The Kaka Empire Foundation in partnership with Kim-Fay has launched a menstrual hygiene dubbed Bank on Me Sanitary Campaign. The objective of the campaign is to create a holistic approach to the issue of menstruation by raising 100,000 sanitary towels that will keep needy girls in schools targeting Machakos, Lamu, Thika, Turkana and Trans Nzoia. “This campaign is about recognizing the right of education for girls. Ministry of Health research shows that 65 percent of girls in rural and slum areas engage in transactional sex because they cannot access sanitary towels,” said King Kaka while speaking about the initiative. The…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Bungoma County plans to transform its defunct Matulo airstrip into a comfortable new class A rating Bungoma-Matulo International Airport with an investment close to Ksh 2.5 billion with an efficient passenger and cargo hub. Shelter Solutions Ltd and International Partners & BIIP. the project owner says the project is estimated to take 25 years and once complete, it will “Connect America continents, Asia and Europe direct and meet the growing needs of the market and creates favorable conditions for the long-term development of with other international aviation partners like Boeing, Airbus, Aeroflot, PJSC, Volga-Dnepr GC.” The main objective for the project…
Bwala Africa Group, a last mile logistics marketplace has secured KSh10 million financing from Stanbic Bank to venture into last mile logistics. With the Ksh 24m debt financing, Bwala Africa will roll out 8 new trucks from ISUZU East Africa, four directly funded by CFC and the other 4 funded internally by Bwala, bringing the cost of total invest to Ksh 23,000,000. The terms of the debt financing were not disclosed. “We have landed 3 major partnerships with Kenya’s top retail stores to power their last mile deliveries. The partners include Copia, Naivas, and Jumia which are by far the…
Finserve has launched mKey, Africa’s first keyboard app converging social, and financial services into an integrated lifestyle called mKey. “mKey has been created to be relevant to people’s social lives and support fun conversations on any social media platform. It is a revolutionary keyboard app with a wide catalogue of customized yetumojis and gifs that will be constantly updated to capture the pulse of trending conversations, celebrating our Kenyan identity,” said Finserve Managing Director, Jack Ngare. “mKey is the most groundbreaking keyboard app out of Africa that blends the social and financial into an integrated lifestyle providing unparalleled convenience. Why…
Kenya scooped six awards in the sixth Annual Africa Magic Movie Awards (AMVCA’s) held in Lagos, Nigeria last weekend. “Congratulations to all winners! Kenya showed we are the pride of Africa and we’re proud of the contribution we make to keep our communities entertained, and our business has grown hand-in-hand with local economies by forging long-term partnerships with film-makers and entrepreneurs,” said MNet Channel Director, East and Southern Channels, Timothy Okwaro. The movie 18 Hours, inspired by true events won 3 awards including Best Overall Movie in Africa (Phoebe Ruguru), Best Movie East Africa (Phoebe Ruguru) and Best Picture Editor…
Safaricom will introduce the use of finger and facial recognition in enhancing new security measures to curb SIM fraud. In the event a SIM swap occurs, mobile money transactions will be suspended briefly to prevent fraudsters from accessing customer funds held in M-PESA accounts. “SIM fraud has been a huge pain point for our customers and we have taken these concerns very seriously. Our customers remain at the center of everything that we do and in the next couple of months, we will put in place measures that will help us address this issue as we also work closely with…