Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

As we commemorate World Blood Donor Day on June 14th annually, blood transfusion plays a crucial role in healthcare. It saves millions of lives each year, both in routine and emergency situations, enabling complex medical interventions and significantly improving the life expectancy and quality of life for patients with various acute and chronic conditions. Patients who require transfusions as part of their clinical care have the right to expect a sufficient and safe blood supply to meet their needs. Unfortunately, many patients still suffer or die unnecessarily due to limited access to safe blood transfusions. The availability of safe blood…

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Britam Holdings Plc has appointed Mr Barack Obatsa as the Chief Executive Officer of Britam Asset Managers, effective 29th May 2023. According to the Board, Barack has over 18 years of experience in the investment industry and has served in various capacities including as Chief Investment Officer, ICEA LION Asset Management Limited, where he worked for 7 years. Britam Board Chairman Kuria Muchiru expressed the Board’s confidence in Barack’s skills, knowledge, and vast experience. “We are excited to have Barack join the team and are confident that he will drive our new customer-centric transformational strategy to achieve revenue growth and…

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Lafarge Africa has appointed Lolu Alade-Akinyemi as its Group Managing Director, effective 1st July 2023. According to Business Day Nigeria, Alade-Akinyemi emerged as the managing director after the board of directors accepted the resignation of the former CEO, Khaled El-Dokani, in an emergency meeting. Alade-Akinyemi has been part of Lafarge Africa’s top hierarchy since April 2020, initially as an executive director, later jointly holding that designation alongside the chief financial officer position. His experience spans sales, supply chain management as well as business development. “Lolu is a highly experienced business executive with a diverse international background and a track record…

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For most businesses, expansion, especially to a new geographical area is both an exciting but also expensive and nerve-wracking process.  As the global economy is shifting and changing, due to globalization, this is becoming a necessary move for most businesses. And it is no different in the dynamic and agile telecommunications sector which involves building operations from the ground up.  Establishing new networks or infrastructure from scratch in untapped markets requires significant upfront investments, extensive network rollout, regulatory compliance, and patience before profitability can be achieved. In economic terms, this foreign direct investment is known as greenfield operations. From experience,…

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Equity Bank, a financial institution that was once considered the least performing among the 66 banks in Kenya in the early 1990s, has undergone a remarkable transformation. From those challenging beginnings, the bank has emerged as an industry leader and has now been recognized as the overall best bank in the country for 12 years running at the 18th edition of the prestigious Think Business Banking Industry Awards. This well-deserved accolade serves as a testament to Equity’s unwavering commitment to transforming livelihoods by offering services that socially and economically empower consumers, businesses, and communities. This year’s Think Business Awards further…

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In recent years, the on-demand economy has experienced a significant surge, revolutionising the way people access goods and services. Among the most notable players in this transformation are Glovo, which has reshaped consumer behaviour and disrupted traditional business models. One of the most remarkable benefits of on-demand delivery services is convenience. With on-demand delivery services, consumers can now order food, groceries, pharmaceuticals, and even household essentials from the comfort of their own homes or office, and have them delivered right to their doorstep. This saves valuable time and effort but also allows for seamless integration of services into our busy…

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