Author: Editor

By BBC News A University of Brighton student has won a grant to build a nightclub and music studio in his native Kenya. Jesse Mugambi graduated with a degree in architecture and is now studying for a master’s degree in sustainable design at the university’s Moulsecoomb campus. The project, called Studio Can-V, will receive €50,000 (£39,000) from Jägermeister to help fund the venues, made from decommissioned shipping containers in Nairobi. “Having faced challenges in pursuing my own passion for music, I’m driven by the belief that there are countless young and old people longing for opportunities to explore their musical…

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Russian ambassador to Addis Ababa Yevgeny Teryokhin said Russia supplies Ethiopia with petroleum products, machinery, automotive parts, rolled metal products, timber products and other goods Russian companies are ready to explore opportunities for setting up production lines in Ethiopia, including for making cars, Russian ambassador to Addis Ababa Yevgeny Teryokhin, told TASS news agency. “Russian companies are ready to consider opportunities for partial localization of their production in Ethiopia, for example, in the automotive industry,” he said. The diplomat added that Russia supplies Ethiopia with petroleum products, machinery, automotive parts, rolled metal products, timber products and other goods. Ethiopia exports…

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In 12 years, PrideInn Hotels and Resorts has grown from one hotel with 28 rooms to eight in five counties, with over 900 rooms and conference capacities of more than 15,000 people. A journey that could be easily described as ‘too good to be true’, having been started by 27-year-old Hasnain Noorani in 2011.

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Social media has been identified as an effective tool for expanding financial inclusion among Kenyans, especially the youth. Equity Bank Chairman and CEO, James Mwangi, said in his office when he received the Olx Social Media Awards (SOMA) trophy after Equity Bank Kenya was voted the winner of the Financial Services Award under the Social Corporate Category (November 2015), that social networks have the potential of empowering the youth economically by enhancing their access to financial products and services. Dr Mwangi said social media has established strong links to how people use their money and can be exploited by the…

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It might have seemed like a good idea. After all the team had gotten off to poor start by losing its first three games, the coach asked that a huge stump be installed in the players locker room. Under the slogan, “Keep on Chopping” the coach invited players to take turns whacking at the stump. During a team meeting for everyone except special teamers, the punter decided to try his hand at the stump by himself. Unfortunately, his foot got in the way. The coach admitted the ploy was a good one; the team had won one game. The punter…

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BY LEONARD WANYAMA Involvement of the business community in service delivery matters is increasingly popular in current development discussions. This is on account of the envisioned opportunity to tap into the sector’s resources in the achievement of prosperity and growth. Using the mechanism of Public Private Partnerships (PPP), the involvement of the private sector promises to reduce costs, provide higher public satisfaction and improve competition in the provision of public goods. That is why even the Africa Union’s Program for Infrastructure Development in Africa (PIDA) PPPs feature prominently. PIDA sees this mechanism as the means by which it can radically…

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BY DIGITAL SHADOWS ANALYST TEAM On May 12, 2017, as the WannaCry ransomware spread across computer networks across the world, a variety of explanations also began to worm their way through the information security community. Who was responsible for the WannaCry campaign? And what was the objective? Ransomware said it was the work of cybercriminals, although, given the sheer scale of infections and disruption, some commentators suspected the hand of a nation state. Despite relentless analysis from the security research community that has brought fragments of new information to the fore, no consensus has yet been reached on an attribution…

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BY PETER WANYONYI Bitcoin is in the news everywhere. The cryptocurrency skyrocketed in value as 2017 came to a close: as this article went to press in January 10, 2018, the exchange rate was closing in on $20,000 for one Bitcoin. It’s so insane that it has been labelled the latest “tuplimania”, a reference to the period in the 17th Century when tulips – yes, the flowers – briefly became the most valuable commodity in the Netherlands, fuelling a speculative bubble that came crashing down in early 1637. Many are predicting a dramatic crash for Bitcoin, something that’s happened a…

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