EAC Hits 100% Mobile Penetration, Leads Africa

East African countries have reached a remarkable milestone, achieving 100 percent mobile penetration with 199.7 million subscribers, outpacing Africa’s 92 percent average but still below the global average of 111 percent as of last year. Fresh data from the East African Communications Organisation (EACO) reveals that the region’s mobile penetration growth surpassed both the International Telecommunication Union (ITU) Africa region and the global averages, which increased by 10 and four percentage points respectively.

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Simba Corp Delivers Two EVs to Kenya Power

Simba Corporation has achieved a significant milestone by delivering the first all-electric Mahindra XUV400 SUVs to Kenya Power, underscoring a key step towards sustainable mobility in Kenya. This marks the beginning of a broader initiative to incorporate electric vehicles into Kenya Power’s fleet, with a total of six electric vehicles acquired this year and plans to expand to nine electric vehicles and 25 electric motorcycles by December 2024.

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LG Academy Boosts Technical HVAC Skills in Kenya

LG Electronics is set to train 37,000 individuals globally on its advanced Heating, Ventilation, and Air Conditioning (HVAC) systems in 2024. This initiative aims to build a robust network of skilled installation and service engineers to support the management of LG equipment, reflecting the brand’s increasing global popularity and commitment to high-quality service.

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NCBA Group Finalizes 100% Acquisition of AIG Kenya

NCBA Group has officially completed its 100% acquisition of AIG Kenya Insurance Company Limited (“AIG Kenya”), marking a significant milestone in the financial services industry. This strategic acquisition, announced on Monday, strengthens NCBA’s position in the market and brings into its fold an insurance business with over 50 years of experience and a strong reputation for providing comprehensive general insurance solutions to Corporates, SMEs, and individuals.

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Kenya Opens Market for Duty-free EU Imports

Kenya and the European Union have successfully implemented a landmark trade agreement after a decade of negotiations, marking a significant milestone for both parties. This deal opens Kenya’s domestic market to tax-free goods from the EU’s 27-country bloc after 25 years. The EU-Kenya Economic Partnership Agreement (EPA) will preserve unrestricted access for Kenyan goods to the European market, excluding arms.

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Orange Digital Center Launches in Guinea-Bissau

Orange has launched the Orange Digital Center (ODC) Guinea-Bissau, marking a milestone in fostering digital skills and supporting local entrepreneurship. This initiative introduces a comprehensive ecosystem offering free programs tailored for youth, including hands-on digital training, project leadership support, and startup acceleration with funding opportunities.

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MTN Rwanda Reports Major Gains in 4G Expansion

MTN Rwanda celebrates a significant milestone, achieving 84.5% 4G population coverage just under a year after obtaining its 4G license in July 2023. Mapula Bodibe, CEO of MTN Rwanda, announced this achievement at the 2024 Annual General Meeting, highlighting the substantial impact on digital access and internet quality throughout the country.

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