Category: BUSINESS

  • realme Announces Global Launch of realme GT3: Unleashing the World’s Fastest Charing Power 240W

    realme Announces Global Launch of realme GT3: Unleashing the World’s Fastest Charing Power 240W

    realme, the world’s fastest-growing smartphone brand, announced today at Mobile World Congress 2023 the global launch of the realme GT3 – its next-generation speed flagship with the world’s fastest charging power: 240W.

    Starting the first generation, the realme GT Series has represented realme’s most cutting-edge technology innovations, from the mind-blowing suitcase design on the GT Master Series to the true premium flagship realme GT2 Pro Series. Now the speed limit breaker – realme GT3.

    “realme was founded with the Dare to Leap spirit and the mission of empowering the young generation with leap-forward technology and design.” Chase Xu, Vice President of realme and President of realme Global Marketing, stated: “Entering its 5th year, realme is taking an even bigger leap forward by becoming the first brand to break through the industry’s glass ceiling. It demonstrates realme’s commitment to improving our market presence through innovative technologies and better connecting with our young audiences.”

    Figure 1Mark Wesley, Global product Communication Manager, realme, speaking during the 2023 MWC event.

    240W: World’s Highest Charging Standard

    With a ground-breaking 240W, the realme GT3 offers not only the fastest charging power ever, but it will also be the fastest charging power for years to come, as it has reached the maximum charging power possible under USB-C standards.

    In terms of user experience, 240W is the ultimate answer to battery anxiety. It accelerates smartphone charging to minutes and even seconds. Using 240W charging power, it only takes 80 seconds to charge the realme GT3 to 20% capacity. It only takes 9 minutes and 30 seconds to fully charge the device’s 4600mAh battery.

    Figure 2. Mark Wesley, Global product Communication Manager, realme speaking during the 2023 MWC event

    Full-fledged Battery and Charging Innovation

    As the first brand in the industry to mass produce 240W fast charging, realme has achieved a full-fledged innovation in everything from charging safety to battery longevity and to accessory compatibility.

    • Three industries’ first charging technologies.Starting with the charging architecture, the realme GT3 has three maxed-out charging chipsets to charge at the same time, resulting in a 98.5% improved transfer efficiency during charging. In addition, the realme GT3 comes with a custom 12A charging cable. The ultra-fast 12A cable provides the industry’s highest charging current. Furthermore, realme provides dual GaN charging technology. As a result, despite having 60% more power available, the 240W adaptor is at the same size of the 150W adaptor.
    • Maximized Charging Safety.One of the most difficult challenges for high-power charging is temperature control. The realme GT3 is equipped with a 6580mm²-large VC liquid cooling system that covers 61.5% of the battery and ensures efficient heat dissipation. To ensure maximum charging safety, the realme GT3 also includes a PS3 fireproof design, 13 temperature sensors, and 60 layers of safety protection. TÜV Rheinland has also certified the realme GT3 for a safe fast-charging system, making it the first product with 200W fast charging or higher to receive the certification.
    • Worry-free Battery Longevity. According to internal lab testing, the realme GT3 has an 80% lifespan after over 1600 charging cycles with 240W enabled, which is more than double the industry standard of 80% battery health after 800 charging cycles. GT3 also uses intelligent charging, which detects the user’s status and switches the charging status to travel mode, sleep mode, or in-car mode. Not only can the phone be powered on intelligently, but it also helps to preserve battery health and avoid overcharging.

    Pulse Interface Design: Re-imagine Smartphone Interaction

    Aside from the incredible 240W, the realme GT3 pushes smartphone design to new heights. The realme GT3 has a translucent window next to the camera module. Users will find a polished chipset deco, an NFC chipset, and the innovative Pulse Interface System with a C-shaped RGB lighting ring inside.

