HMD Global raises $230 million investment from strategic partners

HMD Global, the home of Nokia phones, has announced that it has successfully closed 230 million USD in the first closing of its current funding round from some of its top global strategic partners. As well as establishing itself as a leading feature phone manufacturer by value[2], HMD Global has been successful in clearly differentiating … More HMD Global raises $230 million investment from strategic partners

LG announces second-quarter 2020 financial results

LG Electronics Inc. (LG) second-quarter 2020 financial results were affected signifi-cantly by the worldwide impact of the pandemic. Consolidated revenue of  USD 10.51 billion was 17.9 percent lower than the same period of 2019, while operating profit of USD 405.65 million declined 24.1 per-cent from last year’s record second-quarter operating income. The resilient company managed … More LG announces second-quarter 2020 financial results

Etihad Airways partners with Manchester City ahead of the English Premier League return

Etihad Airways, together with its partner Manchester City, have unveiled a bespoke match-day jersey in recognition of the global efforts to begin recovery from the impacts of COVID-19. Etihad is dedicating the front of shirt space, ordinarily bearing the Etihad logo, to the ‘Cityzens Giving For Recovery’ campaign, City Football Group and Manchester City’s 12-month … More Etihad Airways partners with Manchester City ahead of the English Premier League return

SAFARICOM LAUNCHES LIPA NA M-PESA BUSINESS APP

Safaricom has today announced a Lipa Na M-PESA Business smartphone app for the more than 170,000 merchants on the service. Named “M-PESA for Business“, it will empower business owners to access real-time statements, export statements, and track their business performance on the go.  Through the app, business owners can further withdraw funds from Lipa Na … More SAFARICOM LAUNCHES LIPA NA M-PESA BUSINESS APP

Safaricom customers redeem 1 billion bonga points in 2 months

Safaricom customers have redeemed more than 1 billion Bonga points in two months through the Bonga For Good Initiative, which came to an end on 4th June 2020. This initiative, which sought to cushion Kenyans against the economic impact of the COVID-19 pandemic, saw over 600,000 customers donate points equivalent to over KES 330 million at … More Safaricom customers redeem 1 billion bonga points in 2 months

Liquid Telecom partners with Twiga Foods to accelerate agricultural transformation in Kenya

Leading pan-African telecoms group Liquid Telecom is today celebrating the partnership with Twiga Foods to increase agricultural productivity through precision farming. This partnership is opening up a new world of opportunities, enabled by Kenya’s rapidly expanding Internet of Things (IoT) network. Liquid Telecom has deployed a complete precision agriculture IoT system to improve farm productivity … More Liquid Telecom partners with Twiga Foods to accelerate agricultural transformation in Kenya

Carrefour steps up with eighth store in Kenya

Carrefour, which is operated by Majid Al Futtaim in Kenya, will tomorrow officially open Carrefour’s eighth store in Nairobi, Kenya. Located at the Mega Shopping Mall along Uhuru Highway, the new hypermarket destination promises an unrivalled shopping experience, and a wide range of quality and value-for-money products under one roof.   The new two-floored Carrefour has … More Carrefour steps up with eighth store in Kenya

Safaricom closes shop in Nairobi and Mombasa, temporarily

As we are all aware, Kenya and indeed the World is still contending with the health risk posed to our population by Covid-19 pandemic. Safaricom continues to take proactive and preventative measures to safeguard the health and wellbeing of their staff and customers. In line with this, Safaricom Shops in Nyali and Rex House both … More Safaricom closes shop in Nairobi and Mombasa, temporarily

Emirates resumes scheduled Cargo flights to Eldoret International Airport

Emirates SkyCargo, the freight division of Emirates has announced the resumption of its scheduled cargo services to Eldoret. The route will be served by Emirates’ Boeing 777-300ER aircraft, twice a week, this is in addition to the airline’s passenger freighter service to Nairobi. Emirates Cargo Manager, East Africa, Mr. Saeed Abdulla, said that Eldoret is … More Emirates resumes scheduled Cargo flights to Eldoret International Airport