Bradford Nyangiri and Felix Makori from Menyenya Secondary School in Nyamira County have emerged as the overall winners of the 2024 Young Scientists Kenya (YSK) National Science and Technology Exhibition. Their innovative project, the “Sunken Cooking Jacket,” excelled among 1,780 submissions, securing the top position in the Chemical, Physical, and Mathematical Sciences category, specifically within the Energy and Transport sector.
AMG Realtors has made a significant move by announcing its venture into the American market with the launch of a land investment offering in Dallas, Texas. This new project, named Kenya One, is designed to cater to a diverse range of buyers, including first-time home buyers, growing families, and retirees. The choice of Texas for this expansion is strategic, driven by the state’s robust economy, business-friendly environment, and exceptional growth trajectory.
Dorcas Oduor, has made history as Kenya’s first female Attorney-General, officially sworn in on August 20, 2024. Her appointment marks a significant milestone in Kenya’s legal landscape, reflecting the growing inclusivity within the country’s top legal positions.
Ethiopian Airlines Group is poised to strengthen Ethiopia’s e-commerce sector through a strategic partnership with AliExpress. The collaboration will utilize Ethiopian Airlines’ logistic hub to streamline the distribution of AliExpress products, potentially offering a significant boost to businesses seeking to penetrate international markets.
Selar, Africa’s leading marketplace for digital creators, is expanding its footprint into Kenya, recognizing the country as the largest market in East Africa with a vibrant community of creators. The platform offers a robust e-commerce store builder that empowers creators to monetize their digital products, such as courses, e-books, music, art, and more. This expansion aligns with Selar’s mission to drive economic growth by providing Kenyan creators with the tools to effectively showcase and sell their digital content.
Jumia has successfully closed the sale of 20 million ordinary shares, achieving its funding target of $99.6 million. The transaction, detailed in a recent securities filing, was completed with an average share price of approximately $4.95, slightly above Friday’s trading price. Notably, liquor and wine maker Pernod Ricard acquired 1.27 million shares valued at around $6 million.
MetroTrans Investment Limited has made a significant investment of Sh103 million in the modernization of its fleet, acquiring 14 new Hino buses as part of its strategy to enhance public transportation services. These buses, locally assembled by CFAO Mobility Kenya and financed by Family Bank, are a testament to the company’s commitment to providing reliable and efficient transport solutions for Nairobi’s growing population.
Shelter Afrique Development Bank (ShafDB) and CPF Group have signed a Memorandum of Understanding (MoU) to accelerate the implementation of large-scale affordable housing projects in Kenya. This partnership aligns with ShafDB’s long-term goal of supporting member states through public-private partnerships, emphasizing the critical need for affordable housing solutions in the country.
