Category: Kenya (en)

Roam and ENERGICA Partner to Expand Charging Network with 10 Solar-Powered Roam Hubs

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Roam and ENERGICA will add 10 solar-powered Roam Hubs for electric motorcycle charging in Nairobi for affordable battery rentals and charging. This initiative will establish Roam as a leader in Africa’s innovative electric vehicle charging infrastructure, making up to 500 transactions daily at each Roam Hub. Roam’s open architecture design will enable various electric motorcycle brands to access its charging network, enhancing their convenience and promoting the adoption of electric mobility. This collaboration seeks to reduce energy costs by KES 10-15 per kWh, promoting affordable, sustainable transport. Roam, a Kenyan…

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Afreximbank Organizes Major Investment Conference in Kisumu to Boost Intra-African Trade

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The African Export-Import Bank (Afreximbank) is set to organize a landmark event in Kisumu, Kenya, aimed at strengthening the role of sub-sovereign governments in developing intra-African trade. The fourth edition of the Africa Sub-Sovereign Network Conference (AfSNET) will be held from November 25-27, 2024, in collaboration with the Kisumu County Government and United Cities and Local Governments of Africa (UCLG Africa). $2 Billion Funding Announced The event marks a significant milestone in implementing the African Continental Free Trade Area (AfCFTA). Ms. Kanayo Awani, Executive Vice President of Afreximbank, announced $2…

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Roam’s Electric Motorcycle Completes First-ever Solar-powered 6000km Journey through Africa

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● Roam Air completes a 6,000 km journey across varied African terrains, from rugged paths to highways, showing its adaptability in the African landscape. ● The entire 17-day journey relied on solar charging, proving the feasibility of sustainable energy even in remote areas. ● Roam donates 2 Roam Airs to the Electric Mobility Lab at SU to advance research in sustainable transport for Africa. ● Roam Air achieved a new single battery record range of 113 km, and a 1,000 km distance under 18 hours, highlighting its efficiency. October 16,…

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Global supply chain leaders meet in Nairobi to shape the future of global health supply chains

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The second Supply Chain Leaders Forum Nairobi, Kenya / Thursday 10 October 2024 The second Supply Chain Leaders Forum (SCLF) kicked off yesterday with global supply chain leaders from 24 low- and middle-income countries (LMICs) convening in Nairobi. The forum empowers country leaders through two-way dialogue with global donors to advocate supply chain transformation locally, enabling the transition to a sustainable supply chain. It informs the transition of health supply chain management to a country-led approach, and fosters a shared vision and collective impact through inter-country dialogues, in-country advocacy and…

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MCC, Kenya Launch $60 Million Threshold Program During U.S. State Visit

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WASHINGTON, DC (May 23, 2024)—Today the Millennium Challenge Corporation (MCC) Chief Executive Officer (CEO) Alice Albright and His Excellency President William Ruto launched the Kenya Urban Mobility and Growth Threshold Program . This partnership affirms 60 years of diplomatic relations with Kenya. This week President Joseph R. Biden hosted President Ruto for a State Visit to celebrate and deepen ties between the two countries, which share a commitment to inclusive economic growth and democracy. The MCC-Kenya Urban Mobility and Growth Threshold Program, signed in September 2023, tackles the economic growth challenges…

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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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