Sustainability News
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Kenya Launches Bold Strategy to Anchor Economic Growth on Start-Up Innovation
NAIROBI, Kenya, June 6 – Kenya is stepping up its innovation game with a renewed push to solidify the country’s start-up environment as a key pillar of future economic growth. At the heart of this shift is a strategic drive to empower entrepreneurs, streamline access to resources, and position innovation as a national economic driver.…
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Koko Networks Secures Sh23.2B World Bank Guarantee for Expansion
has secured Sh23.21 billion ($179.64 million) from the World Bank’s Multilateral Investment Guarantee Agency (MIGA) to support its expansion and mitigate risks, including legal disputes and land seizures. The 15-year financial guarantee ensures long-term stability for the company. Koko gas has been operating in Kenya since 2019 providing it’s services like affordable and eco friendly…
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ARC Ride Secures Sh660M to Boost E-Mobility in Kenya
Electric mobility firm ARC Ride has secured Sh660 million (US$5 million) in funding from British International Investment (BII) to accelerate the deployment of electric motorcycles and battery-swapping infrastructure across Nairobi and beyond. The company, which currently operates 170 automated battery swap stations in the capital, aims to roll out 5,000 electric boda bodas as part…
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MojaEV, Green Max Team Up to Boost EV Adoption in Kenya
Electric vehicle distributor MojaEV has entered into a strategic financing agreement with Green Max Capital Advisors to scale up electric vehicle (EV) adoption in Kenya’s public transport sector. The partnership aims to accelerate the rollout of EVs for taxis, matatus, and buses by providing drivers with affordable, flexible financing options an initiative industry experts believe…
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Stakeholders Push for Increased Agricultural Funding at FINAS-2025 Summit
Agriculture Cabinet Secretary Mutahi Kagwe has called for urgent and sustained investment in Kenya’s agricultural sector, describing it as an economic imperative and a moral responsibility. Speaking at the FINAS-2025 (Financing Agri-Foods Systems) Summit in Nairobi, CS Kagwe underscored agriculture’s critical role in ensuring food security, economic stability, and equitable development. He urged stakeholders, including…
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BURN Secures $5M to Scale Electric Cooking in Kenya
BURN, a clean cookstove manufacturer and carbon project developer, has secured a USD 5 million investment from EDFI Management Company (EDFI MC) under the EU-funded Electrification Financing Initiative (ElectriFI). The move aims at tackling household pollution and energy poverty in Africa. The funding is expected to support the distribution of BURN’s IoT-enabled ECOA Induction Cooker…
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Finsco, Co-op Bank Partner to Unlock Affordable Mortgages
Finsco Africa, Co-op Bank Sign Deal to Unlock Affordable Mortgages for Kenyans and DiasporaFinsco Africa has signed a strategic partnership with Co-operative Bank of Kenya to roll out low-interest, long-tenure mortgage financing under the Kenya Mortgage Refinance Company (KMRC) framework. The deal seeks to tackle Kenya’s housing finance dilemma by providing faster, structured access to…
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My Journey Of Bringing Sustainability To Fashion Industry
From a young age Joanna Maiden was troubled by the inequalities of the world. Born in London to a well to do family, she understood that having everything she wanted wasn’t worth it when others are suffering. She often thought of ways to lend a helping hand to the needy and bring positive change to…
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