Uber has announced that it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometers in terms of distan...
Mastercard and fintech giant OPay have announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity ...
Faulu Microfinance bank has launched its new contactless card which now allows its users to tap and pay on the go. The card that was rolled out today, will be a...
I&M Group PLC has reported a 44% growth in Profit after tax to Kes 2.7 billion as compared to Kes 1.9 billion in the same period in 2021.
The rise in pro...
The KCB Group PLC Board has announced the appointment of Paul Russo as the company’s Group Chief Executive Officer (GCEO) effective May 25, 2022.
He will repl...
Absa Bank Kenya has received the International Finance Corporation's (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification. This is du...
Autochek an online e-commerce platform has acquired Morocco’s KIFAL Auto for an undisclosed amount, marking the entry of the vehicle marketplace into North Afri...
Hisa App, a mobile investment platform has announced that it has been selected to join NVIDIA Inception. This is a programme designed to nurture startups revolu...
In a statement, the Central Depository and Settlement Corporation (CDSC) has reversed its earlier move to introduce a Ksh. 100 per month account maintanace fee....
Standard Chartered Bank of Kenya has reported a Ksh. 2.7 Billion for the first three months of the year. This represent a 16% rise in profitability as compared ...
Over 300 real estate stakeholders from Africa and other parts of the world will gather in Nairobi on the 18th and 19th of May 2022 for the East Africa Property ...
In a new development, investors at the Nairobi Securities Exchange (NSE) will start being charged a Ksh. 100 monthly charge on their stock market accounts. Thi...
Safaricom has posted a net profit of Ksh. 67.49 Billion for the full year ended March 2022. According to the telco, this was due to the impact of KES 4.66 Billi...
CCI Global, the largest international contact centre operator in Africa, is expected to move to a purpose built, state-of-the-art office in Tatu City, creating ...
Zamara Kenya has announced that it has launched financial literacy programme for parents and teachers to teach them to save for pensions and plan for retirement...
Purple Dot International has announced that it plans to set up a Ksh. 600 million warehouse facility for light industries in Athi River, Machakos County.
Pu...
Kakuma Kalobeyei Challenge Fund (KKCF) business competition has announced the first 40 winners in the competition sponsored by IFC and supported by The Africa E...
EFG Hermes Holding has been named named as one of Africa’s Fastest Growing Companies in 2022 by the Financial Times and Statista.
The company has been featur...
Huawei has announced as that it intends to recruit more employees as it grows its business in Kenya and globally through a new program.
Huawei technologies p...
Expands mandate to include offline recruitment, outsourcing and e-learning in a move to consolidate the pan-African recruitment market
Africa’s recruitment c...
Glovo has announced that it has set up a partnership with small restaurants, popularly known as Kibandas, to enable more of them to sell their food on the platf...
Welcome to the intriguing world of forex trading! Over the last decade, thousands of Kenya residents have been drawn to this popular financial activity. Contin...
Sendy, a tech company that builds fulfillment infrastructure for e-commerce and consumer brands has been recognized as one of the World Economic Forum’s “Techno...
Equity Group and the International Finance Corporation (IFC) have signed a partnership agreement in support of the sustainable development of Africa. This will ...
The East African Business Council Board has indicated that In 2020, EAC countries imported goods worth USD.49.2million from the DRC while they exported USD. 584...
Absa Bank Kenya Plc will host its 43rd Annual General Meeting (AGM) virtually on Thursday, May 26 2022 at 10.00 am.
While announcing the results for the fina...
The Embu Coffee Farmers Marketing Agency has received a license from the Capital Markets Authority (CMA) to operate as a coffee broker at the Nairobi Coffee Exc...
The Capital Markets Authority (CMA) has given the go ahead for TransCentury Plc (TC) to undertake a rights issue. The rights will be issued on the basis of five...
In today's hyperconnected world, a bad shopping experience can drive a potential consumer to a competitor. While product and pricing used to be sufficient to se...
Family Bank shareholders have approved a final dividend of Ksh. 0.83 per share for the financial year 2021 amounting to Ksh. 1.1 billion. In the financial year ...
The Central Bank of Kenya (CBK) has released a new report dubbed The Banking Sector Innovation Survey 2021 that has revealed that cyber attacks remain a tangibl...
Uber has announced that it has launched Uber Connect Car for customers wishing to deliver large packages in Kenya.
Kenya will now able to send even larger pa...
The Standard Gauge Railway (SGR) revenue has increased to Ksh. 15.2 billion from passenger and freight services in 2021. The increase in revenue has been attrib...
The Economic Survey 2022 by the Kenya National Bureau of Statistics (KNBS) has revealed that Kenyan employment rates rose slightly in 2021.
The employment ra...
Good intentions can be tough to translate into practical action but that’s what the commercial property sector must do to meet the Global carbon Net Zero target...
Naivas Supermarket plans to open a new branch in Naivasha next week as part of its expansion push in the country.
The new store that will be located at Safar...
The Kenya Bankers Asssociation (KBA), retailers and payment companies have launched a fraud prevention campaign to protect banking customers in various vertical...
South African based VC firm HAVAÍC has announced that it has raised $20 million to invest in early stage tech startups in Africa.
The company announced a th...
The Kenya Electricity Generating Company (KenGen) has announced that it plans to add 400MW of geothermal power to the national grid in the next five years. Acco...
Safaricom has announced that it has appointed Michael Mutiga as the Chief Business Development & Strategy Officer effective 1st May 2022. He replaces Joe Og...
KCB Group PLC has announced that it has launched a new banking subsidiary in Rwanda, BPR Bank Rwanda PLC. The launch follows the merging of KCB Bank Rwanda and ...
Nominations are now open for the 2022 edition of the AWIEF Awards, which celebrate women entrepreneurs in Africa.
The awards are organized by AWIEF (the Afri...