    Taking inspiration from gaming handsets, realme GT3’s Pulse Interface Design displays different light effects depending on the phone’s status. For example, when the phone is 20% charged, it will display a red breathing light effect; when it is charged to 21%-100%, it will display a purple breathing light effect; and when it is fully charged, the purple light will always be on. When there are incoming calls, the light flashes quickly. While receiving notifications, the lighting system will display a white colour; for a 10-second countdown before taking photos, the phone will display a blue, white, and orange colour beaming.

    The Pulse Interface System is highly personalisable, adding a fun and interactive element to the phone. Go to settings > wallpaper & design > breathing light, users can choose from 25 colour shades, 2 rhythm types, and 5 lighting speed modes for a personalised style.

    From Populariser to An Industry Leader

    realme is well-known for making cutting-edge technology available to young consumers. Fast charging technology is no different. With the realme X7, realme is the first to introduce 65W to the mid-range price point in 2020. With its GT Neo3, realme released the world’s fastest charging speed of 150W in 2022. And now, with the realme GT3, realme is setting new standards with an industry-leading maximum charging power of 240W. realme has progressed from a democratiser to a tribaliser, and now an industry limit-breaker.

    Aside from constantly seeking technological advances, realme is also democratizing fast charging at all price points. Counterpoint ranks realme first in fast charging penetration for product portfolios in the mid-to-high price range ($250-$399). realme also achieved a fast charging penetration rate of up to 85% in product portfolios under $250. realme intends to democratise fast charging even further by announcing during its global launch that 90% of its global product portfolio in 2023 will include fast charging of 33W or higher.

    The realme GT3 comes in a wide selection of storage variants to choose from, including 8+128GB, 12+256GB, 16+256GB, 16+512GB, and a special 16+1TB variant; Available in Pulse White and Booster Black two colour options, the global recommended retail price for realme GT3 will start from $649.

    About realme.

    realme is a global emerging consumer technology company disrupting the smartphone and AIoT market by making cutting-edge technologies more accessible. It provides a range of smartphones and lifestyle technology devices with premium specs, quality, and trend-setting designs to young consumers at affordable prices.

    Established by Sky Li in 2018 and driven by its “Dare to Leap” spirit, realme has become one of the top 5 smartphone players in 30 markets globally in just three years, and realme has entered 61 markets worldwide, including China and Southeast Asia, South Asia, Europe, Russia, Australia, the Middle East, Latin America, and Africa, and has a global user base of over 140 million.

  • SAMSUNG Electronics  Announces The Global Launch Of The  Galaxy S23 Series

    SAMSUNG Electronics Announces The Global Launch Of The Galaxy S23 Series

    Samsung Electronics Co., Ltd., today announced the global availability of its industry-leading Galaxy S23 smartphones following impressive preorder results.

    Preorders for the previous year’s Galaxy S22 series had already been a great success, with numbers more than double that of the Galaxy S21 series within the first week. This year, preorder results were even higher than those of the Galaxy S22 series, with 60% of consumers opting for the most premium Galaxy S23 Ultra.

    “The great momentum we’re witnessing speaks to customers’ excitement about products that push the envelope and give them the freedom to express themselves creatively,” said TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics. “This year’s preorder numbers echo our customers’ strong trust in our brand and demonstrate how our commitment to ground-breaking innovation and sustainability continues to resonate with consumers.”

    Led by the Galaxy S23 Ultra with its new 200MP Adaptive Pixel sensor and iconic embedded S Pen, the Galaxy S23 series also featuring the Galaxy S23+ and Galaxy S23 represents a new era of Samsung’s ultimate premium phone experience. The Galaxy S23 series features epic cameras that give users more freedom to explore their creativity, the world’s fastest mobile graphics thanks to the Snapdragon® 8 Gen 2 Mobile Platform for Galaxy, and a striking design that advances the company’s sustainability commitments with more components made using recycled materials than in any other Samsung Galaxy smartphone.

