Tatu City, Kenya’s first operational Special Economic Zone (SEZ), hosted the Ministry of Investments, Trade and Industry, and County Governors for a briefing and tour of the 5,000-acre new city …
Latest in Investment
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Investors in the technology sector are becoming increasingly discerning when deciding which startups to fund. Startups must offer a clear and unique solution to attract funding. The looming recession has …
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Abler Nordic, an investor in Kenya’s Juhudi Kiliom and Kenya Women Microfinance Bank, is targeting to fundraise at least 140 million dollars after a successful name change. “Kenya is one …
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Stima Sacco’s loan book grew by 12 percent from 36.8 billion shillings to 41.3 billion shillings in 2022 according to the latest stats released by the investment vehicle during their …
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It is not easy to shop for insurance in Kenya. There are so many players in the market and sometimes it is hard to tell who offers the best services. …
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Manufacturers have called on the Government to develop and implement policies that will accelerate the transition to a circular economy. This was during the Loop Forum, hosted by the Kenya …
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Crown Paints has entered into a strategic partnership with leading regional low-cost airline Jambojet that will see the firms collaborating in business and sustainability initiatives in Environment and Education. The …
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A recent survey done on 2,600 people has shown that having an active interest in cryptocurrency could be the new language of love. According to the survey: An active interest …
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Saccos, or savings and credit cooperative organizations, are becoming increasingly popular investment options for many individuals looking for a secure and profitable place to put their money. A Sacco is …
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With the Middle East Energy Exhibition and Conference set to host 20,000 visitors and 800+ international exhibitors representing 170 countries, key players in Kenya’s energy industry will be following keenly …
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The Nairobi Global Trade Centre (GTC), the region’s most anticipated premier lifestyle and business destination, has reached a development milestone – the Executive Residences are now ready for occupation. Alongside, …
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A lot has changed at Twitter since billionaire Elon Musk bought it. Twitter has never been the same since, changed for the better though. In an effort to promote “freedom …
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Digital insurance platform mTek has partnered with digital informal retail aggregator Kyosk.app and Fin, a focused fintech platform to provide insurance covers to over 100,000 Kenyan Dukas. Despite employing over …
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Bill & Melinda Gates Foundation CEO Mark Suzman announced the foundation will spend US$8.3 billion this year to continue its work fighting poverty, disease, and inequity. He also shared examples …
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LG Electronics has rolled out its 2023 blueprint aimed at creating innovation for a better life and ensuring a sustainable future for all. Running under the slogan Life’s Good, the …
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Suppose you have made the wise decision of saving and investing for your future. Where would you put your money? In a Co-operative Society or a Savings and Credit Co-operative …
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A letter of credit, or a credit letter, is a document from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the …
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The renowned Precious Blood Secondary School, the weatherman’s headquarters, and a popular nyama choma belt come top of mind when one thinks of Riruta and the wider Dagoretti node of …
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Superior Homes have launched a 100-acre luxury project within Swara Plains Conservancy in Machakos County that will comprise high-end residential houses and serviced plots. Dubbed ‘Lukenya Wildlife Estate’, the project …
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Starting and growing a business is not an easy journey. It’s a journey that requires a lot of commitment, knowledge, and resources. The journey may feel more daunting especially when …
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Every year, people around the world face the devastating impacts of conflicts, diseases, disasters, and climate change that force them to consider migrating to a new country. According to the …
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Old Mutual Kenya Insurance Agent Anthony Karume has been declared and awarded as the overall and best Intermediary of the year walking away with a brand-new car, a VW Polo. …
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Binance, the world’s leading crypto and blockchain infrastructure provider, with an ecosystem featuring an unmatched portfolio of crypto products, sees continued growth across Africa, making it one of the fastest-growing …
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Crypto exchanges have become the heart of the crypto ecosystem, they have succeeded in creating a network where millions of people can participate and reap the perks of financial inclusion. …
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Sarova Hotels & Resorts Kenya has announced operations of its latest hotel management acquisition, Sarova Imperial Kisumu, on December 1st, 2022. This addition is the 8th hotel under the group’s …
