Kenya ICT Week and KUZA Awards Unite to Champion Innovation and Sustainability in Digital Sector

Nairobi, Kenya 17th April 2024

In a strategic alignment aimed at elevating the digital landscape in Kenya, the forthcoming 7th edition of the KUZA Awards will merge with the prestigious Kenya ICT Week. This amalgamation, announced amidst anticipation within the tech community, signifies a unified effort to spotlight innovation and sustainability in the country’s digital sphere. Sc

Scheduled at the tail end of  Kenya ICT Week, the KUZA Awards will adopt the theme of “Innovation for a Sustainable Digital Future.” This thematic focus underscores the pressing need to harness technological advancements while ensuring long-term environmental and social sustainability.

The fusion brings together an impressive array of award categories, reflecting the multifaceted nature of the digital sector. From acknowledging excellence in Broadcast Regulatory Compliance and Subscription Management Services to honoring pioneers in Cybersecurity and Green ICT, the awards encompass critical facets of the industry’s evolution.During the launch, the Corporate Director at the Communications Authority M Christopher Wambua underscored the significance of this collaborative initiative. By integrating the Kenya ICT Week with the esteemed KUZA Awards, the event aims to amplify the spotlight on Kenya’s technological achievements while fostering collaboration and knowledge exchange among industry stakeholders.

Of notable mention are specialized recognition categories such as the Lifetime Achievement Award, designed to honor individuals whose contributions have left an indelible mark on the tech landscape. Additionally, the awards will spotlight initiatives dedicated to Child Online Protection and Women in Tech, underscoring the importance of inclusivity and diversity in driving innovation forward.As the digital arena continues to evolve, initiatives like the amalgamation of the Kenya ICT Week and the KUZA Awards serve as catalysts for progress. Through this unified platform, stakeholders are poised to celebrate achievements, share insights, and chart a course towards a future characterized by innovation, sustainability, and inclusivity.

Kenya Airways Expands Horizons with New Route to Maputo, Mozambique

KQ’s Latest Expansion Paves the Way for Enhanced Connectivity and Travel Experiences

Nairobi, 8th April 2024 – Kenya Airways (KQ) is embarking on a new chapter of growth and connectivity as it announces the launch of its latest route, connecting Nairobi directly to the bustling city of Maputo, Mozambique. Set to take flight from 14th June 2024, this strategic expansion underscores KQ’s unwavering commitment to bridging East and Southern Africa while enriching travel experiences across the continent.

Julius Thairu, Chief Commercial and Customer Officer at Kenya Airways, expressed excitement about the new venture, stating, “The demand for air travel is soaring, and we’re determined to meet it by expanding our reach and fostering connections between Africa’s rich cultures and thriving economies. The addition of Maputo to our network strengthens ties between Kenya and Mozambique, opening doors for increased trade, tourism, and cultural exchange.”

Maputo, renowned as a major trade hub in Southern Africa, beckons visitors with its vibrant tapestry of history and culture. From its Portuguese colonial architecture to its bustling markets and burgeoning art scene, the city offers a captivating blend of old-world charm and contemporary allure. Whether seeking relaxation on pristine beaches or immersion in local arts and cuisine, Maputo promises an unforgettable experience for travelers.

Commencing 14th June, Kenya Airways will operate three weekly flights to Maputo, providing travelers with convenient access to this dynamic city. With flights scheduled for Wednesdays, Fridays, and Sundays, passengers can look forward to flexible travel options that cater to their itineraries.

The schedule for the Nairobi-Maputo route is as follows:

• Nairobi to Maputo: Flight KQ740 departing at 0950hrs (local time) and arriving at 1300hrs (local time) on Wednesdays, Fridays, and Sundays.
• Maputo to Nairobi: Flight KQ741 departing at 1350hrs (local time) and arriving at 1845hrs (local time) on Wednesdays, Fridays, and Sundays.

This expansion aligns with Kenya Airways’ broader network strategy for FY2024, which includes increased frequencies to popular destinations such as New York, Paris, Lagos, Accra, and Freetown. Moreover, the new route not only serves travelers originating in Kenya but also serves as a convenient connecting point for passengers from other African cities via Nairobi, further enhancing regional connectivity.

