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    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Uhuru: My desire is to provide jobs for the many unemployed youth

    Uhuru charms youths with Sh1.3 billion kitty

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    Huawei and ICT Authority to provide Digital training to young Kenyans

    Huawei and ICT Authority to provide Digital training to young Kenyans

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

  • Markets
    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    BAT’s PR agency in trouble for trying to bribe a reporter

    BAT’s PR agency in trouble for trying to bribe a reporter

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

  • Real Estate
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Kenyan Firm awarded Most Innovative Community Developer 

    #OmokaNaAlma: This is how you get awarded Sh50,000 by Cytonn Real Estate

    Developing Countries Set To Lose Sh22 Trillion Due to COVID-19

    Commercial office rents fall 13pc in quarter 3 & 4 of 2020

    New Construction Technology to help NHC deliver affordable homes

    New Construction Technology to help NHC deliver affordable homes

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    New Ksh350Million Commercial centre to be constructed in Athi River

    New Ksh350Million Commercial centre to be constructed in Athi River

    Greenpark Estate injects Ksh15M to its development

    Greenpark Estate injects Ksh15M to its development

    LG’s OLED Honoured at the Technology and Engineering Awards

    LG’s OLED Honoured at the Technology and Engineering Awards

    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

  • Tech
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Mobile Phones contribute to the realisation of UN SDGs – 2020 GSMA report says

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    Nokia to launch its low cost smartphones in Kenya

    Nokia to launch its low cost smartphones in Kenya

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    Housing Finance launches new money transfer service

    Housing Finance launches new money transfer service

  • World Business
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    World Engineering Day to Be Celebrated in Kenya

    World Engineering Day to Be Celebrated in Kenya

    How NASA Technology Can Help Save The World’s Largest Shark

    How NASA Technology Can Help Save The World’s Largest Shark

    After fight with US Authorities Huawei CEO now want talks with Biden

    After fight with US Authorities Huawei CEO now want talks with Biden

    Ford Vehicles to be powered by Android and Google apps in new deal

    Ford Vehicles to be powered by Android and Google apps in new deal

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    DHL Express Named Best Employer in The World

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    Kenya to receive Ksh 1 billion from Google for economic recovery

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    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    DTB Bank set to shut down 6 branches

    DTB Bank set to shut down 6 branches

    • Agribusiness
    • Banking
      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      DTB Bank set to shut down 6 branches

      DTB Bank set to shut down 6 branches

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      Housing Finance launches new money transfer service

      Housing Finance launches new money transfer service

      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

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    • Insurance
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    • Manufacturing
    • Opinion
      IoT predictions for 2021: Smarter tech will make better business

      IoT predictions for 2021: Smarter tech will make better business

      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

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      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

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      Crisis as young Kenyans now embrace Crime as lifestyle

      Crisis as young Kenyans now embrace Crime as lifestyle

Kenyan Business Feed
  • Home
  • News
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Uhuru: My desire is to provide jobs for the many unemployed youth

    Uhuru charms youths with Sh1.3 billion kitty

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Raila and Ruto to work together before 2022 Moses Kuria reveals

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    Huawei and ICT Authority to provide Digital training to young Kenyans

    Huawei and ICT Authority to provide Digital training to young Kenyans

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

  • Markets
    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    CBK reveals Kenyans abroad sent Ksh30.5B in remittances in January

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    Delight for Bailey’s Drinkers despite Ravages of Pandemic

    BAT’s PR agency in trouble for trying to bribe a reporter

    BAT’s PR agency in trouble for trying to bribe a reporter

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    ‘Bei Poa Kitchen’ initiative to provide affordable meals to people in Nairobi

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Businesses to benefit from Ksh1.6 Billion in Aid from DTB

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

    Safaricom to borrow Ksh50 billion for expansion into Ethiopia

  • Real Estate
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    Kenyan Firm awarded Most Innovative Community Developer 

    #OmokaNaAlma: This is how you get awarded Sh50,000 by Cytonn Real Estate

    Developing Countries Set To Lose Sh22 Trillion Due to COVID-19

    Commercial office rents fall 13pc in quarter 3 & 4 of 2020

    New Construction Technology to help NHC deliver affordable homes

    New Construction Technology to help NHC deliver affordable homes

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    NCBA partners with Shelter Afrique to finance properties in 5 counties

