Uk Aids Rural Kenya with $2.2 million Worth of Solar Plants, Ecobank to Empower Nigerian businesses with ‘Omini-Lite’ and More

Hi guys,

Welcome to fresh edition on the Big 5 Daily.

Here’s today’s compilation

We have news that, The UK Government, through a private infrastructure development group, InfraCo Africa, is investing Ksh. 220 million (US$2.2m) in the development of two solar plants in rural Kenya. Harriett Baldwin, the UK’s Minister for Africa, announced the commitment by InfraCo Africa to develop two solar plants in Samburu and Transmara, Kenya. This was announced at an event in London. The solar plants will each have a capacity of 10 MWAC, to give more people access to affordable, clean energy. The Samburu and Transmara projects will directly contribute to achieving clean energy in Kenya.

Moving on, GreenTec Capital Partners, a Frankfurt based venture capital firm has announced the launch of the GreenTec Capital Africa Foundation– an NGO that aims to promote investment in African entrepreneurship. The Firm said the foundation will be led by CEO Thomas Festerling- as they intend to create an economic and social-added value. The Investors stand to benefit from shared knowledge and expertise on investments in African entrepreneurship through partnership with the foundation.


See also: Nigeria’s Thrive Agric Picked for YCombinator’s 2019 Winter Batch, France to Invest in African Entrepreneurship Innovation with £2.5 billion by 2022 and more


There is also news that, Ecobank has upgraded its online banking platform to specifically grow local corporates, public sector and SMEs. Called Omini Lite, the upgraded platform allows SMEs, educational institutions, NGOs and government institutions to manage their transactions and access a collection of spot-on solutions designed to empower their businesses. It allows customers to access real-time transaction details, domestic and interbank funds transfers and online loan requests. It has high security tools to ensure that users are protected.

Next on the Big 5, Enrolment for the 2019 Oracle Graduate Leadership programme has commenced with 28 students already confirmed, with an even split of females and males. This year’s program started on 15th March and will end on 1st of April. The Programme is spread over a period of one year and offers a blended learning approach, combining classroom training with e-learning and structured on-the-job training. Oracle South Africa sponsors the full cost of training for all programme participants.

Finally, on the Big 5, Liquid Telecom and Microsoft Gold has partnered to provide hybrid cloud solutions across Africa. Liquid Telecom brings cloud-optimized connectivity offering- the benefits of low latency, high capacity and resiliency to businesses across Africa. With the availability of Microsoft’s Azure regions in South Africa, the customers will able to access a hybrid cloud solution residing within South Africa, Zimbabwe, Tanzania, Kenya, and Rwanda.

That’s it for the Big 5 Daily.

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