Kenya grants British products 25-year free entry in trade pact

KENYA – British companies will get 25-year tax free period to ship goods to Kenya under the trade agreement signed by the two countries. The post-Brexit trade deal with the United Kingdom will, however, open the window for British companies to flood the Kenyan market with finished and unfinished goods that exclude agricultural and industrial products at the expiry of a seven-year moratorium. The details of the trade agreement were revealed by Kenya’s Ministry of Industrialisation, Trade and Enterprise Development as it asked Parliament to ratify the Economic Partnership Agreement…

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Kenya to receive US$72.8m from UK for affordable housing scheme

KENYA – Th United Kingdom has pledged US$72.8 million to Kenya to fund the construction of affordable housing. UK Foreign Secretary, Dominic Raab said that the funding which will come in tranches, is part of the UK government’s support of President Uhuru Kenyatta’s vision of providing 100,000 affordable housing to Kenyans. Of this amount, US$9 million will be from the UK funded InfraCo and another US$63.7 million from private investors, both coming in as part of the UK government’s investment on infrastructure in Africa. “The US$72.8 million deal including US$9million…

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E-health startup secures contract with United Kingdom’s National Health Services for its software

SOUTH AFRICA – Healthcent, e-health startup that is behind the Signapps messaging platform, has won a contract with the United Kingdom’s National Health Services (NHS) to provide its software as a service (SaaS) communication platform for the management of clinical communication to NHS Trusts. NHS Trusts will be able to procure Signapps’ services through a framework agreement which has a list value of GBP3 million (US$4 million) and will run for a period of two years with a potential extension for 12 months. “The contract with the NHS is a…

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Gridserve introduces electric forecourts to bolster uptake of electric vehicles in the UK

UNITED KINGDOM – Gridserve, UK’s leading provider of sustainable energy solutions, has said that the first of a nationwide network of over 100 Electric Forecourts®is now under construction. According to a Gridserve statement, the first electric forecourts would be ready before August and will offer customers ultra-fast, low-cost charging, with an outstanding customer experience. “We’ve designed our Electric Forecourts® entirely around the needs of electric vehicle drivers, updating the petrol station model for a net-zero carbon future,” said Toddington Harper, CEO and founder of GRIDSERVE. The energy company added that…

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Uber partners with Nissan to introduce all-electric cabs in UK

UNITED KINGDOM –  Uber, the world’s largest ride hailing app, has entered into an agreement with Nissan to introduce a fleet of 2,000 Leaf hatchbacks for its drivers. The ride hailing giant said in a statement that the decision was part of a broader push from the company to tackle air pollution by ensuring all of its vehicles in London are all-electric by 2025. The CNBC report quoted Uber as saying that it would offer drivers in the UK electric cars from Nissan at a discount, even as it faced…

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Ghana to sign US$44m agreement with UK to upgrade Kumasi Airport

GHANA – British Prime Minister Boris Johnson and Ghana’s President Akufo-Addo are expected to sign a £40 million (about 44.44 million) agreement this week which will see the construction of a new terminal as part of the upgrade of the Kumasi Airport. The facility which forms part of a pre-financing agreement between the two countries will be disbursed after the UK-Africa summit in London. Speaking to a Ghanaian radio station, UK’s High Commissioner to Ghana Iain Walker said the agreement will position Kumasi as a trade destination in Africa. Walker…

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DIT, Asoko Deal Room to facilitate investments during the 2020 UK-Africa Investment Summit

UNITED KINGDOM —  The United Kingdom Department for International Trade (DIT) has partnered with Asoko Insight, Africa’s leading corporate data provider, to launch a digital Deal Room at the UK-Africa Investment Summit taking place in London on 20 January 2020. The digital DealRoom will take advantage of Asoko’s unique data acquisition model and unrivaled corporate database of over 100,000 private African companies to support the UK’s partnership with Africa to build a secure and prosperous future for all our citizens. “The launch of the digital DealRoom platform at the Summit…

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Liquidation of Thomas Cook’s assets on high gear as EasyJet, Jet2.com buy slots in UK airports

UNITED KINGDOM – British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports, respectively. Thomas Cook’s UK business and airline went into immediate insolvency when the company collapsed in September, and a court appointed an official receiver to liquidate its assets. The collapse of Thomas Cook, the world’s oldest travel company with more than 178 years of operation stranded tens of thousands of passengers as its UK business immediately stopped trading. It also sparked the…

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