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30-10-2014 22:52:00 | by: Administrator | hits: 15330490 | Tags:

Kenya launches green bonds market in product diversification plan
20-02-2019 | 09:00:00
As part of the strategy of diversifying products in the Kenyan capital markets, the frameworks to issue listed and unlisted green bonds have launched.
[Column] Samuel Kariuki: East African real estate investors discover the working class
20-02-2019 | 04:48:49
The last 20 years of real estate boom in East Africa has changed our building landscape and inventory, as it quite rightly should have done.
[Kenya] BRCK acquires Surf to become one of the largest public WiFi networks in Sub-Saharan Africa
20-02-2019 | 04:19:00
Kenyan hardware and connectivity startup BRCK has announced that it has acquired local public WiFi provider Surf and parent company EveryLayer.
Sanofi VivaTech challenge applications extended to February 22nd
20-02-2019 | 04:12:14
Sanofi has announced the extension of the registration period for the call for proposals for this year’s VivaTech, an annual technology conference, dedicated to innovation and startups to February 22nd 2019.
[Kenya] Safaricom launches ‘Shukrani KochoKocho’ campaign to reward its customers
20-02-2019 | 04:04:19
Safaricom has unveiled a new promotion dubbed “ Shukrani Kocho Kocho Kenya Nzima”, to reward more than 5 million Safaricom customers across the country with more than KES 250 million in prizes.
Innova to open $40 million plant in Kenya to build green affordable homes
19-02-2019 | 07:24:00
Innova Eco Building System has entered into a joint venture agreement to build a $40 million manufacturing plant bringing its green building technology to Mwale Medical and Technology City.
Telkom Kenya revises data packages targeting millenials
18-02-2019 | 13:08:00
Kenya’s telecommunication company Telkom has reviewed its flagship Combo bundle dubbed “Mzito” giving subscribers data, minutes and free night data.
[Kenya] Rose Ogega joins Safaricom Board
15-02-2019 | 13:05:00
The board of telecommunication company Safaricom has announced the appointment of Ms. Rose Ogega to its Board as an independent non-executive director.
Western Union introduces new payment option for Amazon.com shoppers in Kenya
15-02-2019 | 09:12:49
The Western Union Company has unveiled a new payment option that allows Amazon.com customers in Kenya to pay in local currency for their Amazon.com purchases.
[Kenya] NSE admits first hostee onto the Ibuka Programe
14-02-2019 | 08:22:11
The Nairobi Securities Exchange (NSE) has admitted APT Commodities Limited as the first company to join the Ibuka Program; NSE’s incubation and acceleration program.
goFLUENT and LRMG partner to accelerate business language skills in Africa
14-02-2019 | 08:20:00
goFLUENT and LRMG have signed a partnership to accelerate the language skills of professionals who are non-native speakers of English, Chinese, French, and other key business languages.
Kenya to establish the science and innovation centered university at Konza Technopolis
14-02-2019 | 06:34:19
The Government of Kenya, through the Ministry of Education is in partnership with the Republic of South Korea have announced plans to establish a graduate only university at Konza Technopolis.
Panalpina flies record 1.6 million roses from Kenya to Sydney in ‘love plane’
14-02-2019 | 05:56:45
International freight forwarding and logistics company Panalpina has flown an entire Boeing 777 cargo aircraft packed full of freshly cut roses from Nairobi to Sydney, right in time for the romantic holiday.
Loon sets up new Ground Stations in Nyeri, marking continued progress towards connectivity in Kenya
14-02-2019 | 05:39:23
Loon has announced the installation of a new set of ground stations in Kenya. The installation of ground stations is a key milestone that paves the way for testing with Loon’s stratospheric balloons
[Kenya] Online sentimental spending grows 47 per cent in three years, Mastercard Love Index
14-02-2019 | 05:34:00
The annual Mastercard Love Index indicates that Kenyans are willing to dig deeper into their pockets to make their partners happy and that they are going online to do it.
