Kenya-based investor sees opportunity in Covid-19 crisis

Kenya-based investor sees opportunity in Covid-19 crisis

EquaLife Capital, a venture debt investor based in Nairobi, has launched its $20 million Africa Venture Debt Covid-19 Relief Fund and iscurrently seeking investors to commit capital…...

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SMEs can survive Covid-19 crisis with these steps

SMEs can survive Covid-19 crisis with these steps

Small and medium businesses enterprises (SMEs) are suffering loss of revenue and trying to weather the Covid-19 pandemic. This is a huge financial blow that will be worse than 2007/…...

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Morocco’s Production Can Cover Vegetable Demand Until December 2020

Morocco’s Production Can Cover Vegetable Demand Until December 2020

Rabat – Morocco’s vegetable productioncan cover the national market’s demand until December 2020, revealed Moroccan Minister of Agriculture Aziz Akhannouch on Friday, April 10.Th…...

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New water bottling company in Ethiopia joins the burgeoning Industry

New water bottling company in Ethiopia joins the burgeoning Industry

ETHIOPIA – Kefeta Spring Water, anew water bottling company in Ethiopia has joined the competitive industry withan investment of 62 million Br (US$1.9m) and partial financing from …...

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Mobile Money Transactions Drop To Sh685bn In Second Quarter Of 2019/2020 Financial Year – CA

Mobile Money Transactions Drop To Sh685bn In Second Quarter Of 2019/2020 Financial Year – CA

Kenyans continued to reduce movement of their cash through different mobile money platforms to hit Sh684.5 billion for the period between October to December 2019. Competition Autho…...

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WorldRemit caps fees on mobile money

WorldRemit caps fees on mobile money

London-based money remittance firm WorldRemit has capped transaction fee on its mobile money services across its markets including Kenya irrespective of the amount a customer is sen…...

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Jubilee unveils doctor consultation app for patients

Jubilee unveils doctor consultation app for patients

Jubilee Insurance has rolled out a video consultation service that will enable patients to virtually access medical advice from doctors on the back the social distancing directives …...

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Fate of Safaricom bid for Ethiopia to be clear next year

Fate of Safaricom bid for Ethiopia to be clear next year

The fate of Safaricoms bid for a telecommunications licence in Ethiopia will be known by the end of next year at the earliest, according to new disclosures. The Ethiopian government…...

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APP OFFERS HOPE FOR FARMERS IN THE FACE OF COVID-19

APP OFFERS HOPE FOR FARMERS IN THE FACE OF COVID-19

Covid-19 pandemic has affected millions of people worldwide.Most have been asked to stay indoors to curb the spread of the highly-contagious disease. This is as some 208 countries h…...

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World Bank to support Ghana and six others to harmonise statistics

World Bank to support Ghana and six others to harmonise statistics

Ghana and six other West African countries are to benefit from a $379 million World Bank Group support to help harmonise and improve their statistical systems.The other countries ar…...

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