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Lipa Later Group has acquired SkyGarden in a move that re-energizes their commitment to bridging the gap between the merchant and a customer with more empowerment between both parties, merchant …
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Once a city is established, its physical structure and land use patterns may change for several generations, which can result in either controlled or uncontrolled sprawl. There will be 1.2 …
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Pension Fund Trustees and stakeholders of the Pensions Industry have been urged to further enhance and improve the retirement benefits framework in the country in a bid to woo both …
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Children are a blessing, so they say. But they can be quite stressful if you do not plan for both their future and their present. There is no pride in …
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The overall Chief Executive Officer (CEO) of UBA Group, a Pan-African financial services group with a presence in 20 African countries, Oliver Alawuba, is set to visit Kenya this Wednesday …
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Africa’s Energy Week held in Cape Town, South Africa, brought together various leaders to discuss the issue of energy poverty and the transition to renewable energy in the continent. According …
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The Dar es Salaam Stock Exchange PLC (DSE) is delighted to announce the signing of a Memorandum of Understanding (MoU) between the DSE and CFA East Africa Society to firm …
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The Toyota Kenya Foundation, in partnership with UN Women and, with funding from the Government of Japan, has launched a new training program for women and youth from Kakuma Refugee …
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Dalbit Petroleum Limited celebrated 20 years of fuelling growth in Kenya and the region at a Gala Dinner held at the Radisson Blu Upper Hill, Nairobi. The company committed to …
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Kenya’s inflation hit a 63-month high of 9.2% in September, according to monthly inflation data provided by the Kenya National Bureau of Statistics. The rising cost of food, fuel, and …
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Mastercard has introduced Crypto SourceTM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers. The 2022 Mastercard New Payments Index reported that …
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Investment
Maisha Microfinance Bank Re-Launches Fixed Deposit Product With The Highest Return At 11.25%
As the discussion as to whether Kenya is doing well in terms of the savings culture or not continues, Maisha Microfinance Bank has re-launched a mobile-based fixed deposit bank account …
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Unity Homes, a leading affordable housing developer in Kenya, has handed over keys to another 64 new homes in Tatu City. The new Unity East development sits on 10.4 acres …
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Kenya Association of Manufacturers (KAM) has launched the 5th edition of the Changamka Shopping Festival. The festival seeks to showcase high-quality locally manufactured products, in a bid to celebrate the sector’s …
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Regional low-cost airline, Jambojet has fully automated its cargo management process after acquiring Cargo Flash’s Octogen Cargo Management System (CMS). The integration covers Customer Management, Cargo booking & Rating, Schedule …
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If you are not planning to succeed, then you are planning to fail. The young ones say, “You only live once” (YOLO) but when it comes to taking loans from …
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Britam Plc has cited tech platforms and partnerships as areas that will accelerate its growth over the next five years. The listed insurer, while releasing its half-year results, said that …
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Uganda is lobbying for increased efforts to make doing business within the East African Community region easier. Uganda, in particular, will advocate for the harmonization of non-tariff barriers within the …
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The African pioneer of Artificial Intelligence and green revolution Agilitee Limited is raising about $2 billion as part of its Johannesburg initial public offering (IPO). The Company will raise $500 …
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Mi Vida Homes’ mid-market housing project at Garden City has been awarded the EDGE certification by the International Finance Corporation (IFC) on account of the project’s energy and water-saving design. The IFC …
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It is no secret that online shopping has taken the world by storm. A quick Google search for “statistics on online shopping” will show you that e-commerce is steadily growing, …
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Initially, owning a car was seen as a dream for many. People had to literally break their bank accounts to own a car; both new and secondhand. It is no …
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As part of its continued drive to ensure customers ‘fly better’, Emirates has selected the new Thales’ AVANT Up system for its incoming fleet of Airbus A350 aircraft, scheduled for …
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ABC Bank has been awarded for its innovative financing solutions which have created long-term value for clients in the agricultural sector at this year’s Kenya Bankers Association (KBA) Sustainable Finance …
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Ever heard the phrase; invest where your heart is and not where your money can go? Yes. Sometimes it sounds like a cliché, but it isn’t. Having money and investing …