[Kenya] Safaricom Foundation to invest Sh.130M in support of vocational training
13-02-2019 | 07:42:00
At least 3,000 youth in Kenya are set to benefit from a Technical Vocational Education and Training (TVET) programme over the next two years funded by Safaricom Foundation
Lava International enters the Kenyan phone market
13-02-2019 | 05:38:00
Indian phone maker Lava international has launched in Kenya. The company unveiled its low-cost feature phones and smartphones at an event held at the Intercontinental Hotel, in Nairobi.
[Kenya] CMA publishes first State of Corporate Governance Report
12-02-2019 | 06:55:17
The Capital Markets Authority (CMA) has published the first State of Corporate Governance Report based on an assessment of 56 issuers of securities to the public in 2017/18.
[Kenya] Safaricom announces new bundles that offer both calls and data
09-02-2019 | 05:26:00
Safaricom has announced new “All in One Monthly Bundles” that will see customers enjoy discounted data and calling rates in one package.
Telkom Kenya and Airtel announce merger plans
08-02-2019 | 13:31:46
Telkom Kenya and Airtel Kenya have announced the signing of a binding agreement that will see the shareholders of the two companies enter into an agreement to merge their respective operations.
[Kenya] Safaricom partners with KAPS to enable M-PESA parking payment
07-02-2019 | 10:32:00
Safaricom has partnered with KAPS to enable motorists across the country pay for their parking by M-PESA at more than 50 locations including malls and hospitals.
Kenya to host Facebook’s first Sub-Saharan Africa content review center
07-02-2019 | 08:16:00
Facebook has announced that it is opening up a content review centre in Nairobi Kenya as part of its continued investment across Sub-Saharan Africa and commitment to safety and security on its platform.
[Kenya] icolo.io starts construction of its Nairobi Data Center
07-02-2019 | 07:01:26
icolo.io, a leading provider of carrier-neutral colocation services in Africa has commenced the construction of its new data centre in Kenya.
[Kenya] Recruitment startup Shortlist raises $2m series A to help firms identify hidden talent
07-02-2019 | 06:39:20
Shortlist has raised $2 million series A led by Blue Haven Initiative, with participation from Compass Venture Capital, existing investor Zephyr Acorn, and several others.
Kenya manufacturers identify priority actions to realize Big 4 Agenda
06-02-2019 | 13:01:38
Kenya Association of Manufacturers (KAM) has launched the Manufacturing Priority Agenda (MPA) 2019 under the theme, Closing the manufacturing gap through the Big 4 Agenda for shared prosperity.
Wanjiku Mugane appointed senior advisor for African Infrastructure Investment Managers in Kenya
06-02-2019 | 10:43:55
African Infrastructure Investment Managers (AIIM) has announced the appointment of Wanjiku Mugane as a Senior Advisor in Kenya.
[Kenya] Oserian targets top students with scholarships, job opportunities
06-02-2019 | 08:15:00
One of Kenya’s largest flower growers and exporters, Oserian Development Company has announced a series of scholarships for best students in the schools it manages.
[Kenya] Nairobi Garage opens third business hub
06-02-2019 | 06:34:31
Nairobi Garage has launched new premises in Nairobi Karen, now offering three state-of-the-art hubs creating an interlinking coworking network spanning the whole of Nairobi.
Google and Kenya Scouts Association launch 2019 edition of Web Rangers programme
06-02-2019 | 06:16:05
The Kenya Scouts Association, with the support of Google yesterday launched the 2019 edition of Web Rangers, a youth programme for online safety at an event to mark Safer Internet Day.
[Kenya] Safaricom hosts 2019 Safer Internet Day
06-02-2019 | 06:08:57
Safaricom yesterday hosted the annual Safer Internet Day to advocate for the responsible use of the internet at an event held at the Michael Joseph Centre, Safaricom House.
[Interview] Seth Mundhe, Founder, Ejenzi Africa, Kenya
05-02-2019 | 10:04:00
After years of experience working in the construction industry, Seth Mundhe identified a need in the market and set up an online marketplace to satisfy it.
Liquid Telecom Kenya’s network delivers telemedicine to Dadaab refugee camp
05-02-2019 | 08:30:45
Liquid Telecom Kenya, part of the pan-African telecoms group Liquid Telecom, has connected Gertrude’s Children’s Hospital in Nairobi to Dadaab refugee complex.
