Latest business stories from across Kenya.
O-Farms, an SME accelerator focused on circular agribusiness, has began its next phase with a mission to make circular principles mainstream in the region’s agriculture sector. The program, by Safi Organics, encourages innovative business…
Special Economic Zones (SEZ) developers, operators, enterprises, investors, and service providers have announced the Association of Special Economic Zones (ASEZ). This newly established independent association aims to unify all SEZ…
The Hub Karen recently marked its 8th anniversary with a grand food festival that attracted hundreds of foodies and families from Nairobi. The festival brought together chefs and food vendors for a showcase of culinary delights from…
Traditionally, individuals prefer to single-handedly manage their finances secretly. Everyone does it their way, oblivious of compelling reasons behind every investment. All said and done, creating an ideal “investment basket” to suit your…
The Hub Karen, Nairobi’s premier shopping and lifestyle destination, marked its 8th anniversary over the weekend with a grand food festival that attracted hundreds of foodies and families from Nairobi.
For the past twenty years, the “Made in China” label has dominated the global marketplace. This dominance, however, has brought both prosperity and controversy. Imagine a world where a new label emerges—”Made in Africa”—signifying a shift…
Safaricom through MPESA has awarded four winners with a fully paid trip to Paris for the ongoing Summer Olympic games, in partnership with VISA. The four lucky winners are Mwaniki Munuhe from Nyahururu, Abdirahaman Faysal, Abdinasir Barre…
Google has announced the 8th cohort of its Google for Startups Accelerator Africa program, including Kenyan startups Nobuk Africa, Nakili, and Triply. This year’s cohort features ten startups from Kenya, Nigeria, Rwanda, and South Africa,…
NCBA Group has announced that Mariam Abdullahi and Andrew Njoroge have been appointed to their board with effect from 1st August 2024. The two have been appointed as Independent Non-Executive Directors of NCBA Group PLC. Mariam Abdullahi…
Stanbic Bank and Fanaka Real Estate have signed an agreement to see the Bank offer vacant land, construction and real estate financing to clients. As part of the agreement, buyers can acquire vacant land parcels from the developer and get…
Absa Bank has been actively expanding, reaching 85 branches with the opening of its latest outlet in Rupa’s Mall, Eldoret. Customers in the town will have access to transactional accounts, savings accounts, deposit accounts,…
Salient Advisory has released its latest market intelligence report, focusing on 24 leading Africa-focused supply chain innovators. Funded by the Gates Foundation, the report titled ‘Leading Innovations Enabling Health Product Access in…
The African Telecommunications Union (ATU) is convening the first Africa Preparatory Meeting for the World Radiocommunication Conference 2027 (WRC-27). The convention marks a milestone in Africa’s efforts to harmonize its…
Kenyan lenders are rediscovering new pockets of growth in banking away from the cities to populous towns and urban centres with Absa Bank being the latest entrant. According to the Central Bank of Kenya (CBK) 2023 annual report, 15…
With the tough economic times that we are currently experiencing as country, there will be times when one needs a helping hand just to get by. This could be in the form of a soft loan to pay off your rent and say utility bills. It could…
MAC Cosmetics is celebrating its 40th birthday with the launch of a new product range, the ‘MACximal Silky Matte’ lipsticks. The new lipsticks are currently available in 40 shades to celebrate each year in business. ‘MACixmal’ offers a…
NCBA has announced a waiver of monthly maintenance fees for all retail banking accounts from 1st July, 2024. This change will affect existing current account products and new products applicable for incoming customers. The new adjustment…
I&M Burbidge Capital (IMBC) has advised Kim-Fay East Africa (Kim-Fay) on its debt raise from Norfund and I&M Bank. Kim-Fay is a manufacturer and distributor of hygiene, tissue, and home care products, primarily operating in East Africa.…
The Alliance for a Green Revolution in Africa (AGRA) has announced 15 finalists for the 2024 VALUE4HER Women Agripreneurs of the Year Awards (WAYA). This year’s selection was drawn from 1,535 applications across 44 African nations and…
The Republic of Zambia has deposited its instruments of ratification of the Constitution and Convention of the African Telecommunications Union (ATU) at the Union’s headquarters in Nairobi. The instruments were officially received by ATU…
Sanlam and Allianz recently launched their joint venture brand, SanlamAllianz, in Ghana. The merger follows the regulatory approvals the Sanlam and Allianz businesses to merge and rebrand to SanlamAllianz. The SanlamAllianz joint venture,…
Intron Health, a health tech company that provides clinical speech recognition for over 200 accents spoken in developing countries, has raised Ksh. 208 million (USD 1.6 million) in a pre-seed funding round. The round was led by…
Kenya Power’s Last Mile Connectivity Project (LMCP) has received a boost of Ksh. 1.85 billion grant from the Japan International Cooperation Agency (JICA). Thanks to the grant, more than nine thousand households in Nakuru, Kilifi, Kwale…
Majid Al Futtaim Retail, which operates Carrefour in Kenya, has launched the second edition of its Retail Graduate Program. Applications are currently open until 15th August, 2024, with the expectation to onboard candidates in October…
