Category: Kenya (en)

KENYA: eWAKA Partners with Powerbase to Expand its E-mobility Solutions

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The partnership between eWAKA and Powerbase is a significant step in the development of electric mobility in Kenya. By addressing the challenges of access to finance and charging infrastructure, it paves the way for wider adoption of this technology and a more sustainable future for the country. eWAKA, a Kenyan electric mobility start-up, has announced a partnership with Powerbase, a financial and energy company, to boost the expansion of its e-mobility solutions in Kenya. This collaboration aims to remove barriers to the adoption of electric mobility in Africa by facilitating…

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Kenya Airways Takes Flight Again: Records First Profit Since 2017

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Kenya Airways (KQ) has finally turned a corner, emerging from a period of financial turbulence to record a significant milestone in its turnaround journey. The national carrier announced a KSh 10.5 billion operating profit for the year ended December 31, 2023. This achievement marks the airline’s first profitable year since 2017, signifying a remarkable comeback. “These figures highlight the airline’s remarkable performance over the year and provide encouraging signs of continued recovery within the air transportation sector,” said Kenya Airways Chairman, Michael Joseph. Project Kifaru Takes Off This positive shift…

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Roam Secures US$24M in Funding to Accelerate Electric Mobility Solutions in Africa

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● Roam secures US$14M in Series A equity funding led by Equator Africa, with notable contributions from At One Ventures, TES Ventures, and others, alongside an additional US$10M debt commitment from the US Government’s International Development Finance Corporation (DFC). ● This funding will enable Roam to expand its production of locally designed and manufactured electric motorcycles and buses, fueling its mission to revolutionize African transportation with innovative products specifically designed for consumers across the continent. Nairobi, Kenya — Kenyan-based electric mobility pioneer, Roam, is accelerating its mission to revolutionise transportation…

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PRESIDENT OF KENYA, WILLIAM RUTO INAUGURATES ROAM PARK: EAST AFRICA’S LARGEST ELECTRIC MOTORCYCLE ASSEMBLY PLANT

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Roam celebrated a significant milestone earlier on tuesday 25th july, as the President of Kenya, His Excellency William Ruto, officially inaugurated Roam’s state-of-the-art electric motorcycle assembly plant, Roam Park. ‍During the inauguration, the President, accompanied by key government officials, explored the expansive facility, marvelling at the local production focus that the assembly line employed, the battery labs, and the company’s commitment to worker safety. Roam Park’s inauguration by His Excellency William Ruto represents a significant milestone not only for the company but also for the nation as a whole. It…

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Kenya and Djibouti Agree on a Visa Free Regime to Boost Trade

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Kenya and Djibouti will push for a visa-free regime to spur trade.   The two countries will also exploit and further their existing relations to grow investments. This was reached on Sunday when President William Ruto met his counterpart Ismaïl Omar Guelleh at the Palais Présidentiel in Djibouti. The two leaders agreed to establish the Kenya-Djibouti business council that will drive commerce between the two countries. President Ruto said, Djibouti people visiting Kenya will not be required to have visas. “This is part of our contribution to easing the movement…

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The Launch of the Kenya Airways Sustainable Aviation Fuel flight

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AFRAA congratulates Kenya Airways on the launch of the Kenya Airways Sustainable Flight Challenge operated on Sustainable Aviation Fuel (SAF). The flight to Amsterdam, KQ116 that departed Nairobi on 25 May was the launch of the first-ever flight by Kenya Airways in Africa to be operated on Sustainable Aviation Fuel. The launch marks the start of a long journey towards zero carbon emissions for the air transport industry… read more on africaaero.org   …

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African Development Bank debars Goldsun Investments Company Limited for 24 months for Fraudulent Practices

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The African Development Bank Group (www.AfDB.org), on 9 May 2023, announces a 24-month debarment of Goldsun Investments Company Ltd. with effect from 31 January 2023. Goldsun Investments Company Ltd. is a limited liability company registered in the Republic of Kenya.   The debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Goldsun Investments Company Ltd. engaged in fraudulent practices during a tender for the dualling of the 84…

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Trade : Germany to Support Kenyan Businesses in Accessing European Markets

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  Germany will support Kenya in its attempt to better penetrate the European Union market. Chancellor of Germany Olaf Scholz said Kenya is a true friend and stable country in Africa whose economy must be helped to thrive. “The better access to Europe will help Kenyan firms to produce and sell more. This will accelerate employment creation and support more lives,” he said. He was addressing the media on Tuesday at his office in Bundeskanzleramt in Berlin after talks with President William Ruto. We value the role that Germany has…

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SAVING LIVES THROUGH SUPPLY CHAIN SKILLS DEVELOPMENT

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The inaugural “People that Deliver (PtD) Global Indaba” saw 250 participants from 40 countries gather in Lusaka, Zambia, to share challenges and offer solutions to supply chain problems, including those in healthcare supply chains, where lives depend on medicines, vaccines and other commodities reaching patients when and where they are needed. This important event, which was co-hosted by SAPICS, The Professional Body for Supply Chain Management in Southern Africa, also aimed to strengthen ties between countries, donors and the private sector.  SAPICS is a member of the People that Deliver coalition,…

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ROAM LAUNCHES FIRST ELECTRIC MASS TRANSIT BUS IN KENYA

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Nairobi, Kenya Roam (prev. Opibus), today announced the launch of a new electric Mass Transit Bus, the Roam Rapid, which is specifically designed to address the unique challenges of public transport in Nairobi and Africa as a whole. It offers a solution for the growing number of cities implementing Bus Rapid Transit (BRT) systems across the continent and is the first of its kind in Kenya.   Roam Rapid is the first bus in Kenya designed for mass transit. With a high capacity of 90 passengers the bus allows for…

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