[Column] Phyllis Wakiaga: Kenya’s tax policies must be built to nurture and expand businesses
05-02-2019 | 08:03:40
Taxation is a key element in cost of doing business and hence should be designed to optimize growth of industry and increase overall competitiveness.
[Kenya] CMA joins Global Financial Innovation Network
05-02-2019 | 05:38:30
In its quest to support the transformation of the capital markets in Kenya through nurturing innovation, the Capital Markets Authority (CMA) has joined the Global Financial Innovation Network (GFIN).
East African Community lauded for boosting regional economies
04-02-2019 | 07:04:00
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
[Kenya] Panasonic and World Vision launch off grid solutions project in Narok County
01-02-2019 | 13:08:32
World Vision and Panasonic Corporation have launched an Off-grid Solutions Project in Narok County, Kenya.
[Kenya] NIC, Commercial Bank of Africa finalize merger plan
01-02-2019 | 10:21:48
NIC Group PLC and Commercial Bank of Africa Limited, CBA board directors have agreed to the merger of NIC and CBA.
[Column] Sachen Gudka: What Kenya needs to kick-start her economy
31-01-2019 | 09:36:47
In 1965, a tiny country in Asia was expelled by its ‘Mother Country’. At its point of departure from the Federation of Malaysia, Singapore, a 580-square Kilometer Island, had no natural resources.
[Kenya] M-KOPA named among top 100 global green companies by the Cleantech Group
31-01-2019 | 08:13:59
The 2019 Global Cleantech 100 recognized M-KOPA for pioneering and building one of the world’s most advanced pay-as-you-go platforms – unlocking solar, information, technology and finance to upgrade millions of lives across Africa.
Standard Chartered launches second wave of digital-only retail banks across Uganda, Tanzania, Ghana and Kenya
31-01-2019 | 06:28:10
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
[Kenya] Adspace Africa, Eskimi DSP partner to integrate outdoor and online media buying
31-01-2019 | 03:28:54
Adspace Africa in partnership with Eskimi DSP have shortened the gap between outdoor buying and online advertising by allowing you to advertise offline and online at the same time.
[Kenya] Safaricom partners with Nema to drive wetlands conservation agenda
30-01-2019 | 12:04:02
Telecommunication company Safaricom has partnered with the National Environment Management Authority and other stakeholders to raise awareness on the urgent need to conserve Kenya’s wetlands.
[Kenya] CBA projects economic growth amid fiscal imbalances
30-01-2019 | 10:37:04
Commercial Bank of Africa (CBA) held its fourth Economic Forum to discuss how to achieve growth amid fiscal imbalances brought about by the country’s debt course.
Tanzania, South Africa and Kenya benefit most from investments in local seed business activities, Index shows
30-01-2019 | 09:00:29
Global seed companies are adapting their products to combat the impact of climate change and address nutrition needs.
[Kenya] Taxify rolls out vehicle financing for drivers
30-01-2019 | 06:30:00
Ride-hailing firm Taxify, in partnership with Stanbic Bank and Renault Kenya has announced a vehicle financing dealership for Taxify drivers in Kenya.
[Kenya] YSK launches 2nd edition of The National Science and Technology Exhibition
30-01-2019 | 05:56:00
YSK has partnered with the Ministry of Education, the Embassy of Ireland and BLAZE by Safaricom to launch the 2nd edition of the National Science and Technology competition for secondary school students.
[Kenya] Cytonn Real Estate launches $25 million development in Karen
29-01-2019 | 12:44:27
Cytonn Real Estate , the development affiliate of Cytonn Investments, has launched a Ksh 2.5 billion, approximately $25 million, development in Karen.
Trade misinvoicing undermines the impact of international trade in developing nations, GFI report
29-01-2019 | 10:05:00
A new analysis by Global Financial Integrity (GFI) indicate that Illicit Financial Flows (IFFs) due to trade misinvoicing, is a significant and persistent drag on 148 developing countries’ economies.
[Kenya] Monetary Policy Committee retains Central Bank Rate at 9%, survey
29-01-2019 | 08:18:00
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 9.00 percent during its January 28, 2019 meeting.
