Delta Air Lines has entered into a codeshare partnership with Kenya Airways on flights to and from Kenya Airways’ hub at Nairobi’s Jomo Kenyatta International Airport.
Kenyan based delivery platform Sendy has reduced prices of pickup, van and truck deliveries by up to 33%. According to the company, the price cut is aimed at bringing more small and medium businesses to do deliveries through the Sendy platform.
Mobile phones have become pivotal platforms for digital and financial inclusion, in particular for millions of people in underserved communities, complementing efforts of governments and private sector partners.
Digital money transfer service WorldRemit has signed a new partnership with Safaricom to enable instant cross-border money transfer to M-PESA accounts in Kenya.
Submissions for the 2018 Meet The Farmers Conference Innov8Agric Challenge are now open.
The announcement of the new power tariffs by Energy Regulatory Commission (ERC) has indicated an unexpected increase in energy costs for all in the country.
Microsoft’s latest mobile offering, Kaizala Pro, a mobile app that improves the way businesses communicate and collaborate, has been launched in Kenya.
Kenya is losing at least Sh120 billion in revenue to unregistered agro-chemicals dealers and counterfeit pesticides, according to Agrochemicals Association of Kenya (AAK) chairperson Patrick Amayunzu.
ImpalaPay Kenya and PesaChoice of Rwanda have successfully concluded pilot test of cross-border mobile money transfer on the stellar blockchain.
NIC Bank has entered into an asset financing deal with Simba Corporation Ltd targeting individuals, SMEs and large commercial Businesses.
The 895-km highway corridor linking Kenya and Ethiopia has not only eased cross-border traffic between the two countries, but is a major push for economic integration within Africa.
Kenyan government has announced plans to establish 50 special zones, technically known as feedlots, for production of livestock for the export market.
When Peter Ouko was sentenced to death for murder 20 years ago, he was sent to Kenya’s Kamiti maximum security prison, notorious for being one of the worst jails in the world.
Kenya is eyeing top positions in ICT organizations in the continental and at the global level. In Africa, Kenya is seeking the Secretary General’s seat of the African Telecommunications Union, the continental ICT body.
Dame Daphne is celebrated world over for her pivotal role in creating the most successful rescue and rehabilitation programme in the world through her trailblazing work with orphaned elephants in Kenya.
Airtel Kenya has reduced its on-net and off-net calls charges by 50 percent as it seeks to sign up up more subscribers.
With competition across public and private sector now being driven by innovation, Kenyan institutions have invested heavily in modernizing operations and selling the convenience message to customers.
Bolloré Logistics Kenya has signed a contract to provide logistics services to Mobius Motors, an automotive start-up created in 2011 that manufactures Kenya’s only local vehicle brand.
Safaricom Foundation’s Wezesha programme has partnered with Generation Kenya to equip unemployed youth aged 18-35 with the knowledge, skills and tools required to succeed in a job.
Ecobank has announced the eleven startups shortlisted for the 2nd edition of the annual Ecobank Fintech Challenge.
The quest for convenience from businesses and a growing middle class has opened up doors for errand running businesses that offer a host of services from food deliveries, filling of returns and data entry services among others.
Kenyan based payment service provider DPO Group has announced the appointment of Lourens Brink as the Group Chief Financial Officer (CFO) effective August 1, 2018.
Four Kenyan Startups are among the 10 African startups selected as finalists for the 2018 Zambezi Prize for innovation in Financial Inclusion.
HighJump, a global provider of supply chain solutions, has announced that, in partnership with independent software developer, iWMS, it is modernizing the operations of manufacturer of fast-moving consumer goods BIDCO Africa Limited.
For the 10th anniversary of gamescom, during the largest European game convention, several African game developers will participate in devcom, the interdependent game developer conference.
Kenya Association of Manufacturers (KAM) has partnered with the University of Nairobi (UoN) to develop strategies that promote ethical and legal business practices within the private sector.
Visa has announced a new partnership with international mobile financial services firm Branch to offer custom financing to merchants who accept payment via Visa.
