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BusinessTechTechnology

Kenyan Flower Farms Turn waste to clean energy with New Technology

by Kwabe Ben October 13, 2022
written by Kwabe Ben

As Kenyan flower farms grapple with managing waste from discarded flowers and high energy costs to power operations, QUBE Renewables Ltd, a new innovation is providing the solution to the twin problems.

Championed by QUBE Renewables Ltd, a company that turns waste into energy, the technology dubbed anaerobic digestion uses bacteria to break down organic matter and generate biogas that can be used for cooking and generating electricity.

QUBE Renewables Ltd has been working with Oserian Flower Farm to transform heaps of flower waste into energy. The farm, one of the largest Kenyan producers and exporters of flowers, discards up to 1,825 tonnes of waste each year which is either dumped in landfills or composted.

“Although Kenya has a good electricity supply, majority of the population is often off grid especially during the day with a bulk of the people not being able to access clean fuel. QUBE philosophy is to turn people’s problems, like waste, into solutions,” said Jo Clayton the Co-founder and Director of QUBE renewables.

The new system, installed at the farm as part of its long-term focus on sustainability, was built and factory-tested in the UK before being shipped and assembled at the farm using local resources. It is made up of 10 containers with each container acting as an individual digester, 10 batch reactors, a control room, a laboratory and a workshop. Each reactor can accommodate up to three tonnes of flower waste.

“The flower waste is turned into compost. All the greenhouse gases that are produced during the process are released into the atmosphere and that is what the anaerobic digestion tries to tackle. The innovation is thought of as a huge factory-scale project but we try to package it down into something small and neat so that it fits into a shipping container and can be put down anywhere in the world,” added Jo.

The biogas from the containers is converted into electricity and used to power the farm’s packhouses. The other gas is compressed into cylinders and used in Oserian kitchens to prepare meals for workers. Traditionally the kitchens relied on firewood.

“There has been a huge improvement in how we operate in the kitchen. The transition from firewood to biogas has enhanced efficiency and protected our health. This kind of energy is changing our lives and it is our hope now and, in the future,” enthused Hilary Bett a Chef at Oserian Flower Farm.

Beatrice Wachira, the Site Manager at Grants Biotech Ltd agrees: “We are not only providing biogas for cooking purposes. Our main aim is to provide clean energy that can power entire operations at Oserian.”

The innovation comes at a time when the Kenyan flower industry is grappling with exorbitant energy prices that account for up to 40 percent of all production costs. Farms rely on energy to power greenhouses and operate cold rooms among other needs. The high electricity bills coupled with incessant power blackouts have led to huge losses for the farms which have informed their quest for cheaper and reliable alternatives.

The project was supported by Energy Catalyst, an Innovate UK programme that helps early- to late-stage innovators develop market-based technologies and business models that accelerate access to clean, modern and affordable energy in Africa and Asia. Grants Biotech, a Kenyan firm offered technical support and on-site operations while the University of South Wales was the academic partner.

The new biogas technology is timely with the potential for scaling coming at a time when up to 90 percent of the Kenyan rural population continue to rely on wood fuel and kerosene to meet their energy needs exposing them and the environment to harmful effects.

At the same time, agricultural waste remains one of the most abundant biomass resources in the country. It is discarded by burning or being left to rot further harming the environment. And while biogas energy has previously been promoted and embraced, the adoption remains low due to the high cost of installing the production systems.

As the country seeks to address energy poverty and move to a just transition, low-cost clean technologies that tap into local solutions while addressing the waste menace could be the new energy game changer across households and industries.

“Dry digestion in sub-Saharan Africa has a huge potential to utilize agricultural wastes that are otherwise left to rot, which is a tremendous waste of a potential source of energy, given it can provide clean affordable biogas for cooking and local power generation,” said Mark Clayton, the technical director at QUBE.

October 13, 2022 0 comment
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Business

KRA’s ‘Smart Gate’ System to Ease Oil Depot Congestions

by Kwabe Ben October 12, 2022
written by Kwabe Ben

The Kenya Revenue Authority (KRA) barely days after launching the KRA Taxpayers Television which will focus on informing the taxpayer of the services offered by it, has now reached out to ease Oil deports congestion.

