MaxAB-Wasoko acquires Fatura, expanding regional reach
MaxAB-Wasoko has acquired Fatura, an Egypt-based B2B e-marketplace, from EFG Finance, a subsidiary of EFG Holding. As part of the deal, EFG Finance will join Ma...
US-Kenya Creative Economy Forum 2025 set to boost creative industry ties
The U.S.-Kenya Creative Economy Forum 2025 is scheduled for June 5th in Nairobi. It is organized by the U.S. Embassy in Kenya and the American Chamber of Commer...
CIC Group & Women’s World Banking to develop insurance products for Kenyan women
CIC Group and Women’s World Banking have partnered in a bid to develop inclusive women-centric insurance solutions. The two organizations will collaborate in re...
TECH5, Visa partner with Ethiopia to launch Fayda Wallet, powering Digital ID & payments
Ethiopia has launched the Fayda wallet, a solution designed towards enhancing financial inclusion and streamlining digital transactions. This wallet, co-develop...
Aleph expands Spotify partnership to power ad sales in 80+ markets, including Kenya
Aleph and Spotify have expanded their partnership that makes Aleph Spotify's advertising sales partner in 80+ markets, providing access to 20,000+ advertisers. ...
Standard Chartered launches “Women in Cyber” mentorship to boost East Africa’s female cybersecurity leaders
Standard Chartered has launched the Women in Cyber Mentorship Programme to train next generation female cybersecurity leaders.
It is an initiative that is de...
DTB & Safaricom are offering loans of up to Ksh. 250K to SMEs that use Lipa na M-PESA
Diamond Trust Bank (DTB) has partnered with Safaricom to offer loans to SMEs that use Lipa na M-PESA to accept payments.
The new product is called Taasi Till...
Kingdom Bank’s Q1 2025 net profit reduces to Ksh. 162 million
Kingdom Bank has reported a reduced net profit of Ksh. 162 million for the period ended March 31 2025. This is a reduction from the Ksh. 350 million the bank re...
Propak East Africa calls for urgent collaboration to accelerate eco-packaging adoption
The 10th Propak East Africa Expo will conclude today with an emphasis on the need for accelerating the adoption of eco-packaging. This would be done through inc...
James Gossip is the new MD for NCBA Bank Kenya
The NCBA Group has announced the James Gossip as the new Managing Director of NCBA Bank Kenya PLC, effective 12th May 2025.
James Gossip is an experienced in...
Gates Foundation awards $5 Million to Axmed to boost maternal, & child health procurement in Africa
The Gates Foundation has announced a $5 million grant to Axmed, a healthcare technology company revolutionizing how essential medicines are procured across Grow...
Afreximbank net income jumps 21% to US$215 Million in strong Q1 2025
The African Export-Import Bank (Afreximbank) has released its consolidated financial statements for the first quarter of 2025, revealing a strong performance.
...
ARC Ride to roll out 5,000 electric bob-bodas, standardize battery swapping with BII Funding
ARC Ride has today announced it has secured $5 million in financing from British International Investment (BII), the UK’s development finance institution and im...
EU Ambassadors visit Northern Kenya to advance climate action, security, & digital inclusion
A high-level delegation of European Union Ambassadors, led by H.E. Henriette Geiger, the EU Ambassador to Kenya, is currently undertaking a three-day visit to S...
NCBA Group Q1 2025 profit after tax rises 3% to Ksh. 5.5B, driven by digital loans
NCBA Group has announced a profit after tax of Ksh. 5.5 billion for the first quarter of 2025. This represents a 3% increase from the Ksh. 5.3 billion reported ...
Kenya’s Universal Service Fund faces Ksh. 12 Billion funding gap
Kenya's path towards universal digital access faces a hurdle as the Communication Authority of Kenya's (CA) Universal Service Fund (USF) Strategy 2023–2027 grap...
Standard Chartered Q1 2025 profit after tax declines by 13.5% to Ksh. 4.86B
Standard Chartered Bank Kenya has announced that it has reported in profit after tax at Ksh. 4.86 billion for the first quarter of 2025. This is a 13.5% decline...
Family Bank reports a Ksh. 1.05 billion net profit for Q1 2025
Family Bank Group has announced that it has reported a profit after tax of Ksh. 1.05 billion for the first quarter ended March 31, 2025. This is a slight improv...
KCB Group reports a minimal rise in Q1 2025 net profit at Ksh. 16.53 billion
KCB Group has announced that it has reported a profit after tax of Ksh. 16.53 billion in the first quarter of the year ending March 2025. The profit after tax r...
I&M Group receives Ksh. 4.19B investment from East Africa Growth Holdings
I&M Group PLC has announced that it has received Ksh. 4.19 billion in capital from the sale of 86.5 million new ordinary shares to East Africa Growth Holdin...