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Social entrepreneurship entails the development and funding of solutions that directly address social issues such as food scarcity, poverty, unemployment, unequal opportunity, arid and semi-arid lands, and effects of climate …
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Microsoft has named veteran and Africa expert Kunle Awosika as the new Managing Director of the Africa Transformation Office (ATO), its subsidiary charged with driving digital transformation initiatives across the …
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KCB Foundation will provide full scholarships to 251 University students this year. The Group Director Marketing, Corporate Affairs & Citizenship, Rosalind Gichuru commissioned this group of students who will be …
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Absa Bank Kenya PLC reported a Profit after Tax of 6.3 billion shillings for the half-year period ended June 30, 2022, registering a 13 percent growth as compared to a …
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Kenya is on a growth trajectory. Technology is at the center of this promising path. Over the last few years, we have seen significant investments made in the tech sector. …
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Waanzilishi Capital has been licensed by the Capital Market Authority to provide investment advice, manage portfolios, and design investment funds. It’s the digital-first capital market intermediary and the firm behind …
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Emirates has kick-started its plans to upgrade the entire interior cabins of 120 Airbus A380 and Boeing 777 aircraft – two of the largest commercial aircraft types in service today. …
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Global payments company WorldRemit announced the results of its 2022 Cost of School study observing how the changing economic environment has affected the true cost of education across 21 markets …
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Absa Group’s headline earnings increased 27 percent to R11 billion in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic downturn …
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Over the years, cryptocurrencies have gained enormous popularity, making people adopt them as a tool for financial transactions. In fact, cryptocurrencies have delivered several benefits, such as minimal transaction fees, …
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Virtual Pay International Limited is pleased to announce that it has been granted authorization as a Payment Service Provider (PSP) to carry out Payment Gateway Services in compliance with the National …
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NCBA Bank has, for the third time in a row, been recognized as the preferred bank in asset finance in the banking category at the Transport & Logistics Excellence Awards …
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At least 180,000 smallholder tea farmers under the Kenya Tea Development Agency (KTDA) have voluntarily taken up health insurance with Britam through the Emerging Business Unit segment. KTDA is a …
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ndovu, Africa’s leading wealth management platform that provides easy access to financial markets, today announced a strategic partnership with Tulix, an Antler & Catalyst Fund portfolio company. The partnership will …
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Africa has witnessed impressive growth in many economies over the last decade. Many factors have contributed to this phenomenon. The vibrant SME sector is one of them. The sector has …
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BDO East Africa, a public accounting, tax, and advisory firm is planning to start operations in the Democratic Republic of Congo by 1st October tapping into increased opportunities that have …
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Politician and businessman Jimi Wanjigi has termed the numbers published by the Central Bank of Kenya as an outstanding public debt as being fictitious and meant to hoodwink Kenyans into …
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In the past, the currencies of some of the most powerful countries had their values directly linked to gold. Their currencies could be exchanged for a specified amount of gold …
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The 2020 Association of Kenya Insurers (AKI) Insurance Industry Report indicates that total gross written premiums in 2020 in agriculture insurance amounted to Kes 1.09 billion, representing a significant 66 …
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Proparco, France’s development finance institution, and Ascent Rift Valley Fund II have acquired a majority equity stake in Diani Beach Hospital Limited (“DBH”), the leading healthcare provider on Kenya’s South …
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Meta-owned WhatsApp has no doubt become a game-changer for both micros, small and medium enterprises (MSMEs) to well-established corporates when it comes to reaching customers online. WhatsApp has always provided …
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In Ugandan lakes, three highly nutritious, finger-sized fishes, known locally as ‘muziri’, ‘ragoogi’, and ‘mukene’ dominate fish catches. However, their nutritional – and economic – benefits are not being realized …
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Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider, is celebrating its 5th anniversary by eliminating trading fees on a wide range of bitcoin spot trading pairs. While Binance …
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Kenchic Limited has launched a breaded-chicken range of products, designed to be easy to cook at home and deliver a tasty experience. The products under this range include Crispy Kuku …