    “As a business, we are looking to increase inclusivity and affordability for our consumers so that they can acquire the Galaxy S23 Ultra, S23+ and S23 devices and one of the ways we are doing this is through strategic partnerships with finance partners. We already have a working agreement with KCB and Safaricom as the first two official device financing partners and are working on getting more partners on board to allow more Kenyans to acquire our devices at a pace that works for them. These strategic partnerships are what we believe will shape the device acquisition landscape in Kenya” said Samsung Director of Mobile Experience East Africa, Mr Charles Kimari

    Samsung Galaxy S23 series also unlocks the next level of mobile security with Samsung Message Guard. This powerful sandboxing tool preemptively protects against zero-click exploit attacks. This is a new kind of cyberattack where just receiving an image can compromise a device – even without the user’s interaction. Samsung Message Guard acts as a virtual quarantine, trapping harmful images and ensuring you receive safe images. Find out more about Samsung Message Guard at [www.samsungmobilepress.com/feature-stories/samsung-message-guard-protects-you-from-new-and-invisible-threats].

    Starting on February 17, 2023, the Galaxy S23 Ultra, Galaxy S23+, and Galaxy S23 will be widely available through carriers and retailers, and on samsung.com, in four nature-inspired matte hues: Phantom Black, Cream, Green, and Lavender. The devices are also available in a variety of unique, online exclusive colors, only available at Samsung.com. The Galaxy S23 Ultra is available in Graphite, Lime, Sky Blue, and Red. The Galaxy S23 and S23+ feature two online exclusive colors, Graphite and Lime.

    Samsung is also launching an eye-catching 3D billboard campaign to celebrate the launch of the Galaxy S23 series. The campaign highlights the design of the Galaxy S23 series inspired by the planet, with striking visuals. First kicking-off in Seoul, the campaign will roll out in other global cities around the world over the coming weeks.

    For more information about Galaxy S23 series, please visit: www.samsungmobilepress.comnews.samsung.com/global or www.samsung.com/global/galaxy/.

  • Chairman Ichoho Steers Kenya Tea Agencies to greatness

    Chairman Ichoho Steers Kenya Tea Agencies to greatness

    Simple, composed, kind-hearted and open-minded are just but a few of the attributes that can describe Kenya Tea Development Authority Chairman David Ichoho.

    Since he took over leadership of the agency, Mr Ichoho has set his vision to reinvigorate tea farming in the country whilst at the same time adding value to the precious commodity.

     

    Mr Ichoho has also been on the frontline working in tandem with other government agencies to source for new markets for our tea away from the traditional markets of Pakistan and Egypt.

    Mr Ichoho has also been urging farmers to embrace diversification at a time when the Country is grappling with the effects of climate change.

    He spoke when he toured a farm in Gatundu South which had caught fire and 800 bushes were consumed by the inferno. He urged farmers to be cautious especially when handling their tea.

  • SAMSUNG Message Guard Protects Uusers From New And Invisible Threats

    SAMSUNG Message Guard Protects Uusers From New And Invisible Threats

    The next big threat to mobile security could happen to anyone, but Samsung Galaxy has a new line of defense.

    Did you know that just receiving an image might be enough to let hackers in? Most consumers know not to open random links or attachments that no longer guarantee safety as cybercriminals constantly explore new methods of attack.

    Zero-click exploits are the latest kind of cyberattack, and they can take place any time an image is received. A single image could be hiding malicious code.

    While there has been no sign of such attacks on Samsung Galaxy smartphones, Samsung Electronics constantly looks ahead to anticipate potential threats and develop preemptive security measures, such as Samsung Message Guard.

    New Security for New Threats

    Picture this: your phone receives an image. It vibrates gently in your pocket before going still. Or it is on your bedside table, lighting up briefly as you sleep. You haven’t touched your phone, but someone may already be reading your messages, browsing your gallery and copying your bank details.

    Zero-click exploits are just the latest threat in an era of increased cybercrime targeting user data. One in three consumers around the world has been the victim of a data breach where their personal data was hacked.  Data breaches are increasingly common, with rates more than tripling between 2013 and 2021.

    Threats evolve, but so too does Samsung’s mobile security. Samsung Galaxy smartphones offer comprehensive safeguards with the powerful Samsung Knox platform, and users are already protected from attacks using video and audio formats. Samsung Message Guard takes that security one step further by preemptively protecting your device, limiting exposure to invisible threats disguised as image attachments.

