Kenyan Gospel Star Launches Mobile Service Provider
Tomorrow, Gospel singer SK Blue will launch an SMS service for his company, Sakata Media. Dubbed Sakata Mobi, it is working as a premium rate service provider that provides recorded information for subscribers of a network or live conversation for callers.
These services will be channelled through SMS short codes or special numbers leased by network operators to PRS providers.They can also be used for short-term promotions or campaigns.
Read more: Kenyan Gospel Star Launches Mobile Service Provider
Co-Operative Bank Signs Sh5 Billion Deal to Boost SMEs
Cooperative Bank has signed a Sh5.1 billion ($61 million) loan agreement with the International Finance Corporation (IFC) to increase its credit to Small and Medium Enterprises in the country.
The bank’s Managing Director Gideon Muriuki said the loan which has a tenure of seven years will also be used to support agriculture projects.
Read more: Co-Operative Bank Signs Sh5 Billion Deal to Boost SMEs
Kenya: World Bank Gives Kenya U.S. $40 Million
Arusha – The World Bank has approved a total of $40m to support Kenya’s public-private partnership project an official of the bank has said.
“Kenya’s public private partnership project (PPP) is being supported by $40m infrastructure finance that was approved by the bank recently in Washington DC,
Kenya: National Airline Buys Embraers for Africa Expansion
KENYA Airways is targeting the under-served markets in Africa to boost its growth through the use of mid range aircraft, it said on Thursday.
Kenya Airways has ordered for several Embraer jets that it said are suited to regional routes with the latest one being delivered on Thursday. The aircraft has a capacity of between 98 to 106 passengers.
Read more: Kenya: National Airline Buys Embraers for Africa Expansion
