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.
French development finance institution Proparco and South African investment manager 27four have announced a joint investment of R550 million (USD 28.7 million) in Divercity Urban Property Group.
Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has provided a $500,000 working capital loan to Agriarche, a company focused on improving market access for smallholder farmers in Nigeria.
The International Finance Corporation (IFC), a member of the World Bank Group, is considering a significant investment in a Moroccan venture capital fund that targets emerging technology companies in North and West Africa.
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