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 Investment Bank (EIB) has invested €20 million in the Amethis Europe Expansion Fund, a new private equity initiative that will help European small and medium-sized enterprises (SMEs) grow their presence in Africa, Europe, and the Middle East.

Early-stage venture capital firm P1 Ventures has successfully closed its first institutional fund, securing $50 million to invest in promising technology startups across Africa.

Intella, the Egyptian-founded leader in dialectal Arabic speech AI, has raised US$12.5 million in a significantly oversubscribed Series A funding round.