Tanzania to host EIB Funding delegation in a bid to boost SMEs

Grace MathekaJuly 3, 2024

A delegation of the European Investment Bank (EIB Global) led by EIB Vice President, Thomas Östros, is visiting Tanzania for a series of business engagements to...

2 min read

EIB invests €25 million in Amethis Fund III to fund African businesses

Samson NderiMay 30, 2024

European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III in order to fund African businesses. Amethis Fund III is a pan-African fund...

2 min read

EIB Global & Housing Finance Bank to invest €50M in SMEs in Uganda

Samson NderiMarch 10, 2024

EIB Global and the Housing Finance Bank (HFB) of Uganda have partnered to supported SMES in Uganda to the tune of €50 million. EIB is a part of the European Inv...

2 min read

EIB Global invests $30M in Seedstars VC fund for startups in Africa

Samson NderiJanuary 13, 2024

EIB Global has announced that it has invested US$30 million in the Seedstars Africa Ventures I venture capital fund. The fund will invest in companies devel...

2 min read

Funding by Gates Foundation & EIB to provide more polio vaccines

Gladys WamuyuOctober 13, 2023

The European Investment Bank (EIB) and the Bill & Melinda Gates Foundation announced a new financing partnership to address critical global health opportuni...

4 min read

EIB commits Ksh. 64.6 Billion to build stronger and more resilient health systems in Africa

Grace MathekaFebruary 19, 2022

The World Health Organization (WHO) and the European Investment Bank (EIB), in cooperation with the European Commission (EC) and the AU have partnered to close ...

1 min read

Alitheia IDF a women focused Private Equity Fund closes Ksh. 11.3 billion fund with EIB

Grace MathekaDecember 17, 2021

Alitheia IDF (AIF), a women-led and women-focused private equity fund, has announced the final close of the Ksh. 11.3 billion (USD 100 million) fund with Europe...

1 min read

Coop Bank partners with EIB to support new private sector investment in Kenya

Grace MathekaNovember 26, 2021

The European Investment Bank (EIB) is partnering with the Cooperative Bank of Kenya to finance companies active in sectors most affected by the COVID-19 pandemi...

1 min read

EU & EIB give Equity Ksh. 16.5B in funding to support SMEs in Kenya

Grace MathekaMarch 4, 2021

Equity Group has signed a Ksh. 16.5 billion loan facility with the European Investment Bank (EIB) and the European Union (EU) to support MSMEs. The loan facilit...

1 min read

Bolt secures Ksh. 5.6 Billion loan from EIB, to be invested in research & development

Staff WriterJanuary 17, 2020

Taxi hailing firm Bolt has secured a Ksh. 5.6 Billion loan from the European Investment Bank (EIB) which it intends to invest in research and development. Th...

0 min read

Kenya Power receives Ksh. 1.85B grant from JICA for its Last Mile Connectivity Project

Grace MathekaJuly 29, 2024

Kenya Power's Last Mile Connectivity Project (LMCP) has received a boost of Ksh. 1.85 billion grant from the Japan International Cooperation Agency (JICA). Than...

1 min read

Dominic Omondi among 45 journalists shortlisted for Sanlam Awards for financial journalism

Grace MathekaJuly 3, 2024

Sanlam and Santam, the joint sponsors of the Sanlam Group Awards for Excellence in Financial Journalism, have officially announced the shortlisted entries for t...

3 min read

Ghana set to host the 2024 Green Film Festival on October 11-12

Grace MathekaJuly 2, 2024

Ghana's capital Accra is set to host the inaugural Green Film Festival (GFF) from October 11th to 12th this year across multiple locations in the city. The two-...

1 min read

Best international TV shows to watch on Showmax this February

Makena Ndung'uJanuary 31, 2024

Streaming service Showmax is gearing up for the launch of its new platform, Showmax 2.0, on February 12, 2024. In preparation for that, Showmax has announced th...

7 min read

First Capital Bank receives $10M loan from European Investment Bank

Gladys WamuyuSeptember 29, 2023

First Capital Bank Limited in partnership with the European Investment Bank (EIB) and the European Union have today secured a developmental line of credit of US...

2 min read

European Investment Bank invests Ksh. 40M to support solid waste management in Kisumu

Gladys WamuyuSeptember 29, 2023

The European Investment Bank (EIB) is supporting Kisumu City, through the County Directorate of Climate Change, to address its solid waste management. It is in ...

1 min read

BrighterMonday wins Youth Employment Strategies award in the National Diversity and Inclusion Awards

Makena Ndung'uMarch 9, 2023

BrighterMonday Kenya has won the Best Youth Employment Strategies 2023 award during the National Diversity and Inclusion Awards & Recognition (DIAR Awards). The...

2 min read

European Investment Bank to mobilize funding for investment in green hydrogen schemes

Staff WriterMarch 3, 2023

The European Investment Bank, has announced that it will strengthen its support for green hydrogen investment in Kenya. The Bank is the world’s largest multilat...

2 min read

How to keep your bank account safe from fraudsters

Staff WriterMarch 2, 2023

Do you remember the last time that you were in a banking hall to initiate a bank transaction? For most of us, chances are that we have not been in one in a long...

3 min read

5 tips to make your passwords more secure

Samson NderiDecember 14, 2022

The digital world is increasingly becoming an important part of our lives. Through the Internet we are able to connect with loved ones, make financial transacti...

3 min read

Microsoft & African Development Bank expand partnership to support youth entrepreneurs in Africa

Samson NderiSeptember 26, 2022

Microsoft has announced the expansion of its partnership with the African Development Bank to support Africa’s youth entrepreneurs. This will be under the bank’...

3 min read

The best international series to watch on Showmax this April

James WamathaiApril 5, 2022

Showmax offers viewers a wide range of entertainment content from movies, to series and TV shows that you can stream on demand on the platform. This Apri...

