Smart Meters Boost Kenya Power’s Sales by $347M
Kenya Power’s deployment of 67,000 smart meters has boosted annual sales by Sh347 million, targeting small businesses for enhanced revenue collection.
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Economic Commission for Africa Targets Empowering 650 Million Workers Digitally
The Economic Commission for Africa (ECA) has set an ambitious goal of empowering 650 million African workers with digital skills by 2030, aiming to create millions of jobs for the continent’s youth.
Quickmart Launches Its 60th Branch in Narok Town
Quickmart, one of Kenya’s prominent retail chains, celebrates the opening of its 60th store in Narok town, further expanding its footprint in the country.
Bank of Tanzania Eases Policies to Promote Economic Growth
The Bank of Tanzania has announced a significant relaxation of Bureau de Change regulations to strengthen the formal financial system and address the dollar shortage in Tanzania.
German fund Provides Ksh42bn Grants for African Hydrogen Projects
Germany’s Power-to-X Development Fund (PtX) is offering a €270 million grant to boost hydrogen production in select countries, including Kenya.
OpenAI Debuts ‘Sora,’ AI Model Converting Text to Video
OpenAI unveils ‘Sora,’ a cutting-edge software translating text into captivating videos, catering to both red teaming for AI system flaw identification and creative endeavors for visual artists and filmmakers.
IMF Urges Zimbabwe to Accelerate Currency Reforms for Market Stability
The International Monetary Fund emphasizes the need for Zimbabwe to swiftly implement currency reforms, aiming to establish a market-driven exchange rate system and rectify economic distortions.
EPRA Reduces Petrol , Diesel , and Kerosene Prices by Sh1
The Energy And Petroleum Regulatory Authority (EPRA) lowers fuel prices in Nairobi, with petrol, diesel, and kerosene witnessing a decrease of Sh1 per litre.