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.
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.
Mastercard has launched the rollout of its first 2020 Girls4Tech programme in Kenya.
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.
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.
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.
Myron Brilliant, Executive Vice President and Head of International Affairs, U.S. Chamber of Commerce said that the administration is working with Congress to reach a high-standard, comprehensive free trade agreement with Kenya.
In line with the mandate of ensuring an orderly, fair and efficient market as well as protection of investors, the capital markets industry is working jointly to ensure that market activities continue normally.
REREC partnered with SAP to enable expert bid evaluation, contract lifecycle management and supplier self-service through a digital transformation project named Project Platinum.
Following a meeting with commercial banks, the CBK has announced a set of measures that commercial banks will undertake in order to alleviate the adverse economic effects their customers may face from the COVID-19.
Stanley Njeru is the CEO of Buyer Logistics Limited, a Kenyan-based startup offering freight forwading, custom clearance, warehousing and motor vehicle importation services.
In support of Kenya’s efforts to respond to the coronavirus disease (COVID-19), Amref Health Africa has partnered with the Ministry of Health to improve surveillance, early detection and track the spread of the disease.
[Kenya] CBK sets emergency measures to facilitate mobile money transactions, reduce COVID-19 transmission
The Central Bank of Kenya (CBK), following a consultation with Payment Service Providers (PSPs), has announced a set of measures that will facilitate increased use of mobile money transactions instead of cash.
Telkom Kenya has landed the Djibouti Africa Regional Express 1 (DARE 1) submarine cable in Mombasa Kenya.
With an increasing demand for customer-centric service and changing customer behaviour, Kenyan supermarkets are having to redesign and rethink their strategies in order to survive.
GreenTec Capital announces the launch of Boreal Light's largest decentralized solar water desalination project in Eastern Africa in partnership with WaterKiosk LTD, Atmosfair GmbH and the Bilal Sustainable Development Project.
[kenya] Receivables finance can help close Africa’s $90 billion SME ginancing gap, Central Bank Governor
Receivables finance is an important tool that can help to close the $90 billion funding gap faced by small and medium-sized enterprises in Africa, Dr. Patrick Njoroge, Governor of Central Bank of Kenya said.
The Central Bank of Kenya has been advised by both Co-operative Bank of Kenya Limited (Co-op) and Jamii Bora Bank Limited (JBB) of Co-op’s interest in acquiring JBB.
The campaign which will run from 16th – 27th March will see customers visiting the Jumia website to secure deals on phones, computing, televisions, games and consoles, cameras and other accessories.
Nathaniel Ndegwa is the Managing Director of Tipping Point Media, a Kenyan digital marketing startup that has now grown its clientele to 15 countries.
Facebook has launched a Community Accelerator programme that will target projects and initiatives from three sub-Saharan Africa (SSA) countries – South Africa, Kenya and Nigeria.
A new mobile App to facilitate and advance digital training of health workers in Africa has been launched by Amref Health Africa’s Institute of Capacity Development in collaboration with the Elsevier and Dioraphte Foundations.
Government and other stakeholders in the ICT sector last week converged at Strathmore University to join the world in celebrating the International Open Data Day.
Egyptian shuttle-hailing company SWVL has today announced the appointment of Dip Patel as its General Manager in Kenya.
Selina Wamucii, the Kenyan agritech platform has announced that it is opening up its platform to organized farmers groups and cooperatives to sell or export directly to markets worldwide
Visa has announced a $2.4 million (KES 242 Million) grant to Hand in Hand Eastern Africa to support low-income business owners in Kenya.
Close to 1,000 young people from Kenya are expected to benefit from a KES 130 million Safaricom Foundation investment towards Technical and Vocational Education and Training (TVET).
The African Development Bank’s (AfDB) Fashionomics Africa initiative hosted 110 entrepreneurs from the textile, apparel and accessories industry for a workshop on how to establish a successful fashion brand.
Digital Lenders Association of Kenya (DLAK) has announced plans to conduct a month-long event bringing together providers and consumers together in a conversation around financial health and wellness.
Overall, the prevalence of economic crimes in Kenya has decreased with 58% of the respondents indicating that they have experienced some form of economic crime in the last 24 months down from 75% reported in 2018
Safaricom has introduced its artificial intelligence (AI) Chatbot assistant to popular messaging service WhatsApp.
