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HomeDaily NewsMonday, June 23, 2025Funding for Clean Cooking Initiatives and Cryptocurrency Moves in Kenya
Business & Economy3 stories from 1 sources

Funding for Clean Cooking Initiatives and Cryptocurrency Moves in Kenya

BURN receives Sh10.4bn for clean cooking expansion. Crypto firm Luno re-enters Kenya after hiatus. Bitget showcases crypto solutions at Kenya Blockchain Conference.

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Monday 9:50 PMCapital Business

BURN gets Sh10.4bn from TDB Group for clean cooking expansion

BURN gets Sh10.4bn from TDB Group for clean cooking expansion

BURN, a Kenya-based clean cookstove manufacturer, has secured a financing package of Sh10.4 billion from the Trade and Development Bank (TDB) Group for expanding access to clean cooking solutions in Mozambique, Democratic Republic of Congo (DRC), and Zambia.

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Key Highlights

BURN, a Kenya-based clean cookstove manufacturer, has secured a financing package of Sh10.4 billion from the Trade and Development Bank (TDB) Group for expanding access to clean cooking solutions in Mozambique, Democratic Republic of Congo (DRC), and Zambia.

  • The financing includes a mix of debt and results-based funding, targeting 430,000 households.
  • The initiative is a part of TDB’s ASCENT Platform, launched in collaboration with the World Bank.
  • BURN's deployment will offer eco-friendly cookstoves, potentially preventing 3 million tonnes of CO₂ emissions and benefiting over 2.1 million people.
Monday 11:44 AMCapital BusinessFirst

Bitget showcases crypto solutions at Kenya Blockchain Conference

Bitget showcases crypto solutions at Kenya Blockchain Conference

Bitget made a significant impact as a Diamond Sponsor at the Kenya Blockchain and Crypto Conference 2025, leading discussions on digital asset adoption in Africa.

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Key Highlights

Bitget made a significant impact as a Diamond Sponsor at the Kenya Blockchain and Crypto Conference 2025, leading discussions on digital asset adoption in Africa.

  • Over 100 participants attended a technical Masterclass hosted by Bitget, focusing on blockchain basics and trading tools.
  • Andrew Letting delivered a keynote on integrating fintech with crypto services using Bitget’s offerings.
  • Mathendu Lorena, Bitget Kenya’s Marketing Lead, highlighted a local strategy focused on education and accessible products to drive crypto adoption in Kenya.
Monday 4:15 PMCapital Business

Crypto firm Luno re-enters Kenya after hiatus

Crypto firm Luno re-enters Kenya after hiatus

Luno, a global cryptocurrency investment platform, has re-entered the Kenyan market after a hiatus, offering a secure and fully compliant platform for crypto transactions.

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Key Highlights

Luno, a global cryptocurrency investment platform, has re-entered the Kenyan market after a hiatus, offering a secure and fully compliant platform for crypto transactions.

  • Kenyans can now trade cryptocurrencies directly using Kenyans Shillings through various trading pairs.
  • Apollo Sande, Country Manager for Luno Kenya, emphasized Kenya's dynamic crypto market, stating their excitement about the relaunch.
  • The platform offers features like instant trading with zero commission and a strong focus on regulatory compliance and safety.
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