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Kenya

Joint Venture Guidelines under the Competition Act No. 12 of 2010

  The Competition Authority of Kenya to Clarify the Rules and Filing Requirements of Joint Venture Arrangements   The Competition Authority of Kenya (the CAK) has published draft joint venture guidelines (the Guidelines). The Guidelines aim to provide clarity, transparency and predictability about joint venture arrangements that require CAK approval. The Guidelines specifically clarify the CAK’s position on what consists of a Full Function Joint Venture, a Greenfield Joint Venture;...

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ALYI $100 Million African Electric Vehicle Financing Initiative Moves Forward

Dallas, TX – February 3, 2020 - Alternet Systems, Inc. (OTC PINK: ALYI) today reported on its meetings in Malta last week with local legal representatives, crypto strategy experts and African electric vehicle partners to coordinate the launch of new business entity domiciled in Malta. The new business details were finalized, and the formation of a new entity licensed to issue cryptocurrency is underway. The new Malta business is the target organization intended to launch a $100 million initial...

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ALYI – Alternet Systems Targets Highest Potential Segment Within $550 Billion Global Electric Vehicle Market

    Dallas, TX – November 26, 2019 -- - Alternet Systems, Inc. (USOTC: ALYI) published an update on its new investment project intended to substantially expand ALYI’s current initiative to build electric vehicles in Africa for the African market.  ALYI management maintains that Africa holds higher potential for eclectic vehicle sector growth than any other region within the global electric vehicle market anticipated to reach over $550 billion by 2025.  Africa is urbanizing at a rate that...

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ALYI – Alternet Systems $100 Million Electric Vehicle Production Facility Project Moves Forward

Dallas, TX – November 21, 2019 -- - Alternet Systems, Inc. (USOTC: ALYI) today reported management’s confidence in the joint project to raise $100 million to fund infrastructure for the ongoing production of electric vehicles in Africa.  ALYI has hosted a kick off meeting for the project this week in Dallas, Texas with IW Global ( www.IW-Global.com ), and ALYI’s Kenyan electric vehicle production partner.  The meetings wrapped up yesterday and ALYI plans to publish the latest on the project...

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ALYI – Alternet Systems Confirms $100 Million Electric Vehicle Production Facility Project Kick Off Underway

Dallas, TX – November 19, 2019  -  - Alternet Systems, Inc. (USOTC: ALYI) today confirmed IW Global ( www.IW-Global.com ), and ALYI’s Kenyan electric vehicle production partner started meetings in Dallas, Texas on Monday, November 18, 2019 to kick-off a joint project to raise $100 million to fund infrastructure for the ongoing production of electric vehicles in Africa.  ALYI management reported confidence today that the meetings will result in a definitive plan with a highly likely prospects...

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ALYI – Alternet Systems Kicks Off $100 Million Electric Vehicle Production Facility Project

        Dallas, TX – November 14, 2019  -- -- Alternet Systems, Inc. (USOTC: ALYI) today announced IW Global ( www.IW-Global.com ), and ALYI’s Kenyan electric vehicle production partner will all meet in Dallas, Texas on Monday, November 18, 2019 to kick-off a joint project to raise $100 million to fund infrastructure for the ongoing production of electric vehicles in Africa. Separately, ALYI has already initiated and continues to develop $300 million in electric vehicle projects in Africa...

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KALY – Kali-Extracts Is Making CBD Infused Coffee

Dallas, TX – October 11, 2019 -- -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today announced today announced that as part of the sole license it has granted to Puration, Inc. (USOTC: PURA) for use of the KALY U.S. Patented Cannabis Extraction Process for the production of beverages, KALY has recently been engaged by PURA to design a coffee infusion process. Earlier today, PURA announced the company will begin producing CBD infused Fair Trade coffee from...

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PURA – Puration Announces CBD Infused Fair Trade Coffee From Kenya

Dallas, TX – October 11, 2019 -- – Puration, Inc. (USOTC: PURA) today announced the company will begin producing CBD infused Fair Trade coffee from Kenya. PURA currently makes and sells EVERx CBD Sports Water, the leading CBD sports drink in the sports nutrition market.  PURA has reported over $1 million in CBD beverage sales in the first six months of 2019 after reporting approximately $1 million in sales for all of 2018.  On top of its ongoing sales, PURA has signed a new European...

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