Latest business stories from across Kenya.
Kingdom Bank has opened a new branch in Gikomba, Nairobi that is meant to serve the growing bank clientele among the Micro, Small, and Medium Enterprises (MSMEs). The new branch brings to 20 the number of the bank’s branches and is located…
Diamond Trust Bank (DTB) has opened four new branches in various locations across the country. The new branches are located in Gikomba, Tom Mboya, Global Trade Centre (GTC) and Bomet town. This is in a bid to accelerate the bank’s…
Account planning stands as a critical facet in the realm of sales and client management, serving as the blueprint for nurturing and expanding customer relationships. By understanding client needs and aligning them with business solutions,…
Eaton which is an intelligent power management company has provided vital support towards the successful completion of the Gitugu hydropower plant in Murang’a County. The new power plant is expected to boost electricity supplies to towns…
Algeria has signed a hosting agreement for the 2025 intra-African Trade Fair (IATF2025) slated for 4th to 10th September, 2025 in Algiers. The agreement signing ceremony took place in Algiers and was hosted by the African Export-Import…
Kenya has been rated ‘Largely Compliant (LC)’ on implementation of the international standard for transparency and exchange of information on request (EOIR) for tax purposes. The rating was announced during the 46th Peer Review Group (PRG)…
Isuzu East Africa has hosted its second regional after-sales and sales challenge dubbed the ‘Isuzu EA–1 Grand-Prix Competition’. Over sixty top technicians, service advisors and sales representatives from Isuzu’s Dealer Network across…
Hamad International Airport (DOH) has been named as the ‘World’s Best Airport’ at the prestigious 2024 Skytrax World Airport Awards for the second time running. The Awards ceremony was held at the Passenger Terminal Expo 2024 in Frankfurt,…
Safaricom has today announced that it will sponsor the tune of Ksh. 20 million the upcoming Connected Africa Summit 2024. The event is scheduled to take place from Sunday, April 21 to Thursday, April 25, at Uhuru Gardens in Nairobi.…
Bamburi Cement Plc has announced that it has posted a profit after tax of Ksh. 670 million for the year ended December 31, 2023. This is an improvement from the Ksh. 258 million the company reported in a similar period in 2022. The company…
Viva Technology has announced the top 45 startups shortlisted for the third edition of the AfricaTech Awards in three categories; Climate Tech, Health Tech and FinTech. The awards are a pan-African initiative that identifies and supports…
Majid Al Futtaim has announced the opening of its 23rd Carrefour store at the GTC Mall in Westlands, Nairobi. Majid Al Futtaim owns the exclusive rights to operate Carrefour in Kenya, The new outlet at GTC Mall, which features Carrefour’s…
RHIPFactory Venture Studio has partnered with Qhala Kenya and Africa CDC to host the BuildHealth4Africa hackathon, a 48-hour competition with a prize of up to Ksh 500,000. The hackathon will be held in Nairobi, Kenya from April 19th to…
Cellulant, a Pan-African payments technology company, has announced the appointment of several executives from esteemed global payment companies into its management team. According to the company, the new appointments mark a significant…
IWG, a global provider of hybrid working solutions including brands like Spaces and Regus, is opening another flexible workspace in Nairobi this April. The new workspace is part of a drive by IWG to meet the sharply rising demand for top…
The Bahamas and African Export-Import Bank (Afreximbank) have signed an agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM). The Caribbean country will also host the third edition of the AfriCaribbean Trade and…
Microsoft has announced a USD 1.5 billion investment in G42, a UAE-based artificial intelligence (AI) technology company. The investment is expected to strengthen the two companies’ collaboration on bringing the latest Microsoft AI…
Over the last year and a half, the audience for AI has grown from IT experts to almost anyone with internet access. Large Language Models enable online users to interact with AI systems, regardless of whether they can code. A large part of…
Jubilee Health Insurance has announced that it has reported a Ksh. 438 million profit after tax for the period ended December 31 2023. This is a 29% increase from the Ksh. 339 million it reported in a similar period last year. Insurance…
Family Bank has been awarded for excellence in customer responsiveness at the Innovation and Excellence Awards East Africa during the 11th edition of the Connected Banking Summit.
Caprice Wine has launched a new brand campaign dubbed Unbox the Flavour. The campaign is meant to showcase the brands versatility in pairings with different meals as it taps into Kenya’s growing wine market. Caprice is a wine brand of the…
Caribou Digital, a research and advisory firm, has released its latest publication, The Platform Livelihoods Project. The publication is a pioneering collection of studies on pervasive digital marketplaces, some conducted in partnership…
Twiva, a social commerce platform, has been named the Best Online Social Commerce Platform, across the Middle East and Africa in the Middle East and Africa Business Awards. The recognition is a reflection of the company’s role in promoting…
Mi Vida Homes, a property developer, recently met with investors over the weekend at their iconic KEZA project in Riruta, Nairobi. This is part of the company’s strategic move to widen their customer base. The purpose of the briefing which…
