Author: Korir Issa

Spotify, the world’s leading music and podcast streaming platform, has partnered with Orange, one of the largest mobile operators in Africa, to offer millions of African music fans access to Spotify via the Orange platform. The partnership was announced by Jocelyne Muhutu-Remy, Spotify Managing Director, Sub-Saharan Africa, with the first launches in the Democratic Republic of Congo, Madagascar, Mali, and Guinea, and more markets to follow in the future.  Orange mobile users will enjoy music and podcasts on Spotify with free data. “This is about serving consumers, digital inclusion, and easier access to the same services enjoyed by hundreds of millions…

Shared mobility, which includes services like ride-hailing, scooter and e-bike rentals, and car-sharing, is expected to grow from 3% to 7% of all urban transport journeys globally by 2030, reaching a market size of $401 billion.  This is according to a new report from Oliver Wyman, a global management consultancy, based on data from Bolt, Europe’s largest operator in the sector. The report, titled ‘Shared Mobility’s Global Impact’, reveals the economic, social, and environmental benefits of shared mobility for cities and their citizens. In addition, it shows that shared mobility can create 16 million earning opportunities by 2030, mainly for…

Powerhive, a leading electric mobility company, has partnered with Mobius Motors, a Kenyan vehicle manufacturer, to enhance the local production of its Spark Electric Motorcycles.  The collaboration aims to support the sustainable mobility landscape in the region by providing affordable and reliable electric vehicles. The collaboration involves setting up a bonded warehouse within the Mobius Motors facility, exclusively for the assembly of Spark bikes. The warehouse can produce up to 150 Spark bikes per factory shift, which aligns with Powerhive’s mission to expand its battery-swapping network across Africa. “Our partnership with Mobius allows us to focus on scaling the premier…

The Sarrai Group, a local industrial conglomerate, and Rwimi Holdings, a regional investment firm, have agreed to buy Hima Cement Ltd., a Ugandan subsidiary of Bamburi Cement Group, for USD 120 million.  The deal will give the buyers 100% ownership of Hima Cement Ltd., which is one of the leading cement producers in Uganda.  The transaction is subject to regulatory approvals and other customary closing conditions. In an emailed statement, Holcim Group decided to divest its Ugandan business as part of its “Strategy 2025: Accelerating Green Growth”, which aims to strengthen its leadership in core markets and expand its green…

Tanzania and Uganda signed a bilateral agreement to build a natural gas pipeline. The pipeline will carry natural gas from Tanzania’s south to Uganda, which will power factories and generate electricity.  Deputy Prime Minister Doto Biteko of Tanzania and Minister of Energy and Mineral Development Ruth Nankabirwa of Uganda signed the agreement. Biteko said the project will boost gas extraction in Tanzania’s Lindi and Mtwara regions, where about 57.54 trillion cubic feet of natural gas have been discovered.  He also said that Kenya and Botswana are interested in Tanzania’s natural gas. He said that the agreement follows a Memorandum of…

Equity has introduced a new feature that allows customers to complete transactions such as payments, money transfers, and airtime purchases when they have insufficient funds in their accounts. Customers can top up any amount between Kes 100 to Kes 100,000 based on their limit and repay within 30 days. The service is available through *247#, Equitel, and the Equity Mobile App. This is how it works: When making a transaction, you’ll receive a pop-up prompt that shows your loan limit and the amount needed to complete the transaction. To proceed, you simply accept the top-up prompt and the terms and…