Sidian Bank has secured long-term funds worth Ksh564 million from WaterEquity for onward lending to the Water, Sanitation and Hygiene (WASH) sectors. This partnership between WaterEquity and Sidian Bank is among the initiatives that can help to bridge the gap that exists in communities in Kenya where water and sanitation services are inaccessible for various reasons. Improvement of these services will have a positive impact on the health and economic conditions of these communities especially now during the COVID 19 pandemic. According to United Nations, today 2 billion people globally lack access to safely managed drinking water services and 3.6…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Safaricom says it has rewarded 72 M-PESA business owners with pick-ups and tuk-tuks as part of the ongoing Biashara Ni M-PESA Promotion. The promotion aims to promote a cashless business payment solution that benefits more than 2 million businesses in the country. The first four weeks saw 8 business owners from the 8 regions including Coast, Western, Central, Eastern, Nairobi, Rift Valley, Nyanza and North Eastern each win a pick-up in the monthly draw while another 64 have won tuk-tuks in four weekly draws. Another more than 2,500 business owners have won more than KSh. 19 million in cash prizes.…
HMD Global has finally made the Nokia T20 tablet available the Kenyan after launching the device in October. The Nokia T20 marks the introduction of the brand-new T-series. Packed with innovative and accessible features you’ll love, including a crystal clear 2K screen plus three years of monthly security updates and two years of free operating system (OS) upgrades. The Nokia T20 tablet has been touted as an entry-level Android tablet powered by a Unisoc Tiger T610 octa-core processor and features a 10.4-inch in-cell display that also has a native resolution of 2000 x 1200. The tablet comes standard with 4GB…
Bolt has announced it will allow its drivers in Kenya to set their own prices a move aimed to attract more drivers and ensure riders a greater trip experience. Bolt will be piloting these new features in Nairobi as the first market in Africa. The app also hopes to address a rise in frequent cancellations seen by passengers in recent months, as drivers cancel last-minute to avoid a less profitable booking. The Estonian app said passengers can manually select a preferred driver based on a number of factors such as price fare, expected time of arrival, and driver rating. In…
Naivas Supermarket has opened two new retail outlets in Kenya as part of its expansion plan in the country. This brings its total outlets to 79, making it the leading retailer in the country. Naivas took over 28,000 SQFT of space previously occupied by Nakumatt at Oasis Mall in Malindi, Kilifi County and the other in Embakasi off Airport North Road, Nairobi County taking 27,000 SQFT of space previously occupied by Tuskys Supermarket. https://twitter.com/naivas_kenya/status/1468846261428264961?s=20 The bullish expansion is a result of KSh6 billion funding received from a consortium of investors -International Finance Corporation (IFC), private equity firm Amethis and German…
With an aim to leverage WhatsApp users in Kenya, Zamara Group has introduced a new pension scheme for them. The first of its kind, the product known as Fahari Retirement Plan, enables Kenyans to opt-in and transact via WhatsApp. “With a reach of more than 12m users in Kenya — more than any other app in the country — using WhatsApp we are uniquely positioned to bring more people into the pensions and insurance ecosystem,” said Zamara Group Chief Executive Officer Sundeep Raichura Raichura. Kenyans use WhatsApp to communicate with friends and family, get updates from community organizations, and —…