Absa Bank Kenya resumes dividend payment as net profit for 2021 hits Ksh. 10.9 Billion

Samson NderiMarch 15, 2022

Absa Bank Kenya PLC has reported a net profit of Ksh. 10.9 billion for the year ended 31st December 2021. This marks a  161% rise in profitability as compared t...

1 min read

A chat with Paul Muchangi on his golf journey and the impact of Safaricom Golf Tour

Samson NderiMarch 15, 2022

When one thinks of golf, most often than not, what comes to mind is that it is an expensive sport that is only open to the well to do. However, that is not alwa...

7 min read

Joe Ageyo joins Nation Media Group as Editorial Director- Broadcasting

Samson NderiMarch 15, 2022

Joe Ageyo a veteran journalist has been appointed the editorial director- Broadcasting at Nation Media Group. Joe holds an MSC in Environmental Governance fr...

0 min read

Blueband’s value chain has benefitted over 7,000 canola oil farmers in the Kenyan market

Samson NderiMarch 15, 2022

Blue Band has been in East Africa since the 1950s and is even older than countries like Kenya. Trusted by generations of families, many grew up with Blue Band ...

4 min read

Moove, a mobility fintech, has raised $105m in a Series A2 funding round

Samson NderiMarch 14, 2022

Moove has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt. The round was led by existing investors, Speedinvest, Left Lan...

7 min read

Stanchart reports Ksh. 9 Billion net profit for the year ended 31 December 2021

Samson NderiMarch 14, 2022

Standard Chartered Bank Kenya has reported a Ksh. 9 Billion net profit for the year ended 31st December 2021 which is a 66.2% rise from a similar period last ye...

1 min read

Fleetsimplify, HydroIQ and Sukhiba among startups selected for Google for Startups Accelerator Africa Class 7

Samson NderiMarch 14, 2022

Three Kenyan startups, that is Fleetsimplify, HydroIQ    and Sukhiba been selected as participants in the Google for Startups Accelerator Africa Class 7. The se...

4 min read

Safaricom to utilize Ethiopian Electric Power Enterprise fibre cable as it rolls out services

Samson NderiMarch 14, 2022

Safaricom Ethiopia has signed a five-year lease agreement with state-owned power utility Ethiopian Electric Power enterprise (EEP)  for fibre cable utilization....

1 min read

Shashwart Harish and Audrey Gachora emerge as winners at the Safaricom Golf Tour held at Muthaiga

Samson NderiMarch 14, 2022

Twelve year old Shashwart Harish and Audrey Gachora emerged as the overall winners of the third leg of the Safaricom Golf Tour junior tournament held at the Mut...

1 min read

Zoho launches a new low code creator platform

Samson NderiMarch 11, 2022

Zoho Corporation has launched its latest version of its low-code offering, Zoho Creator. The new version addresses the need for an easy-to-use platform that ena...

2 min read

Antler East Africa, a venture capital fund secures Ksh. 228 Million from IFC & We-Fi

Samson NderiMarch 11, 2022

In a bid to support the growth of East Africa’s technology startups, the International Finance Corporation (IFC) has announced an investment in the Antler East ...

2 min read

AfricaGoGreen Fund receives over $30 million investments from the African Development Bank & Nordic Development Fund

Samson NderiMarch 11, 2022

The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoG...

1 min read

Stand a chance to win a tractor in the John Deere business plan competition for the youth

Samson NderiMarch 11, 2022

John Deere Africa Middle East, has partnered with  Alliance for a Green Revolution in Africa (AGRA) and Mascor to launch a business plan writing competition for...

1 min read

Boomplay hosts dinner for female artists as part of International Women’s Day celebrations

Samson NderiMarch 10, 2022

Boomplay played host to an exclusive dinner for women in the music and entertainment industry as part of the company’s International Women’s Day celebration, ...

1 min read

High Court set to give ruling in case against the leasing of Mumias Sugar to Sarrai Group

Samson NderiMarch 10, 2022

The High Court is set to give a ruling in a case where five farmers, West Kenya Sugar Company and Mumias Outgrowers (1998) Limited are challenging the leasing o...

3 min read

Stanchart is calling out for applications to the 5th cohort of the Women in Tech program

Samson NderiMarch 9, 2022

Standard Chartered Bank  has partnered with @iBizAfrica Strathmore University to launch the 5th cohort of the Women in Tech incubator program. The program aims ...

2 min read

Jubilee Holding raises stake in Seacom fibre cable to 18.8%

Samson NderiMarch 8, 2022

Jubilee Holdings   has purchased an additional 10 percent stake in submarine fibre optic cable project Seacom for an undisclosed sum. This raises its ownership ...

1 min read

Moderna to set up a Ksh. 56.5 Billion vaccine plant in Kenya

Samson NderiMarch 8, 2022

It is a big win for the country as American biotechnology firm  Moderna announces that, with the help of the United States government, it will invest $500 milli...

0 min read

IDN-Kenya holds concert to drive peace & cohesion ahead of August polls

Samson NderiMarch 8, 2022

The Integrated Development Network (IDN-Kenya) recently held a peace and cohesion campaign in light of the forthcoming general elections in August 2022. This is...

2 min read

Safaricom to reward loyal M-Pesa customers as part of 15th anniversary celebrations

Samson NderiMarch 7, 2022

M-PESA is celebrating  15 years since Safaricom and Vodafone launched the service in March 2007. From its beginning in Kenya, M-PESA has grown to more than 5...

1 min read

Roto Tanks partners with Ogilvy Africa to combat malnutrition among children under two

Samson NderiMarch 7, 2022

Roto Tanks has partnered with Ogilvy Africa (as part of the Ogilvy Give Program)  in a project aimed at educating young mothers in rural parts of East Africa on...