    The security solution currently works on Samsung Messages and Messages by Google.  In line with Samsung’s philosophy of open collaboration, a software update will roll out at a later date to let Samsung Message Guard protect you across third party messaging apps as well.

    A Secure Environment

    Samsung Message Guard is an advanced ‘sandbox’, or a kind of virtual quarantine. When an image file arrives, it is trapped and isolated from the rest of the device. This prevents malicious code from accessing your phone’s files or interacting with its operating system. Samsung Message Guard checks the file bit by bit and processes it in a controlled environment to ensure it cannot infect the rest of your device.

    Simply put, Samsung Message Guard automatically neutralizes any potential threat hiding in image files before they have a chance to do you any harm. It also runs silently and largely invisibly in the background and does not need to be activated by the user. So where previously you could be endangered without doing anything, now you are protected from zero-click exploits without lifting a finger.

    Samsung Message Guard is just the latest forward-looking security solution from Samsung. Separately, Samsung Galaxy devices already provide industry-leading security and privacy protections in other areas, thanks to the award-winning Samsung Knox. This provides end-to-end protection across every layer of hardware and software, as well as real-time threat detection.

    Availability                                                                                   

    Samsung Message Guard is a solution on the Samsung Galaxy S23 series. It will be gradually rolled out to other Galaxy smartphones and tablets later this year.

  • Huawei unveils new solution to cut power consumption

    Huawei unveils new solution to cut power consumption

    Huawei technologies is targeting to further reduce ICT energy costs by introducing a new tool that uses artificial intelligence to regulate power consumption.

    Known as Green 1-2-3, the new solution is designed to strike the right balance between energy efficiency, renewable energy utilization and user experience. It involves three aspects where firstly new materials and processes are being developed to solve condensation, low temperature issues and enable power modules to independently remain in standby, meaning the power consumption during extremely light load can be reduced from 300 W to less than 10 W.

    Secondly, multi-dimensional site information such as weather, electricity price, battery status, and service volume are obtained by the software and intelligent scheduling algorithms used to maximize power generation efficiency and load-based power availability, while minimizing overall power cost.

    Thirdly, experience-driven approaches are being upgraded to data-driven approaches, allowing energy-saving policies to be generated in minutes and optimization policies to be delivered in milliseconds.

    Speaking at the Huawei Green ICT Summit, Peng Song, President of ICT Strategy & Marketing of Huawei, explained that the firm is advocating for expansion of the focus of organizations beyond improving network energy efficiency to reducing absolute energy consumption.

    ” An artificial intelligence ‘Big Bang’ is underway and is expected to bring new benefits and opportunities to network operators. However, it also requires better ICT infrastructure, due to higher bandwidth and increased computing power leading to a rapid increase in network energy consumption. Indeed, the ICT industry seems to be faced with the tough choice to either go green or develop. However, we believe the industry can choose not to choose, and instead go green and develop simultaneously ” Peng said.

    He called for ICT players to consider an upgrade from network-specific policies to site-specific policies in order to improve the accuracy of renewable energy deployment. This will additionally reduce the time required for intelligent scheduling from days to minutes, thus maximizing the economic and environmental benefits of renewable energy.

  • Step Into the Future: LG Unveils High-Tech Kitchen Appliances Set to Transform How Consumers Cook and Entertain

    Step Into the Future: LG Unveils High-Tech Kitchen Appliances Set to Transform How Consumers Cook and Entertain

    LG Electronics has rolled out an array of kitchen appliances set to define the future of the modern Kitchen.

    Showcased at the Kitchen & Bath Industry Show (KBIS) 2023, the LG Studio appliance lineup consists of the fridge with MoodUP, an InstaView® induction slide-in range with Air Fry and Air Sous Vide, a double wall oven, and a dishwasher.