[Kenya] GreenTec invests into SuperFluid Labs
29-01-2019 | 07:38:00
GreenTec has announced its investment into SuperFluid Labs, a SAAS provider of data analytics and artificial intelligence solutions.
[Kenya] World Bank Group unveils creditworthiness Academy for counties
29-01-2019 | 06:16:00
The World Bank Group, in collaboration with the Commission for Revenue Allocation has launched County Creditworthiness Academy.
[Kenya Business Week] No to robots in banks
25-01-2019 | 11:38:02
Even as Kenya continues to record impressive penetration of technology, a section of citizens still prefer the brick and mortar services and are still apprehensive about embracing new innovations among them machine intelligence.
[Kenya] Safaricom’s M-PESA Global nominated for Global Mobile Awards 2019
25-01-2019 | 08:04:02
Safaricom’s M-PESA Global has been shortlisted for the Global Mobile Awards 2019. The service which was launched in November last year has been nominated under the Best Mobile Innovation for Commerce.
Creditinfo combats synthetic identity fraud for Kenyan mobile lending market
25-01-2019 | 04:51:26
Creditinfo has launched a new Integrated anti-fraud solution to combat identity fraud for the Kenyan mobile lending market.
[Kenya] Sanofi sets three challenges for African startups to innovate health
25-01-2019 | 04:03:00
Sanofi, and a major player in innovation in Africa, has launching three challenges for African startups to find innovative solutions to improve access to healthcare and transform the health ecosystem throughout the continent.
UNOPS, Kenyan government partner to deliver 100,000 green homes nationwide
24-01-2019 | 07:17:22
UNOPS has signed an agreement with Kenya government to deliver 100,000 affordable, sustainable homes nationwide.
[Kenya] Andela Secures $100M Series D to build distributed engineering teams and power the future of work
23-01-2019 | 12:28:00
Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding.
Pesapal onboards Airline payments for low cost carriers in Kenya
23-01-2019 | 08:24:47
Jetways Airlines, Silverstone Air and Skyward Express will from now on use Pesapal’s integrated payment system to process Mpesa, Visa, mVisa, MasterCard and American Express payments on their respective websites
Global Credit Ratings clarifies its not exiting Kenya
22-01-2019 | 10:32:00
South Africa's Global Credit Ratings (GCR) has clarified that it is still operating in Kenya and is not contemplating a withdrawal.
NIC Bank partners with WorldRemit for digital money transfers to Kenya
22-01-2019 | 09:39:36
Digital money transfer service WorldRemit has joined forces with NIC Bank for digital money transfers to Kenya.
[Kenya] Customers not ready for robotic agents but value mobile banking, survey
22-01-2019 | 06:15:00
Bank customers in Kenya have not yet warmed up to the idea of robots and artificial intelligence and would rather have humans handle their customer service needs.
[Kenya] Safaricom introduces IT security solutions for enterprise customers
21-01-2019 | 09:58:00
Safaricom enterprise customers can now access a wide range of security solutions to protect their information technology (I.T) systems.
[Kenya] Victoria Commercial Bank targets tech savvy corporate clients with new solution
21-01-2019 | 09:41:00
Victoria Commercial Bank (VCB), Kenya has gone live with an Appzillon-based omni-channel corporate banking solution to cater to the ever dynamic needs of their tech savvy corporate clients.
[Kenya Business Week] Competition, customer service drive expansion binge
18-01-2019 | 08:33:03
As customers demand top notch services grows and competition reach fever pitch, companies are investing millions to improve infrastructure and service quality.
Telco Systems upgrades KENET’s Carrier Ethernet Network in Kenya
17-01-2019 | 10:17:16
Telco Systems has announced that it has completed an upgrade of the carrier Ethernet network of Kenya Education Network (KENET), the National Research and Education Network (NREN) of Kenya, from 10GE to 100GE.
[Kenya] KRA set to raise revenue through a three-year blue print
17-01-2019 | 10:02:00
The Kenya Revenue Authority (KRA) is set to raise revenue to GDP ratio from current 18.3 per cent in 2017/18 to 19.2 per cent in 2020/21.