Safaricom has unveiled revamped PostPay plans that will offer customers bundled voice, data and SMS with no-expiry
At least 2,500 learners in Tana River County are expected to acquire literacy and numeracy skills from an Accelerated Learning Programme (ALP) by Safaricom Foundation and ZiziAfrique.
The UK launched the second round of a business innovation challenge fund that will see an additional 5 promising businesses receive grant funding and technical assistance of up to KES 13,000,000 each.
[Kenya] Microsoft launches start-ups initiative to empower social entrepreneurs to achieve more using technology
Microsoft, through its Microsoft for Start-ups initiative, announced the launch of its Global Social Entrepreneurship programme at a plenary session of the Sankalp Africa Summit 2020 held in Nairobi, Kenya.
KenGen has released the unaudited results for the half-year ended 31st December 2019 and full year ended 30th June 2019, indicating a 4.3 per cent growth in profit before tax for the half year period ending December 31st, 2019.
[Kenya] Over 80% of bank customers satisfied with industry service standards, technology, KBA report
According to this year's edition of the Kenya Bankers Association (KBA) Customer Service Satisfaction Survey, bank clients rated their satisfaction level at 83 percent based on banks' responsiveness and service quality.
Kenya Power has laid off 110 employees who were found guilty of aiding fraud, illegal connections and other crimes.
Kenya women are embracing motorcycles for empowerment with bikers clubs emerging as form of social support.
Key industry recently announced the launch of the MRO Blockchain Alliance, the first industry-wide investigation into the use of blockchain to track, trace and record aircraft parts.
Safaricom has announced a strategic agreement with Amazon Web Services (AWS), which will see the Telco become a reseller of AWS services.
In a move aimed at encouraging more local manufacturers to sell online, e-commerce leader Jumia is now extending a 50% reduction on commissions for locally produced products sold on the platform.
On-demand Technology delivery firm Glovo has launched a new technical center in Nairobi in a bid to enhance its service levels to consumers and riders.
Safaricom’s integrated mobile platform DigiFarm has been named the Best Mobile Innovation for Emerging Markets in this year’s Global Mobile Awards (GLOMO).
Safaricom has joined the Valuable 500, a movement that brings together CEO’s responsible for huge organisations to put disability inclusion on the global business leadership agenda.
Ringier Africa Digital Publishing (RADP), one of Africa’s leading media groups is unifying its assets across the continent - to form one integrated media company under the Pulse brand.
Kenya Airways has signed an enhanced codeshare agreement with Alitalia (a partner airline in the SkyTeam alliance), creating additional connectivity to the networks of the two airlines.
Young Scientists Kenya (YSK) in collaboration with BLAZE by Safaricom and the Ministry of Education has kicked off a week-long bootcamp for last year’s winners of the YSK contest at Strathmore University, Nairobi.
Retail lending in Kenya has taken a unique path. It has skipped some stages typical for developed markets and climbed to heights that can be admired and envied.
The Centre for Agriculture and Bioscience International (CABI) has launched a free-to-use dedicated online resource aimed at raising awareness of environmentally friendly biocontrol and biopesticide products.
A trade deal with the U.S. could help both Kenya and its neighbors in the East African Community by fostering the development of regional value chains, according to a former U.S. trade official.
Training Centre in Communication is a centre that works with researchers, research institutes and governments in Sub Sahara Africa to produce and improve their research output and visibility.
Global peer-to-peer (P2P) Bitcoin marketplace, Paxful, believes that the world has much to learn from Africa about the future of the crypto-economy.
Opera announced the successful installation of its new local servers in Mombasa, Kenya. These servers, Opera says significantly increase browsing speed up to four times faster than before,
Safaricom has announced the introduction of SIM cards with the 0110 and 0111 prefixes at all Safaricom Shops and Dealer Outlets countrywide.
ENGIE Africa has successfully accelerated the Access to Energy (A2E) strategy that it launched in 2018 through the development of its three A2E off-grid energy solution companies: Fenix International, ENGIE Mobisol, and ENGIE PowerCorner.
Peter Muturi is the Director of Pertom Digital an IT startup offering its services in Kenya.
Standard Chartered Bank Kenya has become the first commercial bank in Kenya to launch bond traded exclusively through mobile phone.
