Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

Today, a patient came in for her first mammogram at age 54. When I asked if she’d ever had one, she responded, “Why should I go looking for trouble?”This mindset is not uncommon in Africa, even among healthcare workers (HCWs). There’s a deep-rooted belief that if you feel fine there’s no need to seek medical attention. Health-seeking behaviour plays a critical role in determining cancer outcomes. Unfortunately, many people delay seeking care until symptoms become unbearable. This delay often leads to late-stage cancer diagnoses when treatment options are more extensive, more expensive, and less effective. Cultural misconceptions also contribute to…

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For years, farmers in this vibrant community have faced significant challenges in selling their crops. Middlemen often dictated prices, leaving the farmers with little to show for their hard work. But amid these struggles, a vision began to emerge. It all began with a passionate leader, Nabulu in the Nabulu Naretoi Saen Society, who believed in the power of unity and innovation. During a meeting, a group of educated young people from the Naretoi Society shared an idea: “What if we could create a platform where we could showcase our products directly to buyers? A place where we can support…

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Kenyan residents have long faced challenges when making payments on international websites. On one hand, the country’s banks impose strict limitations on international transactions. On the other hand, many payment gateways on foreign sites automatically block transactions from regions with high levels of online fraud. Unfortunately, Kenya is on that list. However, we’ve found a solution. All you need is to open a virtual dollar card “Ultima” from PSTNET and use it wherever needed. From app store purchases and subscriptions to foreign services to regular shopping and booking flights. Ultima Card: Features and Benefits The PSTNET financial platform has established…

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Equity Bank Kenya has urged small and medium enterprises (SMEs) to scale up their operations beyond their current geographical boundaries and explore opportunities in regional markets. Speaking at a networking forum in Thika, Acting Managing Director Moses Nyabanda highlighted the significant potential for SMEs in the Democratic Republic of Congo, a market with a high demand for goods and services. Nyabanda encouraged SMEs to join Equity in investing in the region and contributing to Africa’s economic development. “You can change the narrative of our development by joining us to invest in the region to scale up your business,” he said.…

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Madison Life Assurance and HF Group have partnered to provide affordable financing options at VillaKazi Homes, a master-planned development in Athi River. VillaKazi Homes is a 100-acre mixed-use development featuring residential units and commercial centres that will be developed in four phases. HFC is providing affordable loans with a fixed interest rate of 9.5%. It will also handle project management, sales, and marketing. Plots start at Kshs 2.8 million, with financing of up to 70% available. “Potential homeowners have the option of buy and build their dream home and HF Group will finance the purchase of the plot and construction…

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Centum Real Estate has completed the handover of 24 luxury four-bedroom apartment units in phase two of its Loft Residence project at Two Rivers. All 24 four-bedroom units have been sold, ranging from Kshs 36.0 million to Kshs 52.0 million. The project was funded through a Kshs 3.0 billion bond issued by Centum Re. 21.0% of buyers utilized mortgage financing. https://khusoko.com/2023/02/20/centum-real-estate-first-phase-of-loft-residences-completed/

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