Safaricom has partnered with UNESCO, and Eneza Education to implement a digital mentorship programme for high school students interested in Science, Technology, Engineering and Mathematics (STEM).
Aviat Networks, Inc. has announced that Safaricom, the largest telecom company in Kenya, has selected Aviat's WTM 4800 multi-band radio platform for 5G backhaul.
Telkom and Loon have announced the availability of mobile Internet service via the Loon technology to Kenyans, starting July 2020.
Safaricom has announced the launched of an Android TV Box as part of a strategy to bring its Home Fibre service to more homes.
In order to facilitate transitional arrangements in the coffee sector, the Capital Markets Authority (CMA) in Kenya has issued guidance to support sector players.
Psychologically, the Covid-19 pandemic has impacted our emotions, our thought processes and ultimately our behavior.
The United Nations World Food Programme (WFP) has launched cash transfers and nutrition support for more than a quarter of a million people struggling to survive from the impact of COVID-19 on informal settlements in Nairobi.
Del Monte Kenya Limited has unveiled a six bed isolation room to be used in the event of employees exhibiting Corona virus symptoms before they are referred to the Government health facilities.
British American Tobacco Kenya plc (BAT Kenya) has held its 68th Annual General Meeting that has seen the company launch its new corporate purpose.
The Anti-Counterfeit Authority released the findings of a National Baseline Survey on the extent of counterfeit and other forms of illicit trade in Kenya.
TradeMark East Africa (TMEA) and the European Union signed a €5 million agreement to support the Safe Trade Emergency Facility being implemented by TMEA in the region.
Following the March announcement by the Central Bank of Kenya (CBK) of measures to facilitate increased use of mobile money transactions instead of cash, in the context of the COVID-19 pandemic, CBK has reviewed its implementation.
A new report published by the Internet Society explains the steps African countries can take to bring faster and less expensive Internet connectivity to the continent.
Safaricom has partnered with Radio Africa Group and Mediamax to enable customers purchase The Star and People Daily e-Papers for KES 10 per issue.
REDAVIA has signed four new COVID-19 Resilience Leases in Ghana and Kenya, offering these businesses six months of free solar to withstand the COVID crisis.
KCB Group disbursed KSh. 2.12 billion in dividend earnings to the Government of Kenya for the year ending December 2019, signifying a sustained return to shareholders amid a tough operating environment.
Safaricom launched the Lipa Na M-PESA Business smartphone app for more than 170,000 merchants on the service.
Kenya’s Metropol Corporation Limited has unveiled two financial products it says will assist borrowers engage with their lenders safely and virtually in the wake of the corona virus pandemic.
Redavia , a global market provider of cost-effective, reliable, and clean solar power for businesses, has signed four new COVID-19 Resilience Leases in Ghana and Kenya.
300 students who have been shortlisted for Safaricom Foundation’s Technical and Vocational Education and Training (TVET) programme are set to begin online classes this June.
Pan-African telecoms group Liquid Telecom has partnered with Twiga Foods to increase agricultural productivity through precision farming.
[Kenya] Equity Group Foundation, Mastercard Foundation commit $1.93 million to support learning amid Covid-19
Equity Group Foundation and the Mastercard Foundation have partnered to support over 14,600 students in the Wings to Fly and Elimu scholarship programs.
[Column] Phyllis Wakiaga: Kenya economic recovery is anchored on saving lives and securing livelihoods
The International Labour Organization (ILO) highlights that protection of workers and their families from the risk of infection should be a top priority for all economies at this time.
Up to 81 per cent of local manufacturers have stated that they are hopeful that they will hold steady through the pandemic and continue to play their role in creating wealth and productive jobs for all citizens.
Coronavirus has brought enormous setbacks, suffering, and forecasts of a global depression ahead following the closure of so many economies for so long.
KCB Group has announced a KSh.11.1 billion total dividend payout to shareholders for the 2019 financial year, signifying a sustained return to shareholders amid a tough operating environment.
