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Latest local business stories from across Kenya.

GenAfrica sticks to Africa expansion plans as it marks 30-year anniversary
Kenya Broadcasting CorporationLocal Business

GenAfrica sticks to Africa expansion plans as it marks 30-year anniversary

GenAfrica Asset Managers is targeting to tap emerging investment opportunities in Africa driven by innovation to grow its portfolio as it marks three decades in operation. The firm which currently manages assets for at least 110 clients…

2 min read
Kenya, Japan sign Ksh22B deal to expand local vehicle assembly
Kenya Broadcasting CorporationLocal Business

Kenya, Japan sign Ksh22B deal to expand local vehicle assembly

Kenya and Japan have unveiled a new Ksh22 billion financial facility primarily aimed at rapidly expanding Kenya’s young automotive industry. The deal between the Government of Kenya and Japan’s Nippon Export and Investment Insurance (NEXI)…

3 min read
Ruto launches coffee revival programme to boost farmer earnings
Kenya Broadcasting CorporationLocal Business

Ruto launches coffee revival programme to boost farmer earnings

President William Ruto has launched the Coffee Revival Through Cooperative Societies Programme, a government initiative aimed at increasing farmer earnings, strengthening cooperative societies and restoring Kenya’s coffee sector. Speaking…

2 min read
15 countries adopt Mombasa Declaration to fight illegal fishing
Kenya Broadcasting CorporationLocal Business

15 countries adopt Mombasa Declaration to fight illegal fishing

Fifteen national governments from across Africa, Asia, the Caribbean, Europe, and the Pacific adopted the Mombasa Declaration at the 11th Our Ocean Conference, committing to advance global fisheries transparency and strengthen efforts to…

3 min read
From cattle tracks to coffee farms in Baringo County
Kenya Broadcasting CorporationLocal Business

From cattle tracks to coffee farms in Baringo County

For generations, the hills and valleys of Baringo County have echoed with a story written in dust and conflict the story of cattle rustling, of communities locked in cycles of retaliatory violence, of land scorched not by drought alone but…

3 min read
Kenya Airways seeks Ksh194B fresh capital injection to fund turnaround plan
Kenya Broadcasting CorporationLocal Business

Kenya Airways seeks Ksh194B fresh capital injection to fund turnaround plan

Kenya Airways (KQ) requires approximately $1.5 billion (about Ksh194 billion) in fresh capital to fund its long-term turnaround strategy, Board Chairman Kiprono Kittony has said. Speaking during the airline’s 50th Annual General Meeting on…

3 min read
Slovakia commits to expanding trade and investment links with Kenya
Kenya Broadcasting CorporationLocal Business

Slovakia commits to expanding trade and investment links with Kenya

Slovakia has reaffirmed its commitment to strengthening economic and development cooperation with Kenya, announcing a series of initiatives designed to deepen bilateral trade, attract investment, and forge long-term institutional…

3 min read
High cost of production eroding investors confidence – KEPSA
Kenya Broadcasting CorporationLocal Business

High cost of production eroding investors confidence – KEPSA

The Kenya Private Sector Alliance (KEPSA) has raised concerns over overlapping regulations, multiple levies, administrative delays, and political uncertainty in the country, warning that this is eroding investor confidence. According to…

2 min read
Bandari Maritime Academy strengthens TVET partnerships
Kenya Broadcasting CorporationLocal Business

Bandari Maritime Academy strengthens TVET partnerships

As the global maritime industry experiences increasing demand for qualified seafarers, Bandari Maritime Academy Chief Executive Officer Dr. Eric Katana says the academy is strengthening collaboration with TVET institutions to equip…

2 min read
Kenyan investors urged to tap into the Blue Economy
Kenya Broadcasting CorporationLocal Business

Kenyan investors urged to tap into the Blue Economy

As the construction of the Maritime Survival Training and Certification Centre gains momentum at Bandari Maritime Academy (BMA), Kenyan investors have been urged to grab emerging opportunities within the shipping and Blue Economy sectors.…

2 min read
Kenya Airways steps up operational reforms to sustain profitability
Kenya Broadcasting CorporationLocal Business

Kenya Airways steps up operational reforms to sustain profitability

Kenya Airways (KQ) is intensifying investments in operational efficiency, digital transformation and cargo expansion as the national carrier positions itself for long-term profitability amid persistent global aviation challenges. Speaking…

2 min read
KNCCI, Youth Ministry partner to deliver jobs under NYOTA Programme
Kenya Broadcasting CorporationLocal Business

KNCCI, Youth Ministry partner to deliver jobs under NYOTA Programme

The Kenya National Chamber of Commerce and Industry (KNCCI) has formalized a partnership with the Ministry of Youth Affairs, Creative Economy, and Sports under the World Bank-funded National Youth Opportunities Towards Advancement (NYOTA)…

1 min read
Ruto presides over KSh 250 Million KDC Financing to Trans Elite SACCO
Kenya Broadcasting CorporationLocal Business

Ruto presides over KSh 250 Million KDC Financing to Trans Elite SACCO

President William Ruto presided over the issuance of a KSh 250 million funding facility from the Kenya Development Corporation (KDC) to Trans Elite County SACCO in Kapsabet, aimed at expanding access to affordable credit for more than…

2 min read
Gov’t allocates Ksh3.2B to connect 33,000 households to power in Nakuru
Kenya Broadcasting CorporationLocal Business

Gov’t allocates Ksh3.2B to connect 33,000 households to power in Nakuru

The government has set aside Ksh3.2 billion this financial year to expand electricity access in Nakuru County, targeting about 33,000 households under the last mile connectivity programme. Energy Cabinet Secretary Opiyo Wandayi said the…

1 min read
How Mama Kitchen Gardens are cultivating a healthier generation
Kenya Broadcasting CorporationLocal Business

How Mama Kitchen Gardens are cultivating a healthier generation

In a world where food insecurity and child malnutrition continue to challenge communities, a quiet revolution is taking root in Kenya one school garden at a time. This week, the Steering Committee of the Mama Kitchen Gardens Initiative…

3 min read
Kenyan University to partner with Chinese firm for major solar power project
Kenya Broadcasting CorporationLocal Business

Kenyan University to partner with Chinese firm for major solar power project

Prime Cabinet Secretary Musalia Mudavadi has announced another major undertaking for renewable energy in Kenya following a meeting with Dr. Bernard Chitunga, Chancellor of the Co-operative University of Kenya, and senior leaders from…

1 min read
Kenya’s national AI strategy to benefit from UAE’s $1bn AI fund
Kenya Broadcasting CorporationLocal Business

Kenya’s national AI strategy to benefit from UAE’s $1bn AI fund

The recently announced UAE’s US$1 billion AI for Development initiative presents an opportunity for Kenya to move from policy ambition to practical implementation, particularly in digital public infrastructure, agriculture, and health. The…

3 min read
Tala enters crypto lending market with Ksh 6.5B facility in USDC
Kenya Broadcasting CorporationLocal Business

Tala enters crypto lending market with Ksh 6.5B facility in USDC

Financial technology firm, Tala plans to issue Ksh 6.5 billion ($50m) worth of credit through USDC, the dollar backed stablecoin. The firm says facility will power blockchain-enabled, permissionless lending for millions of global…

2 min read