Hakuna Matata Media

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.

One week after announcing its closure, Mobius Motors, a Kenya-based automaker backed by Playfair Capital, has accepted an acquisition offer from an undisclosed buyer. This development comes as a significant turnaround for the company, which had been struggling financially.

Angola Cables has achieved a significant milestone with data traffic across its network reaching a record peak of 18,448 Tbps. This achievement has elevated Angola Cables to the 24th position in the Center for Applied Internet Data Analysis (CAIDA) global rankings, making it the only African network operator in the top 50.

Tobias Alando has been appointed as the new CEO of the Kenya Association of Manufacturers (KAM), succeeding Anthony Mwangi, who has stepped down from the position. Alando, who previously served as KAM’s Chief Operating Officer, brings a wealth of experience and an insider’s perspective to the role.