KRA has installed the first ‘smart gate’ system in Eldoret Pipeline depot in an attempt to eradicate the long queues of trucks loading and getting cleared to leave.

The smart gate tool is a chip that will transmit truck information, including cargo temperature and the level of content that is relayed to the control room in record time.

Through the Smart gate tool, the transporters can book 24 hours before loading, with pre-checks and verifications done through seals hence will ease the process.

“This will improve fleet management by oil stakeholders since they will be able to book online, enhance traffic control and faster turnaround of trucks at the oil installations, among other benefits,” Mr. Wario — who was accompanied by KRA’s deputy commissioner in charge of cargo and scanners monitoring Susan Wanjohi, Uganda Revenue Authority assistant commissioner in charge of enforcement Julius Nkwasire— explained.

According to Mr. Wario, the agency’s Regional Electronic Cargo Tracking System for monitoring cargo along Northern Corridor.

He emphasizes the Smart gate will be an enabler of trade facilitation as it involves the end-to-end monitoring of transits along the Northern Corridor. Something he says is to be a game changer as the East African Community strides toward trade facilitation within.

“Smart gates will enhance traffic control, faster turnaround of trucks at the oil installations, and easy fleet management by oil stakeholders since they can book online. It will also facilitate proper planning by pipeline officers in terms of expected trucks scheduled for loading, thus ensuring minimum delay since most customs documentation will have been done in advance,” he said.

October 12, 2022 0 comment
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NSE
Business

President William Ruto: Stock Exchange is Critical for Kenya’s Growth

by Kwabe Ben October 11, 2022
written by Kwabe Ben

President William Ruto gracing the Nairobi Securities Exchange (NSE) event earlier on today emphasized his objective of empowering every Kenyan not only monetary wise but also inculcating a saving culture.

NSE was launching market place in Nairobi bearing the solemn role played by the stock market in the nation’s growth. The initiative seeks to revive market activity and boost the NSE stock market’s growth.

According to the president, Kenyans need avenues of investments and developing their capital to be empowered financially.

“My administration intends to not only focus on strengthening and deepening our capital markets to become an alternative source of development capital, but also an alternative form of investment to most Kenyans.”

President Ruto revealed his sole goal of enabling the mama mboga and boda boda guy to venture in the stock market business.

“I look forward to many Kenyans buying, selling and growing their wealth using NSE. I also look forward to the time when a boda boda guy or a mama mboga will trade on their phone as he or she awaits for the next customer instead of betting,” he stated.

Venturing on a course of making Kenya Great again, the president has urged on the importance of self-reliance as a nation and Enhanced Stock market he believes will assist solve the debt crisis.

“I came here deliberately because I believe the stock market has the capacity to help us raise capital. “There is demonstrable evidence that within this market there is potential for us to raise the resources that today we are struggling to raise using debt instruments. We can get those resources from the people of Kenya through stock exchange,” the president stated.

President William Ruto attending the occasion is a brick moved in history since the late President Emilio Kibaki, hence gives an impression of probable soaring of the economy.

Further the president revealed that he would ease the business transactions and iron out issues that are proving a hindrance for the sector.

“I encourage the private sector companies to work together with the Capital Markets Authority (CMA) and the NSE to list. For those that are reluctant to list because of issues around tax, we will work together with them to deal with any impediments,” Ruto stated.

 

October 11, 2022 0 comment
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Business

Investors From Egypt Eyes Kenya’s Manufacturing Sector

by Kwabe Ben October 7, 2022
written by Kwabe Ben

The Egyptian business community is keen to invest in Kenya’s manufacturing sector to boost the industrialization agenda of the east African nation, a government official said on Wednesday.

Khaled el Abyad, Egyptian Ambassador to Kenya said in Nairobi, that bilateral investment and trade partnerships need to extend beyond the traditional agricultural products.

“Egyptian companies are exploring opportunities such as joint ventures, technology, and skill transfer programs with their Kenyan counterparts, especially in the area of manufacturing,” Abyad said during the Egypt-Kenya business bridge forum.

An Egyptian trade delegation of 30 companies is on a two-day visit to Kenya to engage in bilateral meetings with their Kenyan counterparts. The delegation includes companies from building materials, iron and steel, cement, glass marble sanitary ware, and chemicals sectors.

