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    Maize prices decline in the region

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    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

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    United States invest $40 million in Ethiopia’s health sector

    Innova to open a US$40 Million plant in Kenya to build green affordable homes- The Exchange

    Kenya’s private Mwale Medical and Technology City gets US$40 million American support

    Sesame - The Exchange www.exchange.co.tz

    Israel, Ethiopia inaugurate new sesame processing factory

    Investing and implementing infrastructure projects in East Africa is set for a paradigm shift as government officials, private sector and expert meet in Nairobi for the first East Africa infrastructure project financing conference. The two day conference will address infrastructure development and financing.

    Boost for E.A projects as experts meet for inaugural infrastructure forum

    Sunflower (Harris Seeds)- The Exchange

    The untapped edible oil sector in Tanzania

    China is dominating the global creative goods and services trade beating the US and Japan and European countries like France and the UK. www.exchange.co.tz

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    China’s internet, social censorship comes to Africa

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn unveils new US$24.9 million high-end real estate project in Nairobi

    President Emanuel Macron will be visiting Kenya in March in a visit that will see the two countries sign bilateral agreements. As the governments meet, the private sector has already made significant entry into the country

    Kenya already a French zone even as President Macron visits

    The locations and countries where the blockchain technology is being used in Africa. The global blockchain market value is estimated to surpass the USD 60.7 billion mark by 2024 and African tech companies are not being left behind in the revolution. www.exchange.co.tz

    10 companies revolutionising blockchain technology in Africa

    The Africa Netpreneur Prize Initiative (ANPI) will officially call for applications starting from the 27th of March 2019.

    Jack Ma US$ 10 Million entrepreneurship prize kicks off

    Africa-5 - The Exchange www.exchange.co.tz

    Former African Envoys advocate for more economic engagements with Russia

    Minister of Foreign Affairs and International Relations of the Kingdom of Lesotho, Lesego Makgothi

    Russia wants to bolster economic ties with Lesotho

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn granted REITs manager license ahead of NSE launch

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    (L-R ) Control Risks CEO Richard Fenning ,Senior Partner East Africa Daniel Heal and Analyst Patricia Rodrigues address media during the press briefing at Capital Club Nairobi.

    US-China rivalry to shape Kenya, Africa’s foreign policy in 2019

    The Kenya Private Sector Alliance (KEPSA) has commended state corporations for inclusion of women on their boards. The private sector lobby group notes that more organizations in the country recognize the different views that women hold and the roles that they play in driving the economy forward.

    Kenya lauded for high number of women in state corporations

    SEACOM has appointed Mr. Tonny Tugee to be the company’s Managing Director of the Eastern North and East Africa region, in the latest managerial changes at the service provider.This is the first time SEACOM has appointed a Managing Director for the region. As a pan-African telecom enabler, SEACOM is banking on a strengthened local leadership team with deep market knowledge to drive the uptake of its connectivity and cloud services in Kenya and the East Africa region.

    Seacom appoints first East African Managing Director

    Seventeen companies listed on the Nairobi Securities Exchange need to improve on good corporate governance, a report by the Capital Markets Authority has revealed, even as it warns against breaching reporting standards. CMA says it is keen to ensure high compliance on corporate governance in Kenya.The CMA Corporate Governance Report of issuers of securities to the public in Kenya shows assessed 56 issuers of securities to the public in 2017-18.

    How NSE listed firms have failed on corporate governance

    With clients like Asoko Insights, Twiga Foods and Uber Eats, Shortlist has raised US $2 million from a group of investors to expand its growing demand of its HR services- The Exchange

    Kenya and India recruiter Shortlist in $2 Million capital injection

    Kenya has opened the ground for global environmental discussions ahead of the Fourth Session of United Nations Environmental Assembly set for later in March. The over 100 delegates, negotiators of the Sixth Global Environmental Outlook (GEO-6) report from United Nations Environment Assembly (UNEA) member states, are meeting in Nairobi this week to discuss environmental issues at the four-day conference whose theme is "Healthy Planets, Healthy People".