Mi Vida Homes enters medical tourism real estate with new Nairobi project
Property developer, Mi Vida Homes, has announced a strategic partnership with Space Master Properties for the commercial and construction development of Habitat...
ATU & Metaverse Institute partner for Metaverse Governance
Africa’s intergovernmental ICT policy body, the African Telecommunications Union (ATU), and The Metaverse Institute have signed a Memorandum of Understanding (M...
EAAIF receives $325M to turbocharge emerging market infrastructure investments
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has successfully comple...
Stanbic Bank digitizes Kenya’s tea trade with EBB & OneFarm platforms
Stanbic Bank Kenya has invested in Kenya’s tea sector through a robust suite of financial products, partnerships, and solutions aimed at empowering all stakehol...
How SMEs can access loans of up to Ksh. 400,000 from Safaricom M-PESA
Safaricom has announced that it has expanded it loans products on its M-PESA platform to more businesses that include SMEs.
Businesses will have access to cr...
GTBank supports wildlife conservation through sponsoring the Ol-Pejeta Conservancy Golf Tournament
Guaranty Trust Bank Kenya (GTBank Kenya) is the headline Sponsor of the Ol-Pejeta Conservancy @20 Golf Tournament. The event will take place on 31st May 2025 at...
Rhino Charge 2025 receives Ksh. 25.8M sponsorship from Safaricom
Safaricom has today announced a Ksh. 25.8 million sponsorship for this year’s Rhino Charge event. The charity event is set to take place on Saturday, 31st May i...
Visa & AFRAA report shows airlines how to increase revenue & reduce fraud
Visa and AFRAA have launched a study that provides insights for African Airlines on increasing revenue, reducing fraud, improving passenger experience, and enha...
Equity Group has been given Superbrand status in East Africa for 2025
Equity Group Holdings has been recognized as a Superbrand in East Africa for providing services and products in the financial services sector.
Superbrands is...
Why business communities and networking organizations must be in every entrepreneur’s toolkit
Kenya is seeing a shift in the employment sector as majority of the population is seeking to become entrepreneurs and business owners, ditching the jobholder ti...
Maurice Muendo’s debut feature film “BOBO” to premiere on Showmax on May 23
Kenyan filmmaker and MultiChoice Talent Factory alumni Maurice Muendo is set to have his directorial debut film, BOBO, premiere on Showmax this May. The film co...
How to buy a smartphone from Safaricom with Ksh. 500 deposit & Ksh. 30 daily payment
Safaricom has launched a new nationwide campaign dubbed Maisha Poa Ni Digital, aimed at helping Kenyans upgrade to affordable 4G smartphones.
The campaign s...
Kenyan students among Top 3 finalists at Microsoft Imagine Cup 2025
Kenyan team of students are have been recognized as one of the top three finalists of the prestigious Microsoft Imagine Cup finals. The students are from The A...
Roadside by rescue.co launched to provide emergency roadside assistance service
Rescue.co has announced the launch of Roadside by rescue.co, a roadside emergency assistance service.
The service costs Ksh. 8,888 (incl. VAT) per vehicle an...
Choice Bank rebrands & unveils digital-first model
Choice Microfinance Bank is now Choice Bank and has launched a digitally powered banking model, seeking to serve its customers better. The bank has also commemo...
M-Pesa Foundation to invest Ksh. 254 million in free medical camps in 30 counties
M-Pesa Foundation has announced that it will invest Ksh. 254 million in the third phase of its medical camp programme. The programme, which was launched in 2023...
End Femicide KE rallies support for GBV & Femicide Public Participation Forums
This week and last week, the End Femicide KE Movement joined communities across the country for the national public participation forums. The forums have been c...
Kenya imported mitumba clothing worth Ksh. 28 billion in 2024
According to new report, Kenyan Mitumba clothing exports were Ksh. 28 billion in 2024. Data from the Economic Survey 2025 shows that Kenyan textile imports for ...
SEACOM bridges ICT education career gap with academic tours, mentorship, & internships
SEACOM East Africa is actively investing in the future of technology by bridging the gap between education and the professional world through its comprehensive ...
M-KOPA in Financial Times’ Fastest Growing African Companies list for fourth consecutive year
M-KOPA has made the Financial Times’ Africa’s Fastest Growing Companies list for the fourth consecutive year.
M-KOPA achieved an CAGR of 42% for the 2020-23 ...
Kenya Airways & IATA to pilot the new Integrated Sustainability Program (ISP)
Kenya Airways has announced a new partnership with the International Air Transport Association (IATA) in piloting the new Integrated Sustainability Program (ISP...
M-Pesa Foundation renovates schools in Lamu County at a cost of Ksh. 115 Million
M-Pesa Foundation has launched the construction of learning facilities worth Ksh. 115 million at Maisha Masha and Mtangawanda Primary Schools in Lamu County.
...