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Kenya

World Bank Announces Agritech Challenge Aimed At Inspiring Innovation In Kenya

By Peter Pedroncelli

The World Bank and venture capital firm Nest have announced a call for applications for the AgriTech Challenge 2017 in Kenya. The initiative is the first open innovation program of its kind in Kenya, and it is aimed at connecting promising startups and innovators with one of the region’s leading agribusiness corporates. The AgriTech Challenge, which is sponsored by the World Bank, aims to spur collaborative innovation within the agricultural sector in Kenya. It forms part of a program to test open innovation mechanisms in the country for a potential future scale up by the government of Kenya, according to KenyaNews. Starting in August this year, high-calibre teams of innovators and entrepreneurs will work closely with agribusiness industry veterans to conceptualise and co-develop solutions around some of the most pressing challenges in the local value chains.

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Tracy Mulei, a Kenyan logistics entrepreneur providing customers with a new approach to delivery services

Finding the gap in a key marketplace is always a positive factor when starting a new business, and for Kenyan entrepreneur Tracy Mulei, founder of Shujaa Delivery, this gap came in the form of specialist courier services. Today her company is bringing a much needed delivery service to Nairobi’s business and consumer community.

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Kenya: Six Women Make History as First Governors and Senators

Six women were on the verge of making political history on Wednesday after they were elected to key seats that evaded female politicians in the last elections. Outgoing National Assembly Deputy Speaker and Bomet MP Joyce Laboso, and former Cabinet secretaries Anne Waiguru and Charity Ngilu were headed to become the first women governors  in the country. Ms Ngilu, who also served in President Mwai Kibaki’s government, was on Wednesday basking in the glory of surmounting great political odds to clinch the Kitui gubernatorial seat.

The veteran politician was set to beat two political giants; Kitui Senator David Musila and incumbent Julius Malombe, after opening a 50,000 vote lead. It will be sweet victory for the Narc Party leader in two ways: Ms Ngilu will not just revive her career that suffered a setback after she lost Kitui senatorial contest in 2013 and her subsequent sacking from the Cabinet, but she also managed to dislodge the dominant Wiper Party from Kitui County politics.

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Alibaba Founder Considering Investment In Kenya After Impressive Visit

By Peter Pedroncelli

Chinese e-commerce tycoon Jack Ma has been impressed with his two-day visit to Kenya, and the Alibaba founder admits that he will be considering making investments in the country. Asia’s richest man traveled to the country on his first visit to Africa, along with a delegation of China’s richest billionaires including internet tycoon Bob Xu, founder and chairman of Mengniu Dairy, Niu Gensheng, real estate tycoon Huang Youlong, and Alibaba founding partner Lucy Peng, according to ITNewsAfrica. Ma made numerous appearances during the two days, speaking with young entrepreneurs on a few occasions while also addressing hundreds of senior executives from the East African nation in a large ballroom at a five-star hotel.

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