Author: Korir Issa

Powerhive, a leading electric mobility company, has partnered with Mobius Motors, a Kenyan vehicle manufacturer, to enhance the local production of its Spark Electric Motorcycles.  The collaboration aims to support the sustainable mobility landscape in the region by providing affordable and reliable electric vehicles. The collaboration involves setting up a bonded warehouse within the Mobius Motors facility, exclusively for the assembly of Spark bikes. The warehouse can produce up to 150 Spark bikes per factory shift, which aligns with Powerhive’s mission to expand its battery-swapping network across Africa. “Our partnership with Mobius allows us to focus on scaling the premier…

The Sarrai Group, a local industrial conglomerate, and Rwimi Holdings, a regional investment firm, have agreed to buy Hima Cement Ltd., a Ugandan subsidiary of Bamburi Cement Group, for USD 120 million.  The deal will give the buyers 100% ownership of Hima Cement Ltd., which is one of the leading cement producers in Uganda.  The transaction is subject to regulatory approvals and other customary closing conditions. In an emailed statement, Holcim Group decided to divest its Ugandan business as part of its “Strategy 2025: Accelerating Green Growth”, which aims to strengthen its leadership in core markets and expand its green…

Tanzania and Uganda signed a bilateral agreement to build a natural gas pipeline. The pipeline will carry natural gas from Tanzania’s south to Uganda, which will power factories and generate electricity.  Deputy Prime Minister Doto Biteko of Tanzania and Minister of Energy and Mineral Development Ruth Nankabirwa of Uganda signed the agreement. Biteko said the project will boost gas extraction in Tanzania’s Lindi and Mtwara regions, where about 57.54 trillion cubic feet of natural gas have been discovered.  He also said that Kenya and Botswana are interested in Tanzania’s natural gas. He said that the agreement follows a Memorandum of…

Equity has introduced a new feature that allows customers to complete transactions such as payments, money transfers, and airtime purchases when they have insufficient funds in their accounts. Customers can top up any amount between Kes 100 to Kes 100,000 based on their limit and repay within 30 days. The service is available through *247#, Equitel, and the Equity Mobile App. This is how it works: When making a transaction, you’ll receive a pop-up prompt that shows your loan limit and the amount needed to complete the transaction. To proceed, you simply accept the top-up prompt and the terms and…

Kenya Railways has announced that train fare prices will increase from January 1, 2024, due to the rise in fuel costs in the country. The price hike will affect the Madaraka Express services, the Nairobi Commuter Rail Service, and the Kisumu and Nanyuki Safari trains. According to a notice issued by Kenya Railways, the cost of travelling by the Standard Gauge Railway on First Class from Nairobi to Mombasa will rise from Ksh. 3,000 to Ksh. 4,500, an increase of Ksh. 1,500. The cost of travelling by Economy Class on the same route will rise from Ksh. 1,000 to Ksh.1,500,…

Nairobi’s R&B scene is gaining global attention, with Spotify Africa and COLORS Studio collaborating to highlight six Kenyan artists.  COLORS has already released two performances from this joint project, featuring Lisa Oduor-Noah’s “For Keeps” and Xenia Manasseh’s “Wild Ride”.  Lisa’s vibrant voice, set against an amber backdrop, delivers a heartwarming message about the enduring value of love.  Kenyan singer-songwriter and producer Lisa Oduor-Noah (@lisaoduor) brings her soulful sounds to COLORS with an uplifting performance of her new single ‘For Keeps’. 🌹 Produced in collaboration with @SpotifyAfrica. Watch now: https://t.co/lT7DsLqocI pic.twitter.com/NoOs5L5kbh — COLORS (@colorsxstudios) October 19, 2023 Xenia Manasseh, a singer-songwriter…