    Kenya sets stage for global environmental talks

    Participants at a previous KECOBO event. KECOBO has licensed 3 Kenyan CMOs to be collecting royalties for Kenyan musicians in 2019. www.exchange.co.tz

    Sweet tunes bring good fortunes to 3 Kenyan CMOs

    Kenya's e-commerce supermarket sells stake to Dutch investors- The Exchange

    Goodwell buys USD 2M stake in Kenya’s Copia

    ultra-high net worth individuals (UHNWI) - The Exchange www.exchange.co.tz

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    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE opens year with low activities after 2018 bear run

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE dips as 2018 ends on a bear market territory

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE records low business as year ends

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

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    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

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    Electronics company, ASUS beefs Kenyan market, eyes East Africa

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    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    (L-R) BAT IT Business Unit IT Manager Edgar Okioga, SEACOM Business Sales Lead Patrick Ndegwa and KAM CEO Phylis Wakiaga. They say ICT will help Kenya achieve its 2022 GDP growth ambition with cutting-edge digital tools playing a key role to advance manufacturing, job creation and economic development. [Photo/SEACOM]

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    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

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    Maize prices decline in the region

    Why Tanzanians preferred Kenyan maize in the last quarter of 2018

    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

    Healthcare in Ethiopia - The Exchange www.exchange.co.tz

    United States invest $40 million in Ethiopia’s health sector

    Innova to open a US$40 Million plant in Kenya to build green affordable homes- The Exchange

    Kenya’s private Mwale Medical and Technology City gets US$40 million American support

    Sesame - The Exchange www.exchange.co.tz

    Israel, Ethiopia inaugurate new sesame processing factory

    Investing and implementing infrastructure projects in East Africa is set for a paradigm shift as government officials, private sector and expert meet in Nairobi for the first East Africa infrastructure project financing conference. The two day conference will address infrastructure development and financing.

    Boost for E.A projects as experts meet for inaugural infrastructure forum

    Sunflower (Harris Seeds)- The Exchange

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    China is dominating the global creative goods and services trade beating the US and Japan and European countries like France and the UK. www.exchange.co.tz

    How is Africa suffering from US-China trade wars?

    Ethiopian Airlines - The Exchange www.exchange.co.tz

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    SMEs in Kenya given a boost

    African SMEs set to gain from AMI $ 2.8M investment fund

    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn unveils new US$24.9 million high-end real estate project in Nairobi

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    (L-R ) Control Risks CEO Richard Fenning ,Senior Partner East Africa Daniel Heal and Analyst Patricia Rodrigues address media during the press briefing at Capital Club Nairobi.

    US-China rivalry to shape Kenya, Africa’s foreign policy in 2019

    The Kenya Private Sector Alliance (KEPSA) has commended state corporations for inclusion of women on their boards. The private sector lobby group notes that more organizations in the country recognize the different views that women hold and the roles that they play in driving the economy forward.

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    Seacom appoints first East African Managing Director

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    How NSE listed firms have failed on corporate governance

    With clients like Asoko Insights, Twiga Foods and Uber Eats, Shortlist has raised US $2 million from a group of investors to expand its growing demand of its HR services- The Exchange

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    Kenya sets stage for global environmental talks

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    ultra-high net worth individuals (UHNWI) - The Exchange www.exchange.co.tz

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    Tanzanian money (World Atlas)- The Exchange

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    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE opens year with low activities after 2018 bear run

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE dips as 2018 ends on a bear market territory

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE records low business as year ends

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE closes week Ksh400 million weaker on low trading

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    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE kicks-off week with low activities, traded shares close at Ksh7 million

    Bank of Kigali-The Exchange

    CMA approves the first Rwandese Company to be listed on Kenya’s Bourse

    Mkutano Investment Conference Kampala Serena Hotel Capital markets in Uganda Infrastructure development in Uganda

    Nairobi gears for FOREX trading conference

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    Water- blogs.oracle.com- The Exchange