With a steadfast commitment to “propelling Africa’s growth,” Kenya Airways continues to strengthen connections across the continent, fostering economic opportunities and enriching travel experiences for all. As the airline expands its footprint, it remains dedicated to delivering world-class service and connectivity, ensuring seamless journeys for passengers across Africa and beyond.

Apptivate Africa and Dime Credit Collaborate to Enhance Employee Financial Wellness Through Salary Advance Program

Nairobi, Kenya 25th January 2024

Apptivate Africa, a leader in innovative workplace solutions, has entered into a strategic partnership with Dime Credit, a distinguished financial services provider. This partnership aims to introduce a revolutionary employee benefit program, empowering workers with convenient access to salary advances on behalf of their employers.

Following the escalating cost of living, and according to recent surveys, over 68% of employees report experiencing financial stress, impacting their overall well-being and productivity, hence there is a rising demand for employer-supported financial solutions, with over 80% of employees expressing interest in salary advance programs. 

The collaboration between Apptivate Africa and Dime Credit signifies a strategic alliance aimed at addressing the financial well-being of employees. This program will provide employees with a seamless process to access salary advances, helping bridge financial gaps and promote stability.

“We are delighted to join forces with Dime Credit to launch this transformative employee benefit program. These statistics underline the critical need for accessible financial solutions, and through this collaboration, we aim to make a meaningful impact on the lives of employees,” said Neil Ribeiro, CEO, Apptivate Africa.

Apptivate Africa is committed to redefining the employee experience by offering cutting-edge workplace solutions. With a focus on enhancing financial well-being, Apptivate Africa consistently seeks impactful partnerships to bring valuable benefits to the workforce.

“Dime Credit is excited to partner with Apptivate Africa to address the growing demand for employee-focused financial solutions. These statistics underscore the urgency of providing accessible salary advances, contributing to a financially empowered workforce,” added Fernandes- Director, Dime.

Dime Credit is a trusted financial institution known for its dedication to providing accessible and flexible financial solutions. Aligned with Apptivate Africa’s vision for a financially resilient workforce, Dime Credit brings expertise and reliability to the partnership.

Key Features and Statistics of the Program:

Convenience: Over 90% of surveyed employees expressed a preference for convenient and digital solutions for accessing financial benefits. The program offers a user-friendly platform integrated into the Apptivate Africa ecosystem.

Swift Processing: The streamlined application process ensures quick approval and disbursement of funds, with 85% of advances processed within 24 hours.

Transparent Terms: Transparency is a cornerstone of the program, with 95% of surveyed employees expressing the importance of clear terms and conditions for financial benefits.

BUSINESS LEADERS SEEN AS UNIFYING FORCE FOR KENYAN POPULATION

With Kenyans placing trust in their employers, business leaders are faced with greater societal expectations which must be met if they are to remain relevant.

May 23, 2023 – Kenya – NGO and Business are the most trusted institutions in Kenya, and teachers, NGO leaders and business leaders are seen as a unifying force for a population increasingly grappling with personal economic fears relating to unemployment and higher costs of living, says the 2023 Edelman Trust Barometer.

According to the report, NGOs, business, and media are all seen as competent and ethical institutions. Trust in one’s employer (among employees) matched trust in NGOs across the general population, both growing by three percentage points year-on-year to 76%.

This becomes increasingly relevant when taken in the context of economic optimism collapsing around the world, with 24 of 28 countries surveyed seeing all-time lows in the number of people who think their families will be better off in five years. In Kenya, this figure saw a year-over-year double-digit decline (11pts), although 80% remain optimistic.

“As one of the most trusted institutions, NGO’s holds the mantle of greater societal expectation and responsibility. This comes during a climate of greater economic uncertainty, which can be both a driver and outcome of polarization. Furthermore, businesses leaders must leverage their comparative advantage to inform debate and deliver solutions to societal challenges,” said Corazon Sefu Wandimi, Managing Director, Edelman Kenya.

More than three-quarters of Kenyans surveyed believed that CEOs are obligated to hold divisive forces in society accountable by defending facts and exposing questionable science used to justify bad social policies (82%); pulling advertising revenues from platforms that spread misinformation (76%); and Kenyans surveyed say companies could strengthen the social fabric by supporting politicians and media outlets that build consensus and cooperation (on average 76%).

The onus has also been placed on CEOs to improve economic optimism by remunerating workers with a just wage, ensuring their local communities are safe and thriving, paying fair corporate taxes, and retraining or upskilling employees. Most Kenyans expect CEOs to take a public stand on prominent issues including the treatment of employees, discrimination, the wealth gap, climate change, and immigration.

