American media-services provider Netflix Inc has announced a $1 million Netflix Creative Equity Scholarship Fund (CESF) for film and TV students in Sub-Saharan Africa. The fund is part of Netflix’s global Netflix Creative Equity Fund launched in 2021 to be allocated to various initiatives over the next 5 years. The fund is scheduled to roll out across the region in the academic year commencing in 2022, starting with an open call for applications in the Southern African Development Community (SADC) region. Fund administration partners for East Africa and the West and Central Africa regions will be announced in due course. …
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
HF Group PLC has appointed Dr Anthony Omerikwa Opare as a non-executive director with effect from 18th January 2022. Dr Omerikwa is currently the Chief Executive Officer of the National Social Security Fund. Dr Anthony holds a Doctoral Degree as a Specialist Advance in labour, workforce development and education from the University of Georgia. He also holds a master’s of Science in Human Resource from Pittsburgh State University, a bachelor’s degree in economics from Kenyatta University as well as a diploma in Data processing and management from Strathmore college. Dr Omerikwa is an associate member of the Institute of Human…
Uber Eats Kenya has named Wangui Mbugua as General Manager for its Kenya business. Her appointment is set to drive the business on an even higher growth trajectory. “I’m excited to take on this new role as I have seen the rapid growth of food delivery in Kenya and the growth that the business brings to the digital economy. The impact of convenience and on-demand commerce on the market is evident. “Not only is Uber Eats creating unique work opportunities, but our operations have a positive knock-on effect for restaurants, merchants and delivery people,” Wangui said. Wangui joined Uber in…
The deadline for the submission of entries for the eighth Africa Magic Viewers’ Choice Awards has been extended to Friday, 28 January 2022. Africa Magic and MultiChoice are calling on all film and television industry participants and stakeholders across the continent to take part in this celebration of the African film and TV industry by submitting their works. Films, made-for-television movies or television series are eligible for entry to the AMVCAs if they were broadcast, publicly screened or exhibited from December 1, 2019, to November 30 2021. Films, made-for-television movies or television series previously entered into or nominated for an…
FSD Africa, the UK government’s flagship financial sector programme in Africa, has announced a chairperson and independent directors to its board. Frannie Leautier will be the Board Chair along with three new independent directors: David Muchoki Kanja, Greta Bull and Kanini Mutooni. “Their extraordinary wealth of experience and deep understanding of the African context will be a huge asset as we move into a new phase of growth which will see our role as both a provider and an enabler of green finance in Africa grow strongly in prominence,” FSD Africa said on the appointment, Frannie Léautier, a highly experienced…
After much-needed hue and cry over predatory and arm-twisting conduct characterising Kenya’s digital lending businesses, The Central Bank of Kenya Amendment Act 2021 (hereinafter the “Act”) was assented to on December 7, 2021, and became effective on December 23, 2021. The legislation is a much needed and a laudable guardrail that seeks to bring digital credit providers into the fold of regulatory oversight. The Act defines “digital credit” as a credit facility or arrangement where money is lent or borrowed through a digital channel whilst” digital lenders” are now referred to as “digital credit providers” to mean a person licenced by the Central Bank…