[Kenya] Visa launches ‘’She’s Next, Empowered by Visa’’ initiative to support female Entrepreneurs
17-01-2019 | 09:23:00
Visa has announced that it is launching a global initiative – She’s Next, Empowered by Visa – to encourage women small business owners as they build, sustain and advance their businesses.
[Kenya] Telkom to invest $10 million in expanding network coverage and capacity
17-01-2019 | 08:59:31
Kenya’s telecommunication company Telkom will dedicate KSh. 1 billion, $10 million, into the expansion and optimisation of its 4G and 3G network.
[Kenya] African tech startups to pitch at the Airbus BizLab open day
17-01-2019 | 04:22:46
African tech startups have invited to present their ideas to experts, investors and the media at the Airbus BizLab #Africa4Future open day to be held in Nairobi.
African Infrastructure Investment Managers acquires stake in BBOXX as it expands to off-grid solar market
16-01-2019 | 11:42:00
African Infrastructure Investment Managers has acquired through its African Infrastructure Investment Fund 3 a minority stake in BBOXX’s operations in East Africa.
[Kenya] Lendable closes second round of asset-backed pass-through notes with institutional investors to expand access to credit across sub-Saharan Africa
16-01-2019 | 05:39:00
Lendable, Inc. has announced the closing of an innovative secured dual tranche 36-month note program, called Multi-Originator Segregated Portfolio 2, or “MOP2”.
[Kenya] Mobile lender, Branch, raises Ksh 500M for local expansion
16-01-2019 | 05:17:37
Digital lender Branch International has today announced its largest commercial paper issuance to date, raising Ksh500 million, following a Ksh350 million issuance in 2018 and a Ksh200 million issuance in 2017.
[Kenya] Uber launches UberASSIST targeting disabled and elderly customers
14-01-2019 | 09:00:00
Taxi hailing company Uber has launched UberASSIST in Nairobi.
[Kenya] Government urges local assemblers to produce affordable vehicles for Kenyans
11-01-2019 | 11:33:00
President Uhuru Kenyatta has urged local motor vehicle assemblers to innovate ways of producing quality vehicles that are affordable for Kenyans.
[Kenya Business Week] US key investment target in Africa
10-01-2019 | 13:10:52
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
December survey completes strong year of growth for Kenya, Stanbic Bank report
10-01-2019 | 09:22:00
Kenyan private sector businesses enjoyed a solid improvement in operating conditions during the month of December, 2018.
[Kenya] JKUAT and Zalego Institute partner to nurture tech innovations from secondary schools
10-01-2019 | 08:24:49
More than 70 Kenyan secondary school students have concluded a six-week ICT youth innovation training programme at the Jomo Kenyatta University of Science and Technology (JKUAT).
Catalyst Principal Partners acquires mattress manufacturers in Uganda, Malawi and Kenya
10-01-2019 | 07:09:00
Catalyst Principal Partners, a Nairobi-based private equity firm has acquired three top tier mattress manufacturers in Uganda, Malawi and Kenya.
[Kenya] Safaricom rolls out M-Pesa overdraft facility for its customers
10-01-2019 | 05:03:44
Safaricom has now made it possible for M-Pesa users to send money or pay for goods and services even when they have insufficient funds in their accounts.
[Kenya] Safaricom opens applications for its 2019 technology internship program
09-01-2019 | 12:39:00
The Safaricom Technology Academy is a 3-month internship program that is targeted to ongoing Kenyan Degree Students.
Safaricom launches Ndoto Zetu initiative to support communities across Kenya
09-01-2019 | 09:05:28
Safaricom has launched Ndoto Zetu, an initiative that aims at positively transforming lives of communities across Kenya.
[Kenya] Police officers to undergo compulsory ICT training
09-01-2019 | 05:29:00
The Kenyan government wants all police officers to undergo a compulsory six-month training on Information and Communication Technology (ICT).
[Kenya] Villgro Kenya invests $80,000 in Maisha Meds and Turaco to advance primary care
09-01-2019 | 05:08:00
Villgro Kenya has invested $80,000 each in Maisha Meds and Turaco, two companies working to improve health access for low-income Kenyans.