    Speaking during the rollout, LG Electronics Home Appliance & Air Solution President Lyu Jae-Cheol said, “With our customer needs and interests at the center of our innovation, we will continue to provide innovative kitchen and living solutions that offer a variety of design options to suit different tastes. Today, with the LG Studio lineup, the journey has begun to define the kitchen of the future boasting modern design and premium quality with products such as the LG Studio refrigerator with MoodUP and Luxe Stainless-Steel products that can transform one’s kitchen into a tailored, supremely functional lifestyle space”.

    The innovative refrigerator with MoodUP™, first introduced at IFA 2022, has now been added to the premium LG STUDIO lineup. With its color-changeable door panels and built-in Bluetooth speakers, the fridge can reflect the user’s mood and refresh the atmosphere of the kitchen; perfectly illustrating how LG STUDIO appliances can help people to express their personalities and make life at home more entertaining.

    With its addition and a wider selection of advanced appliances offering new color and finish options, the expanded LG STUDIO range delivers greater choice and a more personalized kitchen.

    The sophisticated home solutions, which also boast the upgradability of LG ThinQ™ UP, were displayed during KBIS at the atmospheric, SoHo-themed LG STUDIO zone, located inside LG’s booth. In addition, the LG STUDIO kitchen package appliances sport a new stainless-steel finish, Luxe Stainless Steel, and elegant rose-gold-colored handles and knobs.

    The new finish and handle/knob color further widen the range of LG STUDIO appliance design options available to customers, enabling them to create a kitchen aesthetic that perfectly matches their unique sensibilities.

    During the exhibition, the LG STUDIO zone lets visitors experience the ‘upgradable, personalized life’ made possible by ThinQ UP and ThinQ Care, which are both available on LG STUDIO kitchen and laundry solutions.

    ThinQ UP allows users to download new features for compatible LG appliances via the LG ThinQ app, while ThinQ Care offers handy maintenance tips and preemptive alerts to help users keep their appliances performing at their best.

  • RUARAKA UHAI NEEMA HOSPITAL, WITH SUPPORT FROM M-TIBA AND PHARMACCESS LAUNCH ‘TUNZA MAMA’ TO HELP MOTHERS ACCESS PREGNANCY CARE

    RUARAKA UHAI NEEMA HOSPITAL, WITH SUPPORT FROM M-TIBA AND PHARMACCESS LAUNCH ‘TUNZA MAMA’ TO HELP MOTHERS ACCESS PREGNANCY CARE

    Maternal care in East Africa remains weak compared to global standards. Out-of-pocket health payments are a major barrier to accessing healthcare, especially for those with lower incomes. Ruaraka Uhai Neema Hospital in partnership with digital platform M-TIBA and health organization PharmAccess has therefore launched ‘Tunza Mama’: a discounted service that empowers women to access care throughout their pregnancy journey.

    Tunza Mama service encourages women to come for antenatal care early in their pregnancy. It also supports them to visit the facility more frequently, by making services cheaper the more times the
    mother comes for check-ups.

    The service, which runs on the M-TIBA mobile platform, was today launched and pioneered at Ruaraka
    Uhai Neema Hospital in Nairobi. Tunza Mama will be scaled to other health providers in Kenya gradually,
    over the course of this year.

    ‘’Mobile technology has the potential to improve the health outcomes for mothers and their babies’’, says Moses Kuria, Managing Director M-TIBA. ‘’The M-TIBA platform connects facilities and patients and facilitates payments in an efficient manner. In that way, mothers can access the care they need at an affordable cost. Moreover, with Tunza Mama, mothers know upfront what they can expect in terms of costs and services, giving them peace of mind during their pregnancy, as well as after their baby is born’’.
    Tunza Mama covers mothers from the first check-up to delivery and immunization, until the baby reaches two years of age. With the service, PharmAccess and M-TIBA hope to increase the number of expectant mothers accessing pregnancy care at Ruaraka Uhai Neema Hospital.

