The Nairobi Securities Exchange (NSE), has launched an incubation and acceleration board called Ibuka.
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.
Lendable, Inc., a New York and Nairobi based technology-enabled funding provider to frontier market alternative lenders has announced expansion of credit model in Africa.
Weeks after launching direct flights to the United States, Kenya is streamlining its aviation sector further.
Jumia has launched its Africa Hospitality Report 2018/19. The 2nd edition of the report looks at the 2017/2018 trends in the continent’s tourism, travel, hospitality and aviation industries.
Leading storage device manufacturer Toshiba has announced that its go Africa initiative has seen its market share in the storage business grow by 400 percent since the program was launched two years ago.
50 per cent of all new Kenyan jobs are estimated to come from medium and large companies, despite them constituting only 20 per cent of all firms in the manufacturing and services sectors.
At least 3.5 million euros have been invested by the Alaturca Pedras Naturais plant, a company belonging to the Bongani Investment group, in the second line of cutting and polishing of ornamental rocks,
Konza Technopolis Development Authority and Huawei have announced plans to set up an innovation hub in Kenya, at Machakos University dubbed Konza Innovation Hub.
President Uhuru Kenyatta has presided over the launch of new generation Kenya Shilling coins that conform with the provisions of the 2010 Constitution.
The Director of Public Prosecution Noordin Haji has called on all stakeholders in financial institutions and banking sector to work together to strengthen the fight against mobile money fraud and cybercrime.
Most African countries are reported to have a positive economic outlook, apart from those with upcoming elections. This is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report.
Boreal Light GmbH has announced the launch of one of its most unique implementations of the Winture Planet Cube Water Desalination Systems in Miamba, Kenya.
Kenya is set to become the first country in the world to adopt TIACA’s new Cargo Service Quality (CSQ) tool nationwide.
The Central Bank of Kenya (CBK) has announced the appointment of Governor Dr. Patrick Njoroge by the United Nations Secretary-General, to the Task Force on Digital Financing of the Sustainable Development Goals (SDGs).
According to a report released by Stanbic Kenya PMI, operating conditions in Kenya’s private sector economy improved solidly in November, although the rates of growth in output and new orders were marginally below those seen in October.
President Uhuru Kenyatta has affirmed Kenya’s commitment to improving the civil aviation infrastructure.
A new report has highlighted the impact of a project implemented by the United Nations Industrial Development Organization.
Pay-as-you-go solar pioneer Azuri and consumer goods company Unilever have launched an e-voucher system designed to help off-grid rural consumers in Kenya access consumer goods and services via pay-as-you-go solar.
Kwesé, a subsidiary of Econet, has today announced the launch of video-on-demand (VOD) streaming service, Kwesé Play, as the centerpiece in its new Kenyan broadcasting strategy, and a first in Kenya.
TC4A launches its East Africa business in Kenya to boost universal healthcare coverage through digital innovation
Social impact company Tech Care for All (TC4A), has announced the launch of its East Africa business, to be headquartered in Nairobi, Kenya.
The Kenyan government has launched the Kenya National Electrification Strategy (KNES).
Safaricom has today began trial of a new and innovative network coverage technology aimed at enhancing coverage in urban areas.
Safaricom has introduced Zuri, an artificial intelligence (AI) Chatbot assistant available on Telegram and Facebook Messenger. Zuri will offer a fast, convenient and easy way to manage customers’ queries.
Panalpina continues to expand and invest in Kenya, doubling its cold storage space at Nairobi’s Jomo Kenyatta International Airport.
Kenyan manufacturing risks further de-industrialization if the government and firms do not adapt to new digital technologies.
BK Group PLC has cross-listed on the Nairobi Securities Exchange (NSE) becoming the first Rwandan company to tap into the Kenyan Capital Market.
JinkoSolar Holding Co., Ltd has announced that it supplied 55.7MW of high-efficiency modules to the Garissa Solar Power Plant.
The Government of Norway has announced its contribution to the Farm to Market Alliance, a global private-sector led initiative with the aim to make markets work better for smallholder farmers.
The African Development Bank Group has approved a $18.17 million senior loan to the 40 MWac Kopere Solar Power Project owned by Voltalia.
[Kenya] HF Group PLC reports loss as it banks on a diversification strategy to mitigate future risks
HF Group has reported a pre-tax loss of Ksh325m for the period ending 30 September 2018, occasioned by low demand that has led to a slowdown in the real estate credit growth.
Kenya is among few countries in the Africa that has taken positive steps towards the management of plastic pollution.
Kenya has this week successfully hosted the first global conference on blue economy that brought together over 16,000 delegates.
More than 20 partner organizations have launched the Deliver for Good Kenya Campaign.
A Canadian delegation in Kenya for the Sustainable Blue Economy Conference has said that their country will explore new partnerships with Kenya.
A new access to medicine index has noted increasing interest from multinational pharmaceutical companies in doing business in Africa.
