Diamond Trust Bank (DTB) has partnered with Habib Bank Limited (HBL) to unveil the China Coverage Department to cater to Chinese enterprises operating within the East African Market. DTB will offer a wide range of products to cater to the needs of the market including direct RMB remittances from Kenyan Shilling, RMB-based trade products. “Through our connection to HBL, we have opened doors between East Africa and China. DTB will support the financial needs of Chinese businesses by facilitating direct remittances to and from East Africa,” said Nassim Devji, DTB Group CEO & Managing Director. “HBL is the only bank with…
Author: Korir Issa
CDC Group, the UK’s development finance institution and impact investor, on Tuesday, said it will invest over £3 billion to support emerging economies in Africa and Asia to combat the climate emergency. The Group said the funds will be invested over the next five years across renewable power, infrastructure and agriculture sectors. In addition, it will increase venture capital investment in early-stage, technology-based businesses that have the potential to play vital roles in the fight against climate change. This will be supported by the £200 million Climate Innovation Facility announcement by the UK Government at COP26. The fund has been…
Day trading refers to the practice of purchasing and selling a security within a single day or trading session or multiple times over the course of the day.
As part of the investment by Mobility54, Autochek will be leveraging Toyota Tsusho’s vast retail network across 54 African countries to deepen its expansion further.
United Nations Special Rapporteur on the right to health Dr Tlaleng-Mofokeng has called for efforts to restore people’s reproductive health rights that have been eroded during the Covid-19 pandemic. “Sexual and reproductive health rights, are human rights,” Dr Tlaleng-Mofokeng reminded the Member States in the General Assembly on Wednesday. She was presenting her report on the effect of the pandemic on physical and mental health services. “Millions of women globally had limited or no access to maternal and newborn healthcare, some 14 million women lost access to contraception, and specialized services for victims of gender-based violence became inaccessible when they…
Android phone maker Vivo has introduced its new Y33s smartphone, touted as a good blend of style and substance. Vivo Y33s is the latest after the Vivo Y21. The device features a 50MP rear camera, 8.0mm Sleek Design and a 5,000mAh battery which comes with an 18W flash charge. This is a justification of the efforts Vivo is making in investing heavily in camera hardware. “The all-new Y33s reaffirms Vivo’s commitment of making innovative technology accessible to all consumers in the country. Y33s has been designed to provide premium and seamless experience to customers with segment-leading features like the 50MP…

