China’s AAQL Africa Announces Sh4.3bn Investment in Kenya
AAQL Africa, a leading health company from China, pledges a $30 million investment in Kenya’s e-commerce landscape, targeting expansion and job creation.
Category: Investment
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Longhorn aims for Ksh550 Million Orders From Public Schools
Longhorn Publishers anticipates Sh550 million in revenues from government contracts, boosting its financial outlook for the current fiscal year.
Roam Secures $24M Investment to Expand EV Production In Kenya
Kenyan Electric Vehicle (EV) manufacturer Roam secures $24M in Series A funding, with an additional $10M debt facility from the…
Bolt to Fund Vehicles For 1000+ Drivers In Kenya
Bolt plans to launch an asset finance program benefiting over 1,000 drivers by providing financing for both electric and diesel-powered vehicles.
KenGen Plans to Drill Geothermal Wells In Tanzania
KenGen, the listed electricity generating company, is set to expand its footprint into Tanzania with plans to drill three explorative wells for geothermal energy.
Mastercard and Glovo Initiate School Feeding Program in Kenya & Nigeria
Mastercard and Glovo plan on addressing hunger and education in underserved communities by providing over 300,000 meals for school children in Kenya and Nigeria.
FSD Africa and African Guaranteed Fund Sign Green SME Financing
FSD Africa and African Guarantee Fund (AGF) have teamed up to support Kenyan SMEs driving the green transition, part of a broader initiative across Africa.
Globeleq To Invest Sh4.6 in Malindi Solar Plant Project
Globeleq, a UK-based private power firm, is investing Sh4.6 billion to install battery storage for its Malindi solar plant, enhancing electricity supply during peak demand.