Among the several land buying and selling companies we have, Dagma Land Investments Limited has stood out for one simple reason – Prompt and immediate delivery of title deeds to their investors.
The company on Saturday had a colourful event in which investors were handed title deeds at Makutano Prime Gardens phase 2.
Chris Mathea is one of the directors at Dagma Land Investments. He says
“We believe in customer focus and the importance of treating our investors with a lot of integrity and efficiency. This is why before we sell our land, we process the title deeds first. This has made us win Several accolades based on customer satisfaction.”
Another key pillar that has made Dagma great is being based on strong Christian Foundation.
“At Dagma before we do anything we always put God first and He has brought us this far.” Chris concluded.
Author: Kenyaleo Editorial Team
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Dagma Delivers on Prompt Title Deeds Issuance
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DKF VOLUNTEERS AT NYANDARUA OL KALOU KFS CENTRAL TREE NURSERY
Kenya Forest Service in Nyandarua County has been very instrumental in the Foundation Environment Conservation journey in regard to tree growing. It is the genesis of the partnership in existence between the Foundation and the Service.
To keep the conservation fire burning, Dedan Kimathi Foundation environment conservation team of devoted volunteers have spent the day at Ol Kalou tree nursery. The team has engaged in thorough weeding and cleaning to maintain nursery hygiene, value addition, pricking in, seedlings sorting out and rearrangement as well as green house tree seedlings treatment.
The Foundation is committed to help KFS increase tree seedlings production by offering voluntary labour in honor of the framework of collaboration between the 2 parties. This will not only help DKF in its conservation agenda but also enable the service to produce higher number of seedlings in readiness of the rainy season planting.
Nyandarua County Forest Conservator; Mr. Njoroge lauded the Green Army for volunteering to be in the forefront in climate change mitigation. He urged the team to continue recruiting more youth to make a greater impact in the conservation work. He commended the Foundation management for not taking breaks in the work terming that as a very good move to ensure sustainability.
Dedan Kimathi Foundation CEO; Ms. Evelyn Kimathi assured the CFC that the Green Army will continue helping the service in the nurseries to overcome the challenge of low manpower due to retrenchment.
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ISUZU East Africa Launches the Expanded Heavy Commercial Vehicle Facility and Vehicle Inspection Centre
Isuzu East Africa has launched a new flagship after-sales facility in Nairobi, enabling more proficiency and faster turn-around times.
The Kshs 35million Facility will enable customers to get faster services and access 10,000 different parts for their vehicles.
“Aftersales for Isuzu Motors has always been key pillar of our business. We are now able to offer comprehensive aftersales solutions that boast modern vehicle service and diagnostic technology to ensure customers receive accurate vehicle health checks,” said the chief guest Naohiko Yanagawa, Executive Officer, Isuzu Motors Limited.
Additionally, the facility will also have a wide spectrum of proprietary diagnostic equipment to trouble shoot or tune the latest range of Isuzu vehicles that feature powerful and efficient common rail engines.
“This investment underscores our commitment in ensuring that we continue being the leading automotive assembler in Aftersales services for our bus and truck customers. This facility will be able to offer additional support to our dealer network and growing customer base through improving aftersales operations and processes” said Isuzu EA’s Managing Director, Rita Kavashe.
Ms. Kavashe further affirmed that customers will spend a maximum of two hours for scheduled maintenance, get access to mobile services and field engineers all from the Facility.
“This investment will reduce waiting time for customers. It will also allow Isuzu East Africa to handle peak demand periods seamlessly,” she added.
The new facility houses the Isuzu Health Inspection Service Center where trainee mechanics enhance their skills. The facility is suited to serve long-haul trucks and buses and takes advantage of the major highway network and the logistics gateway to the country’s premier port.
The Facility will also provide Isuzu customers with a computerized Isuzu Vehicle Health Report that enables Isuzu to determine vehicle conditions to advice on proper maintenance timing based on vehicle driving environment and driving style. The Reports will inform customers on how best to reduce fuel consumption costs and get hints for extending the life of consumables such as brake-related parts hence
improving on efficiencies of vehicles. The Heavy Commercial Vehicle Facility will also be the distribution outlet for its Tanzanian and Ugandan markets. -
EnergyNet partners with Kenya Private Sector Alliance for Africa Energy Forum and Youth Energy Summit in Nairobi
EnergyNet Ltd, an award-winning organizer of energy forums, investment meetings, and collaborative dialogues focused on power generation across Africa and Latin America, has announced a partnership with the Kenya Private Sector Alliance (KEPSA) for the 25th Africa Energy Forum (AEF) and Youth Energy Summit (YES!).
