Absa Life Assurance Kenya (ALAK), an Absa Group subsidiary, has signed a product distribution agreement with Hisa Africa Insurance Agency.
Hisa Africa is a rep...
The KCB Group has converted a Sh3.45 billion long-term loan it had given to National Bank of Kenya (NBK) last year into equity. This is meant to enable NBK to m...
Today, many forex brokers prefer Metatrader 5 and easily abandon its predecessor. What is the reason why many traders switch from MT5 to MT4? Do experienced tra...
Co-operative bank has posted a 53% rise in their net profit to stand as Ksh. 16.5 Billion as compared to Ksh. 10.8 Billion for a similar period last year.
Th...
CIC Insurance Group has reported a net profit of Ksh. 668.4 Million for the year ended 31st December 2021 as compared to a net loss of Ksh. 296.8 Million for th...
KCB Group Plc has reported a Ksh. 34.2 Billion net profit for the year ended 31st December 2021. This was a 74% rise in profitability as compared Ksh. 19.6 Bill...
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...
Safaricom has announced that M-PESA now has over 30 million customers using the mobile money service every month in Kenya.
The milestone comes a few days aft...
The KCB Foundation has announced its support for the conservation of Tana River and has made an initial investment of Ksh. 5 million.
The KCB Foundation has ...
IFC has today announced that it will invest Ksh. 228 million (USD 2 million) to support tech startups and women entrepreneurs in East Africa.
IFC will invest...
BasiGo has today flagged off the first electric buses in the country for passenger use in partnership with CitiHoppa and East Shuttle transport companies.
Ba...
Kenya's agritech startup Agrotech+, has been named among winners in the Africa AgTech & Inclusive Insurance Challenge 2022 by the Global Index Insurance Fac...
Unity Homes has announced that it has launched its third housing project at Tatu City and it plans to build 1,200 houses.
Unity Homes plans to accelerate th...
Lipa Later has announced it will be offering all new mums at the company 6 month paid maternity leave effective April 1st 2022. Lipa Later announced the benefit...
East African Breweries Plc (EABL), and its flagship brand Tusker, have launched a year long campaign to celebrate 100 years of existence across East Africa.
...
Equity Group has announced that it launched a Ksh. 678 billion stimulus package to accelerate economic recovery in Eastern & Central Africa.
The stimulus...
Stanbic Bank Kenya has opened a new branch in Kisumu and has also signed an MOU with the County Government of Kisumu in a bid to contribute to the growth and de...
Stanbic Bank Kenya has signed an import financing partnership with two leading motor vehicle importers in Kenya, MHH International Limited and World Navi Compan...
Kenya Breweries Limited (KBL) has officially launched its new logo, as a part of the company’s centenary celebrations.
The new logo symbolizes 100 years of ...
Jubilee Holdings has purchased an additional 10 percent stake in submarine fibre optic cable project Seacom for an undisclosed sum. This raises its ownership ...
Kenyan telecommunication company, Safaricom, has won 2 Global Mobile Awards at the Mobile World Congress 2022 (MWC 2022).
Safaricom won a Global Mobile Award...
Stanbic Holdings has announced that it has registered a profit after tax of Ksh. 7.2 billion for the year ended 31 December 2021. This represents a 39% increase...
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...
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...
Branch International, a digital lender has acquired Century Microfinance Bank in its latest expansion drive. With this move, it becomes first digital lender to ...
Land O’Lakes Venture37 through the Trade of Agriculture Safely and Efficiently (TRASE) project has signed an MoU with the Fresh Produce Consortium of Kenya (FPC...
A new research by Standard Chartered titled Future of Trade 2030: Trends and markets to watch projects that global exports will grow by 70% from USD 17.4 trilli...
Coca Cola has announced a Ksh. 4 million sponsorship towards this year’s edition of Magical Kenya Open scheduled to take place from March 3rd to 6th at the Muth...
NayaPay, a Pakistan-based fintech platform, has raised Ksh. 1.5 billion (USD 13 million) in one of the largest seed rounds in South Asia. The round was led by Z...
Crown Motors has launched the new Nissan Terra, an SUV designed to deliver best-in-class safety, entertainment, and luxury versatility for all Kenyans. The new ...
The Lawyers Hub Kenya has announced the convention of the next annual Africa LawTech Festival in June 2022. This year's Festival is themed Africa-Europe Artific...
IFC has announced a partnership with 3B Group of Hotels to support the company's expansion and the upgrading of its existing lodges in the country. The move is ...
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...
Sérgio Pimenta, IFC’s Regional Vice President for Africa, will make his first official visit to Djibouti from February 28th to March 2nd. The visit is aimed at ...
Kenya Power has reported a net profit before tax of Ksh. 5.659 billion in the half year trading period ended 31 December, 2021, compared to Ksh. 332 million pos...
Teresa Mbagaya, a Kenyan education specialist and principal of Imaginable Futures, is among 4 new directors appointed to serve as a board member at Save the Chi...
Three Kenyan startups are among the 6 selected to join the 10th cohort of the Catalyst Fund fintech accelerator. The accelerator selects startups that are build...
MarketForce, a B2B platform for retail distribution of consumer goods and digital financial services in Africa, has closed a Ksh. 4.55 billion (USD 40 million) ...
Are you looking into buying a good quality refrigerator? If yes, then you need to know what qualities to look for before you make the purchase. Today, smart ref...
The United Nations Global Compact has in partnership with Global Compact Network Kenya announced their new Africa Strategy to advance corporate sustainability a...
In a bid to celebrate women entrepreneurs, Mastercard has announced the inaugural Women SME Leaders Awards 2022. The Awards are the first initiative of its kind...
Absa Bank Kenya has signed an Ksh. 1.25 billion loan portfolio guarantee facility with the African Guarantee Fund (AGF). This is in a bid to boost credit access...
