Edgar Ouko

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The Democratic Republic of Congo (DRC) has overtaken Rwanda as the most profitable market for subsidiaries of Kenyan banks within the East African Community bloc, highlighting the opportunities in the mineral-rich Central African nation. 

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The 2024 Africa Impact summit deal room is hosting this fireside chat to bring out the experience of funds and businesses in the deal making process. The session will highlight some of the expectations , challenges and experiences of both investors and ventures in the fundraising journey.

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Railway network in Africa is key for the Import and Export trade across the continent. Recent reports clearly shows countries with the highest railway networks across the continent.

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Chad becomes the first country in the world to have medicine that cures sleeping sickness known as human African trypanosomiasis. This accomplishment marks the first time a neglected tropical disease has been eradicated in the country.

The success is attributed to sustained efforts by the government, international health organizations, and local communities. Comprehensive strategies, including widespread screening, treatment, and vector control measures, have been instrumental.

This landmark achievement not only improves public health but also sets a precedent for combating other neglected tropical diseases across Africa. Kudos to Chad!

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Have you thought of key management skills in your business?

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Its only few days left to the biggest leadership and mentorship conference, happening on the 17th and 18th of July in London.

Link to register https://www.eventbrite.co.uk/e/the-9th-alm-africa-summit-2024-tickets-887010922547?aff=oddtdtcreator

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Nairobi Stock Exchange has of recent few months been the leader in the African stock Exchange market. This is due to the strengning of the Kenya shilling to US Dollar.

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On of the biggest networking events in Africa that is the CEO connect Forum Kenya, by Shared Value Africa has been shifted to a later date. This decision is in support to ongoing peaceful youth protest across Kenya.

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Internet connectivity in Kenya 🇰🇪 continues to expand, following recent entry of Starlink into Kenyan market.So many people are opting to satellite Internet that's more reliable.The Starlink’s expansion in Kenya comes as the country faces challenges with traditional internet infrastructure, including disruptions caused by damage to undersea cables. The satellite-based service offers an alternative that is not dependent on ground-based infrastructure.

The company’s 50GB package at 1,300 Kenyan shillings per month is positioned to compete with comparable offerings from major telecommunications companies like Safaricom and Airtel. However, Starlink’s potential resistance to local internet restrictions could give it a unique advantage in the market.

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Shared Value is now in Nigeria, what an opportunity in West Africa to grow your business with profit and purpose.

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Mombasa port bypassed its main Eastern African competitors, Djibouti and Dar es Salaam, in the latest World Bank global ports index over ship delays and non-tariff barriers.

According to the newly released Container Port Performance Index (CPPI) 2023, increasing business bottlenecks in the Djibouti port, a facility touted as the region’s maritime hub, resulted in a drastic drop from position 26 in 2022 to 379 in 2023.

The port of Dar es Salaam dropped 55 places from 312 to 367, blamed on inefficiencies.

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Fintechs are steadily encroaching on traditional banking. A study that was done by McKinsey found that in 2022, 35% of SMEs in the US and 20% in Asia considered using fintechs for business funding, better pricing, and integration with their existing platforms.The same study found that emerging markets like SA are expected to play an outsized role in the growth of fintechs in the coming years.

Lula (formerly called Lulalend) is one of a crop of SA fintechs tackling a market neglected by the banks – business funding for SMEs.It takes just minutes to apply for up to R5 million in business funding in the form of a revolving capital facility or a capital advance. 🇿🇦 🇿🇦 🇿🇦

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