Kenya’s Equity Bank, UNDP strike deal to advance innovation and hasten economic growth in Africa

Kenya’s Equity Bank, UNDP strike deal to advance innovation and hasten economic growth in Africa

According to James Mwangi, the collaboration will foster socio-economic development through targeted programmes that advance economic empowerment, reduce poverty, expand access to education and promote financial inclusion, with a strong emphasis on gender equality and climate action.

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Home ownership: Mushroom farm in Kenya grows fungi on industrial scale to make affordable building materials

Home ownership: Mushroom farm in Kenya grows fungi on industrial scale to make affordable building materials

Building a one-bedroom unit in Nairobi using materials such as brick, timber and tin sheets typically costs up to 150,000 Kenyan shillings (about $1,000), for a simple structure, and the figure can double depending on the quality of finishes, according to estimates from builders.

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Scholars: Joblessness is a ticking time bomb Africa must address to avert social and economic chaos

Scholars: Joblessness is a ticking time bomb Africa must address to avert social and economic chaos

The report further indicates that over 800,000 young Kenyans enter the job market annually, yet only a fraction secures formal employment, leaving a majority to turn to informal or gig work to make ends meet.

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