PSV Owners Place Orders for 500 E-Buses with BasiGo
Local electric vehicles assembler BasiGo receives a significant boost with orders for 500 buses from PSV operators in Nairobi, signaling a major expansion for the firm.
Kenya to Begin the Construction of a 1GW Data Centre in Naivasha
Kenya is poised to become a hub for global technology companies with plans underway to construct a one-gigawatt green energy-powered data centre in Naivasha, Nakuru County, serving the entire African continent.
Madica Invests in Three Start-ups in Africa
Exciting news in the African startup ecosystem! Madica, a structured investment programme, has announced its first round of investments in three promising startups.
IMF Predicts Kenya’s Economy will Surpass Angola’s
Kenya’s economy is poised to surpass Angola’s, becoming the fourth-largest economy in sub-Saharan Africa this year, according to IMF forecasts
Victoria Bank Ups Kindergarten Stake by Sh20M
Victoria Commercial Bank has injected an additional Sh20.08 million into Montessori Learning Centre, a Nairobi-based kindergarten facing financial difficulties.
Billionaire Baloobhai Patel Increases Absa Stake by 5.8M Shares
Baloobhai Patel, a prominent Kenyan investor, has significantly increased his holdings in Absa Bank Kenya. Over the past six months, Mr. Patel acquired an additional 5.8 million shares, bringing his total stake to
Tesla Scraps Model 2 , Promises Cheaper Cars
Tesla announced a significant shift in its strategy, prioritizing “new models” built on existing platforms for a faster rollout by early 2025.
Netstar Unveils Africa’s Biggest Live Vehicle Telematics Bureau
Netstar, a subsidiary of Altron, has unveiled their game-changing Global Fleet Bureau in South Africa, claiming it to be the most technologically advanced vehicle telematics hub on the entire continent.