Latest local business stories from across Kenya.
The Nairobi International Financial Centre (NIFC) is eyeing more than 25 billion shillings in greenfield investments in the financial services, artificial intelligence climate finance among other sectors, as the country moves to cement its…
The Kenya Revenue Authority (KRA), in collaboration with a multi-agency enforcement team, has destroyed contraband goods valued at Ksh218 million in an operation targeting illicit trade and tax evasion across the country. The destruction…
Kenya and Rwanda have signed three agreements to enable Rwanda to import bulk refined petroleum products through Kenya, marking a significant step in strengthening regional energy security and trade within the East African Community. The…
Bank of Africa (BOA) Kenya and Ganatra Plant and Equipment have signed a Memorandum of Understanding that will enable businesses to access financing of up to 90 per cent of the cost of new JCB construction and agricultural equipment over a…
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…
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)…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
The Ambassador of the People’s Republic of China to Kenya, Guo Haiyan, has stated that Kenya stands to unlock numerous trade opportunities and expand its exports following China’s decision to implement zero-tariff treatment. According to…
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)…
Kenya’s horticulture sector is poised for a significant boost following China’s announcement of zero-tariff treatment for Kenyan agricultural exports starting May 1, 2026. Industry leaders believe the initiative could transform Kenya’s…
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…
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…
A local petroleum exploration and production firm has pledged to maintain international best practice in the production of crude oil resources in Turkana County. Appearing at a Joint Parliamentary Committee of Energy meeting, Gulf Energy…
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…
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…
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…