2 min read

LG partners with Habitat for Humanity to launch Ksh. 10.3 Million initiative in Laikipia County

Samson NderiMarch 7, 2022

LG East Africa has partnered with Habitat for Humanity (HFH) to unveil social impact initiatives valued at KES 10.3 million to benefit 3,683 primary and seconda...

1 min read

There is a need for Kenyan banks to design concessional loans for business with favorable terms

Samson NderiMarch 4, 2022

The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it hit Kenya. However, its economic impact has been sev...

4 min read

Microsoft launches initiative to support 10,000 African startups over the next 5 years

Samson NderiMarch 4, 2022

Microsoft has announced new initiatives intended to accelerate the growth of 10,000 African start-ups and fast-track investment in Africa’s start-up ecosystem o...

1 min read

Safaricom recognized at the Zero Project Awards due to to its diversity & inclusion

Samson NderiMarch 4, 2022

Safaricom has been recognized as one of the recipients of the  2022 Zero Project Award. The award recognizes innovative practices and policies aimed at driving ...

1 min read

Safaricom Foundation partners with Baringo County to revamp maternity wing at Mugurin Dispensary

Samson NderiMarch 3, 2022

More than 1,200 women will now be able to benefit from easy access to maternal health services after the County Government of Baringo and Safaricom Foundation p...

0 min read

Zuri Health a Kenyan startup has emerged as the winner at the Sankalp Africa Awards 2022

Samson NderiMarch 2, 2022

Zuri Health a Kenyan healthcare startup has emerged as the winner at the Sankalp Africa Awards 2022.  This award ceremony took place at the Sankalp Forum. Sa...

3 min read

KCB recognized as the Best Sustainable Bank in Kenya by the International Business Magazine

Samson NderiMarch 2, 2022

KCB Bank has been named the Best Sustainable Bank in Kenya by the International Business Magazine for its efforts in driving and ensuring the adoption of sustai...

2 min read

MKOPA secures $75 Million in its Growth Equity funding round

Samson NderiMarch 2, 2022

M-KOPA Solar has raised $75 million in its Growth Equity round. Investors who took part in the funding round include Generation Investment Management, Broadscal...

1 min read

Branch acquires Century Microfinance Bank in an expansion drive

Samson NderiMarch 2, 2022

Branch International, a digital lender has acquired Century Microfinance Bank in its latest expansion drive. With this move, it becomes first digital lender to ...

1 min read

M-PESA Foundation partners with Gertrude’s Hospital to launch telemedicine initiative in Samburu County

Samson NderiMarch 1, 2022

M-PESA Foundation and Gertrude’s Hospital Foundation have launched their telemedicine initiative, Daktari Smart, in Samburu County. The programme targets ove...

2 min read

Kenya selected to host one of Africa’s two ICANN managed data hubs

Samson NderiMarch 1, 2022

Kenya has been selected to host one of the two The Internet Corporation for Assigned Names and Numbers (ICANN) Managed Root Server (IMRS) clusters in Africa. Th...

2 min read

Leo Gitonga a 15 year old golfer has emerged as the winner of the second leg of Safaricom Golf Tour

Samson NderiFebruary 28, 2022

Limuru based junior golfer Leo Gitonga has emerged as the overall winner of the second leg of the Safaricom Golf Tour which was held at the Limuru Country Club ...

2 min read

How the mango and potato value chains can help alleviate youth unemployment

Samson NderiFebruary 28, 2022

Kenya and Africa in general has been blessed with a huge youth dividend. Whereas in other parts of the world, this is seen as a blessing, here it comes across a...

3 min read

Jakoni Prestige & Frangos Bar emerge as winners at the inaugural Bolt Food Restaurants Award ceremony

Samson NderiFebruary 25, 2022

Bolt Food held its inaugural Restaurants Award ceremony yesterday to recognize and award top restaurants on its platform for their exclusive approach to custome...

2 min read

Kenya Airways signs MOU with Boeing on service deal

Samson NderiFebruary 25, 2022

National carrier Kenya Airways has signed a memorandum of understanding with US plane maker Boeing for landing gear exchange. This is in a bid to lower KQ’s inv...

0 min read

Usiku Games partners with other game development studios to form Pan Africa Gaming Group

Samson NderiFebruary 25, 2022

Usiku Games has joined hands with other game development studios across Africa to form Pan Africa Gaming Group (PAGG). This is in an effort to unify the contine...

2 min read

Fifa has suspended Kenya from all football activities

Samson NderiFebruary 25, 2022

The world football governing body has suspended Kenya from all football activities for an indefinite period. This is due to what they termed as undue interferen...

1 min read

Qatar Airways and Malaysia Airlines sign MOU for a strategic cooperation

Samson NderiFebruary 24, 2022

Qatar Airways and Malaysia Airlines have announced a new chapter in their long-standing relationship by signing a Memorandum of Understanding (MoU). The new agr...

2 min read

Equity Group partners with Microsoft to launch hackathon open to students from UON and Meru University

Samson NderiFebruary 24, 2022

Equity Group, in partnership with Microsoft, has launched a virtual hackathon open to students from The University of Nairobi and Meru University of Science and...

3 min read

There is a need for strengthening of supply chains according to health and tech leaders

Samson NderiFebruary 24, 2022

Top health and tech stakeholders in the continent have called for the strengthening of national supply chains. This is by focusing on the role of data and tech...

1 min read

All roads lead to the Limuru Country Club this weekend for the second leg of the Safaricom Golf Tour

Samson NderiFebruary 23, 2022

The Safaricom Golf Tour will be headed to the Limuru Country Club this weekend for the second leg of the series. The corporate tournament will be held on the Sa...

2 min read