiscal Strategy of 2019/20 has been positive. “Overall, the feeling among the majority of Nairobians is that they have confidence in our ability to do better,” said…

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…