Malawi among top 10 African exporters of apparel to the United States, Report
08-01-2019 | 13:11:00
Malawi has been named a distant 10th of the top 15 African Exporters of Apparel to the United States under the African Growth & Opportunity Act (AGOA) Trade preference programme.
[Kenya] Real estate performance dips on low property demand, growing supply, Cytonn report
08-01-2019 | 09:37:00
The real estate sector in 2018, recorded continued investment across all themes driven by the political stability following the conclusion of the electioneering period.
[Kenya] Alten picks Voltalia to construct 40MW solar plant in Uasin Gishu County
07-01-2019 | 11:16:36
ALTEN Energías Renovables has confirmed its choice of the French company Voltalia to carry out EPC and O&M service on its new PV solar power plant in Kenya.
US announces new Africa policy, names Kenya key investment target
07-01-2019 | 11:12:00
The United States has outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
[Kenya] Alten picks Voltalia to construct 40MW solar plant in Uashin Gishu County
07-01-2019 | 11:03:49
ALTEN Energías Renovables has confirmed its choice of the French company Voltalia to carry out EPC and O&M service on its new PV solar power plant in Kenya.
[Kenya] UN Habitat, Vihiga County partner to support skills development for women and youth
07-01-2019 | 07:12:03
UN-Habitat and the County Government of Vihiga in Kenya have signed a Memorandum of Understanding to support capacity and skills development for women and youth.
[Kenya] CMA warns against Kenicoin initial coin offering and trading
03-01-2019 | 10:24:00
In a bid to protect investors, Capital Markets Authority (CMA) has cautioned the public against participating in any initial coin offering or trading in any coin exchange offered by Wiseman Talent Ventures.
[Kenya] GE Renewable Energy, GE EFS partner to provide technology for the Kipeto wind project
03-01-2019 | 07:22:38
GE Renewable Energy and GE Energy Financial Services, GE EFS, have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa.
Telkom Kenya introduces Free Zones for its pre-paid voice customers
03-01-2019 | 07:04:34
Kenya's third largest mobile operator Telkom has launched Free Zones for its pre-paid voice customers. The Telkom Free zones according to the operator are part of its commitment to offer more value and benefit to its customers.
Communications Authority of Kenya warns of Emotet malware targeting network systems
03-01-2019 | 06:45:52
The Communications Authority of Kenya (CA), has warned of a new malware known as ‘Emotet’ targeting network systems in the country.
Kenya’s taxi-hailing firm Little to roll out minibus services in Nairobi
02-01-2019 | 13:06:48
Kenyan-owned taxi-hailing app Little has announced plans to roll out minibus services in Nairobi in the new year.
[Column] Sachen Gudka: Tracking Kenya Big Four Agenda’s performance
02-01-2019 | 06:10:00
By deliberately centering Manufacturing in the Big 4 Agenda, Kenya made an expedient decision to steer itself back on the fast track towards realizing Vision 2030.
[Kenya] M-KOPA raises new funding from Japan’s Sumitomo Corporation
02-01-2019 | 05:06:10
Pay-as-you-go solar and finance company M-KOPA has raised funding from Japanese multinational, Sumitomo Corporation to empower homes and small businesses.
[Kenya] StarTimes launches ‘’Startup ON’’ video streaming service
27-12-2018 | 16:38:45
Known as StarTimes ON, the online video streaming service will be dedicated to providing ultimate entertainment and enriched experience enabling subscribers to access the pay television company channels on the go.
[Kenya] Dimension Data Solutions to launch its digital business solutions in 2019
27-12-2018 | 16:25:00
Dimension Data East Africa, trading as Dimension Data Solutions Limited has announced plans to launch its digital business solutions in East Africa in 2019.
Liquid Telecom partners with Code for Africa to map air pollution in Kenya
24-12-2018 | 06:09:36
Liquid Telecom Kenya has partnered with Africa’s largest non-profit civic technology network Code for Africa (CfA) to install air quality sensors at 3,000 sites across Kenya.
[Column] Phyllis Wakiaga: How the EAC bloc can leverage its market
21-12-2018 | 13:04:00
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.