Roam Electric Mobility Named in 2024 Impact Top 100

Kenyan electric mobility startup Roam has achieved a significant milestone by being listed among the world’s top 100 impact companies in the prestigious 2024 Impact top 100 list. This accolade, curated by the Norrsken Foundation in partnership with more than 40 influential venture capitalists and NGOs, including the Obama Foundation and the World Fund, underscores Roam’s unwavering commitment to promoting clean transportation solutions while contributing to the advancement of the United Nations Sustainable Development Goals (SDGs).

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Burkina Faso Adopts Local Fabrics for School Uniforms

Burkina Faso is making significant strides in promoting its cultural identity and reducing reliance on international imports by adopting traditional, locally made fabrics for school uniforms. This initiative not only embraces the nation’s rich textile heritage but also aims to support local industries and job creation. The government’s decision to halt imports of police and military uniforms further emphasizes its commitment to local production.

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Ecobank Fintech Challenge 2024 Finale is September 27th

The Ecobank Fintech Challenge 2024 finale is set to take place on September 27th, 2024, bringing together Africa’s most innovative fintech minds. This prestigious event aims to showcase the latest advancements in technology that are driving financial inclusion and innovation across the continent. With a focus on empowering entrepreneurs, the challenge highlights solutions that address pressing issues in banking, payment systems, and economic growth.

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Safaricom, Google Partner to Train Migori Small Businesses

Safaricom PLC has partnered with Google to provide financial and digital literacy training to small businesses in Migori County, Kenya. This initiative aims to empower local entrepreneurs by equipping them with essential skills and knowledge to effectively manage and grow their businesses. The training covers a comprehensive range of topics, including budgeting, saving strategies, investment opportunities, and an in-depth understanding of various financial products and services.

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Davis & Shirtliff, Flowserve Improve Access to Industrial Pumps

Davis & Shirtliff, a leader in water and energy solutions in Africa, has partnered with Flowserve Corporation to enhance access to premium industrial pumps and seals across East and Central Africa. This collaboration marks a significant advancement in providing affordable, high-quality products to companies in the region, expanding Davis & Shirtliff’s industrial portfolio with Flowserve’s renowned offerings.

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Remittances Reach Record Sh55B in August 2024

Kenyans living abroad have made a significant contribution to the nation’s economy, increasing their remittances by $72.9 million (Sh9.4 billion) in August 2024 compared to the same period last year. This brings the total remittances for the month to $427.2 million (Sh55.09 billion), marking a 20.6 percent increase from August 2023. This surge represents the highest amount ever recorded for remittances to Kenya from its citizens abroad.

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