Amethis sells its stake in Naivas to Mauritius investor IBL Group
Africa Business Communities
Source: africabusinesscommunities.com
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Meta says Kenyan court has no jurisdiction to determine case against it, wants it thrown out – TechCrunch
A suit was filed last month against Meta and Sama, its main subcontractor for content moderation in Africa, over claims of exploitation and union busting.
Source: techcrunch.com
Oliver Fowler has been appointed as the new Board Chair of I&M bank
Oliver Fowler has been appointed as the new Board Chair of I&M bank Shares I&M Bank has announced the retirement of Mr. Suresh Bhagwanji Raja (SBR) Shah, its Founder and Chairman since 1974. Mr. Suresh has been subsequently succeeded by Mr. Oliver Fowler to serve as the new Chairman effective March 2021. A statement from the bank said Shah will continue to remain on the Board as a Non-Executive Director. With a carrer spanning 47 years as a banker, Mr. SBR Shah has led the Financial Services provider through its myriad of milestones such as acquisitions of Biashara Bank, Giro Bank, and Youjay...
Source: hapakenya.com
Norwegian investment in Kenyan renewable scheme
Norwegian investment in Kenyan renewable scheme Published by: Andrew Mizner at 05/02/2021 A Kenyan solar energy supply project has received extra financing through Norfund. A Kenyan solar energy supply project has received extra financing through Norfund. Norway’s development finance institution has provided financing to a Kenyan off-grid solar energy development project. Norfund expanded the receivable finance facility held by the financing vehicle Brighter Life Kenya 1 (BLK1), taking the t...
Source: iclg.com