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    ASUS General Manager, PC & Gamimg for East Europe, Middle East and Africa Mr. Benjamin Yeh,(left) and ASUS Regional Manager for Africa, Israel and Turkey Bora Aras (r) pose with models at the launch of the new laptop models ZenBook, VivoBook and TUF Gaming in Nairobi. The company is eying an expanded presence in Kenya and East Africa

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    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    (L-R) BAT IT Business Unit IT Manager Edgar Okioga, SEACOM Business Sales Lead Patrick Ndegwa and KAM CEO Phylis Wakiaga. They say ICT will help Kenya achieve its 2022 GDP growth ambition with cutting-edge digital tools playing a key role to advance manufacturing, job creation and economic development. [Photo/SEACOM]

    Why ICT will help Kenya achieve 2022 GDP growth

    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

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Base Titanium, IIA partner to support local entrepreneurs

Chacha Mwita by Chacha Mwita
February 12, 2019
in Entrepreneurship
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Kenya’s largest miner Base Titanium has signed a Memorandum of Understanding with not-for-profit organisation and private sector growth catalyst Invest In Africa.The MoU will see Base Titanium harness and increase opportunities for local suppliers within Kwale County and Likoni Sub-County where the firm is mining titanium ores in the Kenyan coastal region.

From L-R:Base Titanium's Sammy Chalwa, IIA Country Director Wangechi Muriuki and Terry Kinyua (IIA-Chief Operating Officer) during the signing of an MoU to boost local businesses in Kwale. Also present was Base’s External affairs manager Melba Wasunna and Joe Schwarz( general manager external affairs and development).

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The MoU will see Base Titanium harness and increase opportunities for local suppliers within Kwale County where the firm mines titanium ores.

Kenya’s  largest mine- Base Titanium has signed a Memorandum of Understanding with not-for-profit organisation and private sector growth catalyst Invest In Africa.

The MoU will see Base Titanium harness and increase opportunities for local suppliers within Kwale County and Likoni Sub-County which are central to its operations.

The company mines Titanium ores in the Kenyan coastal region.

According Base Titanium’s Finance and Administration Manager, Sami Chalwa, the partnership was informed by a study Base commissioned in 2016 to identify gaps in the local content supply chain, after the company noticed that fewer local businesses were applying for tenders.

The study by German development agency GIZ also provided a framework and recommendations to help local businesses’ increase their capacity to compete for tenders.

Some of the recommendations included providing financial capital to businesses, entrepreneurial development and improving access to information.

Mr. Chalwa said:“Following the recommendations by GIZ, we have put in place systems to ensure local suppliers have access to Base’s tender opportunities as well as conducting numerous workshops to ensure better understanding of expectations.  We look forward to working with Invest in Africa to improve this further”.

In Kenya, Invest In Africa is already working with other large organisations including Tullow Oil and Equity Bank to ensure Kenya has a stronger and more sustainable business value-chain.

This is being done by linking opportunities for supply of goods and service to local smaller businesses.

As local content continues to be an increasingly important part of the Kenya business supply-chain, 67 per cent or US$20.2 million (Ksh2.03 billion) of Base Titanium’s expenditure is spent on local suppliers annually with US$13.9 million (Ksh1.4 billion) paid to Kwale-based suppliers since start of operations in 2014, averaging US$3.3 million (Ksh335 million) per year.

The National Economic Survey report by the Central Bank of Kenya (CBK) indicates that Small and Medium Sized Enterprises (SMES) constitute 98 per cent of all business in Kenya while creating 30 per cent of the jobs annually.

These support 75 per cent of the total workforce with the trends showing the significance of SMEs in growing the economy.

In support of the Big our Agenda, the president pledged to find solutions to the issues affecting SMEs as they will be key drivers to ensuring sustainable economic growth.

“Base Titanium, together with Invest in Africa are working to meet this end,” the two said in a joint statement on Tuesday.

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Tags: AfricaBase TitaniumCentral Bank of Kenya (CBK)Equity BankgermanGIZInvest In AfricaKenyaTullow Oil
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