Kenyan Government partners with private sector, development partners to outline roadmap to achieve energy efficiency goals
The Kenyan Government through the Ministry of Energy launched the Kenya National Energy Efficiency and Conservation Strategy, placing Kenya firmly on track toward sustainable consumption and production including renewable energy generation.
The recent model in the C-series stable to enter the market is the realme C 15 whose ergonomic features, among them a gigantic battery and processing power continue to give it a competitive edge among its peers.
Global smartphone manufacturer realme has announced September 18 as the day it will unveil its latest brand in the Kenyan market, the realme C15,
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT) in the health security and pandemics track.
realme, the latest entrant into the East African nation has taken the market by storm with the launch of three of its flagship smartphone brands; realme C3, realme C11 and realme 6.
Infinix, a global player in the consumer electronics market has launched its new X1 smart TV.
Kenya music service Mdundo has listed its shares at the Danish Stock Exchange on Nasdaq First North Growth Market.
[Column] Pedro Guerreiro: What East Africa can teach the rest of the continent about economic growth
The 21st century is widely touted as the ‘African Century’, a period promising unprecedented economic and technological growth for the continent. Africa’s future looks bright.
Infinix, a global player in consumer electronics market, has launched the Zero 8 smartphone in the Kenyan market. The Zero 8 is the company’s flagship series for 2020/21.
Safaricom Foundation’s Ndoto Zetu initiative has supported six groups in Kwale and Kilifi with economic empowerment projects worth KES 800,000 impacting close to 4,000 people in the two counties.
Pay Television company StarTimes Kenya has introduced additional consumer products on its integrated e-shopping platform StarTimes GO.
British American Tobacco Kenya (BAT Kenya) appointed Ms. Rita Kavashe, MBS, as the Chair of the Company’s Board, effective 1st September 2020.
Barely a month since smartphone maker realme launched its first flagship model in Kenya, realme C3, the market continues to warm up to the brand
KenGen Board of Directors, exercising its powers given under Article 94 of the Articles of Association of the Company, has renewed the employment contract for the Managing Director & CEO, Mrs. Rebecca Miano for another three years.
[Column] Eric Kimunguyi: Europe proves to us that misdiagnosis is a perilous basis for banning crop protection
There is a device being used rather often lately by our most vocal lobbyists as they chase new regulation or the overturning of old rules: ‘Europe’ has banned it as a reason to reshape our own policies.
Abdul Said Konde is a youth resident in Tudor informal settlement in Mombasa County. Like thousands of other young people across the country, he is not formally employed and the Covid-19 pandemic has made it even harder to access manual jobs.
The International Institute of Tropical Agriculture (IITA) and the Eastern Africa Grain Council (EAGC) have signed an agreement to work together to tackle aflatoxin contamination of grains in the region.
The American Chemistry Council has lobbied the US government during the COVID-19 pandemic to use a US-Kenya trade deal to expand the plastics industry’s footprint across Africa.
A Bill that seeks to bring “through the back door” the previously proposed and rejected merger between troubled Kenya Airways and the Kenya Airports Authority is before Parliament.
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.
Equity Bank Kenya Board has appointed Ambassador Erastus Mwencha, as the Chairman, taking over from Professor Isaac Macharia who was recently appointed Equity Group Holdings Board Chairman.
More than 3,000 smallholder tea farmers from Kericho, Bomet, Nandi and Nakuru counties who had diverted their green leaf supply to competitor factories have returned to KTDA managed tea factories citing better returns and services.
Kenya is the first country globally to be awarded the recommended status of the “Safer Tourism Seal” by Rebuilding Travel.
Huawei Kenya launched their new initiative UniTech Talk a regular lecture series for University lecturers, students and tech enthusiasts to share the latest technologies, industry trends, development policies and insights.
Glovo, the on-demand delivery startup, has reported an increase in deliveries and cashless payments on its platform since the onset of Covid-19 in Kenya.
PesaKit has announced the public launch of its app-based platform for mobile money agents, available on Android.
Global smartphone manufacturer realme has unveiled two models in the Kenya market weeks after it officially launched operations in the country.
realmeC11, one of the flagship products under realme stable, has made a mark for itself in the highly-competitive smartphone segment in Kenya.
Leading pan-African telecoms group Liquid Telecom has announced the deployment of its Azure Stack Hub in Nairobi, Kenya.
Equity has rolled out a universal number for all outbound communication to its customers and other external stakeholders. Moving forward, customers will be contacted by one outgoing number from Equity, 0763 000 000.
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its Engage network.
[Kenya] ZEP-RE urges insurers to rethink price undercutting as industry’s underwriting revenue tumbles
Players in the insurance sector have been urged to rethink their predatory pricing strategies as it is hampering the growth of the insurance sector, according to ZEP-RE Chief Executive Officer Hope Murera.