    New Ksh350Million Commercial centre to be constructed in Athi River

    New Ksh350Million Commercial centre to be constructed in Athi River

    Greenpark Estate injects Ksh15M to its development

    Greenpark Estate injects Ksh15M to its development

    LG’s OLED Honoured at the Technology and Engineering Awards

    LG’s OLED Honoured at the Technology and Engineering Awards

    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

  • Tech
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Mobile Phones contribute to the realisation of UN SDGs – 2020 GSMA report says

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Opera launch its new Chat App to rival WhatsApp

    Opera launch its new Chat App to rival WhatsApp

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    Nokia to launch its low cost smartphones in Kenya

    Nokia to launch its low cost smartphones in Kenya

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    LG’s 2021 TV Line-up Promises Ultimate Home Entertainment

    Housing Finance launches new money transfer service

    Housing Finance launches new money transfer service

  • World Business
    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    World Engineering Day to Be Celebrated in Kenya

    World Engineering Day to Be Celebrated in Kenya

    How NASA Technology Can Help Save The World’s Largest Shark

    How NASA Technology Can Help Save The World’s Largest Shark

    After fight with US Authorities Huawei CEO now want talks with Biden

    After fight with US Authorities Huawei CEO now want talks with Biden

    Ford Vehicles to be powered by Android and Google apps in new deal

    Ford Vehicles to be powered by Android and Google apps in new deal

    Columbia Africa banks on primary and preventive healthcare to grow market share

    Columbia Africa banks on primary and preventive healthcare to grow market share

    DHL Express Named Best Employer in The World

    DHL Express Named Best Employer in The World

    Meet the founder of Safari Doctors Umra Omar

    Meet the founder of Safari Doctors Umra Omar

    Kenya to receive Ksh 1 billion from Google for economic recovery

    Kenya to receive Ksh 1 billion from Google for economic recovery

  • KBF
    • All
    • Agribusiness
    • Banking
    • Insurance
    • Manufacturing
    • Opinion
    17% of Kenyan Billionaires looking to buy a house in 2021

    17% of Kenyan Billionaires looking to buy a house in 2021

    OPPO Announces Global Partnership with Volkswagen

    OPPO Announces Global Partnership with Volkswagen

    2 Kenyans selected to create African Inspired stickers for New Chat App

    2 Kenyans selected to create African Inspired stickers for New Chat App

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

    KPA Extends Date for Regional Maritime Awards Entries

    KPA Extends Date for Regional Maritime Awards Entries

    realme awards fans to Valentines through DaretoLove Campaign

    realme awards fans to Valentines through DaretoLove Campaign

    Kenya still at risk of plastics despite UN Nod

    Kenya still at risk of plastics despite UN Nod

    IoT predictions for 2021: Smarter tech will make better business

    IoT predictions for 2021: Smarter tech will make better business

    DTB Bank set to shut down 6 branches

    DTB Bank set to shut down 6 branches

    • Agribusiness
    • Banking
      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      DTB Bank set to shut down 6 branches

      DTB Bank set to shut down 6 branches

      Secure your future by saving with Metropolitan National Sacco

      Housing Finance launches new money transfer service

      Housing Finance launches new money transfer service

      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

      Businesses to benefit from Ksh1.6 Billion in Aid from DTB

      Leak: 53 Kenyan banks, individuals Named in FinCEN Files For Illegal Sh6 Trillion Transactions

      Impending layoffs at Absa Bank Kenya Plc

      Family Bank opens its 92nd branch

      Family Bank opens its 92nd branch

      Kenyan shilling dips to a 2-year low against the US dollar

      Formation of Sacco Fraud Investigation Unit timely

      73% of female journalists likely to experience Sexual Harassment at work

      Accountants and finance professionals less likely to be harrased at work says report

    • Insurance
      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Faulu Bank to lend Ksh 3 billion to SMEs to boost growth

      Pension Schemes Maintain Positive Performance in Q4 of 2020

      Pension Schemes Maintain Positive Performance in Q4 of 2020

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      Exposed: Insurance Company on The Spot for Fruatrating clients

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      Octagon feted in 2020 World Pension Summit Innovation Awards

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      What do you need to know before purchasing car insurance?

