Kenya: Airtel to add an additional 349 network sites

“We are committed to providing our customers with a network that reaches every corner of Kenya,” said Mr. Olusegun Ogunsanya, Group CEO of Airtel Africa. “Our network expansion efforts are driven by the goal of delivering an exceptional data experience to all our customers, regardless of their location. We are constantly investing in new technologies and innovations to enhance connectivity, improve service quality, and deliver on our promise of seamless communication”.

Original article link: https://africabusinesscommunities.com/tech/tech-news/kenya-airtel-to-add-an-additional-349-network-sites/


Kenya’s Fingo partners Ecobank to launch financial services app

Kenyan startup Fingo has partnered Ecobank to launch a new app aimed at powering financial inclusion across Africa. Fingo, which took part in Y Combinator in 2021, empowers Africa’s youth by enabling them to open a bank account via their mobile phone in less than four minutes, send money to other Fingo users for free, and to M-Pesa users and paybills via Paybills and Till numbers at subsidised rates.

Original article link: https://disrupt-africa.com/2023/05/09/kenyas-fingo-partners-ecobank-to-launch-financial-services-app/?utm_source=rss&utm_medium=rss&utm_campaign=kenyas-fingo-partners-ecobank-to-launch-financial-services-app


US-Kenya announce $55 mn co-investments in apparel sector at roadshow

US Government’s Prosper Africa initiative and the US embassy in Kenya kicked off the 2023 US-Kenya Business Roadshow in New York City, which convened leading businesses and investors along with a delegation of Kenyan government officials. As part of the US’ commitment to strengthening economic partnership with Kenya, ambassador Meg Whitman announced six new Prosper Africa co-investments with Kenyan and American apparel companies, worth $55 million.

Original article link:https://www.fibre2fashion.com/news/apparel-announcement-news/us-kenya-announce-55-mn-co-investments-in-apparel-sector-at-roadshow-287284-newsdetails.htm


Kenyan agri-tech startup iProcure expands to Tanzania

Kenya’s iProcure, a leading data-driven agricultural input supply company, has announced its expansion into Tanzania through its partnership with the Farm to Market Alliance (FtMA).
Launched in 2013, iProcure has developed its own distribution infrastructure, connecting major agricultural input suppliers directly to local agro-dealers via its proprietary distribution technology system.

Original article link: https://disrupt-africa.com/2023/05/19/kenyan-agri-tech-startup-iprocure-expands-to-tanzania/


Kenya's Safaricom partners with Huawei to launch 5G network

Kenya's mobile service provider Safaricom said that it has partnered with Chinese technology firm Huawei to commercially launch the 5G network in the east African nation.

Orginal Article Link: https://www.africaleader.com/news/272995286/kenyas-safaricom-partners-with-huawei-to-launch-5g-network


Kenya to expand trade ties with UAE

"The two nations have agreed to fast-track trade agreements and set up a joint panel to explore investment partnerships in oil and gas, technology transfer, agriculture, healthcare as well as development of Special Economic Zones”

Orginal Article Link: https://www.zawya.com/en/economy/gcc/kenya-to-expand-trade-ties-with-uae-fq1q271n


Electric Vehicle Manufacturer Roam launches its first mass transit bus in Nairobi

Kenyan-Swedish electric vehicle manufacturer Roam has launched the first mass transit electric bus to ply various routes in Nairobi. The bus, with a capacity of 90 passengers is part of the company’s strategy to build vehicles for mass transportation.

Orginal Article Link: https://africabusinesscommunities.com/tech/tech-news/kenya-electric-vehicle-manufacturer-roam-launches-its-first-mass-transit-bus-in-nairobi/


Solv Kenya Launches MSME Marketplace with Kes 10bn Annual Credit Issuance Plan

Following a successful rollout to India's 65 million MSMEs through an e-commerce platform since last year, Solv is making its debut in Africa. Solv Kenya’s priority focus is on supply chain financing by facilitating connections and negotiations between verified MSMEs and financial institutions for affordable credit under favorable conditions and pricing.

Orginal Article Link: https://africabusinesscommunities.com/tech/tech-news/solv-kenya-launches-msme-marketplace-with-kes-10bn-annual-credit-issuance-plan/


Italian Geothermal Union and Geothermal Association of Kenya sign partnership agreement

The Italian Geothermal Union (UGI) and the Geothermal Association of Kenya (GAK) have created a partnership to support geothermal development in Kenya.

Orginal Article Link: https://www.thinkgeoenergy.com/italian-geothermal-union-and-geothermal-association-of-kenya-sign-partnership-agreement/


Solv Kenya Launches MSME Marketplace with Kes 10bn Annual Credit Issuance Plan

Following a successful rollout to India's 65 million MSMEs through an e-commerce platform since last year, Solv is making its debut in Africa. Solv Kenya’s priority focus is on supply chain financing by facilitating connections and negotiations between verified MSMEs and financial institutions for affordable credit under favorable conditions and pricing.

Orginal Article Link: https://africabusinesscommunities.com/tech/tech-news/solv-kenya-launches-msme-marketplace-with-kes-10bn-annual-credit-issuance-plan/