But businesses are falling short of this mandate.

Most Kenyans feel businesses are not doing enough to publicly address pertinent societal issues like climate change, access to healthcare, economic inequality, and energy shortages. This puts business at risk of losing the trust of consumers and employees, especially when considering that globally 63% of respondents said they buy or advocate for brands based on their beliefs and values and on average globally 69% of employees agreed that a company’s societal impact is a strong determinant when taking a job.

“Business leaders are often risk averse and will shy away from addressing societal issues in fear of being perceived as politicized. However, 65% of Kenyans agree that this would not be the case and business can avoid this fate by remaining a trustworthy source of information, not aligning with a particular party, refusing to bend to political pressure, basing their actions on science, and acting on consistent values over time. This is where communication campaigns based off advocacy and actions become key to sustaining relationships now and into the future,” Wandimi said.

Other key findings for Kenya from the 2023 Edelman Trust Barometer include:

Scientists are the most trusted group of people in Kenya followed by coworkers and my CEO.
Search engines (75%) and traditional media (67%) are the only trusted news sources in Kenya.
Kenya has the highest percentage of respondents (83%) of all 28 countries surveyed who agree that brands celebrating what brings us together and emphasizing our common interest would strengthen the social fabric in the country.
On average, 58% of Kenyans believe that the best societal outcomes will emerge when businesses work in partnership with government.
40% of Kenyans believe the country is more divided today than in the past.

Air France – KLM Group Outlines Its 2023 Strategy, Sets Sight on Increased Traveler Traffic

· In Kenya, the airline is projected to register 19 percent more seats than in 2022. The expected growth is attributed to increased business travel post the August 2022 general elections.

· New Regional General Manager exhibits confidence in Nairobi’s ability to support Air France-KLM operations by providing a stable and developing business climate and regional connectivity.

Nairobi, Kenya, 24 February 2023…. Air France KLM Group has today announced a raft of measures aimed at solidifying its position in the East African Market and meeting the fast-changing consumer needs.

This comes after a challenging pandemic season that saw air travel falling sharply prompting airlines to cut capacity.

Speaking while outlining the new measures, the new Air France – KLM General Manager, East & Southern Africa, Nigeria, and Ghana, based in Nairobi Marius van der Ham said, “For 2023 we aim to capitalize on the gains made in 2022 to further solidify our position in the East Africa market. This means we will improve our products and services, review our fare structure to match consumer needs, improve our loyalty program, and continuously improve our airport experience by providing our customers with great support both at our departure and arrival stations”.

As of 2022, at least 85 percent of the airline’s capacity in the market was restored against the backdrop of the gradual lifting of the Covid-19 restrictions on passengers. The contribution of corporate travelers sat at 75 percent for the region versus 2019 while in Kenya the contribution was 95 percent, and 16 percent more in Tanzania, consequently showing an above average recovery of this segment.

Looking into 2023, Air France KLM Group projects that it will register at least 16 percent more seats than in 2022 in terms of capacity in EA, SA, Nigeria, and Ghana. This is back to the 2019 level when the pandemic hit the aviation sector.

In Kenya, the airline is projected to register 19 percent more seats than in 2022. This return to the pre pandemic ambition is attributed to increased business travel post the August 2022 general elections and renewed interest in Kenya as a destination.

“Kenya and the region remain a top priority of our network and we shall continue to provide a high-frequency network with updated products and services to connect Kenya to the world via our two hubs Charles De Gaulle – CDG and Schiphol. Besides, we will continue to apply our double hub strategy to offer more choice and flexibility to our customers” said Marius van der Ham

Regionally, Air France KLM is set to expand its frequency by introducing new routes in the year. This is in addition to an already established network of KLM flights into Uganda and Rwanda.

Over and beyond expanding routes, Air France-KLM has announced ongoing plans to incorporate sustainability and reduce the airline’s carbon footprint in 2023. The objective is to achieve 30 percent fewer emissions per passenger/km by 2030 versus 2019, have 10 percent of Sustainable Aviation Fuel (SAF) as its power source, and 64 percent of the fleet consisting of NextGen aircraft.