The events are scheduled to take place in Nairobi, Kenya from the 20th to the 23rd of June 2023 at the Kenya International Convention Centre (KICC) and marks the first time the AEF will be held in mainland Africa and is officially endorsed by H.E. Honourable Davis Chirchir, Cabinet Secretary for Energy & Petroleum, Kenya.
“We are excited to bring governments, utilities and regulators together with development finance institutions, commercial banks, power developers, technology providers, EPCs, and professional services once again,” said Simon Gosling, Managing Director, EnergyNet, “And the commitment which was reiterated at the press conference today by the Kenyan Ministry of Energy to form an intergovernmental task forces to ensure maximum impact for the people of Kenya sets the tone for what will take place in Nairobi this June.”
Under the theme “Africa for Africa”, this year’s agenda will focus on several strategic areas including mining, hydrogen, connectivity, and the “Just Transition”, all from the perspective of advancing projects, partnerships, and business development.
“KEPSA has 100,000 MSME entrepreneurs as members. The guiding principle of the YES! Entrepreneurs is that they are established, and energy access is an inhibitor to their business growth. We aim to engage 1,000 of the 100,000 members with a view to equipping over 100 entrepreneurs with world class energy solutions. With this partnership we are also excited at the prospect of working with local universities to collaborate with both educators and students with regards to best practice around world and new innovation in the energy and extractives space,” said Mr. Victor Ogalo, KEPSA Deputy CEO.
The Youth Energy Summit (YES!) will welcome over 1,000 participants, including early career professionals, entrepreneurs, students, and educators, to boost the skills, connections, and business readiness of a new generation of African energy leaders. YES! is partnering with universities across Africa to bring students and educators to Nairobi to engage in dialogue, so graduates know what to expect and are better prepared for today’s fast-moving workforce.
“YES! has ambitious goals to accelerate access to reliable energy on the African continent, but we realize that we cannot accomplish this alone,” added Mr.Gosling, “This is why we’re bringing the energy industry’s biggest actors from both the public and private sectors to facilitate relationships and learn together about how tomorrow’s technology will ultimately change how we communicate and develop business in the coming years.”
Additionally, attendees at the AEF which will take place alongside YES! will have access to stakeholders and decision-makers from across the continent and around the world. They will also be able to take part in high-level panel discussions, interactive workshops, and talks that range across a wide selection of themes and issues, including increasing the pace and scale of renewables in Africa, breaking down barriers to energy transition in mining, and Africa’s path to becoming a global hydrogen powerhouse.
The event provides unmatched networking functions, offering attendees fantastic opportunities to engage with one another, share insights, and explore new financing structures in what can only be described as the world’s biggest investor opportunity – Africa. On average, investors from 82 countries attend AEF, and this year will be no different.
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European Investment Bank and Kenya strengthen green hydrogen cooperation
- EIB Vice President confirms EIB support for green hydrogen engagement with President Ruto
- New agreement to develop and unlock investment to produce green hydrogen using renewable energy
- EIB and Kenya to identify potential green hydrogen investment projects
- New green hydrogen cooperation follows four decades of EIB backing renewable energy in Kenya
The European Investment Bank, the world’s largest multilateral bank and leading global financier of renewable energy, will strengthen support for green hydrogen investment in Kenya.
Thomas Östros, European Investment Bank Vice President and Professor Njuguna Ndung’u, Cabinet Secretary, National Treasury and Economic Planning signed the Joint Declaration on Renewable Clean Hydrogen following discussions on green hydrogen investment with William Ruto, President of the Republic of Kenya.
“Kenya has some of the best renewable energy sources in the world if the storage components were equally developed. The route to storage has the potential to develop green hydrogen to deliver sustainable, green and inclusive growth. Today’s agreement builds on decades of close cooperation with the European Investment Bank to support renewable energy across Kenya. Together we will develop projects that will develop green hydrogen as part of the Kenya Energy Roadmap 2040 ” said Professor Njuguna Ndung’u, Cabinet Secretary, National Treasury and Economic Planning.
