AirAsia X, the Malaysian budget carrier, announces its first foray into Africa with direct flights between Nairobi and Kuala Lumpur starting November 15, 2024. The airline will operate four flights weekly, enhancing connectivity between Kenya and Malaysia.
Kenchic, renowned for its poultry products, has launched Kenbeef, a new line of premium beef cuts catering to the growing demand for quality beef in Kenya. Jim Tozer, Managing Director of Kenchic, unveiled Kenbeef, featuring premium cuts like ribeye and sirloin, alongside processed items such as sausages, burger patties, and boerewors.
Safaricom has surged ahead in the 5G race, now operating 803 5G sites across 43 counties in Kenya, as disclosed in its latest annual report. This significant milestone marks a notable shift from last year, where Safaricom trailed behind Airtel with 205 sites compared to Airtel’s 370. Now, Safaricom’s expansive network underscores its commitment to delivering super-fast internet speeds to customers nationwide.
The Kenya Tourism Board (KTB) is spearheading a new era in Kenya’s tourism landscape by leveraging public-private partnerships to enhance adventure tourism opportunities. CEO June Chepkemei highlighted adventure tourism’s resilience and economic benefits, emphasizing its potential to attract more visitors and support local communities alongside traditional attractions like wildlife and beaches.
Nala, an African remittance startup, has raised a remarkable $40 million in Series A funding, marking one of the largest transactions of its kind in Africa. This round, oversubscribed and led by Acrew Capital, with support from DST Global and other notable investors, underscores confidence in Nala’s vision and growth potential.
TymeBank, the pioneering South African digital bank, is set for strategic leadership changes as Karl Westvig takes the helm as Chief Executive Officer from October 1, 2024. This transition allows current CEO Coenraad Jonker to focus fully on his role as Executive Chairman of Tyme Group, following the bank’s milestone achievement of reporting its first-ever profit in December 2023.
Kingdom Bank has expanded its footprint in Kenya with the opening of its 22nd branch in Meru County, marking the third branch launch this year. This strategic move underscores the bank’s commitment to supporting the vibrant agricultural community and fostering local business growth in the region.
Twenty-five Kenyan students under the Huawei Seeds for Future programme completed an enriching one-week immersion into digital technology skills during an ICT study tour in Shanghai, China. This initiative, which coincided with MWC Shanghai 2024, selects students from Sub-Saharan Africa to equip them with digital skills for innovation and job market readiness.
