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May 23, 2024 | 
africauncensored.online | Morris Kiruga |Africa Uncensored
By Morris KirugaIn November 1999, Dr Margaret Ogola, a renowned Kenyan author and paediatrician, walked onto a podium in Geneva, Switzerland. She was there to receive an award, the World Congress of Families (WCF) Award for Humanitarian Service, at the WCF’s second congress. Dressed in a white dress and a white doek, Dr Ogola gave an acceptance speech that was part history and part analysis.
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Jan 26, 2024 | 
restofworld.org | Morris Kiruga |Nilesh Christopher |Sekinat Motunrayo Ojeniyi |Olatunji Olaigbe
This lending app publicly shames you when you’re late on loan paymentOkash, a popular fintech app in Kenya and Nigeria, threatens users to notify everyone on their contact list when you fall behind on your loan payments.
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Jan 18, 2024 | 
shorturl.at | Morris Kiruga
The African Development Bank (AfDB) is set to invest USD 10.50MN in Seedstars Africa Ventures S.L.P. venture capital fund, after the bank’s board approved the decision on Wednesday Jan 17th. Seedstars Africa Ventures (SAV), headquartered in Nairobi and Paris, is an early-stage generalist venture capital fund investing in high-growth companies. The AfDB will invest USD 7 million from its ordinary resources and USD 3.5 million from the European Union Boost Africa programme.
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Jan 10, 2024 | 
kenyanwallstreet.com | Morris Kiruga
The Ugandan government has tabled an amendment to its health and safety laws that will require all employers to institute healthy and safety measures in the workplace. Under the current law, enacted in 2006, only employers with “at least twenty employees at a workplace” are required to have such measures in place. Under the proposed law, all employers will be required to establish a committee to develop and implement occupational safety and health workplace policy.
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Jan 9, 2024 | 
kenyanwallstreet.com | Morris Kiruga
A month after it received the first batch of 1 million barrels of crude oil, the Dangote Refinery has received its sixth similar consignment, marking the target needed to commence operations by the world’s largest single-train refinery. In early December, the refinery received the first one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO). Since then, Dangote Refinery has been receiving, in batches, one million barrels of crude oil.
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Jan 5, 2024 | 
kenyanwallstreet.com | Morris Kiruga
Twiga Foods co-founder and CEO Peter Njonjo has quit the company’s board barely a month after the company announced he would be taking a sabbatical. In mid-December, the B2B marketplace platform announced that Njonjo would be going on a 6-month sabbatical. It has since become clear that it was in fact an exit, with a timeline of 6 months to give the board time to select a new CEO.
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Jan 4, 2024 | 
kenyanwallstreet.com | Morris Kiruga
Akshay Grover, who replaced co-founder Ken Njoroge as Cellulant CEO in 2021, is leaving the company, the pan-African payment gateway firm has announced. Grover initially joined the firm as Chief Financial Officer in 2021, and was appointed CEO in the same year. Co-founder Ken Njoroge had held the position for almost two decades. The current CFO, Peter O’Toole, will oversee the organisation’s operations as Acting CEO.
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Jan 4, 2024 | 
shorturl.at | Morris Kiruga
Akshay Grover, who replaced co-founder Ken Njoroge as Cellulant CEO in 2021, is leaving the company, the pan-African payment gateway firm has announced. Grover initially joined the firm as Chief Financial Officer in 2021, and was appointed CEO in the same year. Co-founder Ken Njoroge had held the position for almost two decades. The current CFO, Peter O’Toole, will oversee the organisation’s operations as Acting CEO.
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Dec 27, 2023 | 
kenyanwallstreet.com | Jackson Okoth |Morris Kiruga
Top sector highlights of events that captured the attention of readers in Kenya’s business landscape, as covered by The Kenyan Wallstreet’s newsroom, provide unparalleled insight into the key trends and challenges that shaped the business and financial markets in Kenya in 2023. Here are some of our top stories that attracted the most attention from our readers in 2023.
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Dec 22, 2023 | 
kenyanwallstreet.com | Morris Kiruga
Two of Africa’s most prominent e-commerce companies, Wasoko and MaxAB, announced today that they have signed preliminary merger terms to create a combined entity to drive the transformation of Africa’s informal retail sector. This merger-of-equals will bolster the growth and development of the e-commerce pioneers to establish the most successful digital retail platform on the continent. Merger marks the largest of its kind in the tech sector on the continent in recent times.