“We have already engaged in an ambitious fleet renewal program focused on the Dreamliner and A350 for our long-haul network and the modern A220, A320 neo, and Embraer aircraft types for our short-haul operation,” said Marius van der Ham

On new products and services, the group recently rolled out a new solution aimed at providing a real-time and seamless end-to-end travel experience for travelers.

Dubbed Business Solution – the online portal is designed to offer travelers relevant travel information from policies and procedures, to the airline’s products and services, the latest news, waiver requests, and network updates. The solution replaces AgentConnect.biz.

In addition, Air France – KLM outlined ongoing measures to improve its Flying Blue loyalty program and increase its usability both for earning and burning customer miles. This will be complemented by the implementation of branded fare structure that provides customers with more choice on what elements they value in their ticket which is a more basic product for price-sensitive customers while the fully flexible fare for customers in need of more options. All fares can be customized by adding extra products or services like baggage, CO2 compensation, meals, etcetera.

LANDLORDS AND TENANTS LOBBY OPPOSE INCREASE OF LAND RATES IN NAIROBI

By Clive Ayuko

30th December 2022

The Landlords and Tenants Lobby, the Landlords and Tenants Association of Kenya LATAK has come out to oppose the increase in land rates by the Nairobi country Government.

Speaking during a press conference at a Nairobi Hotel today after the lobby led by Secretary General of the outfit Mr Ben Liyayi the group condemned the decision by the Governor of Nairobi Hon Johnstone Sakaja in a public pronouncement on 17th November 2022 to increase land rates without engaging in a public participation process adding that it had filed a petition in the high court petition No ELCPET/E063/2022 with a ruling expected in 17th January 2023.

Nairobi Garage Opens Hub in Nairobi’s CBD on New Business Demand

Nairobi, Kenya 7th September 2022

Nairobi Garage Hub opens 12,000 sq feet in 20th Century Plaza of high-quality, competitive-rent, serviced
workspace, on demand from new-style businesses keen for network and prestige.
The two-floor business hub on Mama Ngina Street in Nairobi’s
Central Business District, will come in handy as the district’s renewal and planned fast-access transport links spur
demand from new kinds of businesses seeking stylish and versatile workspace.
The hub is the fifth location for Nairobi Garage and is being opened in response to rising requests
for modern workspace within the city’s business heart. “We have seen a rise in requests for the
CBD even from our current client base. Our clients have unlimited access across all our locations
so this is an exciting opportunity for us to take on so that we stay current and provide
comprehensive business solutions,” said the Director of Nairobi Garage, Hannah Clifford.
The surging interest follows a series of investments in the city centre, which had previously
suffered a marked decline. Many large businesses had moved away to areas such as Upper Hill
and Westlands. However, the district’s character is now shifting. CBD has seen a flurry of
developments, a public face lift and new footpaths, the commissioning of a 21st
-Century central
rail station, and the announcement of new exit links from the city’s high-speed Expressway.
“A CBD that is, once again, open, elegant, and rapid-to-access, offers an unequalled proposition
as the country’s largest commercial concentration, but also requires new types of workspaces.
There is little interest in the old, small, cranky workspaces that characterised the centre in recent
years. The new businesses moving to the centre of the city want premium space at competitive
prices,” said Hannah.
For those working in the city centre, the abundance of eateries, restaurants, cafes, and services
for professionals, who may only have lunch hours to run errands, add to the district’s advantages.
But the district’s abiding strength is its location.
“CBD’s central position, alongside government and some of our finest education facilities, offers
unique advantages. Moreover, for professionals in Mombasa Road, Upper Hill and Westlands are
much harder to reach. For all these reasons, a revitalised CBD is already capturing new attention
and interest,” said Nairobi Garage CEO, Luna Ruffo.
Nairobi Garage provides workspace and meeting rooms to many multinationals, Tier 1 businesses
and individual consultants at its four existing hubs. This mix helps businesses establish new business networks, while the hub provides a complete workspace service, from presentation
facilities to kitchens, reception services, and business support.
“In reviewing the greatest strategic opportunity for expansion, we are in no doubt that the CBD
Renaissance now underway has created a perfect opportunity for hosted workspaces with the
kind of connections and prestige that Nairobi Garage offers,” said Sharon Ngugi, Marketing
Manager, Nairobi Garage.

TECHNOLOGY AS LEVELLER FOR BUSINESS GROWTH PROSPECTS

Opinion Editorial by Veerakumar Natarajan, Kenya Country Manager, Zoho Corp.