Sylvia Kaburu, Deputy Director of International Trade at Kenya’s Ministry of Trade, Investment and Industry, said that the government can develop a competitive manufacturing sector through partnerships with foreign industrialists.

Kaburu noted that Egypt is Kenya’s second most important source market for imports in Africa after South Africa and the third largest buyer of Kenya’s goods after Uganda and Tanzania.

October 7, 2022 0 comment
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BusinessNewsWomen in Business

Linda Ndung’u Appointed As Bolt Country Manager

by Ndungu Brian October 6, 2022
written by Ndungu Brian

Bolt has appointed Linda Ndungu as the new Country Manager in Kenya effective October 1, 2022.

Linda will be tasked with optimizing business operations to facilitate growth, strategy development and executįon, and program implementation. She will spearhead overall operational excellence to ensure quality and affordable service delivery.

“We are thrilled to have Linda join the Bolt team as the new Country Manager for Kenya. We look forward to working with her as she leads the team, and takes our business to the next frontier. Linda brings to the company great expertise and understanding in developing, managing, and growing SMEs as well as large-scale enterprises within the East African market and beyond. We are confident that she will infuse this expertise to ensure that we continue offering affordable, quality and safe services to all our business partners,” said Kenneth Micah, Regional Manager for ride-hailing, Eastern Africa.

Prior to joining Bolt, Linda worked with Coca-Cola, Instiglio, and Deloitte. She has a Bachelor of Commerce, Marketing from the University of Nairobi, and she is a also Certified Public Accountant (CPA).

Speaking on her appointment, Linda stated her plans to work closely with all internal and external stakeholders to grow a business focused on quality, convenience and affordable service delivery to customers.

“I am delighted to join Bolt and I am committed to progressively work with the team to deliver quality, reliable and affordable services to our customers. I will continue to champion the provision of safe ride-hailing services in Kenya, whilst creating entrepreneurial opportunities that enable more people to earn a sustainable living,” said Linda Ndungu, Country Manager, Kenya.

October 6, 2022 0 comment
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Green spaces top real estate trends at the 32nd Kenya Homes Expo
Lifestyle & EntertainmentProperty & Real Estate

Green spaces top real estate trends at the 32nd Kenya Homes Expo

by Oloo Winnie October 6, 2022
written by Oloo Winnie

Green spaces are fast gaining popularity in construction as developers incorporate natural elements as city dwellers demand balanced lifestyles.

The need has been spurred by the work-life routines in busy urban centres where homeowners prefer to retire in a relaxed atmosphere.

Daniel Ojijo, a real estate event organizer of the biggest homes expo, said that the trend may take a center stage in the new developments of urban house planning.

“We are seeing that many homeowners are looking for that hospitality aspect for the homes they want to purchase, so the atmosphere must really feel welcoming, this aspect will set a major impact on how residential and office space are constructed in many years to come,” says Mr Ojijo, the organizing chair for the Kenya Homes Expo.

The trend has also led to expansion in the property management sector where they are charged with taking care of such environments.

A manager at VillaCare, a real estate management firm said that there is an increased demand for landscaping services in city-up markets spearing the need for professionals in the real estate field.

“Recently we increased our workforce to cater for sustainable living as tenants recognise the benefits of healthy living environments. City planners, governments, and ordinary citizens are only just beginning to appreciate the tangible benefits of green spaces and take advantage of opportunities for improving quality of life in urbanized areas,” he says.

Phycologists say that interaction with natural spaces offers a variety of mental, physical and social benefits for homeowners ranging from stress reduction and quicker healing. In helping mitigate the effects of busy lifestyles, urban planners have sought motivation from nature.

Several research findings that people living in areas with higher population densities are more likely to experience mental health disorders. The World Health Organisation report that urban dwellers are more vulnerable to the extreme impacts of high-paced urban routines. Overcrowding, pollution, urban violence and less social support are contributing factors.

Access to nature has also been found to improve sleep and reduce stress, increase happiness and reduce negative emotions, promote positive social interactions and even help generate a sense of meaning to life.

Green spaces create landscapes that are inclusive, healthy, resilient, and sustainable and require investment choices.