The Kenyan government has launched Sh1.8 billion, approximately $17 million, rural youth employment programmes in western Kenya through agriculture in partnership with German Development Agency
Safaricom and Google have announced plans to leverage their digital and data capability to enable Kenyans access the wide collection of entertainment, education, sports and news content available on YouTube.
For the first time since 2018, the United Nations World Food Programme (WFP) has managed to send a humanitarian convoy from Kenya directly into South Sudan via the Nadapal Border crossing just as hunger is peaking in the country.
The Kenya Revenue Authority (KRA) has won a case to collect taxes worth Ksh.1.3 billion from Van Den Berg limited, a Dutch flower firm operating in Kenya.
FAO welcomed the decision by the Global Environment Facility Council to allocate a substantial $176 million to 24 of its projects that tackle the critical intersection between agriculture and environmental concerns.
African equity capital markets activity see downward turn, but increase in domestic investors, report
Data presented from the PwC Nigeria 2019 African Capital Market Watch shows that African equity capital markets activity has seen a downward trajectory over the past three years.
Nestlé Kenya has donating KSh17.99million, approximately $170,000 in cash to boost the Kenya Red Cross Society efforts to respond to Covid-19 pandemic.
The EU has mobilised €3 million in emergency assistance to countries in East Africa that have been hit by heavy rainfall over the past weeks, triggering devastating landslides and floods.
Fred Midikila is the Head Investigator at the Kenya Society for the Protection and Care of Animals (KSPCA), a job he has taken to heart for the 25 years he has worked in the organization.
[Kenya] Check Point joins forces with Strathmore University to address cyber security skills shortage
Check Point Software Technologies, a leading provider of cyber security solutions globally, announced that its Check Point SecureAcademy education initiative has partnered with Strathmore University in Kenya.
Sanda Ojiambo, Safaricom’s Head of Sustainable Business and Social Impact has been appointed as the Executive Director of the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative.
Kenya’s agritech and financial services startup Apollo Agriculture has raised $6 million in Series A financing to bolster its resolve to empower small-scale farmers to maximize their profits.
Kenyan insurer APA Insurance has launched an app that will enable Kenyans to make fast and safe motor insurance purchases, renewals and report claims easily on their mobile devices anywhere and anytime.
Team Europe - the EU, Germany, the Netherlands, Belgium, France, Sweden and Denmark are bolstering food security in Kenya and the region with over Ksh 16 billion (EUR 140 million) at a time of crisis due to COVID-19.
The Kenya Revenue Authority (KRA) is set to collect Kshs. 35 Million in taxes from BTB Insurance Brokers following a decision in its favor by the High Court.
[Kenya] Bankers survey projects pandemic-led business slowdown, highlights commitment to support economy
The Kenyan banking industry anticipates a business decline this year as the Coronavirus Disease (COVID-19) continues to affect economic activity across sectors.
The World Bank has approved a $1 billion budget support operation for Kenya, which helps close the fiscal financing gap, while supporting reforms that help advance the government’s inclusive growth agenda.
Villgro Kenya announced an investment of $50,000 to The Pathology Network, a digital referral platform for pathologists in Kenya.
Telkom Kenya customers will now have convenient and subsidised access to medical consultations through its partnership with Valentis Health, a doctor-founded healthcare service providing telemedicine.
Moody's Investors Service, has changed the outlook of KCB Bank Kenya Limited, Equity Bank and Co-operative Bank of Kenya Limited long-term deposit ratings to negative from stable.
Carlos Felipe Jaramillo, an economist and development expert with almost two decades of experience at the World Bank Group, has been appointed Vice President for the Latin America and the Caribbean Region.
The Climate Resilient Agribusiness for Tomorrow project has co-invested € 2 million in grants to 14 private sector companies working in agriculture value chains in Kenya, Tanzania and Uganda.
Moody's Investors Service, has changed the outlook on the Government of Kenya's ratings to negative from stable.
