Kenya Airways and ECAir have decided to collaborate closely in the near future

More than 300 participants attended the 47th General Assembly of African Airlines Association (AFRAA) BRAZZAVILLE, Congo (Republic of the), November 11, 2015/ — Fatima Beyina-Moussa, CEO of ECAir, Equatorial Congo Airlines, (www.flyecair.com), the national airline of the Republic of Congo, chaired the proceedings of the 47th General Assembly of the African Airlines Association (AFRAA). The event, under the high…

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IGS and K-Rep open way to low cost home ownership for Sh800k and upwards

Home kit maker International Green Structures Kenya Limited (IGS Kenya) and K-Rep Development Agency have announced a partnership to provide housing finance for affordable, high quality, prefabricated houses, ranging in price, for complete homes, from Sh800,000 to several million shillings. By last year, high interest rates had seen more than 7m families locked out of home loans and only…

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First Lady Margaret Kenyatta launches massive NBK forestation initiative in Northern Kenya

In one of the fastest rates of growth, bank has set up 25 branches since 2013 and is amassing a forest of 100,000 trees with each of the branched it is setting up Nairobi Kenya, 12th November, 2015: Kenya’s First Lady Margaret Kenyatta has lauded the National Bank (NBK-NSE) – Kenya’s fastest growing listed bank- for “contributing a great…

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Millions of Verve cardholders to enjoy improved services in East Africa

Nairobi, Kenya: October 29th, 2015: Verve International (‘Verve’), the leading African payment card brand, has announced its official entry into the Kenya market at a launch in Nairobi. The launch included the announcement of a strategic partnership with Kenya Commercial Bank (KCB) to expand card acceptance and payment services in six key East African markets. Verve, which is also…

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Davis & Shirtliff provides water to Baringo residents

Davis & Shirtliff provides water to Baringo residents Major African supplier of water and energy equipment Davis & Shirtliff, has partnered with Japan International Cooperation Agency (JICA) to provide water to Baringo County residents who have been facing acute water shortages. Drought and famine remain a challenge in most parts of Baringo where locals are frequently forced to rely…

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Paynet Group rebrands to Interswitch; unveils new corporate identity in Kenya.

Nairobi, Kenya: October 27, 2015: Interswitch, a leading integrated digital payments and commerce provider focused on Africa has today launched its brand new corporate identity in Kenya. This marks a new phase in Interswitch’s expansion across Africa and follows the completion of merger with leading East African e-payments provider Paynet Group. Effectively, Paynet Group – East Africa’s leading multi-institutional…

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Doing Business Report Finds More than 60% of World’s Economies Improved Their Business Rules in Past Year

WASHINGTON, October 27, 2015 – Developing economies quickened the pace of their business reforms during the last 12 months to make it easier for local businesses to start and operate, says the World Bank Group’s annual ease of doing business measurement. Doing Business 2016: Measuring Regulatory Quality and Efficiency finds that 85 developing economies implemented 169 business reforms during…

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TANESCO’s Managing Director to address Tanzania’s leading investors at forum for power sector development this December

As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long-termm goal of becoming a regional hub. The Powering Africa: Tanzania investment briefing will take place from…

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Tanzania Presidential aspirants challenged to state their positions on pensions

Dar es Salaam, 17th October 2015: Contestants in the presidential and parliamentary elections in Tanzania have been challenged to expound their visions and policies towards old age before the polling date. Speaking at a meeting in Dar es salaam on Monday and attended by HelpAge International, Older persons and the media, Smart Daniel who is the Deputy Country Director,…

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Alarming news: Global Economic weakness to last into 2016

  A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. In a speech that previewed a report on global growth due next month, IMF Managing Director Christine Lagarde held back from…

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