BasiGo Secures KSh1.3B for Local Bus Assembly

BasiGo has secured a significant investment of KSh1.3 billion from the United States International Development Finance Corporation (DFC) to ramp up local assembly of its electric buses. This loan facility is expected to play a crucial role in fulfilling orders from Nairobi matatu operators, who have already placed over 500 reservations for these vehicles. The investment will also support BasiGo’s plan to create at least 300 green manufacturing jobs, further boosting the local economy.

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Starlink Introduces Rental Kits to Boost Market Penetration

Starlink is making significant strides in Kenya by introducing a rental option for its satellite internet kits, addressing a major barrier to adoption. This new initiative allows customers to rent the hardware on a monthly basis, with a one-time activation fee of KSh 2,700 and a monthly hardware rental fee of KSh 1,950. This move aims to make Starlink’s services more accessible by reducing the upfront cost, which previously deterred many potential users.

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Senegal Successfully Launched Its 1st Satellite

Senegal has achieved a historic milestone with the successful launch of its first satellite, GAINDESAT-1A, from California on Friday evening. This significant event positions Senegal as one of only 12 African nations with its own surveillance and telecommunications satellites in space. The launch marks a pivotal advancement in the country’s space capabilities and technological development.

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Prudential, Google Cloud Partner to Enhance Insurance with AI

Prudential plc has announced a groundbreaking partnership with Google Cloud to transform the insurance industry through artificial intelligence. This strategic alliance aims to develop AI-powered products and applications that will revolutionize interactions among customers, agents, and employees. The collaboration marks a significant milestone as it introduces the first AI Lab dedicated to insurance in Asia and Africa.

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