The 32nd Edition of the Kenya Homes is expected to feature a range of properties highlighting the innovative trends in the building sector. The event will see leading developers and experts converge at a four-day affair at the KICC this October 20th-24th to share investment avenues.

October 6, 2022 0 comment
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CIC Group launches CoopCare medical cover for cooperatives
BankingBusinessHealthNews

CIC Group Launches CoopCare Medical Cover For Cooperatives

by Ndungu Brian October 6, 2022
written by Ndungu Brian

CIC Group has launched a medical product specifically for cooperatives in Kenya, named CoopCare.

The cover will cater to cooperative members and their affiliates with a minimum membership of 10 principal members. The maximum joining age will be 70 years.

CoopCare will cover inpatient, outpatient, maternity, dental, optical, and last expenses for cooperative members within Kenya.

CIC Group Chief Executive Officer Mr. Patrick Nyaga said that in an ecosystem that is highly dependent on cooperatives, it is prudent to provide solutions that extend financial protection to members by reducing their exposure to risk in different facets, including healthcare.

“Cooperatives are a huge enabler of financial inclusion and hold over 14 million members. Used as a tool for savings and investments, cooperatives not only increase financial access but also provide a platform for communal growth. The CoopCare cover has been designed to reduce or eliminate member risk exposure through an affordable, accessible medical insurance product.’’

CoopCare will cover inpatient, outpatient, maternity, dental, optical and last expense benefits. Beneficiaries will have the option of purchasing inpatient only or both inpatient and outpatient covers.

The cover includes benefits of up to Ksh. 300,000 inpatient, Ksh. 50,000 in outpatient, Ksh. 25,000 in maternity Ksh. 7,500 for dental and optical and Ksh. 50,000 for the last expense.

The product includes selected a low-cost provider panel that has mission hospitals and low-cost private hospitals. Members can take up the product as a family package allowing up to six dependants (M+6) or as a Member only (M+0). Any family beyond the member and six dependants category will attract a minimal additional premium to cover the extra dependants. Premium rates range from Ksh. 2,500 to Ksh. 36,000 per year depending on the package.

October 6, 2022 0 comment
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KNCCI
Business

KNCCI Boss Ngatia Seeks to Rescue 43 Bars, Clubs from Closure

by Kwabe Ben October 5, 2022
written by Kwabe Ben

Following the decree by Nairobi City Council Liquor Licensing Board toward the closure of up to 43 clubs and bars over noise pollution allegations, the revoking of licenses had commenced but were stopped.

The president of Kenya National Chamber of Commerce and Industry (KNCCI) Richard Ngatia, has intervened to deal with the situation of closure for the bars.

In his twitter handle the chambers president called for dialogue in dealing with the matter rather than killing businesses which would mean loss of jobs for numerous people.

“Following the order by Nairobi City County Council Alcoholic Drinks Control and Licensing Board to revoke liquor licences of 43 clubs over noise pollution, I intervened with the board & it was agreed all bar owners shall be invited to dialogue to discuss a suitable agreement to protect business owners & residents,” Ngatia tweeted.

Mr Ngatia said the move was not so called for as he insisted that KNCCI is subsequently aimed at protection of businesses hence the call for embracing dialogues to deal with the situation at hand.

Claims against the bars and clubs included violation of numerous regulations, noise pollution, selling of banned shisha and operation in residential areas.

“The board agreed not to close any bars till such dialogue has ensued. We urge all bar owners to follow the law as regards noise pollution in residential areas & ensure roads are not congested by their patrons,” he added.

Some of the clubs named for closure are; Loft, Orchid Lounge, Oyster Bay, Dejavu, Onyx, Kettle House Bar and Grill, Ibury, Samaki Samaki, Numero 5, Castle Inn Gardens, Viva Lounge, Ibury, Eden Bliss, Bar Next Door, Clique Lounge, Pioneer Resort.

Edus bar, Garden, Coyote, Tipsy lounge, Komesha club, Marula Manor Garden, Havens lounge, Hera Aqua Garden, Enzone, Onix, La Baite, Tipsy lounge, Vineyard, coco rico, Vineyard, Paris, Castle Inn Gardens, Coco Rico, Memphis bar, Quiver and restaurant and Bwibo.