    Angela Siteyi, Innovations Director PharmAccess: ‘’Sub-Saharan Africa alone accounts for around 70% of maternal deaths worldwide. We aim to expand Tunza Mama rapidly to empower women to access
    affordable and quality care during their pregnancy, without having to forego care due to costs. By using
    technology, we are able to connect the mother and health professionals for continuous engagement,
    timely interventions, better patient experiences and outcomes’’.

    Through PharmAccess, the health facility has access to decision support tools that empower them to
    monitor, communicate, schedule visits and personalize the pregnancy experience for each individual
    mother.

    Dr George Kiere, ObsGyn at Ruaraka Uhai Neema Hospital: “To identify any potential risks for mothers
    and babies, early and regular check-ups are essential. We see that mothers miss check-ups because of financial challenges. The Tunza Mama package enables both quality and quantity of care. It lowers the
    overall cost of care and most importantly: it reduces the risks for pregnancy-related complications for
    mothers and babies.”

  • SAMSUNG ELECTRONICS ANNOUNCES ENHANCEMENT OF BIXBY

    SAMSUNG ELECTRONICS ANNOUNCES ENHANCEMENT OF BIXBY

    Samsung Electronics has announced new updates to Bixby that improve user experience, performance, and capabilities of the intelligent assistant and platform. The new updates deliver significant improvements in Bixby’s ability with enhanced language recognition, giving people greater control over their mobile experience.

    “When Samsung first launched Bixby as a voice assistant, it was part of a vision to create a human-to-machine interface that makes life easier and can advance over time with Samsung Galaxy innovation,” said YoungJip Kim, Executive Vice President and Head of Artificial Intelligence Team in Mobile eXperience Business, Samsung Electronics. “Today, we introduce updates to build a more intelligent interface that is proactive and adaptive, giving people greater control over their mobile experience.”

    Giving People Greater Control over their Mobile Experience

    The new Bixby updates bring several new features and improvements that allow people to customize their user experience further, including the recent availability of Bixby Text Call in English. Now, English speakers can answer calls from anywhere by typing a message, which Bixby converts to audio and communicates to the caller directly on their behalf.

    Users can also personalize their Bixby Text Call voice. Using the new Bixby Custom Voice Creator, users can record different sentences for Bixby to analyze and create an AI-generated copy of their voice and tone. Currently available in Korean, this generated voice will also be compatible with other Samsung apps beyond phone calls in the future. And for those who want to customize their wake word, Bixby now supports changes to the Custom wake-up  phrase within Bixby settings as well, adding a new option to create a personalized wake-up phrase.

    From Intelligent Assistant to Intelligent Platform

    Today, Bixby can provide more seamless continuity and better attune to user needs with the introduction of new scenarios, including playing music depending on the type of exercise in Samsung Health or saving schedules in Calendar. Now, Bixby can better understand intent and process follow-up requests by understanding context and associating words previously used in interactions. For example, Bixby users can first launch a workout on Samsung Health and then ask Bixby to play music that best suits that exercise by saying “Play music for this workout.”

    Enhanced Language Recognition, Processing and Response

    In addition to these great new features, Samsung also expanded Bixby’s on-device AI support. Users can run key commands entirely offline, such as setting a timer, taking a screenshot or turning on the flashlight. By integrating on-device AI with its native applications, Samsung was able to further expand its language offering and capabilities with advanced AI-based voice dictation. These updates to Bixby will be made possible by the powerful innovation found in Samsung Galaxy devices, including the industry-leading performance that enables on-device AI applications.

    Availability

    Bixby updates will be available for Samsung Galaxy users in February through a software update. For more information, please visit www.samsung.com/global/galaxy/apps/bixby.

  • HAVA ORDERS 200 ELECTRIC CARS TO BOOST DRIVERS’ SAVINGS

    HAVA ORDERS 200 ELECTRIC CARS TO BOOST DRIVERS’ SAVINGS

    Taxi drivers are set to benefit as Hava Net Limited a leading ride-hailing local company operating in the region acquires 200 Electric Vehicles and Solar vehicles, as its expansion strategy journey gets underway.

