Three Kenyan startups clinched the coveted 2019 Sankalp Africa Award out of the final five. Kwangu-Kwako, a social enterprise that builds safer, healthier homes for families in informal settlements in Kenya emerged the overall winner. Kwangu-Kwako is named from the Swahili for ‘My place, your place’. Winnie Gitau, the co-founder of the startup said the modular houses are built from reinforced precast concrete panels made by local artisans within the target community, providing sustainable livelihoods to those most in need. https://twitter.com/kwangu_kwako/status/1098506262965374976 “We are looking for $500,000 to scale up the business because at the moment we have built 33 homes with 40…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenya has a 6% gender gap when it comes to mobile and mobile internet penetration with men at 90% and women at 82% a new report by GSM Association (GSMA) said on Wednesday. The report also shows that the gender gap in mobile spending in Kenya is at 46%. The awareness of mobile internet among men and women in Kenya stands at women 62% and men 78%. “We are seeing significantly increased mobile access for women. However, in an increasingly connected world, women are still being left behind,” Mats Granryd, Director General, GSMA, said in a statement. According to GSMA’s…
The Capital Markets Authority (CMA), Nairobi Securities Exchange and program partners on Wednesday launched the Green Bonds issuance rules and guidelines aligned to its 2014-2023 master plan to deepen and broaden Kenya’s capital markets. The guidelines include the listing rules incorporating listing requirements for Green Bonds and a Policy Guidance Note (PGN) on the issuance of Green Bonds in Kenya. Speaking at the launch of the rules, CMA Chief Paul Muthaura stated that the green bond rules are a significant step in furthering the complementary efforts of the government, regulators and the financial services industry to direct financial capital to…
Premier Training Services Ltd, in collaboration with Six Seconds, the Wangari Maathai Foundation, and the Vale School, Muthaiga, are hosting the first-ever Emotional Intelligence (EQ4Africa) Conference in Nairobi. The conference is dedicated to empowering leaders with emotional intelligence skills. Mucha Mlingo, an Emotional Intelligence Expert based in Kenya, spoke about the conference and its importance. “Emotional Intelligence is a powerful tool that can empower people of all ages to be courageous leaders. Emotions drive people and people drive performance. It is therefore imperative to focus on this ‘soft’ side because it ultimately drives bottom-line results,” she said. https://twitter.com/PTSAfrica/status/1097777380142256128?s=20 Emotional Intelligence…
Grade A office space uptake continued apace in the second half of 2018, although prime rents stagnated at US$1.3 per square foot per month owing to the current oversupply.
The Central Bank of Kenya has published Draft Central Bank of Kenya (Mortgage Refinance Companies) Regulations, 2019 and invited the public to deliberate on it. “The Finance Act, 2018 amended the Central Bank of Kenya Act (CBK Act) to provide the legal framework for the licensing and regulation of the mortgage refinance business and to bring the operations of Mortgage Refinance Companies (MRCs) within the regulatory and supervisory purview of the Central Bank of Kenya,” said the Central Bank in a statement. According to the CBK, non-deposit taking firms will have to be established under the Companies Act and licensed…