Business & Economy3 stories
Microsoft and the African Development Bank launched a Pan-African financing facility to digitize agricultural SMEs, which will blend investment capital with digital and AI tools. In the construction sector, the Engineers Board of Kenya (EBK) launched an online portal for registering engineering projects to enhance oversight and professionalism. This move aims to address concerns about unapproved constructions. Separately, the global insurtech organization Bolttech has acquired Nairobi-based digital insurance platform mTek. This acquisition marks a significant consolidation in East Africa's insurtech market and sets the stage for regional expansion.