Maternal health services in Kenya’s Samburu County has received a major boost after M-PESA Foundation constructed and equipped a new born unit at Maralal Referral Hospital.
Cajetan Boy is the CEO of Et Cetera Productions, a Kenyan based film production company.
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in Africa.
Jeneria Lekilelei, a Samburu pastoralist from Kenya has been the face behind protecting lions in the Northern Kenya sanctuary.
Paxful believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.
Kaspersky’s analysis has shown that within 2019 the region saw a circulation of 1,486 threats under the guise of over 20 popular dating applications in Africa.
Andela, the technology company that builds distributed engineering teams with Africa's top software engineers recently hosted a Women in Tech event in Nairobi.
Facebook is partnering with nine non-profit organizations and government agencies throughout sub-Saharan Africa to raise awareness about Internet safety and security.
As more companies and institutions in Africa leverage onthe power of Artificial Intelligence to accelerate growth, Fastagger a Kenyan startup is accelerating AI applications.
Absa Group Limited’s Barclays-branded subsidiaries in seven African countries - Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia were renamed ‘Absa’, completing the name change across the continent.
Empower New Energy has partnered with the Norwegian Refugee Council to seek sustainable solutions for replacing fossil fuels with renewable solar energy in Ethiopia.
President Donald J. Trump announced the United States intends to initiate trade agreement negotiations with the Republic of Kenya following a meeting at the White House with Kenyan President Uhuru Kenyatta.
Faulu Bank has launched a Sh20 million system that has fully automated all bancassurance processes, to improve operational efficiencies and deliver convenience.
The current housing deficit in the Middle Income Housing (MIH) segment is expected to decrease this year according to a new report released by research firm Sagaci.
Sanofi is launching four challenges for African startups to find innovative solutions to improve access to healthcare and transform the health ecosystem throughout the continent.
The President and Chairman of the EXIM Bank met with the U.S. Ambassador to Kenya to discuss how EXIM can help American businesses export their “Made in the U.S.A.” goods and services to Kenya.
The U.S. and Kenyan governments signed an important Amendment to the U.S.-Kenya Air Transport Agreement at the Department of State in Washington, DC.
Safaricom Foundation has today announced the second phase of Ndoto Zetu, an initiative that aims to positively transform lives of communities across Kenya.
Kenya's leading e-commerce platform, Jumia, has opened up its online platform to brands and corporate organizations for advertising as it seeks to raise move revenues.
The financial services industry has been at an inflection point. Regulatory requirements have been on the climb, consumers have begun expecting highly personalised experiences while security threats remain dynamic.
With support from National Institutes of Health, Michigan State University (MSU) researchers are collaborating with Kenyan institutions to develop a mobile health app for adolescents with Type 1 Diabetes.
The global interconnection platform innovator Asteroid International has launched its modern, efficient, and highly automated Internet Exchange Point (IXP) solution in Mombasa, Kenya.
Heads of diplomatic missions of Kenya, Japan and Sweden in Zambia, presented their letters of accreditation as Permanent and Special Representatives to COMESA.
Kenyan on-demand delivery platform Sendy has raised a $20 million Series B led by Atlantica Ventures and backed Toyota Tsusho Corporation.
Behind innovative mobility solutions targeting the physically disabled Kenyans is a company that has invested in modern manufacturing workshops that are designing wheelchairs specifically for the Kenyan terrain.
The first-ever Startup Guide Africa Series 2020 is looking for entrepreneurs, innovators, accelerators, experts and co-working spaces.
Global mobile payments company WorldRemit saw a 43 per cent growth in remittances to Africa from higher income nations in 2019.
The Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) to 8.25% from 8.50%, citing a backdrop of domestic macroeconomic stability, potential risks to food supply and increased global uncertainties.
Paxful, a global peer-to-peer bitcoin marketplace has announced that they will be building a third school in its 100-school initiative to improve access to quality education centers to emerging markets throughout Africa.
Kenya’s roads and railways network is accelerating growth in the logistics sector, which is estimated to hit $5 billion (Sh500 billion) by 2023.
Cytonn Investments launched the first Home Ownership Savings platform within a regulated collective investment scheme, Cytonn Affordable Housing Investment Plan (CAHIP).
Irene Koki Mutungi, the first female African Dreamliner captain in the world has had a towering 23-year-career at Kenyan airlines.