Necessity is the mother of all inventions. We are witnessing an increase in innovations as the world races to develop a vaccine to treat COVID-19.
Silafrica has announced it is introducing the Smart Crate Technology for Twiga Foods, a Kenyan company.
Liquid Telecom has connected Kibabii virtual school in Bungoma County to its high capacity fibre network with the latest digital and collaboration tools to enhance remote learning during the COVID-19 pandemic.
The High Court sitting in Nakuru ordered Rayan Logistics Limited, a transporter, to pay KRA Kshs.3, 954,673 in respect of export petroleum products that was consumed in Kenya.
Safaricom will provide communication resources equivalent to 195 terabytes of data, 10 million voice call minutes and 33 million SMSs to critical Government healthcare workers for the next three months.
Terry Macharia is a founder and Managing Partner at Secvate Solutions, an information technology startup domiciled in Nairobi Kenya that has since 2018 been offering customized software solutions, cyber security consultancy and data analytics.
DEG, Deutsche Investitions- und Entwicklungsgesellschaft mbH is investing in a Kenyan local supermarket chain, Naivas.
DEG is providing a loan from the AfricaConnect programme funded by the Federal Ministry for Economic Cooperation and Development (BMZ) to finance the production of organic macadamia nuts from German-Kenyan company, Limbua.
The Association of Equipment Manufacturers (AEM) submitted its industry’s priorities for the proposed United States-Republic of Kenya Trade Agreement.
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
The Coca-Cola Foundation, the Coca-Cola Franchise in Kenya and its bottling partner Coca-Cola Beverages Africa have contributed over Kshs 30 million worth of support in Covid-19 sensitization and relief in Kenya.
Digital food baskets are pivotal in helping Kenya flatten the COVID-19 curve by ensuring poor households continue to get uninterrupted food supply.
Kenya’s gross domestic product (GDP) is projected to decelerate substantially in 2020 due to the negative impact of the COVID-19 (coronavirus) pandemic.
Kenya’s budget airline The Jambojet has appointed Karanja Ndegwa as its acting managing director, with effect from May 1, 2020.
The Food and Agriculture Organization (FAO) received a donation of $10 million from the Russian Federation to support its operations in fighting against the Desert Locust outbreak in East Africa.
OLA Energy has launched a new fuel formulation as part of its growth and rebrand strategy and the new fuel is available across the entire network of over 84 service stations in Kenya.
The Kenya Revenue Authority (KRA) won a case to collect Withholding Tax amounting to Ksh.33,534,855.00 from Kenya Nut Limited.
The Central Bank of Kenya announced the acquisition of 51 percent of the shareholding of Mayfair Bank by Commercial International Bank (Egypt) S.A.E (CIB) effective May 1, 2020.
Global agribusiness company, Cargill has picked Maxim Agri Ltd to be the sole distributor of its animal nutrition products.
Kenya has sent over 300 bouquets of flowers to London, United Kingdom in a show of solidarity with a country that remains its prime floriculture market amid the Covid-19 pandemic.
Falling visibility in three major African cities reveals air pollution has increased significantly over the last 45 years, leaving citizens facing further short-term increases in man-made pollution.
AM Best has revised the Kenya Re's outlook of the Long-Term Issuer Credit Rating to negative from stable.
The Capital Markets Authority (CMA) has cautioned investors against investing through unlicensed and unapproved entities offering Fund Management and Investment Advisory Services.
Tigo Tanzania, has launched a service that allows all Tigo Pesa customers to send and receive cash on their mobile money wallets from M-PESA in Kenya, MTN in Uganda and MTN and Airtel in Rwanda.
EAIF has been appointed joint mandated lead arranger (JMDA) of the US$30 million debt finance package being raised by Tembo Power to build the Kaptis hydro-electric power plant in Western Kenya.