     

    The firm says it opted to add EVs in its fleet as opposed to Fossil Fuel powered cars so as to conserve the environment and reduce costs cabs drivers incur on maintenance and fuel. It should see a driver save over Kes. 500 per day on fuel and Kes. 300 on maintenance. Their drivers will spend only Kes. 450 for 300 Km by going electric instead of 2,600 currently with a vehicle consuming 1 liter for every 18 Km. Unlike the other players in the market, the firm buys vehicles for its drivers which is a very good move and this will help drivers earn more per ride considering that no cost of fuel except minimal charging costs. With this, they seek to give the highest commission to drivers in the market.

    In order to support taxi drivers, ride-hailing firms seek to acquire 1000 electric cars. To realize this goal the firm has inked a deal with Utu Cars for procurement of the first 200 electrical vehicles for the HAVA Green Project in a deal worth Kes. 420 million. These cars are fully electric and solarized and thus can either charge on solar or electricity. This comes at a time when the world is gearing towards electrical vehicles because of their environmental friendliness and cost-effectiveness.

    “We have agreed to acquire the initial solar and electric units of Utu Cars from Go Electric Limited as they match the standards we are looking for. These solar and electric cars will increase margins for drivers as they save on fuel and maintenance and hence earn at least twice because electric cars have fewer moving parts that will make the drivers take home twice as much as they did with the petrol-fueled cabs,” said Abdifatar Mohamoud Chief Executive Officer of HAVA Net Limited.

    The running cost of an electric vehicle is much lower than an equivalent petrol or diesel vehicle.
    Electric vehicles use electricity to charge their batteries instead of using fossil fuels like petrol or diesel. Electric vehicles are more efficient, and that combined with the electricity cost means that charging an electric vehicle is cheaper than filling petrol or diesel for your travel requirements.

    Using renewable energy sources can make the use of electric vehicles more eco-friendly. The electricity cost can be reduced further if charging is done with the help of renewable energy sources installed at home, such as solar panels.

    Ms. Eve Maina Managing Director at Go Electric Ltd said; “These initial order will act us emissaries and we expect them to showcase and increase assurance and conviction in EVs to spur more uptake. The electric vehicles are a game changer in the East African market that has for long being dominated by fossil-fuel vehicles. They come with reduced running costs, cut the use of fuel, and reduction of operational costs. Thus, owners of the EV who want to venture into public transport will save more money than their counterparts, because of the no engine maintenance costs.”

    Statistics indicate that EV sales are increasing slowly, but surely. In 2015 electric vehicles constituted three percent of the automotive market. In 2022, it was 15 percent. By 2025, the projection is 23 percent. Electric SUVs are selling like hotcakes. Almost every major automobile manufacturer today has at least one electric SUV model variant.

    Shadrack Wangara Head of Growth Hava said, “We believe these Electrical and solar vehicles help us meet our sustainability goals, our company has a commitment to sustainability and we believe electric vehicles play a significant role in reducing carbon prints with every automaker going all in on electric and many exciting new products coming to the, we have placed our order and we are excited to expand and make it easier for consumers to make the transition to Electrical mobility.’’

    EVs are regarded as one of the most significant modern cost-cutting innovations, owing to the reduction of running costs of both fuel and associated engine maintenance costs. Owners of solar and electric vehicles, particularly those who will operate public transportation, will earn more money as they transition away from fossil fuel vehicles due to a reduction in operation costs.

  • Kenivest Managing Director Continues to shine in investment platform

    Kenivest Managing Director Continues to shine in investment platform

    Kenya Investment Authority Managing Director June Chepkemei met representatives from the Israel Economic & Trade Mission, operational- diplomatic arm of the Israeli Ministry of Economy & Industry and the Embassy of Israeli in Kenya to discuss areas of collaboration aimed at further opening up trade and investment opportunities between Kenya & Israeli.

    “The two agreed on the creation of a platform that is expected to lead to the identification and solving of operational obstacles that stand in the way of Israeli businesses thriving and expanding in Kenya.”