Author: Khusoko

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

Africa’s future economic and social progress is under threat from alarmingly high levels of child hunger, a new study released at the eighth International Policy Conference on the African Child says. The report by African Child Policy Forum (ACPF) says while global child hunger is declining, in some parts of Africa, it is getting worse, with around 60 million African children stunted and millions more suffering from wasting. Hunger contributes to nearly half of all child deaths. “It is completely unacceptable that children are still going hungry in Africa in the 21st century,” ACPF executive director Dr. Assefa Bequele said.…

Read More

The Kenya Association of Manufacturers has introduced the Customer Bora-Taka Banks Program in partnership with Dandora Hip Hop City aimed at facilitating sustainable collection of waste for recycling by establishing trial “taka bank” kiosks to serve as collection stations. Customer Bora –Taka Bank program is a collective initiative poised to strengthen proper waste management in Kenya by rewarding responsible consumers as well as connect manufacturing brands with their customers. The program will extend efforts being realized by the national the government in raising public awareness, especially young people, on proper disposal and recycling waste. Speaking at the launch on Wednesday,…

Read More

When I was still little, my elder sister joined the United States International University – Africa (USIU-Africa). As young and as naive as I was, I always thought my sister used to school abroad. She also capitalized on my innocence narrating how she always flew in from time to time from the United States just to say hello to us. As the years flew by, I made a discovery of my life. I should have been a scientist or a detective or a researcher of some sort. I unmasked my elder sister. I discovered that she was attending the United…

Read More

The world’s first technology hub that will provide the space, resources, and networks to explore innovative technology solutions to conservation problems has been launched in Kenya’s Ol Pejeta Conservancy. It is hoped that the facility will help accelerate learning and embrace accessible, scalable conservation solutions. These solutions will improve biodiversity conservation and human well-being, locally and globally. Ol Pejeta Conservancy partners with conservation and technology organisations to kick-start a research and innovation centre for wildlife conservation The project is courtesy of Ol Pejeta Conservancy in partnership with Fauna & Flora International (FFI), Liquid Telecom and Arm, and supported with initial…

Read More

East African Portland Cement Company (EAPCC)  has hired Stephen Kyalo Nthei as managing director in acting capacity, a role that will be a key part of the firm’s realization of its turnaround efforts in the medium term plan. The Head of Financial Management replaces Simon Peter ole Nkeri who has been sacked following a board meeting held on May 17, according to a memo sent to staff on Monday, the Business Daily reported. “The board resolved to release Simon Peter Nkeri for his duty as the managing director,” said the memo. Kyalo joined the cement maker on  1st April 2007.…

Read More

The Coca-Cola Company will maintain its majority stake in its African bottler Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements of CCBA within its results from continuing operations in the second quarter of 2019. Coca-Cola previously announced its intention to refranchise CCBA, which is the largest bottler of Coca-Cola beverages in Africa, serving 12 countries. The company has had discussions with a number of potential partners about the divestment of its controlling stake. Last year, the beverage giant reported a 10% decline in net revenues as it was hurt by the…

Read More