MaxAB-Wasoko acquires Fatura, expanding regional reach

Samson NderiMay 22, 2025

MaxAB-Wasoko has acquired Fatura, an Egypt-based B2B e-marketplace, from EFG Finance, a subsidiary of EFG Holding. As part of the deal, EFG Finance will join Ma...

2 min read

US-Kenya Creative Economy Forum 2025 set to boost creative industry ties

Samson NderiMay 22, 2025

The U.S.-Kenya Creative Economy Forum 2025 is scheduled for June 5th in Nairobi. It is organized by the U.S. Embassy in Kenya and the American Chamber of Commer...

1 min read

CIC Group & Women’s World Banking to develop insurance products for Kenyan women

Samson NderiMay 22, 2025

CIC Group and Women’s World Banking have partnered in a bid to develop inclusive women-centric insurance solutions. The two organizations will collaborate in re...

1 min read

TECH5, Visa partner with Ethiopia to launch Fayda Wallet, powering Digital ID & payments

Samson NderiMay 22, 2025

Ethiopia has launched the Fayda wallet, a solution designed towards enhancing financial inclusion and streamlining digital transactions. This wallet, co-develop...

2 min read

Aleph expands Spotify partnership to power ad sales in 80+ markets, including Kenya

Samson NderiMay 22, 2025

Aleph and Spotify have expanded their partnership that makes Aleph Spotify's advertising sales partner in 80+ markets, providing access to 20,000+ advertisers. ...

2 min read

Standard Chartered launches “Women in Cyber” mentorship to boost East Africa’s female cybersecurity leaders

Samson NderiMay 22, 2025

Standard Chartered has launched the Women in Cyber Mentorship Programme to train next generation female cybersecurity leaders. It is an initiative that is de...

2 min read

DTB & Safaricom are offering loans of up to Ksh. 250K to SMEs that use Lipa na M-PESA

Samson NderiMay 22, 2025

Diamond Trust Bank (DTB) has partnered with Safaricom to offer loans to SMEs that use Lipa na M-PESA to accept payments. The new product is called Taasi Till...

1 min read

Kingdom Bank’s Q1 2025 net profit reduces to Ksh. 162 million

Samson NderiMay 22, 2025

Kingdom Bank has reported a reduced net profit of Ksh. 162 million for the period ended March 31 2025. This is a reduction from the Ksh. 350 million the bank re...

1 min read

Propak East Africa calls for urgent collaboration to accelerate eco-packaging adoption

Samson NderiMay 22, 2025

The 10th Propak East Africa Expo will conclude today with an emphasis on the need for accelerating the adoption of eco-packaging. This would be done through inc...

1 min read

James Gossip is the new MD for NCBA Bank Kenya

Samson NderiMay 21, 2025

The NCBA Group has announced the James Gossip as the new Managing Director of NCBA Bank Kenya PLC, effective 12th May 2025. James Gossip is an experienced in...

1 min read

Afreximbank net income jumps 21% to US$215 Million in strong Q1 2025

Samson NderiMay 21, 2025

The African Export-Import Bank (Afreximbank) has released its consolidated financial statements for the first quarter of 2025, revealing a strong performance. ...

2 min read

ARC Ride to roll out 5,000 electric bob-bodas, standardize battery swapping with BII Funding

Samson NderiMay 21, 2025

ARC Ride has today announced it has secured $5 million in financing from British International Investment (BII), the UK’s development finance institution and im...

1 min read

EU Ambassadors visit Northern Kenya to advance climate action, security, & digital inclusion

Samson NderiMay 21, 2025

A high-level delegation of European Union Ambassadors, led by H.E. Henriette Geiger, the EU Ambassador to Kenya, is currently undertaking a three-day visit to S...

2 min read

NCBA Group Q1 2025 profit after tax rises 3% to Ksh. 5.5B, driven by digital loans

Samson NderiMay 21, 2025

NCBA Group has announced a profit after tax of Ksh. 5.5 billion for the first quarter of 2025. This represents a 3% increase from the Ksh. 5.3 billion reported ...