“Kenya’s wind and solar power can be harnessed to produce green hydrogen and provide affordable power for economic development and industrial growth. The Joint Declaration between Kenya and the European Investment Bank will improve understanding of how best to identify, structure, unlock and implement green hydrogen investment. Development of green hydrogen in Kenya has the potential to enable 100% of Kenya’s energy needs to be supplied by clean power.” said Davis Chirchir, Cabinet Secretary, Ministry of Energy.
“As part of Team Europe, the European Investment Bank stands ready to enhance cooperation to develop public and private sector investment that uses wind, solar and geothermal resources to produce green hydrogen, combat climate change, and support economic development in Kenya. Our energy and finance experts at the EIB Regional Hub in Nairobi and at headquarters will work closely with Kenyan partners to identify and develop new renewable energy projects and unlock construction of hydrogen production infrastructure.” said Thomas Östros, European Investment Bank Vice President.
“The European Union and Kenya are committed to tackling climate change and increasing use of renewable energy. The new agreement between the EIB, the EU Bank, and Kenya will accelerate identification and investment in green hydrogen in Kenya and harness renewable energy to deliver affordable and sustainable energy.” said H.E. Henriette Geiger, European Union Ambassador to Kenya.
The new agreement will strengthen cooperation to support the development of green hydrogen schemes in Kenya. The EIB expects to initially mobilise EUR 1.8 million of grants from the European Union and to appraise possible loan financing for larger green hydrogen related investment.
Over the last decade the European Investment Bank has provided more than EUR 5.3 billion for energy investment across Africa, including EUR 418 million for geothermal, wind and solar investment as well as grid investment in Kenya.
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World Animal Protection Partners with Kenyan Artists to speak for Wildlife
Animal welfare campaign organization, World Animal Protection, is teaming up with artists and young people in Kenya to raise awareness about wildlife protection. The collaboration aims to build a movement of people to protect Africa’s wildlife from being exploited as commodities of trade. This year’s World Wildlife Day, which is being marked on 3rd March, is celebrated under the theme “Partnerships for Wildlife Conservation”.
Edith Kabesiime, Wildlife Campaigns Manager at World animal protection, said “ In this year’s celebration, we choose to work with young people who use their platforms to raise awareness and inspire action. Collaborating with artists allows us to reach new audiences and engage with people in a way that goes beyond statistics and data. By harnessing the power of art and creativity, we can inspire and create a global movement of people who respects wildlife as sentient beings and take individual and collective actions to protect them in their natural habitats where they belong”.
This year’s World Wildlife Day coincides with the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) marking 50 years of existence. Therefore, it comes at a crucial time to reflect on the existential crisis facing wild animals in Africa, not only from a conservation angle, but from a welfare perspective as well. The suffering that animals go through in trade is heartbreaking. They are ruthlessly captured in their habitats, crammed into small spaces in unsanitary conditions during transportation, they are then slaughtered crudely or made to live the rest of their lives tied or caged.
It is essential to recognize that wildlife trade that involves extraction of individuals from the wild or breeding them in captivity is inherently cruel and causes immense animal suffering. Wildlife trade, whether legal or illegal, has become a major threat to the survival of many species in Africa. Legal trade is generally marred with enforcement failures due to lack of capacity faced by enforcement agencies and corruption.
“From this year’s theme on partnership, I’m excited that World Animal Protection chose to work with us,” said Kennedy Odongo, the talent development officer at the Kenya National Theater. “I believe that art can be a powerful tool to raise awareness on important issues such as animal welfare. I hope that our collaboration will inspire people to take action to protect all species of wildlife. We will continue to use our Poetry After Lunch events to place animal welfare agenda at the top of people’s mind as a way of giving a voice to animals considering that there is a raft of exploitative practices that are causing so much suffering to wildlife including trophy hunting, traditional medicine and exotic pet trade.“
African governments need to take a pre-cautionary approach on wildlife trade. They need to be aware of and address the health dangers of the wildlife trade. They also need to realize that wild animals are much more valuable alive than when they are dead. There is a need to recognize the intrinsic value of wild animals, as well as their contribution to the ecosystems and the planet.
Some progressive governments in Africa such as Kenya have been praised for being champions at CITES and getting species up listed for better protection. However, there is still much more to be done. African governments are urged to address extractive practices, such as reptile farming for export for pets and traditional medicine. Kenya is encouraged to do more to strengthen enforcement to ensure that the country is not used as a hub for pangolin and other wildlife trafficking.
