Odyssey Energy Solutions Inc has acquired Ferntech GmbH, a German company specialising in the remote control and monitoring of off-grid renewable energy systems. The US renewables investment firm says the acquisition is to strengthen its position as an end-to-end investment and asset management platform. In addition, it will boost the capabilities of the company to work on the development, financing, and operation of distributed infrastructure projects at scale. “The acquisition significantly advances our mission to enable streamlined development, financing, and operations of distributed infrastructure projects at scale,” Emily McAteer, CEO and Co-Founder, Odyssey said on the acquisition. Odyssey has become…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Japanese automobile maker Nissan Motor Corporation unveiled its compact sports utility vehicle (SUV) Magnite in the Kenyan market. This was by Crown Motors Group, the official distributor of the Nissan brand in Kenya. The Nissan Magnite is a sub-compact SUV that the group says will seal Nissan’s commitment to the Kenyan Market in the very competitive segment. The Magnite is Nissan’s first sub-4 metre SUV a segment that is now gaining ground because of its bold fresh styling, powerful performance and high-tech safety features. The Magnite is powered by an all-new, 1.0-litre turbocharged engine that features 205 millimetres of ground…
Kenya’s energy-saving Jiko maker, BURN Manufacturing, has launched new packaging for its iconic Jikokoa brand, cementing its presence in the region. In a new packaging, Burn has placed the iconic Jikokoa in an Orange box with spots of white, making it more attractive than ever before. This is a deviation from the previous packaging that had the white colour more prominent. The new box has a lady on it with a Kenyan map inscribed on it. It also has information about the jiko and images of the product. It makes it easier for the user to have a glimpse of…
Ogilvy Africa has revamped, and further strengthened its leadership team in Zambia. Among the appointees is Ethel Kandiwo, who has been appointed as Deputy Managing Partner to run the office, while Ibrahim Musoke has been appointed Creative Director. Both Ethel and Ibrahim will work closely with Ogilvy’s Africa leadership team to deliver world-class competencies in the country. Speaking on the appointments, Ogilvy Africa CEO Vikas Mehta said “Zambia is one of our smallest operations in Africa, but one of our fastest-growing. We’re making a step-change in our approach to Zambia as a priority market, and the new leadership team represents…
Watch Newcastle vs Leeds United Friday Night Football, Aston Villa vs Everton on Saturday and West Ham vs Manchester United and Tottenham vs Chelsea on Super Sunday, all on Supersport Supersport viewers on DStv and GOtv can look forward to extended action from the Premier League, La Liga and Serie A, with matches scheduled to run from Friday 17 to Monday 20 September 2021. DStv and GOtv is the only true home of football in Africa, offering a range and depth of action that no other rival can match – it’s literally ‘Unbeatable football ‘! If you’re going to spend…
Equity Bank Kenya Limited has announced that it has received two International Standards Certifications – ISO 20000 and ISO 27001 on IT Service and Information Security Management Systems respectively, from the British Standards Institution (BSI). ISO 20000 shows that the Bank’s service management system is robust enough in the delivery of all IT-related services and is also aligned with its current and future needs. Similarly, the ISO 27001 certification offers assurance to customers that the bank is implementing end-to-end information security controls to protect, the confidentiality, integrity and availability of all customer information. “Being fully aware of the risk and…