A Kenyan dancer is using his talent to train children in Kibera, Africa’s largest urban slum, and in the process contribute to reducing crime which is prevalent in the area.
Shanta Gold, East Africa-focused gold producer, has completed the acquisition of 100% shares of Barrick’s subsidiary Acacia Exploration Kenya (AEKL) from three subsidiaries of Barrick Gold.
Equity Group Holdings (EGH) announced its half year results, reflecting a 24% decline in profitability from Kshs.12.0 billion to Kshs.9.1 billion for the corresponding period the previous year.
AdcareIT selects Telco Systems and Clavister for rollout of NFV-based secure SD-WAN services in Kenya
Telco Systems, Clavister and AdcareIT jointly announced they have entered into a multiyear engagement for AdcareIT to deploy managed secure SD-WAN services using an integrated NFV edge solution from Telco Systems and Clavister.
The International Centre of Insect Physiology and Ecology has developed a range of biopesticides, providing farmers in Africa with environmentally safe alternatives for the management of the fall armyworm.
Kaspersky analysis has revealed that phishing attacks are becoming increasingly more targeted. A number of new tricks have also been found - from HR dismissal emails to attacks disguised as delivery notifications.
Some 1.7 million small-scale farmers in Kenya, Nigeria and Pakistan will soon receive personalized agricultural advice through their mobile phones as a means to improve their incomes.
Savanna Circuit is a tech a Kenyan company that manufactures and distributes last mile non-refrigerant solar-powered milk chillers that can be placed on any means of transportation – from motorbikes to trucks.
The National Bank of Kenya (NBK) has posted Kshs.186 million in profit before tax for the first half of the year ending June, representing a 62% increase from a similar period last year.
The Kenya Private Sector Alliance (KEPSA) and the Mastercard Foundation have launched a fund to provide loans to a maximum of 400 MSMEs whose businesses have been affected by the COVID-19 pandemic.
In an effort to accelerate digitization, regional low-cost carrier Jambojet has introduced a Progressive Web App (PWA) that will allow customers book tickets, check in and access their boarding pass on their smartphones.
As Kenya’s smartphone landscape increasingly shifts bringing with it new players with world class experiences, customers continue to reap from this boom as new products including gadgets take the market by storm.
IFC announced a $50 million loan to Diamond Trust Bank Kenya (DTB) to support its borrowers, especially small and medium enterprises (SMEs), who have been affected by the economic challenges of COVID-19.
[Kenya] Equity Group Holdings completes acquisition of majority stake in Banque Commerciale Du Congo
Equity Group Holdings PLC has announced the completion of its acquisition of 66.53 per cent stake in the Banque Commerciale Du Congo (BCDC) at a cost of $95 Million.
Bayer donates Decis ULV insecticide to support Kenya, Uganda fight against desert locust devastation
Farmers in Kenya and Uganda currently fighting a devastating locust invasion and looming food security crisis are receiving a donation of 170,000 liters of Decis ULV insecticide from Bayer.
The Central Bank of Kenya (CBK) announced the acquisition of 90 percent of the shareholding of Jamii Bora Bank (JBB) by Co-operative Bank of Kenya (Co-op Bank) effective August 21, 2020.
The Kenya Bankers Association has partnered with the Financial Sector Deepening Trust (FSD Kenya), non-profit inABLE in a programme to promote access to financial services for Persons With Disabilities
Makini Schools has introduced the Cambridge Curriculum to its current offering. The school will also continue to offer the National curriculum, both the 8-4-4 and the CBC in which it is a Government Control School.
The World Bank approved a $150 million International Development Association credit to improve tenure security and access to basic services for 1.7 million residents living in selected Kenya’s urban informal settlements.
With a loan of $ 18.7 million, Proparco is supporting Kenya Nut Company, a family business that has diversified and has been active for more than 40 years in the nut sector, macadamia and cashew, in Kenya.
Qatar Airways has announced that it will resume services to Jomo Kenyatta International Airport Nairobi, Kenya with 14 weekly flights and to Kigali International Airport Rwanda with three weekly flights.
For many small businesses who are navigating these difficult times, they will testify to the fact they keep being bombarded with the word, ‘Adaptation’.
Over 5,500 frontline healthcare workers in Kenya will continue receiving monthly communication bundles following Safaricom’s move to extend the communication support that was provided for three months from April 2020.
The sugar industry in Kenya has steadily expanded over the years, currently with 15 white sugar mills being opened and several jaggery (healthy sugar alternative) operators in place.