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Faulu Microfinance Bank kicked off countrywide Business Community Engagements aimed at supporting SMEs to build resilience in their businesses through access to financing from the bank. This comes on the …
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The Board of Directors of Mi Vida Homes has announced the appointment of Samuel Kariuki as the Chief Executive Officer for Mi Vida Homes effective June 1, 2022. Kariuki joins …
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Equity Group, CFAO Kenya Ltd, and CFAO Agri Limited (CFAO Group) have partnered to provide local farmers and other primary players in the agriculture value chain with easy access to …
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During the planting season in Kenya this year, the rains generally failed. Experts have estimated that food crop harvests around the country will experience the largest drop in history. Sadly, …
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Trade between Kenya and Turkey is flourishing and on track to reach both governments’ target of USD 1 billion, according to Ahmet Cemil Miroğlu, Türkiye’s ambassador to Kenya, on a …
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Global technology company, Mastercard, has announced the signing of a partnership with the Kenya Tourism Board (KTB) to help Kenya’s tourism sector rebound to its pre-pandemic level. The three-year collaboration …
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Running an online business demands a lot. First, you have to find the right niche. This involves a lot of research within the market, looking at what is missing or …
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Binance, the blockchain ecosystem, and cryptocurrency infrastructure provider, sponsored the biggest comedy show in Kenya, in collaboration with Laugh Industry, as it continues in its mission to drive mainstream crypto …
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BuyRentKenya (BRK) the leading property marketplace, and Building in Kenya (BIK), a personal social responsibility initiative that seeks to bridge the existent knowledge gap within the building sector, have entered …
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Britam and Little App are partnering with the Consultative Group to Assist the Poor (CGAP) to introduce Britam’s insurance and investment products to ride-hailing drivers via the Little App platform. …
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Rubis Energy Kenya has partnered with Mobius Motors as the official Mobius service and repair center for the Mobius 3 vehicle, providing Mobius owners with nationwide access to service centers at Rubis stations. Rubis Energy Kenya Lubricants Technical …
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Centum Investments Company Plc will be selling its 83.4 percent shares in Sidian Bank at a cost of 4.3 billion shillings. This is after the investment giant entered into a …
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Anyone with a business can set up their own e-commerce platform. In fact, any business that is not online today has no business being in business. At this age, virtually …
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According to the Fresh Produce Consortium Kenya, Kenya has a huge potential in farming and exporting avocados and bananas. The consortium says a lot still needs to be done to …
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Britam General Insurance has today launched a new travel insurance plan in partnership with Kenya’s leading tour and travel company – Bonfire Adventures and insuretech firm – Perks. Under the …
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When people get employed, they forget they will retire at some point in the future. People forget that their employers will one day ask them to resign. Retirement is as …
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The Co-operative Bank of Kenya introduced an e-commerce product that enables merchants in the SME sector to maximize how they receive payments from customers within and without the country. The …
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By Sa Nyoung Kim Small and Medium Enterprises (SMEs) constitute over 90 percent of businesses in Kenya and provide seven out of ten jobs in the country. Despite their economic …
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Kenchic publicly launched its commitment to animal welfare and food safety today, through a number of policy and guideline documents that can be found on the company’s website. As the …
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CNN’s David McKenzie reports on how the war in Ukraine is causing a shortage of wheat and grain leading to impacts on global food security. Russia and Ukraine are both agricultural export …
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Megapipes Solutions Ltd has introduced a new range of manholes for the Kenyan market, purposefully designed for more efficient construction. The new range of manholes, based on the Weholite HDPE …
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Selling a business is always a challenging task that involves both financial and physical investments. Furthermore, this process frequently requires the engagement of an industry specialist, such as a broker, …
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Kenyan elections are naturally “bad for business.” It is a time that most investors go into a panic and virtually everything comes to a stop. But for a few investors …
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The Elite Residence in Westlands is a development by VAAL Real Estate. The property is located on the exciting, high-demand upper side of Westlands Road. The project is a stone’s …
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Those who have succeeded throughout history are not great believers in luck, and they always find out that the harder they work, the more they have of it.