Latest business stories from across Kenya.
More than 100 NCBA Bank commercial and SME banking customers started their journey to China on 14th October, for a market exposure trip hosted to explore one of the world’s most dynamic business hubs.
It is America’s biggest lender by assets, with total assets of $3.503 trillion. And for the first time, JPMorgan Chase is planning to expand its consumer banking operations to Kenya, with preparations to establish its first-ever…
Fintech company M-KOPA has announced appointment of Rajeev Suri as Chairperson of its Board, effective 1st December 2024. Rajeev Suri has served as CEO of Nokia as well as Inmarsat, and now also serving as chairperson of Digicel and board…
NCBA Bank has today open a new branch in Diani (Ukunda) in Kwale County as part of its local expansion plans to bring its services closer to its customers. The new branch, located in Diani, Ukunda town, is the second in Kwale county. NCBA…
Home appliance and consumer electronics manufacturer VisionPlus plans to set up a Ksh. 125 million plant in Kenya to manufacture smart televisions and audio entertainment systems. The firm announced its investment in the Ksh. 125 million…
It’s exciting to see how AI is opening up new possibilities for African entrepreneurs. Over the past few years, we’ve witnessed a surge in innovation, with startups leveraging cutting-edge tools and resources to turn their ideas into…
Absa Kenya Foundation (AKF) has handed over Ksh. 600,000 worth of textbooks and learning materials valued at Ksh. 60,000 to Kisumu Day and Boarding High School. This marks the first initiative to be implemented by the newly established…
The role of entrepreneurship in economic development is substantial as entrepreneurs not only build businesses and grow their personal wealth, but also impact the economy by creating new jobs and opportunities, driving innovation, and…
POS stands for point of sale, the physical or virtual location where customers pay for their purchases. It is a platform that businesses use to process and complete customer payments. By itself, a POS system is a combination of hardware…
Safaricom through M-PESA has partnered with NBA (National Basketball Association) Africa to launch a youth basketball development program. The program is geared towards empowering the youth by providing opportunities through sports.…
XA Network, an investment network founded by tech alumni in Southeast Asia has announced its expansion into Africa with the launch of XA Africa. The move emphasizes the network’s vision and commitment to fostering innovation and supporting…
Huawei has officially opened the registration for the 2024-2025 ICT competition in collaboration with leading universities and TVET institutions in Kenya. This annual competition is part of Huawei’s commitment to nurture digital talent and…
Heineken 0.0 non-alcohol beer brand has announced a Ksh. 5 million partnership with this year’s edition of the Standard Chartered Nairobi Marathon 2024. Following the partnership announcement, Heineken 0.0 will become a title sponsor of…
The Twende Digital Project, an innovative partnership between the Kenya Private Sector Alliance (KEPSA) and Twiva, today launched its second cohort to address youth unemployment and boost SME digital capabilities through social commerce.…
Royal Swinkels has officially introduced the Bavaria Smalt in the Kenyan market as a healthier alternative to traditional carbonated soft drinks. Produced locally and crafted with natural ingredients, Bavaria Smalt has committed to…
Nairobi is set to host the 9th edition of Securexpo East Africa, an exhibition dedicated to homeland security, fire, and safety sectors. This year’s edition has been slated for 15th-17th October and will converge over 3,000 professionals…
Chrome has announced that Rigo Diaz from Nairobi’s Lang’ata Estate is the official winner of its nationwide graffiti talent search. Diaz emerged top after beating first runner-up Ole Tipat, who captivated audiences with his artistic flair…
Standard Chartered has awarded Ksh. 8.75 million to seven women-led startups in the sustainability sector. The investment was made in collaboration with @iBizAfrica of Strathmore University, as part of the seventh cohort of the Women in…
East African Breweries (EABL) has announced that it has spent Ksh. 5.9 billion on businesses owned by youth, women, and Persons Living With Disabilities (PLWDs) in the past financial year. The amount represents 7.9% of EABL’s total…
Youth from Kisii County are set to receive technical vocational skills training from the KCB Foundation. This is following the signing of a partnership agreement between the foundation and the County Government of Kisii. Under the…
Mi Vida Homes has bagged the top honors at this year’s 2024 Kenya Green Building Society (KGBS) Annual Conference Awards held in Nairobi. This year’s event was themed Creating a Sustainable and Inclusive Tomorrow: Innovating the…
Mastercard and Amazon Payment Services have signed a commercial partnership agreement to digitize payment acceptance in the Middle East and Africa. This includes customers in South Africa, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman,…
Samsung Electronics has signed a technology partnership agreement with Hyundai Motor and Kia. The partnership aims to elevate users’ connectivity experiences by fully integrating the SmartThings IoT platform with Hyundai and Kia’s…
Kenya is eyeing the adoption of the latest global energy efficiency and saving technologies to fulfill its decarbonization target. The Energy and Petroleum Regulatory Authority (EPRA) says some of the measures taken to fast-track this…