 

October 5, 2022 0 comment
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Zamara
Business

Zamara Launches Online Portal to Boost Insurance Uptakes

by Kwabe Ben October 4, 2022
written by Kwabe Ben

Pension fund administrator Zamara Group has unveiled an online portal that will allow customers to buy insurance policies and investment plans.

Alias e-Zamara, the portal will allow clients to buy policies such as motor insurance, retirement plans, domestic packages, travel insurance, and last rites from the comfort of their homes and offices.

“e-Zamara is about responding to the needs and the demands of the tech-savvy generation.” Needs that include the loss of job insurance, credit life insurance, and golfer’s insurance.

The platform will enable customers to make insurance calculations, compare prices and choose policies and investment plans from a wide array of insurance firms.

Zamara Group chief executive officer (CEO) Sundeep Raichura said the new platform targets young people who are mostly uninsured.

“Customers are definitely asking for more simplicity, choice, transparency as well as easier access to insurance and financial products,” the CEO said, adding that the current insurance industry is complicated and fragmented, making it hard for young people to get insurance policies.

The launch comes at time insurance brokers and companies are shifting to digital spaces to woo underserved and unserved consumers.

In October 2021, the Insurance Regulatory Authority (IRA) said that insurance penetration in Kenya dropped to 2.43 percent of Gross Domestic Product (GDP) in 2019, which was the lowest point in 15 years down from its 3.44 percent peak in 2013.

In boosting its digital strength, the firm announced that it would invest about 100 million over the next three years in technology as per its 2022-2025 strategic plan.

“The digital transformation of the insurance industry will require a considerable amount of capital to invest. However, investing in digital technology will be necessary if insurers are to stay relevant to consumers, “ Raichura said.

October 4, 2022 0 comment
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KCB Bank partners with BasiGo to finance purchase of electric buses
BankingBusinessFinance & BankingIndustry

KCB Bank Partners With BasiGo To finance Purchase Of electric buses

by Ndungu Brian October 4, 2022
written by Ndungu Brian

KCB Bank Kenya has partnered with BasiGo Ltd to provide customers with access to financing to buy electric buses.

KCB customers will be able to access financing to buy BasiGo electric buses. KCB SAHL Banking customers, who are under the Shariah-compliant banking model, will also be able to purchase electric buses from BasiGo at affordable rates.

The partnership will see customers enjoy up to 90% funding with an extended repayment period of 36 months. In addition, customers will have access to embedded tracking, and fleet management gadgets already installed on the electric bus plus insurance financing. They will also get battery charging, service, and maintenance, provided by BasiGo.

“The key to getting electric buses on the road in Kenya is to make them affordable to PSV owners. The partnership we have signed today with KCB Bank is game-changing. It will allow bus owners to secure asset financing for an electric bus exactly in line with how they have been purchasing diesel buses.,” said Jit Bhattacharya, CEO and Co-Founder at BasiGo.

“With KCB’s pioneering support for this technology and BasiGo’s Pay-As-You-Drive financing, we have made electric buses more affordable and more convenient for owners to purchase and operate than a diesel bus.” added the CEO

BasiGo’s electric buses are available to purchase on a blended sale or operating lease model. Under this model, the bus is available to purchase from Ksh. 5,000,000, with BasiGo retaining ownership of the battery within the bus. The battery is subsequently leased to the PSV operator via the Pay-As-You-Drive (PAYD) subscription.

BasiGo currently offers Pay As You Drive subscriptions at a price of Ksh 20 per kilometer driven through the subscription. BasiGo mitigates the risks to PSV operators by guaranteeing battery performance and providing all charging and maintenance for the bus throughout its lifetime.

Speaking during the event, KCB Bank Director of Corporate Banking, Esther Waititu noted that the arrangement is in line with the Bank’s vision to leverage partnerships that seek to provide value to its customers.

“Entrenching sustainability in our operations means that we always consider our economic, social and environmental impact before we make any decision on partnerships and collaborations. We are delighted to partner with BasiGo as this reflects our commitment to supporting key customers to derive value from their long-standing loyalty,” Waititu said.

October 4, 2022 0 comment
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