The Empower Africa Business Platform is Now Live !!!
The state-of-the-art facility is a joint venture between local telecommunication companies and international device manufacturers.
The initial mobile phone models at the launch will include the 4G-capable Neon 5-inch “Smarta” and the 6-and-a-half-inch “Ultra”.
These smartphones will be accessible across the entire nation, with distribution points at Faiba stores, dealer outlets, Safaricom branches, and the online Masoko platform.
EADAK CEO Joshua Chepkwony emphasized that this assembly plant aligns with the government’s goal to promote digital inclusion within the country.
The factory is expected to create between 300 and 500 direct job opportunities.
The launch of EADAK is a significant development for Kenya’s economy and its citizens. The facility will create jobs, boost domestic production, and make smartphones more affordable for Kenyans.
The new smartphone assembly plant is also a positive development for the region as a whole.
It is the first such facility in East Africa, and it is expected to attract other investors to the region.

The European Bank for Reconstruction and Development (EBRD) is considering an investment of up to €40 million in Amethis MENA Fund III, a new private equity vehicle focused on supporting the growth of small and medium-sized businesses across North Africa and parts of the Middle East.

The African Development Bank (AfDB) has approved a $15 million equity injection into Adenia Entrepreneurial Fund 1 (“AEF 1”), a private-equity vehicle managed by Adenia Partners.

The development-focused arm of the European Investment Bank (EIB Global) has agreed to contribute $80 million to the RMBV North Africa Fund III, reinforcing efforts to strengthen the private sector in Egypt and the broader North African region.