Stanbic registers increased Ksh. 7.2B net profit for FY 2021
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...
There is a need for Kenyan banks to design concessional loans for business with favorable terms
The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it hit Kenya. However, its economic impact has been sev...
Microsoft launches initiative to support 10,000 African startups over the next 5 years
Microsoft has announced new initiatives intended to accelerate the growth of 10,000 African start-ups and fast-track investment in Africa’s start-up ecosystem o...
Safaricom recognized at the Zero Project Awards due to to its diversity & inclusion
Safaricom has been recognized as one of the recipients of the 2022 Zero Project Award. The award recognizes innovative practices and policies aimed at driving ...
Penda Health & Phillips Foundation to offer X-Ray and ultrasound services to Kenyans
Penda Health has partnered with the Phillips Foundation in offering X-ray and ultrasound services to Penda’s over 250,000 patients every year.
The new servi...
Safaricom Foundation partners with Baringo County to revamp maternity wing at Mugurin Dispensary
More than 1,200 women will now be able to benefit from easy access to maternal health services after the County Government of Baringo and Safaricom Foundation p...
Zuri Health a Kenyan startup has emerged as the winner at the Sankalp Africa Awards 2022
Zuri Health a Kenyan healthcare startup has emerged as the winner at the Sankalp Africa Awards 2022. This award ceremony took place at the Sankalp Forum.
Sa...
realme expands offering with the launch of GT 2 Series smartphones
realme has unveiled the premium GT 2 Series smarp at the Mobile World Conference (MWC) 2022. The range of devices include the Realme GT 2 and the Realme GT 2 Pr...
KCB recognized as the Best Sustainable Bank in Kenya by the International Business Magazine
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...
MKOPA secures $75 Million in its Growth Equity funding round
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 acquires Century Microfinance Bank in an expansion drive
Branch International, a digital lender has acquired Century Microfinance Bank in its latest expansion drive. With this move, it becomes first digital lender to ...
M-PESA Foundation partners with Gertrude’s Hospital to launch telemedicine initiative in Samburu County
M-PESA Foundation and Gertrude’s Hospital Foundation have launched their telemedicine initiative, Daktari Smart, in Samburu County.
The programme targets ove...
Kenya selected to host one of Africa’s two ICANN managed data hubs
Kenya has been selected to host one of the two The Internet Corporation for Assigned Names and Numbers (ICANN) Managed Root Server (IMRS) clusters in Africa. Th...
Myra Anubi a Kenyan journalist has joined the BBC
Myra Anubi, a Kenyan journalist who previously worked at Kisumu's Urban Radio has joined the BBC. Through an announcement post on LinkedIn, Myra said that she i...
Land O’Lakes Venture37 signs agreement to boost horticulture exports in Kenya
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...
Leo Gitonga a 15 year old golfer has emerged as the winner of the second leg of Safaricom Golf Tour
Limuru based junior golfer Leo Gitonga has emerged as the overall winner of the second leg of the Safaricom Golf Tour which was held at the Limuru Country Club ...
Standard Chartered forecasts that Kenya’s exports will hit almost Ksh. 1.2 trillion by 2030
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...
How the mango and potato value chains can help alleviate youth unemployment
Kenya and Africa in general has been blessed with a huge youth dividend. Whereas in other parts of the world, this is seen as a blessing, here it comes across a...
Coca Cola commits Ksh. 4 million to sponsor the 2022 Magical Kenya Open Golf tournament
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 fintech company secures Ksh. 1.5 Billion to revolutionize digital payments in Pakistan
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...
Fena Gitu is set to headline the International Women’s Day Concert going down on March 4th & 5th
The International Women's Day Concert Series was founded in 2017 by the Kenya Conservatoire of Music to celebrate women in music. With the need for diversificat...
HMD Global launches the Nokia 105 & Nokia 110 African edition, to retail as from Ksh. 1,899
HMD Global recently launched two new feature phones exclusive to Africa, the Nokia 105 African Edition and the Nokia 110 African Edition. The Nokia 105 African ...
Crown Motors launches the new Nissan Terra in the Kenyan market, retailing as from Ksh. 7.67 Million
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 ...
Absa Bank to sponsor Kenyan pro golfers to the tune of Ksh. 3 Million at this year’s Magical Kenya Open
Absa Bank Kenya has announced it will sponsor four professional golfers from Team Kenya in the 2022 edition of the Magical Kenya Open (MKO). The competition wil...
Lawyers Hub Kenya announces 2022 LawTech Festival dates
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...
Kenya named as Africa’s fastest growing market for content creators on YouTube
YouTube statistics recently released have shown that Kenya is leading as the fastest growing market for content creators in Africa. The statistics show the numb...
Coca Cola Foundation partners with the Deaf Society of Kenya to build economic capacity for the deaf
Close to 15,000 deaf women and youth in Kenya are set to benefit from an economic empowerment project titled Boosting Economic Self-reliance of Deaf Women and Y...
Jakoni Prestige & Frangos Bar emerge as winners at the inaugural Bolt Food Restaurants Award ceremony
Bolt Food held its inaugural Restaurants Award ceremony yesterday to recognize and award top restaurants on its platform for their exclusive approach to custome...
Meta launches Reels on Facebook & better ways for creatives in SSA to monetize their content
Meta is expanding the availability of Facebook Reels for iOS and Android users in more than 20 countries across sub-Saharan Africa. The company is also introduc...
IFC partners with 3B Group of Hotels in a bid to support Rwanda’s tourism sector
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 ...
Kenya Airways signs MOU with Boeing on service deal
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 Regional Vice President for Africa to visit Djibouti
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 ...
KPLC posts Ksh. 5.65 Billion net profit for the half-year period ending 31st December, 2021
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...
Usiku Games partners with other game development studios to form Pan Africa Gaming Group
Usiku Games has joined hands with other game development studios across Africa to form Pan Africa Gaming Group (PAGG). This is in an effort to unify the contine...
Fifa has suspended Kenya from all football activities
The world football governing body has suspended Kenya from all football activities for an indefinite period. This is due to what they termed as undue interferen...
Teresa Mbagaya appointed as Director at Save the Children International Board
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...
Bettabets.ng kick starts operations in Nigeria, offers exciting offerings to fans
Sports' betting in Nigeria is on an upward trend, with the debut of Bettabets online platform, a betting site with incredible bonuses for both new and existing ...
Qatar Airways and Malaysia Airlines sign MOU for a strategic cooperation
Qatar Airways and Malaysia Airlines have announced a new chapter in their long-standing relationship by signing a Memorandum of Understanding (MoU). The new agr...
Equity Group partners with Microsoft to launch hackathon open to students from UON and Meru University
Equity Group, in partnership with Microsoft, has launched a virtual hackathon open to students from The University of Nairobi and Meru University of Science and...
There is a need for strengthening of supply chains according to health and tech leaders
Top health and tech stakeholders in the continent have called for the strengthening of
national supply chains. This is by focusing on the role of data and tech...
Sauti Sol, Nviiri & Otile Brown were the most streamed artists in Kenya on Spotify last year
About a year ago, Spotify launched in more than 40 new markets across Africa, including Kenya. As Kenyans have become more familiar with Spotify, they have ...
realme launches the realme 9i smartphone in the Kenyan market, to retail from Ksh. 21,999
realme has launched the new realme 9i smartphone in the country. The latest model is the world's first smartphone to have Snapdragon 680 6nm chip, one of the hi...