Kenya

Sh60m tech plan to boost farmers’ fortunes

Sh60m tech plan to boost farmers’ fortunes

Small scale farmers will benefit from Sh60 million plan that seeks to help them increase their earnings.The funding from Apollo Agriculture, a financing and products platform empowe…...

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New IoT System Could Detect Future Virus Outbreaks

New IoT System Could Detect Future Virus Outbreaks

IoT sensors that monitor body temperature in real-time and are implemented at a large scale could provide geolocation data that would allow potential quarantine areas to be rapidly …...

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Family Bank books 85pc rise in profit on improved lending

Family Bank books 85pc rise in profit on improved lending

Family Bank has recorded 85 per cent jump in net profit for the three months to March as removal of the rate cap in November 2019 unlocked interest income.The lender’s net profit g…...

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Tea body’s fate sealed as new regulations sent to AG office

Tea body’s fate sealed as new regulations sent to AG office

Agriculture Secretary Peter Munya has sealed the fate of Kenya Tea Development Agency (KTDA) after he released final regulations cutting its export role and weakening its control of…...

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Kenya’s Apollo Agriculture raises $6m Series A to continue its rapid scaling

Kenya’s Apollo Agriculture raises $6m Series A to continue its rapid scaling

Based in Nairobi, Apollo Agricultureis a commercial farming platform for small-scale farmers that uses machine learning and automated operations technology to help them accesseveryt…...

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First quarter real-time bank transfers rise fastest in six years

First quarter real-time bank transfers rise fastest in six years

Bulk payments made through real-time bank transfers in the first quarter of 2020 rose at the fastest pace in six years, official statistics show. This partly signals progress in the…...

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Card payments up Sh1.6bn despite corona demand slump

Card payments up Sh1.6bn despite corona demand slump

The value of payments made through cards grew by Sh1.64 billion in the first three months of the year as the Covid-19 pandemic discourage cash handling.Central Bank of Kenya (CBK) d…...

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Tanzania, Kenya, Uganda agribusinesses secure Sh5 billion grants

Tanzania, Kenya, Uganda agribusinesses secure Sh5 billion grants

A five-year multicountry project for Tanzania, Kenya and Uganda is investing 2 million Euros (about Sh4.96 billion) in grants to 14 Agri businesses in the three countries. The inves…...

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DB Schenker invests as Volocopter extends Series C Round to €87 million

DB Schenker invests as Volocopter extends Series C Round to €87 million

Volocopter and DB Schenker today announced an investment by the global logistics service provider into the pioneer of Urban Air Mobility (UAM) as Volocopter extends its Series C fun…...

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Safaricom Foundation Donates Tablets To Students In Kawangware And Dandora

Safaricom Foundation Donates Tablets To Students In Kawangware And Dandora

Students drawn from over one thousand households in Kawangware and Dandora are set to benefit from free access to e-learning tools following a partnership between Safaricom Foundati…...

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