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Standard Chartered give Ksh.1M in funding to 5 businesses in the Women in Tech program


Standard Chartered give Ksh.1M in funding to 5 businesses in the Women in Tech program
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Standard Chartered Bank has awarded 5 businesses Ksh. 1,000,000 each in the end of the 4th cohort of the Standard Chartered Bank Women in Tech incubation program. The businesses awarded as part of the Women in Tech program which is run in partnership with @iBizAfrica, a business incubator at Strathmore University.
The winning firms include:
Ecila Films which produces films of authentic African stories
Ufasiri Halisi SLI Innovations Limited which focuses on revolutionizing assistive technology for the deaf and hard of hearing
The Viwanda Africa Group which improves flight safety through a cloud-based AI platform for aircraft maintenance and spare parts planning ....

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Home nurses in demand


Home nurses in demand
Sunday May 02 2021
Kenyans healing from virus hire nursing assistants to help monitor oxygen levels and body aches. PHOTO | SHUTTERSTOCK
By PURITY WANJOHI
Summary
Dealing with coronavirus at home, and the old and terminally-ill fear of visiting hospitals force Kenyans to hire nurse aides, creating new jobs.
On a Sunday in Nairobi’s Karen, a nurse walks into a home with Covid-19 patients. She is given new gloves, two masks, protective gear (PPE suit and a face shield mask.)
Three of the family members have coronavirus with mild to severe symptoms and are isolating at home.
She then walks to each bedroom to check the patients’ temperatures, oxygen levels and sore throats. After ensuring that they are recuperating well, steaming daily, and taking Vitamin C and Zinc supplements, she leaves and comes after two days to the same routine. ....

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Standard Chartered Bank Enhances Financial Inclusion


Commenting during the announcement, Kariuki Ngari Chief Executive Officer, Standard Chartered Bank, said, “through our Women in Tech incubation program – now in its fourth cohort, we learned that the biggest impediment of most women-led businesses was access to financial products and services.”
“Growing a business from its inception is critical especially for women in enabling poverty alleviation and helping build better livelihoods for their families and the society at large. By making it easier for women to access financial aid, we are giving them opportunities for success,” Kariuki added.
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Most Women-led enterprises are unsuccessful in securing finance as a result of high collateral requirements and failure by lenders to understand their business opportunity. The initiative will provide entrepreneurs access to interest-free and collateral-free loans. Additionally, the bank has lined up training and engagement sessions with the WiTs to drive ba ....

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