Climate Finance

Why technology could be a tipping point for insurance uptake

By Prudence Khamati Insurance for most Kenyans, is a grudge purchase – something people reluctantly buy because it is mandated, not necessarily because they see its value. This has contributed to a low insurance penetration rate of under 3%, according to the Insurance Industry Annual Report 2023 by the Insurance Regulatory Authority (IRA), significantly below […]

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Haco Industries Makes Major Green Shift with 41% Solar Energy Use

Haco Industries has installed a multi-million solar PV System in partnership with NCBA Leasing, and renewable energy leader Ofgen Africa. The newly installed roof-mounted, grid-tied 181kWp (DC)/130kWp (AC) Solar PV system is expected to see Haco Industries achieve a 41 per cent reduction in electricity bills, generating significant cost savings that can be reinvested into

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