“14 years ago, we launched M-Pesa to connect our customers to each other and to different opportunities. We are delighted to celebrate this remarkable milestone with our more than 50 million customers across the continent,” Sitoyo Lopokoiyit, the M-Pesa Africa managing director, said in a statement.
“We affirmed the need for cooperation with bilateral commitment at global levels to deal with pandemics of this nature now and in the future. Both Zimbabwe and Kenya are committed to enhance cooperation towards mitigating the adverse effects of climate change and other environmental issues,”
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“We believe access to markets motivates farmers to increase production.”
The firm, which has spent more than $1 billion to prospect for oil and develop wells in Kenya, has seen its annual spending fall significantly over recent years as it continues to shift focus from exploration to production.
“As we phase out fossil we should look into the use of alternatives such as electric-powered vehicles, which means zero carbon emissions. Unfortunately, it is not practical to switch over and hence the need for phasing out and including blending with biodiesel,”
“This historic occasion now puts us on the path to achieving first oil in 2025 as agreed in April 2021,” said Minister of Energy and Mineral Development Ruth Nankabirwa.
” Our meetings in Rwanda will give us a real opportunity to reaffirm the values that bind the Commonwealth together and focus on vital issues, including the recovery from the COVID-19 pandemic, tackling climate change and poverty, boosting trade and promoting sustainable development – all issues that can only be dealt with decisively through multilateral cooperation and mutual support”. Secretary-General Scotland
The report notes that domestic investments have become the key development strategy for the EAC.
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