News

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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World Bank: Morocco Has ‘Fantastic’ Offshore Wind Energy Potential

World Bank: Morocco Has ‘Fantastic’ Offshore Wind Energy Potential

Rabat – Morocco has a “fantastic” offshore wind resource “that is too attractive to ignore,” World Bank senior energy specialist Mark Leybourne said.In a recent report about em…...

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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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Facebook is building $1 billion high speed internet across Africa

Facebook is building $1 billion high speed internet across Africa

World’s largest social media company, Facebook is designing a massive underwater cable around Nigeria and other African countries, bringing high-speed connectivity to the continent…...

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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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African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia

African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia

(AfDB ) - The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (…...

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Ghana Tech Lab Partners with Mastercard Foundation To Upskill Youth During Lockdown

Ghana Tech Lab Partners with Mastercard Foundation To Upskill Youth During Lockdown

Ghana Tech Lab partnered with Mastercard Foundation toupskill 1451 youths and provided free mobile data on a need basis to some participants to be able to enroll in a 2 weeks free o…...

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Investment in railways connect dry ports in Africa

Investment in railways connect dry ports in Africa

Africa’s inland and dry ports have been boosted by investment in connecting railways as they continue to support increasing imports and exportsIn 1970, many African countries had b…...

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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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