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Safaricom and Mastercard partner to expand payment acceptance to over 636,000 merchants in Kenya
Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 and 2024.
[Column] Tobias Alando: Why price controls are detrimental to economic growth
There is a renewed interest in the country in an idea that many economists and investors thought Kenya had left behind a long time ago: price controls.
[Kenya] Kim-Fay partners with Norfund and I&M Bank on construction of new facility at Tatu City
The Norfund and I&M Bank financing will support Kim-Fay's business expansion, focusing on providing affordable tissue paper to lower-income market segments.
ShafDB signs MOU with CPF Group to scale up development of affordable housing in Kenya
The agreement seeks to provide a platform for intervention across the affordable housing value chain by creating a partnership in affordable housing delivery through co-financing.
The Kenya Association of Manufacturers appoints Jane Karuku as Chairperson
Ms. Karuku, who has served as Vice Chairperson since July 2022, will lead the Association’s Board of Directors for a two-year term, succeeding Mr. Rajan Shah, whose term has come to an end.
Kenya Airways announces network adjustments for the peak season
Kenya Airways, has announced network adjustments for the peak season in response to market demand.
USAID and KEPSA announce partnership to boost Kenyan SMEs competitiveness within the AfCFTA
This collaboration will facilitate 160 Kenyan Small and Medium-sized Enterprises (SMEs), particularly those owned by women and youth, to leverage opportunities in the African Continental Free Trade Area (AfCFTA) by linking buyers and sellers across the continent.
Kenya Airways relaunches platform offering personalized hotel, tour booking services
The relaunch is encapsulated in the campaign slogan, "My Kind of Holiday - A Click Away." This theme underscores the platform’s commitment to delivering personalized and easy-to-use travel planning services.
NETA Auto launches first African flagship showroom in Kenya
NETA Auto, a Chinese electric car brand of Hozon Auto, has opened its first African flagship store in Kenya.
[Kenya] CMA approves registration of Arvocap Asset Managers Unit Trust Scheme
The collective investment scheme comprises 10 sub-funds.
Kenya breaks ground for world’s first green garment factory made from upcycled containers
With its innovative construction, and use of solar energy and rainwater harvesting, the new garment and textile center is expected to save an estimated 18 tons of CO2 annually.
Coca-Cola system announces plans to grow its investment in Kenya to $175 million over the next five years
The Coca-Cola system has a rich legacy of refreshing Africa and making a difference in the East Africa region, where it is a major employer, directly employing 10,000 people.
Kenya’s Vivo Fashion Group launches its first American-based store in Atlanta
Vivo’s goal is to support, inspire and drive positive change within the African fashion ecosystem, and to share African talent, creativity, and products across the continent, as well with the rest of the world.
Kenya to host flower buyers from 75 countries for the 11th edition of International Flower Trade Exhibition
Nairobi is set to host the global flower trade fraternity for the 11th edition of the International Flower Trade Exhibition (IFTEX) from June 4-6 2024, as Kenya stamps its growing dominance in the sector.
The Kenya Revenue Authority and the UK partner to streamline customs valuation process
The Kenya Revenue Authority and the United Kingdom (UK) have partnered to streamline the Customs valuation process to make it more efficient, transparent, consistent, and predictable.
Nexgen Packaging opens African headquarters in Nairobi, Kenya
Nexgen Packaging, a global provider of apparel brand identification and packaging products, has announced the grand opening of its African headquarters in Nairobi, Kenya.
Kenya Airways launches direct flights to Maputo, Mozambique
The expansion takes flight from 14th June 2024, further solidifying KQ's commitment to strengthening its network and offering seamless travel experiences across the continent.
[Kenya] Mombasa green entrepreneurs launch Zero Waste Festival
Zero Waste Fest culminated a week-long digital campaign dubbed #BeatPlasticPollution aimed at addressing the plastic pollution menace in Mombasa.
JW Marriott unveils second property in Kenya
Standing as the tallest hotel in the country with 35 stories in the Westlands commercial district, JW Marriott Hotel Nairobi captures the essence of Kenya’s natural beauty and heritage.
German manufacturer Karcher invests €3 million in the Kenyan market
This investment was made to operationalize the business into a full subsidiary, which includes a regional distribution center at the Freight Forwarders Solutions warehouse, Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.
Kenya Airways and Virgin Atlantic announce new codeshare agreement
The first phase of the agreement will allow customers booking through Virgin Atlantic to directly purchase flights on Kenya Airways’ Heathrow to Nairobi service.
