Six young technology innovators in Africa’s agriculture and food sectors, including Kenya's Esther KImani, have won cash prizes in the Pitch AgriHack 2022.
T...
Nairobi Garage has opened a two floor coworking space at 20th Century Plaza on Mama Ngina Street in Nairobi’s Central Business District.
The new space is the...
CFAO Group has appointment Dr Frannie Léautier to its Board of Directors, effective as of July 28 2022 to strengthen the company's governance.
A graduate of...
Private equity fund manager Ascent has announced the final close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 128 million. The fund exceeded its...
Equity Bank Kenya has signed an Assets and Liabilities Purchase Agreement with Spire Bank Limited for the purchase of certain assets and liabilities of Spire Ba...
Absa Bank Kenya has announced that its CEO Mr. Jeremy Awori will be leaving the bank to pursue another career opportunity outside Absa Group. This will take eff...
Enterprise Resource Planning (ERP) is one of the most popular business management innovations, and it is being adopted by business across all industries especia...
National Bank of Kenya (NBK) has announced that it has a registered Ksh. 729 million profit after tax in the half year of 2022. This is a slight dip from the Ks...
NCBA Group PLC has announced that it has registered a half year profit after tax of Ksh. 7.8 billion for the period ending June 30 2022. This is a 67% growth up...
Old Mutual Holdings has announced that it has posted a net loss of Ksh. 813 million in the first six months of 2022. This is significant drop from the Ksh. 252 ...
Wasoko (formerly Sokowatch), an African B2B e-commerce startup has launched “Wasoko Innovation Hub” in partnership with the Zanzibar government.
Located in F...
Microsoft has announced that it has appointed Kunle Awosika as the new Managing Director of the Africa Transformation Office (ATO), succeeding Wael Elkabbany. A...
David Beer has been appointed as the new Chief Executive Officer (CEO) for TradeMark East Africa (TMEA), and replaces Frank Matsaert, TMEA’s founding CEO. He wi...
Global Compact Network Kenya has appointed Mr. Martin Ochien’g as the new Board Chair and Mrs. Rebecca Miano as the Vice Chair to lead the Board. The two will s...
Ecobank Group ,a Pan-African banking group has launched the fifth edition of the Ecobank Fintech Challenge. Fintechs in the competition stand a chance to win an...
Pezesha, a Kenyan finance fintech has managed to raise Ksh. 1.3 Billion ($11 million) in a pre-Series A equity-debt round led by Women’s World Banking Capital P...
Safaricom has appointed Cynthia Karuri-Kropac as the new Chief Enterprise Business Officer effective September 1. She will replace Joseph Wanjohi who has been i...
KCB Group announced a net profit to Ksh. 19.5 Billion for the half-year ended June 2022, this is a 27.5 percent rise in profitability from Ksh. 15.3 Billion re...
Pwani Oil Products has acquired stationery firm Kartasi Industries Limited for an undisclosed sum in a strategic move to diversify its business.
The Competit...
Equity Group has reported a net profit of Ksh. 24.4 Billion for the half year 2022, this represents a 36% rise from the Ksh. 17.9 Billion for a similar period ...
Roam, a Swedish-Kenyan technology company has launched Rome Rapid, an electric bus that is targeting public transport as the race for e-mobility picks up.
Th...
Kakuzi PLC and leading berries marketing firm Driscoll’s have announced partnership to expand the growth and export of blueberries in Kenya.
As part of Kaku...
I&M Group PLC has announced that it has reported a 16% growth in net profit in the first half of 2022 which stands at Ksh. 4.9 billion. This is an improveme...
The Kenya Association of Manufacturers (KAM) would like to congratulate Kenyans for exercising their right to vote on 9th August 2022. We applaud the patience a...
Equity Bank has been at the forefront of revolutionizing the banking industry from way back. This can be seen in the bank’s decision to serve the lower end of t...
Absa Group Africa has announced that its earnings increased 27% to Ksh. 79.8 Billion (R11 Billion) in the first half of the year as revenue increased, demonstra...
Standard Chartered Kenya (Stanchart) has reported a Ksh. 5.4 Billion net profit for first half of 2022. This represents a 11% rise in profitability from the Ksh...
PwC Kenya has partnered with the Kenya Bankers Association to release the 2021 Total Tax Contribution (TTC) study of the Kenya Banking Sector.
The TTC study sh...
The Kenya Medical Supplies Authority (KEMSA) has unveiled a 180-day rapid results operating strategy to guide the second phase of its organisational transformat...
Equity has continued to prove that doing well can go hand in hand with doing good. This has
over time earned the lender trust capital that has enabled it to gr...
Over 3,000 businesswomen from across Africa benefited from a one-day mentorship conference aimed at empowering women entrepreneurs with new perspectives, pract...
Safaricom has partnered with Equity Bank and Edomx Ltd to launch "Faraja" a zero-interest credit service. The service is expected to allow millions of its custo...
Airtel Kenya has announced the appointment of Mr. Ashish Malhotra as its Managing Director. Mr. Malhotra will take over from Mr. Prasanta Das Sarma who is movi...
Standard Chartered Bank has partnered with @iBizAfrica- Strathmore University to shortlist 10 start- ups for the Women in tech program. The Program targets wome...
Pesapal Uganda a has received a Payment System Operator license from the Bank of Uganda.
The authorization gives Pesapal a license to drive cashless transact...
As the deadline for the installation of the upgraded electronic tax registers (ETRs) machines approaches, manufacturers and traders risk a Sh1 million fine or a...
Telkom has partnered with Lipa Later a Buy-Now-Pay-Later company, to offer Kenyans a product financing solution that will make it easier to purchase smart mobil...
Proparco, a French sovereign wealth fund has acquired a 40 per cent stake worth $31.5 million (Sh3.7 billion) stake in supermarket chain Naivas.
Naivas had i...
Kenya Airways (KQ) has started ferrying cargo on behalf of South African Airways, this is per a pact that was signed last year to establish an African airline b...
Fahari Aviation, a subsidiary of Kenya Airways and EVE UAM, LLC have signed have signed an agreement for up to 40 electric Vertical Take-Off and Landing (eVTOL)...
mTek, a digital insurance platform has partnered with MUA Kenya, a general insurer , and The Unisure Group, a global insurance solutions provider. The partners...
The board of the National Bank of Kenya has appointed Peter Kioko, the director of finance and strategy as acting managing director effective June 10.
Peter ...