AfDB’s SEFA grants $760,000 to develop small-scale renewable energy projects across Sub Saharan Africa
The AfDB managed Sustainable Energy Fund for Africa (SEFA), has approved a $760,000 grant to Empower New Energy AS (EmNEW), to develop at least eight small renewable energy projects across Sub Saharan Africa.
Telkom Kenya has launched a customized and reliable mobile data solution for the students, members of faculty and staff of the University of Nairobi.
REDAVIA has created a new concessionary solar power program, the COVID-19 Resilience Lease, in order to stand by Ghanaian and Kenyan businesses.
GreenTec Capital has invested in Kenya’s Amitruck, an innovative mobile and web based trucking logistics platform that brings together cargo owners and transporters for their mutual benefit.
Leading eCommerce platform Jumia donated 100,000 masks to Kenya's Ministry of Health to support community health workers, who are on the front line responding to suspected and confirmed cases of COVID19
The Central Bank of Kenya (CBK) has taken regulatory action against Absa Bank Kenya PLC (Absa Kenya), following Absa Kenya’s failure to provide information about some specific foreign exchange trades that it conducted in March 2020.
The Capital Markets Authority (CMA) has admitted the Central Depository and Settlement Corporation (CDSC) to the Regulatory Sandbox to test its proposed screen-based Securities Lending and Borrowing (SLB) platform.
Digital startup Gravity is among the ID2020 inaugural class of digital identity solutions to have received the ID2020 Certification Mark.
Securing our food supply has emerged as an imperative in the current global pandemic, prompting Kenya government’s announcements of measures to prioritize the supply of food.
Vodacom and Safaricom have completed the acquisition of the M-PESA brand, product development and support services from Vodafone through a newly-created joint venture.
Ilara Health, a health tech company has launched a readiness package that will allow Kenyan peri-urban clinics and pharmacies to be the first line of defense against the COVID-19 pandemic.
The World Food Programme (WFP) welcomed a contribution of US$7.5 million from the Government of Japan to help support vulnerable people in three East African countries hit by locust swarms feeding off crops.
Kenyan TV programmes have blazed the trail in providing timely and unique information on agriculture which has translated into increased social outreach.
Mastercard has launched the rollout of its first 2020 Girls4Tech programme in Kenya.
The U.S International Development Finance Corporation (DFC) announced the first disbursement of a $5 million loan to Twiga Foods to strengthen food security in Kenya by increasing farmers’ access to markets.
Safaricom has partnered with Eneza Education, Longhorn Publishers and Viusasa to provide free access to educational content for primary and secondary school students studying from home.
Kenya Association of Manufacturers (KAM) has launched an online directory of locally manufactured goods, in the wake of the confirmation of coronavirus (COVID-19) cases in the country.
Devastating scenes of flower workers disposing tens of thousands of blooms on a daily basis have come to symbolize the extent of the damage the Coronavirus has visited on the Kenya floriculture sector.
Safaricom and the National Social Security Fund (NSSF) have announced a partnership to empower customers on the NSSF Tenant Purchase Scheme make monthly installments through M-PESA.
Safaricom has rolled out a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
A report released by the GSMA says that Kenya is making excellent progress to achieve its target of universal broadband coverage by 2030 and there is an opportunity for the government to accelerate the country’s digital transformation.
Kenyan health tech startup Afya Rekod is sprinting to launch its artificial intelligence (AI) and Blockchain built consumer driven health data platform amidst the corona virus pandemic.
Africa Business Communities interviews the Cyrus Mulinge, the CEO of Trots Technologies, a Kenyan based mobile commerce platform.
Agricultural Solutions Kenya has been working with rural communities and youth in the supply of agricultural machinery, biogas installations and training.
Local retailer Tuskys, and Amref Health Africa in Kenya have announced a working partnership leveraging mutual capacities to manage the Coronavirus threat in the country.
Loon, the Alphabet company working to bring balloon-powered Internet to Kenya with its local partner, Telkom Kenya, announce the reception of all regulatory and Cabinet approvals to begin flying balloons in Kenya.