Regional low-cost carrier, Jambojet has appointed Mr. Allan Kilavuka as the new Managing Director and Chief Executive Officer effective 1st January, 2019.
President Uhuru Kenyatta has lauded the just concluded Nairobi conference as one that generated the right momentum for harnessing the enormous economic potential of the blue economy.
Kenya’s Family Bank Limited has partnered with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China.
[Kenya] E-health platform MYDAWA partners with Kenya Pharmaceutical Association to advocate for better health care solutions.
Kenya’s e-health platform and online retail pharmacy; MYDAWA and Kenya Pharmaceutical Association (KPA) have announced a new partnership to advocate for access to quality health commodities for Kenyans.
Family Bank has announced that it has surpassed the Ksh500 million mark in loans disbursed, to both its customers and non-customers, within a three-month period through its mobile application PesaPap.
Visa and Vivo Energy have announced a Pan African agreement to provide digital payment services to consumers across 15 African countries, where both companies operate.
Equity Bank has unveiled an innovative online forex trading platform in a move that seeks to harness the potential of the financial markets in Kenya.
Kenyan based payment service provider DPO Group, has announced a partnership with Aero CRS (an airline customer reservation system) that will see DPO power all the payments at the back-end ensuring all parties receive their payments in real time.
Majid Al Futtaim, the exclusive franchisee operator of Carrefour in 15 countries across the Middle East, Africa and Asia, has partnered with Jumia to provide a secure and convenient way for Carrefour customers to shop for groceries and household goods online starting end of December.
The African Economic Research Consortium (AERC) is set to host its 49th Plenary Session of the Biannual Research Workshop in Nairobi, Kenya.
The African Development Bank (AfDB), as part of its African Women's Access to Finance Initiative (AFAWA), is partnering with Entreprenarium to build the capacity of 1,000 women entrepreneurs on the continent.
Kenya Power has announced a gross profit of KShs.3.1 billion for the year ended 30th June 2018. During the trading period, electricity sales increased by 2.3 % from 8,272 million units the previous year to 8,459 million units.
Persons living with visual impairment/blindness can now access M-PESA messages independently in braille format and conduct financial transactions with confidentiality.
The European Investment Bank has signed a loan agreement worth $40 million with Telkom.
The core of any economy is the ability of economic agents to convert inputs – capital, labour, energy, raw materials and purchased services – into useful products.
[Kenya] GE Healthcare collaborates with Beyond Zero Initiative to better primary healthcare services
GE Healthcare and Beyond Zero Initiative are teaming up to improve access to quality and affordable primary healthcare services in Kisumu County.
Karibu Homes, a developer has signed an agreement with Tatu City to enable it to develop over 1,000 homes in Kenya.
Researchers at the International Centre of Insect Physiology and Ecology (icipe) in Nairobi, Kenya, have discovered a new, previously undescribed edible cricket with great promise for mass production.
Wananchi Group has announced plans to expand its services to Nakuru town as part of its regional expansion strategy. This will be the third city the company is expanding to after Nairobi and Mombasa.
Kenya and Mozambique have signed a visa waiver framework, paving the way for free movement of people that will boost trade between the two countries.
Five months after rolling uberBODA operations in Kampala, Uganda, Uber has now launched the service in Nairobi.
The Capital Markets Authority (CMA) has suspended Deacons (East Africa) Plc shares from trading at the Nairobi Securities Exchange.
[Kenya] Cellulant patners with Facebook to launch Augmented Reality (AR) powered try-on experiences on Messenger
Pan-African Payments company, Cellulant, has built Africa’s first Augmented Reality (AR) powered try-on experiences in Facebook Messenger.
With an average growth rate of 6.7% between 2013 and 2017 - double the African average - East Africa is one of the fastest growing regions in the world, accompanied by rapid social improvements
Visa has announced a new partnership with Confédération Africaine de Football (CAF) to become the payment technology sponsor of the Total Africa Cup of Nations (AFCON) tournament in 2019 and 2021.
Global technology company Clear Blue Technologies International Inc. has been selected as the power service provider for BRCK, a Kenyan technology provider working to connect frontier markets to the internet.
Kenya’s mobile operators, regulator and government have come together to support a major GSMA initiative aimed at ensuring a safe online environment for children.
The East Africa cement market reached a volume of 14.4 Million tonnes in 2017.
The landing of four fibre-optic international submarine cables in recent years dramatically reduced the cost of phone calls and internet access.
The European Union (EU) and Kenya have held a dialogue session on the EU-Kenya partnership.
IFC, a member of the World Bank Group, TLcom, and the Global Agriculture and Food Security Program (GAFSP) have announced a $10 million investment in Twiga Foods.
[Kenya] Standard Chartered’s ‘Women in Tech’ accelerator program attracts over 180 women-led startups
Standard Chartered’s ‘Women in Tech’ accelerator program has attracted over 180 women-led startup teams with plans to have the applicants cut down to 40 during a shortlisting exercise slated for later this week.