      National Bank of Kenya Bags Global Recognition

      National Bank of Kenya Bags Global Recognition

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      DIB Awarded Best Islamic Bank in Kenya

    • Manufacturing
    • Opinion
      IoT predictions for 2021: Smarter tech will make better business

      IoT predictions for 2021: Smarter tech will make better business

      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

      Digital Services Tax a desperate move caused by bad governance

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

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      How Citizen TV Became The Most Watched in Kenya

      This is the new Safaricom logo

      Fail or win? Mixed Reactions over Safaricom’s new logo

      After fuliza, Safaricom introduces another way to borrow money

      OPINION: Why Safaricom’s Fuliza is a rip off!

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      Crisis as young Kenyans now embrace Crime as lifestyle

      Crisis as young Kenyans now embrace Crime as lifestyle

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Kenya’s position as a Digital Media Hub gaining momentum

by Neymar
January 28, 2021
in KBF, Markets, News, Real Estate
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The Government through the Ministry of ICT, Innovation and Youth Affairs in collaboration with South Korean government has launched a feasibility study for the Konza Digital Media City (DMC) project that is being implemented at the Konza Technopolis with the support of Korea-Exim Bank the official export credit agency of South Korea.

This follows the successful implementation of a pre-feasibility study of the project which was completed in August 2019. The program is being implemented by the Konza Technopolis Development Authority (KoTDA) with financial support from the South Korean Government through the Korea Trade Investment Promotion Agency (KOTRA). This is under the Knowledge Sharing Program (KSP) that was launched in 2018, a platform for development cooperation, by Korea aiming to share knowledge with partner countries and develop a solid foundation for the expansion of economic and political cooperation.

Speaking during an online launch event, ICT & Innovation Principal Secretary Mr. Jerome Ochieng’ said that the project is aimed at creating a media hub that will support the creative sector in the country through offering training, research and innovation.

“Under the DMC project is a proposal to develop a media hub at Konza Technopolis whose main objective is to promote the development of the creative and cultural sector to be a key economic driver for the nation and the region in general. The project is envisioned to provide an ecosystem that promotes training, research and innovation in the digital media and entertainment industries in Kenya and the African region,” he said.

PS Ochieng’ further said that the digital media city is a fast-growing sector that has the potential to propel the economy, noting that the project once completed will help create job opportunities for the Kenyan youth and support the economy.

“Media and Entertainment industry is among the sectors of the economy with a promise of faster growth and a huge contribution to youth employment and economic development. Looking into the future, once completed the project is estimated to generate about 47,000 job opportunities with considerable economic impact of approximately USD$ 165.7 million to surrounding communities, regions and the national economy,” added Mr. Ochieng’.

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He further noted that the project’s feasibility study which is supported by a grant from the Export Import Bank of Korea is progressing well and is currently at the midterm stage despite the COVID-19 Pandemic.

The program will cover policy recommendations for marketing strategies, the designing of the curriculum for digital media content development specifically for gaming and animations segments, a study on KoTDA’s capacity development strategy as well as training to strengthen the capacity of digital media content development.

The South Korean Ambassador to Kenya, Choi, Yeong Han said South Korea said knowledge sharing is vital as it helps in building close partnerships.

“We will continue to share with Kenya our best practice in various areas of cooperation. We will use this opportunity to expand views and also build networks,” he added.

On his part, Dr. Jihed Jemai, a researcher at IFRE Consortium said Kenya has a potential market of 200 million Swahili speakers and once the Digital Media City project takes off, it will have positive and commercial impact.

KoTDA Chief Executive Officer, Eng. John Tanui said the Authority was pleased to host this key project that will further enhance cooperation with the South Korean Government.

The Digital Media City, he added, will open up opportunities in gaming, animation and photography, among others.

Also present during the launch was Dr. Hiram Mucheke, Director Kenya Institute of Mass Communication (KIMC). Also in attendance were representatives from the Communication Authority of Kenya, Kenya Film Commission and Kenya Broadcasting Corporation (KBC) among others.

South Korea initiated the Knowledge Sharing Program (KSP) as a development cooperation project that aims to support partner countries achieve sustainable socio-economic development based on Korea’s development experience. The program provides support to countries in the form of policy research, advisory and training programs for capacity building that are customized to their development phase and needs.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]

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