A milestone event unfolded as SINOMA Roofing Company, a leading Chinese roofing manufacturer, inaugurated a new factory in Machakos County, Kenya. This facility is set to revolutionize the roofing industry by offering affordable, eco-friendly, and durable materials to the Kenyan market.
Ukheshe has officially rebranded to EFT Corporation, marking a significant step forward in the evolution of financial technology across Africa. The rebrand follows Ukheshe’s acquisition of EFT Corporation in January 2024, consolidating their expertise and resources under one unified brand to lead the charge in financial inclusion on the continent.
Acer, the PC technology company headquartered in Taipei, Taiwan, has announced plans to begin manufacturing monitors in South Africa. This initiative, set to commence next month, aims to create jobs and boost local communities.
MultiChoice Kenya has secured broadcasting rights for the UEFA EURO 2024 tournament across its diverse platforms, including Showmax Mobile, DStv, DStv Stream, Gotv, and Gotv Stream. This ensures that football fans across Kenya will have access to one of the most anticipated football events of the year, starting from June 14.
The Kenyan government has earmarked approximately $125.3 million to bolster projects within the Information, Communication, and Technology (ICT) sector during the upcoming 2024/2025 financial year. National Treasury Minister Njuguna Ndung’u announced the allocation in Parliament, emphasizing its strategic importance for national development.
Absa Bank Kenya and the International Trade Centre (ITC) SheTrades Kenya Hub are set to host the Absa InspireMe Conference, the continent’s largest gathering of women entrepreneurs, targeting over 10,000 participants. This initiative, under Absa Bank’s Women in Business proposition launched in 2021, aims to facilitate market linkages, business-to-business networking, and mentorship.
TotalEnergies Marketing Kenya (TMK) has significantly expanded its electric vehicle (EV) charging network, setting up 13 charging sites in partnership with leading e-mobility firms Ampersand, Roam, and Arc Ride. This strategic move highlights TMK’s commitment to promoting clean transport and sustainability.
NTT DATA has appointed Thembeka Ngugi as the Head of Marketing and Demand Generation for its Middle East and Africa operations. With this strategic move, NTT DATA aims to continue accelerating its business growth across the region.
