Archive for the ‘Kenya’ category

Watch out M-Pesa. The sudden rise of Tangaza

Dinfin Mulupi talks to Oscar Ikinu, co-founder of Kenya’s fast-growing mobile money platform Tangaza.

Will Konza City become Kenya’s Silicon Valley?

It is hard to escape the images of “Konza City” in Kenya. Advertisements promoting the future high-tech hub, or “technopolis,” appear daily in the country’s newspapers and show regularly on the state television network.

Resilience pays off for two young IT entrepreneurs

At 32 years old, Philip Nyamwaya, the co-founder of Kenya’s Intrepid Data Systems (IDS), marvels at his staff of 17 people. He recalls the time when his fast growing software and mobile payment solutions company could only afford to pay him a salary of around US$50 a month.

Three African countries included in new frontier markets fund

“We have carefully selected the main frontier markets where we see exponential growth in all areas of economic, political and social activity.”

Gas company sees opportunity in Kenya’s ‘kadogo’ economy

“Many multinationals for a long time assumed that the people at the base of the pyramid cannot be served and that they are not a viable market.”

Peter Murimi’s journey from IT technician to successful flower farmer

In 2002 Peter Murimi completed a diploma in IT and, like many young Kenyans, was determined to land an office job. However, a five month job stint altered his life’s trajectory.

Kenya’s John Waibochi speaks about living on the knife-edge of innovation

Regina Ekiru speaks to John Waibochi, one of Kenya’s foremost tech entrepreneurs.

Is there oil in Kenya?

Kenya hopes a commercial discovery will be made in the near future as the country has geological features similar to those of areas where crude oil was found in Uganda and natural gas is being exploited in Tanzania.

Tycoon Chris Kirubi wants to be a mentor to young Kenyans

Kenyan businessman Chris Kirubi wants to be a mentor to the country’s young people.

Kenya’s political risk casts a dark cloud over region’s economic prospects

On Friday last week, Kenya’s High Court declined to give a definite date for the country’s next elections, placing the task in the hands of President Kibaki and Prime Minister Raila Odinga.

Kenya becoming a hub for Asian investment into Africa

“Kenya is very attractive to us because it’s on the east coast of the continent, and attractive position as a centre for India’s and China’s investment and interests in Africa.”

IBM targeting Africa’s banks for new business

US-based technology firm IBM has significantly expanded its African footprint over the past three years.

African entrepreneurs can have a global impact, says Richard Branson

“I’m sure African entrepreneurs can make global impact. Having made money in Africa, African entrepreneurs can then go to address global issues.”

Kenyan banks move to cushion borrowers and avert loan defaults

Earlier this week, the Kenya Bankers’ Association released a statement detailing a set of initiatives designed to avert possible bank loan defaults on the back of spiking interest rates.

From humble beginnings to a $50m petroleum company

Regina Ekiru speaks to Ahmed Hashi about how he built Hashi Energy into a $50 million business.