The Rockefeller Foundation, an American private foundation, and philanthropic medical research and arts funding organization launched a new $5.5 million partnership with e-GUIDE and Atlas AI to encourage climate-resilient infrastructure investment and speed …
Eastern Africa
- AfricaAFRICA NEWSEastern AfricaEconomyGlobal NewsInformation & TechnologyINVESTMENTKenyaNewsNigeriaTechnologyWestern Africa
The National Hospital Insurance Fund (NHIF) has dropped its bid to have workers earning more than Sh100,000 pay more in monthly contributions, easing the financial strain on top earners and …
- AgricultureBusinessEastern AfricaFood Production
Sugar Production Rises by 15% Between January And July
Sugar production between January and July increased by 15% when compared with a similar period last year, compelling the sector regulator to cut imports by nearly half last month. Data …
- Eastern AfricaEconomyEnergyUncategorized
Aaron Ringera has been appointed as Non-Executive Director by Kenya Power 
The Kenya Power and Lighting Company PLC (KPLC) has appointed retired Justice Aaron Ringera as its non-executive director. In a statement released on Wednesday, August 24, the company’s acting secretary …
- Central AfricaHospitality, Travel & TourismRwandaRwandaRwanda Daily
Rwanda is set to generate over $350m tourism revenue in 2022
Rwanda is set to generate up to $360 million (approx. Rwf372 billion) revenue from the tourism industry in 2022, according to Ariella Kageruka, Head of the Tourism and Conservation Department …
- Central AfricaRwandaRwandaRwanda Daily
Rwanda and Norway Government partner to launch coalition, ending plastic pollution by 2040
Rwanda and Norway Governments have launched the High Ambition Coalition to end plastic pollution. Canada, Peru, Germany, Senegal, Georgia, Republic of Korea, UK, Switzerland, Portugal, Chile, Denmark, Finland, Sweden, Costa …
- BusinessEthiopiaINVESTMENT
Ethiopia’s wealthiest investors Worku Aytenew to build $1 bln worth cement plant
by Omolaraby OmolaraOne of Ethiopia’s wealthiest investors, Worku Ayetenew begins a process to build a cement plant with an investment capital of USD one billion. This will be the biggest investment he …
- BusinessEastern AfricaTransportation & Logisitics
Swedish technology company launches electric buses in Kenya
Swedish-Kenyan technology company Roam has launched an electric bus targeting public transport as the race for e-mobility hots up. Dubbed Rome Rapid, the mass transit bus has a capacity …
- BusinessEastern AfricaFood ProductionManufacturing & Consumer Goods
Kenya firms feel acute inflation bite
Runaway inflation, new taxes and depreciation of the shilling have hit hard manufacturers of fast-moving consumer goods, who are now warning of reduced profitability which will lead to job losses. …
Kenya has spent Sh71.17 billion to subsidize diesel, super and kerosene in the six months to June, highlighting the burden of the fuel stabilization scheme on the national budget. Consumption …