Emerging smartphone brand realme, has launched in Kenya as part of its global growth and expansion strategy.
REDAVIA, a global market leader of cost-effective, reliable, and clean solar power for businesses, has deployed its first solar farm in Kenya for Menengai Farmers Ltd tea farm in Tigoni.
Safaricom board has appointed Michael Joseph as the next Chairman of Safaricom’s Board of Directors following the retirement of current chairman Mr. Nicholas Nganga after serving for 16 years on the Board.
The Board of Directors of the Nairobi Securities Exchange (NSE) appointed Mr. Kiprono Kittony, EBS as the new Chair of the Board.
Safaricom customers can now access a brand new 4G-enabled smartphone by paying as low as Kshs.20 daily for the devices.
The United States Trade Representative and Kenya Cabinet Secretary for Industrialization, Trade, and Enterprise Development formally launched trade agreement negotiations between the United States and the Republic of Kenya.
Kenya’s agriculture sector has grown by 4.8 per cent annually since 2012 with its share of GDP at 33 percent as of 2016.
Researchers from the International Centre of Insect Physiology and Ecology, icipe, have provided evidence on the nutritional superiority of insects oils.
Vital Capital has launched a new collaboration with USAID’s Kenya Investment Mechanism (KIM) to support agribusinesses in Kenya affected by the COVID-19 pandemic.
IFC announced a $50 million loan to Equity Bank Kenya to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients.
Nigeria’s Access Bank successfully completed the acquisition of Transnational Bank of Kenya with 99.98% shareholding, following regulatory approval granted by the Central Bank of Kenya.
Loan financing stemming from the EEP Africa Catalyst window will accelerate REDAVIA’s C&I Solar Leasing Model with SMEs in Ghana and Kenya.
Engineer Elizabeth Rogo, the Founder & CEO of TSAVO Oilfield Services and President for East Africa at the African Energy Chamber has been appointed Non-Executive Director on the Board of Kenya Power.
The Kenya Association of Manufacturers (KAM) has appointed Mucai Kunyiha as the new National Chairman to lead the organization for a two-year term.
[Kenya] Mastercard partners with mobile platforms to offer exclusive discounts to consumers shopping from home
Mastercard is partnering with key entertainment, shopping and delivery platforms to provide cardholders with exclusive offers when shopping from home, including free deliveries.
Komaza raises $28 million Series B to capture Africa’s $30 billion wood deficit and restore degraded lands
Komaza, a company that is revolutionizing the wood industry in Africa through its innovative smallholder platform, has secured a first close of $28m of the company’s planned $33m Series B equity financing.
USIU-Africa and the Mastercard Foundation have partnered to enable 1,000 high-performing students receive quality education and leadership development over the next 10 years.
Given the current global Covid-19 storm sweeping the world, Kenyan consumer confidence for quarter 2, 2020, was unsurprisingly down 11 points to 88 - a significant drop from what we have seen in the past for Kenya.
Paxful, a leading peer-to-peer bitcoin (BTC) marketplace that aims to provide financial inclusion around the globe, announced that the platform has hit $4.6 billion in trade volume and reached 4.5 million wallet registrations.
Safaricom has extended free access to digital education content for primary and secondary school students to 8th September 2020 following the extended closure of learning institutions.
The European Investment Bank (EIB) approved € 16.6 billion of new financing for projects across Europe and around the world, including more than € 10 billion of COVID-19-related investment to improve public health.
Without a doubt, Africa is one of the world’s fastest-growing economic hubs. Crucial to this rate of development is the ability to meet the demand for key infrastructure.
Illicit trade has a detrimental impact on the substantial growth of legitimate business in the country.
Cold Solutions, a temperature-controlled warehouse and logistics service provider, has announced that it will invest $70 million to construct state-of-the-art, temperature-controlled cold storage warehouses in Kenya.
By cutting the crossing time to a maximum of half an hour, the One-Stop Border Post project has boosted trade and tourism between Kenya and Tanzania.
Twenty thousand farmers, youth and agriculture communities in Kenya stand to benefit from training programmes on sustainable agriculture practices to be launched by Corteva Agriscience.
The Finnish Ministry for Foreign Affairs has granted €11.2 million to 4-year higher education partnerships to develop the capacity of distance learning at higher education institutions.
As part of its focus in bringing people together and building communities, Facebook announced 12 African community leaders who have been selected to join Facebook's Community Accelerator programme.
Food and beverage processing company Del Monte Kenya Limited has targeted 600 families in Murang’a County with food stuff and masks through Senator Hon. Irungu Kangáta.
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.
Toyota Kenya truck and buses division has gifted Kisumu County Economic Forum a Hino 500 GT truck to boost the County Government’s food distribution drive.
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.