“On this World Wildlife Day, let us remember that wildlife trade is just cruel and subjects animals to tremendous pain during capture, transit, slaughter and in homes and commercial venues where some live the rest of their lives in misery. We need to work together to ensure that we protect them from commodification. Wildlife have a right to a wild life.” Said Edith Kabesiime when addressing attendees at the art even held at the Kenya National Theater.
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Kenyan Private Investors Concentrate in Africa during Global turmoil, with World’s most Optimistic Outlook
Kenya’s wealthy fared better than the wealthy anywhere else in the world during the economic turmoil of 2022, retreating from international citizenships and foreign property in favour of Kenya and Africa as safe havens, according to the 2023 attitudes survey issued today with Knight Frank’s annual Wealth Report.
The world’s Ultra-High Net Worth Individuals (UHNWIs) saw their fortunes slashed globally by 10 percent last year on a cocktail of post-pandemic property price falls, soaring energy prices, falling stock markets, and surging inflation and interest rates. The wealthy in Europe were by far the hardest hit, due to Russia’s invasion of Ukraine, suffering a fall of 17.3 percent in their fortunes.
However, Africa’s UHNWIs saw the lowest losses, recording an overall drop of just 5 percent.
Knight Frank’s Attitudes Survey of wealth managers also found that next to only Australasia, Africa delivered the highest proportion of clients who increased their wealth in 2022, at 64 percent, compared with the global average of 40 percent, and just 24 percent in the Americas.
Liam Bailey, Global Head of Research and Editor-in-Chief of The Wealth Report at Knight Frank,
said: “Nowhere in the world was immune from last year’s inflationary trends, or geopolitical risks.
However, with the wealthy in Kenya and Africa less exposed to overseas property holdings and
equity markets than HNWIs globally, their assets proved more resilient to the global disruption.”At the beginning of 2022, wealth managers reported that about 19 percent of the property portfolios owned by Kenyan HNWIs were held overseas, compared with an average of 32 percent of overseas holdings by HNWIs globally.
In the year since, Kenyan HNWI’s overseas holdings have fallen further, to 11 percent, as they have actively exited foreign property markets.
The stronger investment environment in Africa also combined with key changes to investor visas – including the UK’s closure of its Tier 1 investor visa scheme in February 2022 – to reduce the number
of Kenyan HNWIs planning to apply for foreign citizenship, which fell to 11 percent in 2023, compared to 28 percent a year ago.Kenyan HNWIs favourite options for second home purchasing also shifted. Kenya remained the most
popular choice, named as one of the top 5 locations by 60 percent of HNWIs, followed by the UK by
50 percent and US by 40 percent.Canada also increased in popularity, with 25 percent of the HNWIs including it in their top 5 locations. But, European locations Sweden, Denmark and Monaco disappeared from Kenyan HNWI’s top choices, while Egypt and Tanzania emerged as new entrants.
Mark Dunford, CEO Knight Frank Kenya, said: “In this general pivot away from international
exposure and towards investment in Kenya and Africa, Kenya’s HNWIs are also the most optimistic in
the world, with 50 percent expecting their wealth to increase by more than 10 percent in 2023. This
compares with just 21 percent of global HNWIs expecting rises of the same level.” -
Making a Fortune out of METAL WORKS
To this man, metal is a precious commodity. He ekes a living out of it and he has been employed three permanent staff.
Meet John Macharia Mwaura founder and CEO of Johana Metal Works Company Ltd located at Kariobangi Light Industries.
In a news Interview Mr Macharia shares with us more about his business:
“I buy ex-factory metals from Mabati Rolling Mills, then sells out to other entrepreneurs who fabricate or resell. The price is determined by the weight whereby a kilogram of metal goes for Kshs. 130. I have also diversified and fabricated the metals to manufacture and sell wheel barrows, gates, trolleys, doors and windows, fences, water towers and dustbins.”
Mr Macharia has implored upon the government to consider them through giving them tenders to supply services using the locally sourced materials.
“A good entry point that we are imploring upon the president to consider us is in the affordable housing project. We can comfortably provide durable materials instead of relying on imports some of which cannot match the strength of our locally fabricated ones,” he said.