Liquid Telecom Kenya, has today published its second annual Sustainability Report revealing the internal reorganisation and value initiatives that have helped drive the company’s rapid revenue and profit growth.
Safaricom has today announced the deployment of faster and more private cashless payments at over 2,500 Lipa Na M-PESA merchants.
Job Mutai is the Co Founder and the Creative Director of New Age Media agency, a marketing, communications and media company based in Nairobi, Kenya.
African countries have been pushing for an open skies agreement to make intra Africa trade and movement cheaper and faster.
Health Ministry, Non-Communicable Diseases Alliance Of Kenya and Safaricom partner for NCD Information Platform
Kenyans can now access information on non-communicable diseases (NCDs) directly from their mobile phones. This follows the launch of an SMS and USSD service called Fafanuka which is Swahili for ‘to be enlightened’.
Loon, the Alphabet company working to launch balloon-powered Internet on Telkom’s network in 2019, announces that it has secured all necessary regulatory approvals and has begun importing and installing ground infrastructure in Kenya.
Leading national carrier, Kenya Airways will expand its footprint to the Horn of Africa with the commencement of daily operations to Mogadishu, Somalia with effect from 15 November 2018.
Pan-African payments company providing a one-stop digital payments platform Cellulant has announced its partnership and title sponsorship of the inaugural Pwani Innovation Week in conjunction with Swahilipot Hub.
Twiga Foods, a Kenyan mobile phone platform that sells bananas and other produce from small-scale farmers to local vendors and markets is offering local farmers access to a transparent marketplace.
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.
Kenyan innovation hub and tech accelerator iHub is partnering with Raise, a Bahamian and Kenyan technology company that has developed a company ownership platform to manage compliant digital securities in frontier markets.
Telkom Kenya has appointed Mr. Mugo Kibati as its new Chief Executive Officer.
Azuri Technologies and APA Insurance have announced the launch of HospiCash, a low-cost micro-insurance product for Azuri solar power customers across Kenya.
Kenya targets to attain 100 per cent transition to green energy by 2020 as it scales up investment in renewable energy to address the climate change challenge concretely, President Uhuru Kenyatta has said.
Telecommunication company Safaricom has announced new Home Fibre packages that will combine mobile voice, mobile data, SMS and Home Fibre in one package.
As Kenya continues to cement its position as East Africa’s economic powerhouse, it has been on a charm offensive targeting African and global public and private players.
Kenya has moved closer to to the final phase of developing production of nuclear electricity after the state agency Kenya Nuclear Electricity Board (KNEB) invited expression of interest from consultants to undertake what it described as 'site characterization'.
Oil marketer Kenol Kobil has acquired 33 service station from each of Delta Petroleum Uganda and Rwanda by asset sale.
Finserve, an independent arm of Equity Group has announced that mKey, Africa’s first keyboard app that combines both financial social and lifestyle services has recorded close to 100,000 downloads since its official launch in early September.
Redington Kenya Ltd – Telecom Distribution has officially introduced the iPhone Xs and iPhone Xs Max in Kenya
Regional low-cost carrier, Jambojet has leased two new Bombardier Dash 8 Q400 aircrafts from Chorus Aviation Capital, to add onto their growing fleet of aircrafts.
Mercer, a global consulting leader in advancing health, wealth and career, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc., has announced the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work.
Video entertainment firm, MultiChoice Kenya has announced its membership into the Technology Service Providers of Kenya (TESPOK) association which aims at influencing Information Communication and Technology (ICT) policy.
It is quite telling that presently, the port of Mombasa is losing a chunk of Rwanda’s business to Dar es Salaam Port.
HMD Global, the home of Nokia phones, has today announced that the availability of the new Nokia 7.1 in Kenya.
Telecommunication company Safaricom has launched M-PESA Global a new and revolutionary service that opens up M-PESA to the world.
Food and drink company Nestlé has partnered with early education social enterprise Tembo Education to deliver customized, nutrition-based curriculums to families across Kenya, through SMS and WhatsApp messages.
Kenyans travelling to South Africa will now be issued with multiple entry visas valid for up to 10 years following South Africa’s decision to remove short term Visas requirements for Kenyans.
DHL Global Forwarding, the international provider of air, sea and road freight services, has started a partnership with My Dream Now, a Swedish non-profit social enterprise that provides mentorship programs to school children and youth from lower-income backgrounds.
The world’s largest producer of silk, Guangdong Silk-Tex Group, has announced its plans to set up shop in Kenya.
Kenya’s President Uhuru Kenyatta has asked China to give preferential treatment to goods from Africa as it continues opening up its vast market to the rest of the world.
Boomplay, African music streaming and download service and Universal Music Group (UMG) have today announced the signing of a landmark licensing agreement covering multiple markets within Africa.