15 min read

Ventures platform secures Ksh. 4.5 billion in funding, to invest in startups

Grace MathekaDecember 16, 2021

Ventures Platform, an early-stage venture capital fund, has announced the first close of its Ksh. 4.5 billion (USD 40 million) early-stage fund to invest in mar...

1 min read

Qualcomm launches its latest flagship chip, the Snapdragon 8 Gen 1 which is 20% faster

Grace MathekaDecember 7, 2021

Qualcomm has unveiled its new flagship chip, the Snapdragon 8 Gen 1, using a 4nm build process. Snapdragon 8 Gen 1 is an octa-core processor that Qualcomm clai...

2 min read

Ecobank Group Secures Ksh. 12 Billion credit facility from European Investment Bank to Fund SMEs

Grace MathekaNovember 25, 2021

The Ecobank Group has signed an agreement for a Ksh. 12 Billion (€100 million) long-term credit facility with the European Investment Bank (EIB) over 9 years. ...

1 min read

Afrozons Dubai Sound Off to gift 70 Afrobeat fans with a dream trip to Dubai

Grace MathekaOctober 7, 2021

70 Afrobeat fans will have the chance to win a dream trip to Dubai courtesy of the Afrozons Dubai Sound off, a premier travel experience, Dubai Tourism and Afro...

2 min read

G7 Development Finance Institutions & partners to invest Ksh. 8.62 trillion into African businesses

Grace MathekaJune 14, 2021

The G7 DFIs, the IFC, EBRD and the European Investment Bank (EIB) have committed to invest Ksh. 8.62 trillion ($80 billion) in the private sector over the next ...

2 min read

Cameroon to take over chair position of Shelter Afrique’s AGM Bureau

Grace MathekaMay 28, 2021

Kenya's Cabinet Secretary for Transport, Infrastructure and Housing, James Macharia is set to officially hand over the leadership mantle of Shelter Afrique AGM ...

2 min read

EU in Kenya launches European Film Festival as part of Europe Day 2021 celebrations

Grace MathekaMay 10, 2021

The European Union (EU) in Kenya recently held an online event hosted by 2 Kenyan artists; Sanaipei Tande and Nyashinski, to mark Europe Day 2021. The online ev...

1 min read

Lacuna Fund announces recipients of the second round of funding for NLP technology projects

Grace MathekaApril 29, 2021

The partner organizations behind Lacuna Fund have announced the second cohort of supported projects supporting Natural Language Processing (NLP) technologies Ac...

2 min read

Equity Bank receives Ksh. 5.5 billion from FMO Development Bank to support MSMEs

Grace MathekaMarch 25, 2021

Equity Bank has announced its partnership with the Netherlands FMO Development Bank with the signing of a NASIRA loan portfolio guarantee facility. This Ksh. 5....

2 min read

Equity receives Ksh. 11 billion from AfDB to fund its African expansion

Grace MathekaMarch 23, 2021

Equity Group has signed a Ksh. 11 billion ($100 million) loan facility with the African Development Bank (AfDB), to support its expansion across Eastern and Cen...

2 min read

Equity Group receives Ksh. 8.25B from AGF to support women owned SMEs

Grace MathekaMarch 19, 2021

The African Guarantee Fund (AGF) and Equity Group have signed an agreement to provide Ksh. 8.25 billion ($75 million) in funding to four of Equity’s bank subsid...

1 min read

Equity receives Ksh. 11 billion from various funders to support SMEs

Grace MathekaMarch 15, 2021

Equity Group has signed a Ksh. 11 billion ($100 million) loan facility with Germany’s DEG, the Netherlands FMO and the UK’s CDC Group. The signing comes in the ...

1 min read

Kensington Distillers launches in Kenya as Monument Distillers

Staff WriterSeptember 12, 2019

Kensington Distillers & Vintners (KDV) London has announced that it has entered the Kenyan market and it will trade as Monument Distillers Kenya. In the bac...

1 min read

European Investment Bank launches Ksh. 5.7 billion agriculture financing programme

Staff WriterJune 12, 2019

European Investment Bank has launched a new EUR 50 million (Ksh. 5.7 billion) agriculture sector financing programme. The Kenya Agriculture Value Chain Facility...

3 min read

European Investment Bank invests Ksh. 4.1 billion in Telkom Kenya

Staff WriterNovember 23, 2018

Telkom Kenya has received a Ksh. 4.1 billion ($40 million) from the European Investment Bank (EIB). Telkom will use the loan to expand coverage and capacity ...

1 min read

Boost Africa Initiative to invest in 1,500 SMEs across Africa

Richard MureithiNovember 23, 2016

The African Development Bank (AfDB) and the European Investment Bank (EIB) have launched an initiative dubbed “Boost Africa Initiative”. The initiative targets ...

2 min read

Is FIFA 15 worth the hype?

Euticus MolaAugust 15, 2014

image via FIFA 15 is scheduled for launch this September and has already had the video game's fans talking. In my opinion, the 14th installment was somewhat o...

2 min read

The Best Rated Beers from Brazil

Staff WriterMay 15, 2014

Planning on going to Brazil this June for the World Cup? We bet you want to have a great time while there and this goes beyond just watching the amazing matches...

58 min read

Tips on how to save while traveling by air

Murugi Angela NjehiaApril 2, 2014

With the introduction of more low cost carriers in Kenya, more domestic travellers are seemingly opting to go by air rather than road or rail, it is however i...

65 min read

Poaching crisis declared in Kenya

Murugi Angela NjehiaMarch 19, 2014

Image courtesy of wildlifedirect.org - Hands off our elephants Today, we woke up to the report that Ol Jogi had lost yet another rhino last night due to poa...

82 min read