He at the same time called upon the government to issue incentives for business incubation as well as increase the Hustler Fund so as to enable them grow and expand their business.
He has employed four staff on casual basis who help in fabrication.
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Women Leaders Welcome Enhancement of Women Enterprise fund
Kwale Woman leader Nimusimu Mwasina has taken a moment to share with us her thoughts pertaining the importance of enhancing women participation and inclusivity in all spheres of our nation’s development.
She says,
“The month of March is specifically for women since, as women, we celebrate International Women’s Day on ever 8th of March.
Women have indeed come out in a big way to claim their rightful position in both the socioeconomic as well as political sphere. Socially, women have gone miles to ensure they are recognized in the family circle and community at large. They do engage is socio-economic activities for instance table banking for gains socially, financially and economically. On the political sphere, women have moved ahead and are competing with men for political positions. We do have 7 female elected Governors; the Chief justice; the Registrar of political parties, several female Cabinet Secretaries and Principal Secretaries. Not forgetting that His Excellency the President of the Republic Dr William Ruto has appointed several women to champion leadership in their capacity as Chairpersons and Directors in State corporations.
Meanwhile, we can see several women have been shortlisted for Cabinet Administrative Secretary and these women are going to square it out with men. Women are aggressively fighting for their space and they are making it. It can only get better.”
Hon Nimusimu’s remarks comes a day after his excellency the President Dr William Ruto re-launched the women fund.
The President acknowledged that Kenyan women had demonstrated their determination in entrepreneurship and noted that almost 97,000 women groups have been integrated in the Women Enterprise Fund, thus it was high time that “women were brought on board the technology platform in the lending of the money by the Women Enterprise Fund.”
He reiterated that the remodelled WEF will no longer use Financial Intermediaries, rather funds will be released directly to women groups instantly thus eliminating the 45 days loan processing period. This will be implemented within the next one week, he announced.
The President committed to increase the WEF allocation from Kshs.4.5Billion to 13.5Billion.
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Huawei eyes Ksh 500 billion data center and cyber security market with new solutions
Huawei technologies has set a new trend for Africa’s Ksh 500 billion data centers and cyber security industries as storage and computing power becomes core strategic areas for organizations. Focusing on data center infrastructure innovation, the firm is leading the development of capabilities to process massive and diversified computing power in data centers and helping enterprises against cyber threats.
Addressing the 5th Industry Digital Transformation Summit at the 2023 Mobile World Congress, David Wang, Huawei’s Executive Director of the Board, Chairman of the ICT Infrastructure Managing Board, and President of the Enterprise BG outlined the firm’s strategy, pointing out that digital technologies are expected to progressively affect the future – from the development of the world economy, through to global cultures, societies, and the environment.
“Based on the requirements and pain points of enterprise network management efficiency, connection experience, data center (DC) security, and computing power, we have rolled out a new series of advanced solutions for to simplify these networks, with which DCs can build a solid network foundation, leading to the development of new DCs, and unleashing digital innovation”, he said.
Wang’ added that digital technology is the right way to help industries go digital. Huawei, he noted, will focus on connectivity, computing, cloud, and other digital technologies. The firm will also continue inspiring innovation to drive industry digital transformation as organizations across the African continent deepen their investments in data centers and cyber security, with available statistics showing that it could reach Ksh 500 billion by end of 2026.
With connectivity remaining crucial to digitalization and networks central to connectivity, the company will work with enterprises to build intelligent cloud-networks with cloud-network synergy, simplified architecture, and energy-saving features, thereby maximizing digital productivity and creating the ultimate experience.
The new solution includes a smart campus which is designed to redefine campus networks and a Next-Generation enterprise flagship core switch called CloudEngine S16700. Others are an Easy Branch, the industry’s first simplified hyper-converged branch solution and Single Optix, the first end-to-end optical service unit (OSU) product portfolio.
The new range also includes the industry’s first multi-layer DC ransomware protection solution powered by network-storage collaboration, the industry’s first unified DC DR product portfolio featuring storage and optical connection coordination (SOCC),and CloudEngine 16800-X, which is the industry’s first DC switch designed for diversified computing power.
For SMEs, Huawei also launched OceanStor Dorado 2000 and OceanProtect X3000, which are the industry’s first entry-level storage combination based on the active-active architecture.
Through these solutions, government offices will get more efficient, and offer a better user experience for public services.