Kenya, often referred to as Africa’s “Silicon Savannah,” is among the countries at the forefront of technological innovations in the region. The government has invested heavily in the information, communication, and technology (ICT) sector, recognising it as a key contributor to the country’s GDP.

Despite these seemingly positive strides, we still live in a world that’s beset by various inequalities, whether they’re related to income, gender, race, or background. One need not look far to find them.

For instance, in Kenya, more than 8.9 million people live in extreme poverty, with the poverty rate peaking in 2020 when the COVID-19 pandemic disrupted the country’s economy. Meanwhile, the gender pay gap remains a global problem, and, according to a report from the World Economic Forum, the gap is closing so slowly that it’ll take another century to reach parity.

However, policy-driven solutions have been developed to address these inequalities but, while these solutions are necessary, other strategies are often required to push the equality agenda further. One of them is to encourage the adoption of technology-driven solutions at a time when the fourth industrial revolution is changing the landscape of key sectors like manufacturing.

Impact of the rural divide on remote work

The role of technology in addressing inequality has been strongly highlighted by the events of the past two years since the onset of the pandemic. We saw organisations all over the world forced out of their “comfort zones” to adopt remote working models to support the continuation of their operations, as many workers moved from urban areas to smaller towns. This was primarily due to the loss of jobs and pay cuts at the time, and some could no longer afford the high cost of living in the city.

This shifted the scale. Where we had previously seen young and skilled workers relocating to major cities for better opportunities, those workers were now moving back to the countryside. One way of reducing the urban–rural divide is to retain skilled workers who generate income and create employment opportunities. Earlier this year, many companies began recalling their employees to the office on either a full-time or hybrid basis, with others opting to remain fully remote, preferring to remain in smaller towns. At Zoho, we’re building smaller satellite offices to service workers in these areas, which is also a trend other organisations have adopted.

That’s not to say that remote and hybrid work present a panacea to inequality. In fact, some experts fear that it will exacerbate gender inequality—but that’s as much about mindset shifts as anything else. The positive impact of remote work on smaller towns and villages should, nonetheless, act as a powerful reminder of the potential technology has to drive equality.

Does technology help you access more opportunities?

It’s evident that technology can open up opportunities for people who previously wouldn’t have had access to them. With stable internet connectivity and a capable gadget, a worker or a student from a low-income family can access nearly all of the same online resources as their counterparts from urban areas.

Likewise, people with impaired vision have access to support tools like screen readers that help them access similar online resources, while automated closed captioning helps hearing-impaired individuals participate in online conference calls. Despite the availability of such technologies, basic training still needs to be administered to ensure that these different users know how to effectively use the gadgets.

On the business front, technology also acts as an equality driver. For example, by using low-code tools, small businesses can create the kinds of consumer-facing and internal applications that would’ve previously required enterprise-scale budgets to build, most of which are not available to them. They’re then able to access increasingly sophisticated customer relationship management (CRM) tools that they can use to build customer loyalty and drive revenue.

According to the 2017 Economic Survey, an estimated 7.5 million micro, small, and medium enterprises (MSMEs) contribute approximately 40% of the Kenyan GDP. SMEs are, therefore, a key driver of Kenya’s economy and a crucial entry point for examining how digitisation will impact the growth of this sector.

UBER LAUNCHES SERVICES IN KISUMU ELDORET NAKURU AND NAIVASHA

By Clive Ayuko

Nairobi, Kenya 6th August 2022

Technology taxi hailing company Uber has announced that it has launched its services in Kisumu, Eldoret, Nakuru and Naivasha in line with the company’s sub-sahara expansion drive announced by the company in June 2022

Speaking during the announcement at Uber offices along Riverside Drive in Nairobi early today morning Head of East Africa Mr. Imran Manji Said; ” In addition to opening up our services in Kisumu, Nakuru, Eldoret and Naivasha we will also be launching two other products: The Uber Chap Chap Share which is currently available in the Uber application and the Uber Excel (Sharing of upto 6 people) which will be launched on 19th September 2022.

The company also announced that it has embedded new safety features in the app to include: the Trusted contacts feature in which trusted contacts of the rider will be able them to monitor the routes taken by the Uber driver, Verify my ride feature and Ride Check feature ensure the safety and security of its riders

NCBA Group PLC reports a pre-tax profit of KES 11.2 billion in half-year results

Nairobi, August 29^th 2022: NCBA Group PLC has posted a profit before tax of KES 11.2 billion in its half-year results ending June 30^th 2022, which is a 51% increase compared to KES 7.4 billion reported during a similar period last year.

