Simba Corp’s Associated Vehicle Assemblers is investing Sh1 billion in a dedicated EV assembly line in Mombasa.
The move includes new equipment and training as demand for electric vehicles grows.
The ocean carries 80% of global trade and feeds more than 3 billion people, yet receives just 1% of official development assistance.
With Africa’s blue economy already worth $300 billion annually and projected to exceed $400 billion by 2030, the challenge is not recognising its value. It is investing where it matters most.
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Nassim Taleb sat down with Daniel Kahneman - two of the sharpest minds on risk ever - and the takeaway was blunt: stop trying to be smart
Kahneman's prospect theory explains why almost nobody can do what Taleb does
We're wired to hate the steady trickle of small losses his strategy needs - even when one huge win more than pays for all of them
So you structure it the other way: tiny safe bets plus a few wild ones, never the comfortable middle.
"You'd rather be antifragile than intelligent - any time."
"Trial and error is really just trial with small error."
"Make your gains in small bites. Take your losses all at once."
~1 hr, free. two legends on risk, prediction, and how to win without forecasting ↓
China’s largest electric two-wheeler manufacturer, Yadea, has entered the Kenyan market with a range of electric motorcycles as it seeks a share of the country’s fast-growing e-mobility sector. https://t.co/FJHC2r9qXD