[Column] Anthony Mwangi: Road towards gainful employment in Kenya: The Dual TVET approach
The evolving employment landscape demands a fresh perspective, one that champions the pragmatic alternative of Technical and Vocational Education and Training (TVET).
Kenya Airways Cargo launches direct flights from Sharjah to Nairobi
To commemorate Kenya Airways Cargo's (KQ Cargo) recent route expansion to include direct cargo flights from Sharjah in the UAE.
Nile river communities preserve cultural heritage along its banks
For millennia, the Nile has been celebrated in the myths and rituals of diverse cultures.
Kenya Airways boosts its network with increased frequencies and additional destinations
Kenya Airways (KQ) has announced plans to boost its growing network with increased frequencies to five destinations and the addition of Eldoret and Maputo to its network.
GA Telesis delivers two Boeing 737-800SF freighters to Kenya Airways
The aircraft is part of the GA Telesis owned fleet and was delivered to Kenya Airways as part of a two aircraft transaction.
2024 Dubai WoodShow to feature seven country pavilions
Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), is poised for its landmark 20th edition, scheduled from March 5 to 7, 2024, at the Dubai World Trade Centre.
Kenya Airways and Vietnam Airlines renew codeshare agreement
The codeshare partnership will allow customers to enjoy flexibility and choice with smooth connections via Bangkok and Nairobi to points such as Johannesburg, Cape Town, Dar es Salaam, Kisumu, Entebbe, Kigali, and Mombasa, among others.
Canon and MindMe International partner to empower Kenyan youth through creative storytelling
This collaboration aims to empower marginalized communities through sustainable development, with a focus on fostering positive change in young individuals' lives.
How hydropower projects are affecting the Nile River and downstream countries
One such project that epitomizes these complexities is the Grand Ethiopian Renaissance Dam (GERD) on the Nile River, which has sparked significant controversy and raised concerns among downstream nations.
[Nigeria Business Week] Andrea Ayemoba: Investments take priority over all
With global inflation spiraling out of control, every country is working harder than ever to welcome new enterprise and business. Nigeria made great progress in this in recent months.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
Nigeria’s inflation as of the month of May stood at 17.71%, but economists are now predicting just a month later a new figure we can expect at the end of this year.
[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency
The infrastructure of Nigeria is such that for meaningful progress to be made, there must be give-and-take on the parts of the government and the people.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
[Nigeria Business Week] Andrea Ayemoba: State to digitize tourism, FG takes on efficient mobility
Banking is one of the most thriving sectors in Nigeria. The reason for this success has been attributed to the efficiency with which this industry has leveraged technology to modernize its operations.
[Nigeria Business Week] Andrea Ayemoba: 5G becomes national security policy, industries seek sustainability in technology
The one thing the current global pandemic has unilaterally effected in all nations is a rearrangement of priorities, both for people and for governments. Survival elements – food and healthcare – have taken lead position.
[Nigeria Business Week] Andrea Ayemoba: A 5G promise looms, global trade predictions show winning numbers
Nigeria’s tactic is one of sharpening the sectors that have shown promise (such as technology, agriculture and banking) while throwing resources at those that have been in a work-in-progress mode for years.
[Nigeria Business Week] Andrea Ayemoba: National GDP for Q3 sees increase, amid growing economic concerns
The Nigerian Minister for labour recently has affirmed that more needed to be done in order for the employment crisis to be mitigated. He did allow that much has been done, but a lot of action still was required if the problem was to be tackled from the roots.
[Nigeria Business Week] Andrea Ayemoba: Q3 stats show industries thriving, strong investor confidence
Nigeria earns every week its place as Africa’s largest economy. While subject to the typical ups and downs any market is expected to have, its mere size guarantees a general continuity of business operations even in the face of a spiraling inflation trend.
African Business Roundtable, Nigeria organisent un forum qui permet de récolter plus de $2 milliards d'investissements au Nigeria.
L'African Business Roundtable, en partenariat avec le gouvernement fédéral du Nigeria, a accueilli le Nigeria International Partnership Forum à New York, en marge de l'Assemblée générale des Nations unies.
African Business Roundtable, Nigerian Government host forum that rakes in over $2b investments into Nigeria
The African Business Roundtable in partnership with the Federal Government of Nigeria hosted the Nigeria International Partnership Forum in New York, in the sidelines of the United Nations General Assembly.
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COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
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[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here