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.
Lipa Later, a Kenyan fintech startup that provides buy now, pay later (BNPL) financing solutions, has secured $5 million in debt funding.
The UK government, in partnership with FSD Africa, has unveiled a KSH 667 million ($5.2 million) initiative to improve financing access for small and medium-sized enterprises (SMEs) in Kenya.
The Mastercard Africa Growth Fund has announced investments in three Africa-focused investment firms: Chui Ventures, VestedWorld, and SME Impact Fund.
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