Java House has launched a new Java House Express in Voi, Taita Taveta County, marking its first outlet in the region and continuing its expansion outside Nairobi. This new location aims to serve the tourist-heavy county and the residents of Voi, a transit town, while also creating job opportunities and contributing to the socio-economic development of the area.
Google for Startups has revealed the 24 startups selected for the 2024 edition of the Growth Academy: AI for Health initiative. The program aims to support high-potential businesses across Europe, the Middle East, and Africa (EMEA) that are leveraging artificial intelligence (AI) to revolutionize medical research and healthcare. Notable selections include Kenya’s Thalia Psychotherapy and TibuHealth, Nigeria’s Healthtracka, and South Africa’s Zoie Health, showcasing AI’s role in addressing healthcare challenges in Sub-Saharan Africa.
The Institute of Certified Investment and Financial Analysts (ICIFA) and Safaricom have entered into a Memorandum of Understanding (MoU) to promote accessibility and inclusivity in financial education across Kenya. This partnership aims to address the low financial literacy levels in the country and improve financial health among individuals.
MojaEV, the Chinese electric vehicle (EV) maker, has launched its first EVs in Kenya, targeting cab drivers with a range of Neta variant SUVs and mid-level consumer cars. The full launch is scheduled for mid-June, aligning with the government’s agenda of promoting sustainable transport and reducing pollution.
Paul Russo, CEO of KCB Group, has been honored as the African Business Leader of the Year by Africa Leadership Magazine, recognizing his transformative vision and outstanding contributions to the banking sector across the continent.
Kingdom Bank has unveiled its latest branch in Kitale, Trans Nzoia County, marking a strategic move in its branch expansion plan to increase its reach and better serve the growing clientele, especially Micro, Small, and Medium Enterprises (MSMEs) across Kenya.
iHUB Kenya has unveiled twelve innovative EdTech start-ups selected for the second cohort of the Mastercard Foundation EdTech Fellowship. Launched in 2023, this fellowship programme, in partnership with the Mastercard Foundation, accelerates technology-driven education solutions across Kenya and Africa.
I&M Group, a listed lender, significantly expanded its operations last year, adding 299 new jobs as part of an aggressive growth strategy. This increase brought the total employee count to 2,827, up from 2,528 in the previous year, supporting the group’s retail and digital strategy.
