Samsung Medison, a medical equipment company and an affiliate of Samsung Electronics, has signed an agreement to acquire Sonio SAS, a fetal ultrasound AI softwa...
Airbus SE has reported consolidated financial results for its First Quarter (Q1) ended 31 March 2024.
Gross commercial aircraft orders totalled 170 (Q1 2023:...
BURN Manufacturing (BURN), a clean cook-stove manufacturer, has donated six ECOA institutional clean cook-stoves and dry foods to feed over 2,000 people daily a...
The Africa Tech Summit (ATS) London is set to commemorate the eighth edition of its Investment Showcase at the London Stock Exchange on June 7th, 2024. Fifteen ...
Mothers travelling with Air France can continue to expect the best in services with the airline maintaining a keen interest in offering all the support needed f...
Dessra Ventures, a baked goods manufacturer, has signed a deal with Isuzu East Africa to acquire a new fleet of 40 Isuzu NMR and FRR trucks. This is in addition...
Starcloud, a tech-based education publisher, is among Estonia’s private sector players set to launch operations in Kenya in partnership with local stakeholders....
Old Mutual Group and its subsidiary, Faulu Microfinance Bank, have provided humanitarian aid to flood victims in Nyeri. The company took part in an exercise tar...
Jambojet has launched the Jambojet Sustainability Challenge in the annual Kitenge Fashion Festival. With winners being awarded up to ksh.400,000 plus return tri...
Equity Group Holdings has announced that it has recorded a strong Ksh. 16 billion profit after tax for the period ended 31st March 2024. This is a 25% growth to...
African Banker magazine has announced the shortlist of nominees for this year’s edition of its African Banker Awards. The Awards aim to recognize individuals an...
Qualcomm has announced the shortlisted startups for Qualcomm Make in Africa 2024, from an application pool of about 250 startups from 30 countries. Four out of ...
Ethiopia's Berhan Bank has partnered with Mastercard to launch a co-branded pre-paid card designed to revolutionize online international transactions. The partn...
Safaricom PLC has today announced that it has posted a Ksh. 42 billion net profit for the year ended March 31, 2024. This is a reduction from the Ksh. 52 billio...
Mi Vida Homes, a residential homes developer, has announced that Amaiya, a mid-market apartment complex situated within the Garden City Development, is 70% pre-...
KRA has announced a collaboration with the Kenya National Chamber of Commerce and Industry (KNCCI) to jointly engage SMEs, in a bid to enhance tax compliance. T...
Google has announced Jacaranda Health and EIDU as the two beneficiaries from Africa to join the first Google.org Accelerator: Generative AI Cohort. The two star...
Ivhu Africa has signed an MoU with Semiconductors Technologies (STL) to build facilities for the development of semiconductors and microchips in Africa, startin...
Faulu Bank has forged a partnership with Irri-Hub, an agriculture company specializing in technology-driven irrigation solutions. The collaboration aims to empo...
Rendeavour, owner and developer of Tatu City, has unveiled Fahari Link, a new technology company to deliver high-speed internet connectivity to residents in nea...
CIC Insurance Group has committed to enhance its customer service delivery capabilities by investing in digital technological upgrades. Part of this investment ...
Twiga Foods recently announced the appointment of Charles Ballard as its new CEO. With a career spanning over fifteen years, Ballard brings a wealth of experien...
Google has announced the opening of applications for the 8th cohort of its Google for Startups Accelerator Africa program. This year's edition will focus on sta...
Ethiopia has launched the development of Integrated Export and Import Certification System (IEICS), also known as the e-Phyto system. This digital initiative, a...
Crown Agents Bank and Invest Africa have announced a new collaboration, 'The Payments Exchange'. The campaign will drive new insight and understanding around th...
Peach Cars has partnered with Umba Microfinance Bank to introduce a 24-hour car financing option for customers. The collaboration is aimed at making car ownersh...
Bolt has announced the selection of the top 120 participants for its Accelerator Program in Kenya. The shortlisted applicants were selected following a rigorous...
Mitsumi Distribution is partnering with Dell Technologies to host innovative workshops that will focus on artificial intelligence (AI). The partnership is expec...
Ascent Rift Valley Fund II has bought a minority equity stake in Dune Packaging, a paper packaging manufacturer based in Kenya. The investment is expected to bo...
KOFISI, a co-working spaces company, and Workshop17, have announced a partnership to provide a wider range of services and locations across Africa. The move is ...
IBM has announced the availability of its software portfolio is expanding globally to 92 countries in AWS Marketplace, including 18 African countries. The addit...
Crown Paints, a paint manufacturing company, recently held a town hall meeting with Somali property developers in Eastleigh. This is in a move to tap into their...
Aerospace company Boeing and Digital Divide Data (DDD) have partnered to launch an aviation-focused employability program for Kenyan youth. Boeing's collaborati...
NBA Africa has launched an accelerator program dubbed Triple-Double: NBA Africa Startup Accelerator. The program will provide African startup companies in the s...
Payless Africa a pioneering fintech company, has been launched in the Kenya market. Payless is poised to become a disruptive force in the payments landscape, he...
A recent survey by Knight Frank has shown that Kenya’s high-net-worth individuals are reducing focus on foreign assets in favour of building bigger positions at...
Chief Financial Officers (CFOs) in the highly competitive manufacturing sector have had to overcome some challenging macro-economic shocks in recent years and s...
WPP Scangroup PLC has announced that it has registered a Ksh. 130 million profit after tax for the year ended 31 December 2023. This is an improvement from the ...
Yango Delivery, a mobility and delivery services company, has introduced Cargo Express, designed to streamline the delivery of large and bulky items across Afri...
Invictus Energy, an oil and gas company, has signed an MoU with mine operator Dallaglio Investments and power generation firm Himoinsa Southern Africa Proprieta...
The African Development Fund has approved a partial credit guarantee to support Rwanda’s mobilisation of financing to implement green and social initiatives. Th...
The Tanzania Horticultural Association (TAHA) and TradeMark Africa (TMA) have signed a USD 2.1 million grant agreement to initiate Phase II of their collaborati...