On-demand delivery platform, Glovo, has announced that it will be reducing its service charges to make it more affordable for users to order their favourite mea...
Spire Bank which is a subsidiary of Mwalimu National Sacco has announced the appointment of Fredrick Omondi Nyasaka as the new Head of Finance and Administratio...
Telkom has announced the exit of Steve Okeyo and Kris Senanu from managerial positions in the company. The exit comes after the company launched a new strategic...
More than 30 heads of state and global leaders have expressed support for the Africa Adaptation Acceleration Program in a virtual Leaders’ Dialogue. The dialogu...
Safaricom has appointed Sitoyo Lopokoiyit as the M-PESA Africa managing director, effective April 1, 2021. In his new role, Lopokoiyit will be responsible for g...
The Central Depository and Settlement Corporation (CDSC), has appointed new members on the Board of Directors with Mrs. Aida Kimemia-Nesbitt as the new Board Ch...
HMD Global has officially launched its latest addition to its 5 series smartphones, the Nokia 5.4, in Kenya. The launch follows the recent launch of the Nokia C...
The M-PESA Foundation, in collaboration with the Children’s Investment Fund Foundation (CIFF), has officially commissioned the Impact Philanthropy Africa Forum ...
Smartphone manufacturer, Huawei, has relaunched its AppGallery with upgraded features to support its partners from the banking and finance sector to ensure the ...
Old Mutual's Amazing Voices singing competition has been renewed for a second season. The new season is set to debut across Africa from 11th April 2021.
Sinc...
Network International, an enabler of digital commerce, has announced the appointment of Egyptian national, Hany Fekry, as Regional President for Northern and Su...
Uber the ride hainling company has announced the launch of its online food delivery and rides service in Nakuru. This launch follows the recent expansion of the...
HMD Global has officially launched its latest entry-level platform, Nokia 1.4 in Kenya. The launch follows the launch of the Nokia C1 Plus earlier this year, an...
Total Kenya has released its financial results for the FY2020, indicating a 30% growth in net profit of Ksh. 3.297 billion. This is a reduction compared to the ...
Standard Chartered Bank Kenya has released its results for the year ended 31st December 2020. The bank reported a reduced Ksh. 5.4 billion net profit in 2020 as...
Glovo, a multi-category delivery application, has announced that it has raised Ksh. 58 billion (€450 million) in its Series F funding round. The Funding round w...
APA Insurance has won the top prize in the insurance category in this year's Financial Reporting (FiRe) Awards 2020. The theme for the awards was Financial Repo...
Huawei has released its 2020 Annual Report, indicating a 3.2% rise in net profit to Ksh. 1.08 trillion ($9.9 billion) compared to the previous year. Sales reven...
UAP Insurance has reported a 13% growth in gross premium of Ksh. 10.61 billion in 2020 compared to Ksh. 9.37 billion in 2019, while the net premiums increased b...
The Energy and Petroleum Regulatory Authority (EPRA) recently closed down fuel stations selling low-quality and export bound motor fuels in the local market dur...
Anne Ngatia, Ogilvy Africa's Deputy Managing Partner, will oversee the newly established Strategic Initiatives office. This announcement comes as the network la...
The Safaricom choir will host a virtual Easter concert this Sunday evening for forty-five minutes on NTV and Safaricom’s YouTube Channel as from 8 pm East Afric...
Kenya has hit out at the United Kingdom after London added the it to its coronavirus travel red list. In a statement issued by the Ministry of Foreign Affairs, ...
Kenya has joined The Canada-Africa Chamber of Business as a full member of the 27-year-old organization. The organization is committed to accelerating Canada-Af...
The Association of Insurance Brokers of Kenya (AIBK) has elected Mr. Anthony Mwangi as the National Chairman. He was elected during the Association’s 55th Annua...
A new research from Standard Chartered has unveiled that more than 50% of African companies are delaying their energy transition targets. This delay has left th...
Media company, GroupM, has announced the expansion of its GroupM Academy GradX program to Kenya and Nigeria, with plans to add other markets in the future. The ...
AAR Insurance has released financial performance for the year 2020 that shows the company registered a Ksh. 234 million net profit.
This is a reduction from ...
Emirates SkyCargo has become the first airline cargo carrier in the world to have transported more than 50 million doses of COVID-19 vaccines on its flights. Th...
Airtel Africa has announced the signing of an agreement under which Mastercard will invest Ksh. 1.09 billion ($100 million) in Airtel Mobile Commerce BV (AMC BV...
The Insurance Regulatory Authority (IRA) has issued clarification guidelines on the validity and scope of motor vehicle cover on the matter of driving after cur...
The African Private Equity and Venture Capital Association (AVCA) has released its 2020 Annual African Private Equity Data Tracker report. The report provides d...
Huawei is running a 5-day campaign aimed at giving discounts on various products and services in their Huawei Experience Stores in Nairobi. The Huawei experienc...
Swift Lab is a Kenyan cargo drone company, which specializes in building and operating medium range and medium payload unmanned aircraft. The company was founde...
LG Electronics commercial air conditioning technology has been internationally recognized for its ability to improve indoor air quality. This technology has mad...
IFC, a member of the World Bank Group, has released a new report titled COVID-19 and Women-Led MSMEs in Sub-Saharan Africa: Examining the Impact, Responses, and...
Allianz Africa recently held a webinar on The Digitization of Agriculture Insurance Through Parametric Solutions in partnership with Allianz Re. The webinar was...
NCBA Bank has recorded a decline in its net profit from Ksh. 7.8 billion to Ksh. 4.5 billion at the close of the financial year ended 31st December 2020. This i...
Golden Africa Kenya, a manufacturer of fast-moving consumer goods, has launched an antibacterial multi-purpose washing bar, Super Saba+. According to the compan...
Standard Chartered, as part of its COVID-19 financing initiative, has allocated Ksh. 329 million ($3 million) funding to Devki Group. The funding is part of the...
Kenyan Banking start-up, Tanda, has launched an expansion drive after it secured funding in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota...
Equity Group has posted a net profit of Ksh. 20 Billion for the full year 2020, this was a 11.6% decline from the previous year.
This drop in profitability w...