Summary Key Highlights

·       Assets grew to KES 604 Bn, 11% up year on year

Customer deposits closed at KES 468 Bn, 7% up year on year

·       NCBA Group disbursed KES 339 Bn in digital loans, 25% increase year on year

·       Operating income of KES 28.9 Bn, 20 % up year on year

·       Operating profit before loan loss provisions of KES 17.5 Bn, 27% up year on year

·       Provision for credit losses was KES 5.6 Bn, 6% down year on year

·       NPL coverage ratio declined slightly to 62%, from 68% in the same period last year

·       Profit before tax of KES 11.2 Bn, 51% up year on year

·       Profit after tax of KES 7.8 Bn, 67% up  year on year

·       Interim dividend of KES 2 per ordinary share held

 

Commenting on the results, John Gachora, the Group Managing Director of NCBA Group, said the results reflect the outcomes of the strategic actions that the Group has taken to support customers navigate the current macro-economic environment and a confirmation that the merger is bearing the fruits of its promise.

 

“Looking at our results, you will note that we have been deliberate in our effort to drive a diversified business serving a wide spectrum of customers. Our commitment to supporting customers by making it easier for them to access financial solutions underscores our improved Group performance. We have provided an enabling environment for businesses to continue to thrive by increasing our product portfolio and tailoring solutions to suit every customer’s needs especially during this period which experienced challenges from the Russia/Ukraine war and risks emanating from the political calendar. Through our digital banking partnerships (M-Shwari, Fuliza, Mpawa, Mokash and Momokash), we continue to provide much needed financial relief to many families and small businesses,” noted Mr. Gachora.

 

The Group registered a profit after tax of KES 7.8 Bn representing 67% growth up from KES 4.7 Bn in half year 2021. Growth in profitability was attributed to increase in operating income, strong expense management and a decline in impairment charges.  While the Group experienced revenue growth in most areas, non-interest income was particularly strong, thanks to an outperformance in foreign exchange revenues.  Thanks to a strong customer base and the Group’s ability to source, risk manage and supply foreign currency, the Group was the top earner of foreign exchange revenues during the period.  The Group’s retail expansion is also starting to pay off, helping maintain an acceptable cost of funds.

 

NCBA Group launched an ambitious branch expansion agenda last year which has seen it open 18 branches across the region in the last 18 months. This year alone, the Group has opened four branches in Busia, Utawala, Kenol and River Road and plans to open seven more branches by the end of the year.

 

“Opening of these branches creates job opportunities across the country and helps us take our services closer to the people. We believe that this wider distribution network allows us to contribute directly to the country’s economic growth agenda. The retail expansion is supported by continuous review of our products and services to make them more attractive and problem-solving to the communities we serve” said Mr. Gachora.

 

In this regard, the Group rolled out 15 secs pre-conditional approval on asset finance through which customers are able to get indicative approvals within 15 seconds of completing an online application. The program has seen a strong uptake and already over KES 2.5 Bn has been approved through this channel. The Group also launched an 11.9% promotional mortgage campaign to customers that has recorded customer uptake valued at KES 3 Bn. The mortgage campaign will run until the end of October.

 

NCBA also became the first bank to finance electric vehicles as part of its green strategy by injecting KES 2 Bn in asset finance, a move that the lender says will bolster its asset quality and support government’s effort to reduce carbon emissions in the country.

 

Future Outlook

“This period has demonstrated that the strategy that we put in place to ensure that we power and inspire the growth of our customers looking to improve their economic livelihoods is working. We remain focused on supporting our customers’ ambitions as we collectively work towards creating more opportunities for businesses and individuals to thrive,” added Mr. Gachora.

 

While releasing the H1 results, Mr. Gachora emphasized that the Group remains very optimistic with regard to overall macro-economic outlook. For that reason, the Group will continue to invest in the region and it supports the citizens dreams for a prosperous future. He emphasized that with the likely conclusion of the elections in Kenya, the region’s economy is set to benefit from likely transition dividends.

 

The Group remains committed to support the various governments and citizens in their overall growth priorities, Mr. Gachora concluded.