3 min read

Kenya’s Universal Service Fund faces Ksh. 12 Billion funding gap

Samson NderiMay 21, 2025

Kenya's path towards universal digital access faces a hurdle as the Communication Authority of Kenya's (CA) Universal Service Fund (USF) Strategy 2023–2027 grap...

2 min read

Standard Chartered Q1 2025 profit after tax declines by 13.5% to Ksh. 4.86B

Samson NderiMay 21, 2025

Standard Chartered Bank Kenya has announced that it has reported in profit after tax at Ksh. 4.86 billion for the first quarter of 2025. This is a 13.5% decline...

2 min read

Family Bank reports a Ksh. 1.05 billion net profit for Q1 2025

Samson NderiMay 21, 2025

Family Bank Group has announced that it has reported a profit after tax of Ksh. 1.05 billion for the first quarter ended March 31, 2025. This is a slight improv...

1 min read

KCB Group reports a minimal rise in Q1 2025 net profit at Ksh. 16.53 billion

Samson NderiMay 21, 2025

KCB Group has announced that it has reported a profit after tax of Ksh. 16.53 billion in the first quarter of the year ending March 2025. The profit after tax r...

2 min read

I&M Group receives Ksh. 4.19B investment from East Africa Growth Holdings

Samson NderiMay 21, 2025

I&M Group PLC has announced that it has received Ksh. 4.19 billion in capital from the sale of 86.5 million new ordinary shares to East Africa Growth Holdin...

1 min read

ATU & Metaverse Institute partner for Metaverse Governance

Samson NderiMay 21, 2025

Africa’s intergovernmental ICT policy body, the African Telecommunications Union (ATU), and The Metaverse Institute have signed a Memorandum of Understanding (M...

2 min read

EAAIF receives $325M to turbocharge emerging market infrastructure investments

Samson NderiMay 21, 2025

The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has successfully comple...

1 min read

Stanbic Bank digitizes Kenya’s tea trade with EBB & OneFarm platforms

Samson NderiMay 21, 2025

Stanbic Bank Kenya has invested in Kenya’s tea sector through a robust suite of financial products, partnerships, and solutions aimed at empowering all stakehol...

1 min read

How SMEs can access loans of up to Ksh. 400,000 from Safaricom M-PESA

Samson NderiMay 21, 2025

Safaricom has announced that it has expanded it loans products on its M-PESA platform to more businesses that include SMEs. Businesses will have access to cr...

1 min read

GTBank supports wildlife conservation through sponsoring the Ol-Pejeta Conservancy Golf Tournament

Samson NderiMay 20, 2025

Guaranty Trust Bank Kenya (GTBank Kenya) is the headline Sponsor of the Ol-Pejeta Conservancy @20 Golf Tournament. The event will take place on 31st May 2025 at...

1 min read

Rhino Charge 2025 receives Ksh. 25.8M sponsorship from Safaricom

Samson NderiMay 20, 2025

Safaricom has today announced a Ksh. 25.8 million sponsorship for this year’s Rhino Charge event. The charity event is set to take place on Saturday, 31st May i...

2 min read

Visa & AFRAA report shows airlines how to increase revenue & reduce fraud

Samson NderiMay 20, 2025

Visa and AFRAA have launched a study that provides insights for African Airlines on increasing revenue, reducing fraud, improving passenger experience, and enha...

2 min read

Equity Group has been given Superbrand status in East Africa for 2025

Samson NderiMay 20, 2025

Equity Group Holdings has been recognized as a Superbrand in East Africa for providing services and products in the financial services sector. Superbrands is...

2 min read

How to buy a smartphone from Safaricom with Ksh. 500 deposit & Ksh. 30 daily payment

Samson NderiMay 20, 2025

Safaricom has launched a new nationwide campaign dubbed Maisha Poa Ni Digital,  aimed at helping Kenyans upgrade to affordable 4G smartphones. The campaign s...

