Collins Ogutu
-
Technology
Kenya Secures $485 Million from South Korea for Konza Digital Media City
Kenya has secured $485 million (Ksh.63 billion) in concessional funding from South Korea’s – Korea Exim Bank and part of…
Read More » -
Technology
Ghanaian Startup Kofa Expands Battery Swapping Network to Kenya
Kofa, a Ghanaian startup specializing in battery network solutions, is set to expand its innovative battery swapping technology to Kenya.…
Read More » -
Economy
South Korea Pledges $24 Billion in Aid for Africa at Mega Summit
South Korea has announced a $10 billion aid package for Africa over the next six years, a deal which will…
Read More » -
Corporate
Kenya Re Dividends Up 50% on Strong Financial Performance
The board of Kenya Reinsurance Corporation (Kenya Re) has reported a 50% increase in dividend per share to Ksh.0.3 in…
Read More » -
East Africa
Kenyans Likely to Flock Uganda for Alcohol Over Kenya’s Finance Bill 2024
Kenyans residing in Namanga and Busia are most likely to cross into Uganda and Tanzania in search of more affordable…
Read More » -
Corporate
United Bank of Africa Allocates Ksh.37.5 Billion to Boost Kenyan SMEs
United Bank of Africa (UBA) has committed Ksh.37.5 billion ($285 million) to its Kenyan subsidiary, UBA Bank Kenya, to support…
Read More » -
East Africa
US Gives Kenyan Police $7 Million for Organised Crimes
The U.S. government has pledged $7 million (approximately Ksh.900 million) to support Kenya’s National Police Service (NPS). The funding is…
Read More » -
Technology
Flutterwave Loses $13.5 Million in Fresh Cyberattack
Flutterwave suffered another security breach that allowed unknown persons to illegally transfer between Ksh.926 million ($7 million) and Ksh.1.7 billion…
Read More » -
Technology
Kenya’s BuuPass to Venture into Eight New African Markets
Kenyan startup BuuPass has laid plans to expand into eight new African markets by 2025. The plan aligns with the…
Read More » -
East Africa
IMF Approves $76.2 Million Loan to Rwanda After Meeting Conditions
The International Monetary Fund (IMF) has approved a $164 million loan extension to Rwanda, with an immediate disbursement of $76.2…
Read More »