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Sports gaming company SportPesa is in the finalists’ list of UK Football Business Awards set to take place in London on Thursday. The awards held annually recognise and reward organisations that support football off the pitch. The shortlist of 97 includes English Premier League clubs, various charities, media companies, hospitality companies and gaming firms. SportPesa […]

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Nairobi-based Direct Pay Online Group (DPO) has received a second investment of $5 million (Sh500 million) from UK-based private equity fund Apis Partners. The firm, which processes merchant payments, mobile money and e-wallets, was established in 2006 and has since expanded in the region. This investment follows the initial $10 million (Sh1.03 billion) investment made […]

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Kenyan farmers are set to enjoy a bigger market share after the European Union committed to cut agricultural export subsidies by end of January in line with a World Trade Organisation (WTO) landmark decision passed in Nairobi. Export subsidies refer to an array of credit and guarantee schemes extended to EU traders to make their […]

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Finnish energy giant Wartsila is seeking to convert Kenya’s expensive thermal power plants to gas-fired power stations aimed at cutting electricity tariffs by half. The company wants to make thermal power investors switch to cheaper natural gas with the government’s support that would push down tariffs for diesel-generated electricity from Sh20 per kilowatt hour (kWh) […]

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Coffee farmers are set to benefit from Sh103 billion ($1 billion) partnership deal between Dutch Rabobank and Unep aimed at raising production, processing, volumes and quality of produce.   The multinational headquartered in Utrecht, Netherlands, Tuesday said the grant is a three-year initiative pushing for a more sustainable food and agricultural sector. “This new kick-start […]

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