1 min read

Roadside by rescue.co launched to provide emergency roadside assistance service

Samson NderiMay 20, 2025

Rescue.co has announced the launch of Roadside by rescue.co, a roadside emergency assistance service. The service costs Ksh. 8,888 (incl. VAT) per vehicle an...

2 min read

Choice Bank rebrands & unveils digital-first model

Samson NderiMay 20, 2025

Choice Microfinance Bank is now Choice Bank and has launched a digitally powered banking model, seeking to serve its customers better. The bank has also commemo...

1 min read

M-Pesa Foundation to invest Ksh. 254 million in free medical camps in 30 counties

Samson NderiMay 20, 2025

M-Pesa Foundation has announced that it will invest Ksh. 254 million in the third phase of its medical camp programme. The programme, which was launched in 2023...

1 min read

End Femicide KE rallies support for GBV & Femicide Public Participation Forums

Samson NderiMay 20, 2025

This week and last week, the End Femicide KE Movement joined communities across the country for the national public participation forums. The forums have been c...

1 min read

Kenya imported mitumba clothing worth Ksh. 28 billion in 2024

Samson NderiMay 20, 2025

According to new report, Kenyan Mitumba clothing exports were Ksh. 28 billion in 2024. Data from the Economic Survey 2025 shows that Kenyan textile imports for ...

1 min read

SEACOM bridges ICT education career gap with academic tours, mentorship, & internships

Samson NderiMay 16, 2025

SEACOM East Africa is actively investing in the future of technology by bridging the gap between education and the professional world through its comprehensive ...

1 min read

M-KOPA in Financial Times’ Fastest Growing African Companies list for fourth consecutive year

Samson NderiMay 16, 2025

M-KOPA has made the Financial Times’ Africa’s Fastest Growing Companies list for the fourth consecutive year. M-KOPA achieved an CAGR of 42% for the 2020-23 ...

1 min read

Kenya Airways & IATA to pilot the new Integrated Sustainability Program (ISP)

Samson NderiMay 16, 2025

Kenya Airways has announced a new partnership with the International Air Transport Association (IATA) in piloting the new Integrated Sustainability Program (ISP...

2 min read

M-Pesa Foundation renovates schools in Lamu County at a cost of Ksh. 115 Million

Samson NderiMay 16, 2025

M-Pesa Foundation has launched the construction of learning facilities worth Ksh. 115 million at Maisha Masha and Mtangawanda Primary Schools in Lamu County. ...

1 min read

8 upcoming Android updates as announced by Google

Samson NderiMay 16, 2025

Google's annual I/O developer conference offered a glimpse into Android's future, showcasing new updates that we can expect in the new future. 1. Your Device...

4 min read

Safaricom partners with Naivas to expand customer access to 4G & 5G internet solutions

Samson NderiMay 15, 2025

Safaricom has partnered with Quickmart in order to bring its 4G and 5G For Home internet solutions closer to customers. To improve the customer journey, Safa...

2 min read

Safaricom & iXAfrica partner to deliver AI ready data centres

Samson NderiMay 15, 2025

Safaricom and iXAfrica Data Centre have partnered to deliver East Africa's first AI-ready data centre services to enterprise and cloud solutions clients. The...

1 min read

Co-op Bank’s Q1 2025 net profit rise slightly to Ksh. 6.9 Billion

Samson NderiMay 15, 2025

Cooperative Bank Kenya (Co-op Bank) has announced that it has recorded Ksh. 6.9 billion after tax in the first three months of 2025. This is a slight increase f...

2 min read

Absa partners with Women’s World Banking to support women entrepreneurs in Kenya

Samson NderiMay 15, 2025

Absa Bank Kenya has announced a strategic partnership with Women’s World Banking, aimed at deepening financial inclusion and promoting economic empowerment of w...

2 min read