HUGE COMMERCIAL PROPERTY TO BE CONSTRUCTED IN NAIROBI

Gateway to invest in commercial property in Nairobi to promote its image in the continent of Africa. The commercial property which is set to commence soon will bring about a huge development in the country’s housing sector. The construction which is to take place along Mombasa Road will cost US$ 3m once it is completed. Gateway Delta Development Holdings which is a Mauritius-based real estate investor has already acquire five acre piece of land for the development from…

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Jumia launches lending programme to support SMEs

Jumia launches lending program to aid SMEs in Africa Jumia during an event tagged  Jumia Black Friday Vendor Launch which was held in Nairobi announced a lending programme targeted to benefit Small and Medium-sized Enterprises (SME’s) which are critical to Gross Domestic Product (GDP) growth and employment sector of any country. The lending program was first launched in Kenya, but now have been rolled out to other Jumia markets in Nigeria, Egypt, Morocco and Ivory Coast….

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JUMIA FOOD APPOINTS NEW MANAGING DIRECTOR

Jumia Food appoints new Managing Director who is keen on improving customer experience. Jumia Food Kenya, the online food shopping and delivery company with over 200 restaurants in Nairobi and Mombasa that supplies variety of cuisines including Kenyan, Chinese, Indian, Thai etc., have just appointed Shreenal Ruparelia to take over from Duncan Muchangi as the new Managing Director of the company. The appointment of Shreenal who have a rich background in Management Consulting, Start-Ups and eCommerce gathered…

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CONTAINER TERMINAL SET TO BE BUILD IN MOMBASA PORT BY KPA

Mombasa port to get second container terminal after data showed by KPA of 11.9% growth in the first six month of 2017. The container terminal which is expected to cost US $339.2m will be constructed by the Kenya port authority (KPA) in Mombasa port of the country. The fund is a loan that was collected by the KPA from the Japanese government in other to construct the terminal which is the second container terminal in Mombasa…

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SA OR NIGERIA TO BECOME TRUECALLER’S AFRICA HEADQUARTER’S

 Truecaller executives to visit SA and Nigeria in search for their Africa headquarter following the tremendous growth they had across Africa. On Wednesday Truecaller announced that they’re on a move to increase its presence on the continent making Africa a key priority region. Truecaller is also shopping for a great city to build its Africa headquaters. In Africa, Truecaller tends to be one of the fastest growing consumer apps and for the past two years…

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WILO SET TO OPEN ASSEMBLY PLANT IN NAIROBI

Wilo to open new facility in Nairobi as part of their expansion into the East Africa region. Wilo which is one of the world’s leading manufacturers of pumps and pump systems for the building technology, water and industrial sectors is set to open an assembly plant in Nairobi that will serve the entire East African region. Wilo Country Manager, Belete Asnake; “Currently, we have hired 20 people for the new regional office and will however expand our…

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MTN Ghana CEO appointed as Regional Vice President

MTN Ghana CEO have been appointed as the new regional Vice president of the Southern and East Africa and Ghana (SEAGHA) Region. Mr Ebenezer Asante, Chief Executive Officer of MTN Ghana, on October 1, 2017 was appointed as the new Vice President (VP) of MTN Group’s altered Southern and East Africa and Ghana (SEAGHA) Region. The new SEAGHA Region includes the telecommunications operations in Ghana, Uganda, Rwanda, Zambia, South Sudan, Botswana and Swaziland, along with Internet Service Providers (ISPs)…

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Africa’s food currently fortified to address malnutrition

Dangote Industries Ltd pledges commitment towards Africa’s continued growth through fortifying it’s processed foods with essential nutrients to address malnutrition. Africa according to Aliko Dangote (President, Dangote Industries Ltd) is projected to have the world’s largest workforce by 2030. This abundance of human resources can be seen as a blessing or a curse, depending on the decisions we make today.  According to Mr. Dangote, “we need to invest in their health and wellbeing, and perhaps…

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