Kenya’s capital Nairobi is becoming a worldwide property magnet.
An increasingly disenfranchised customer base that has now been empowered by technology to voice their complaints on poor service delivery is inspiring companies to find innovative way of reaching out to clients.
The Village Enterprise Development Impact Bond (DIB), the first impact bond designed to reduce extreme poverty in rural sub-Saharan Africa, has closed its initial round of funding.
Boehringer Ingelheim, a global pharmaceutical company has announced the launch of the ‘In Reach Africa’ program, an initiative aimed at facilitating quality and innovative human and animal healthcare.
Power utility company Kenya Power has launched new customer service centers dubbed ‘Power Clinics’ to improve service delivery and enhance customer satisfaction.
Kenyan Mobile Consumer Feedback Company mSurvey has announced a new partnership with Safaricom’s M-Pesa.
The Kenya Pipeline Company (KPC) has completed the migration of its manual procurement to the new Supplier Relationship Management (SRM) platform.
Hospitals across the continent are confronted with challenges brought by technological disruption and increased demands.
SunCulture, a Kenyan-based technology company and a provider of solar water pumps and irrigation solutions for small holder farmers, has closed an investment round with the EDF Group.
Investments by the US in Kenya have in the past month increased rapidly, an indication of America’s renewed efforts to grow its financial and investment portfolio and influence in the East Africa nation amid intense rivalry from countries such as China.
Telecommunications operator, Telkom, and Loon, a subsidiary of Alphabet, have announced the signing of a definitive agreement to pilot an innovative new 4G/LTE access network service in Kenya.
Kenyan agri-tech startup Tulaa, which allows smallholder farmers to access inputs, credit and markets, has raised a US$627,000 seed round to fund its continued expansion in the East African country and further develop its platform.
UBA Kenya, part of Lagos-based banking multinational UBA Group, has unveiled an interactive chat banker that enables customers to make use of their social media accounts to carry out transactions.
In line with the Paris Agreement’s aim to strengthen global response to climate change, industry as a significant stakeholder in the planet’s future, must take a lead in effecting and normalizing clean energy use.
Despite more than 80 per cent of the beef consumed in Kenya being produced by pastoralists according to a 2011 study, they still struggle with poor market prices and scarcity of fodder.
Living in northern Kenya’s Isiolo and Marsabit counties means facing frequent droughts and climate shocks and, for businesses, often facing isolation from financial services, like loans, and strong markets.
Andela, the company building high-performing engineering teams with Africa's most talented software developers, has launched a pan-African technology hub in its fourth African market: Kigali, Rwanda.
Kenya’s President Uhuru Kenyatta has issued a directive freezing all new government projects until those that are ongoing are completed.
Embraer and Kenya Airways have signed a multi-year contract for the Embraer Collaborative Inventory Planning (ECIP) program.
Latest survey data from Stanbic Bank Purchasing Managers’ Index™ signals a robust, albeit softer, improvement in business conditions across Kenya’s private sector in June.
Kenya’s President Uhuru Kenyatta and the Prime Minister of the Republic of South Korea Lee Nak-Yeon have held talks to enhance Korea’s role in Kenya’s economy and the achievement of the Big Four development agenda.
SunCulture, a Kenyan-based technology company and a leader in solar water pumps and irrigation solutions for small holder farmers, has closed an investment round with the EDF Group.
President Uhuru Kenyatta of Kenya announced in Nairobi that his country would double its shareholding in pan-African infrastructure investment platform Africa50, increasing its current investment to US$100 million.
The Government has prioritized the Manufacturing Sector in the Big 4 Agenda primarily because, through local content provision, it functions as a support provider and catalyst for achievement of the other pillars.
Mr. Felipe Jaramillo has been appointed as the new World Bank Country Director for Eritrea, Kenya, Rwanda and Uganda, effective July 1, 2018.
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
President Uhuru Kenyatta has signed into law a Bill creating a 15 percent tax relief for Kenyans buying houses under the Affordable Housing Scheme.
Equity Group Holdings Plc has appointed its long serving Group Director of Strategy, Legal Services and Company Secretary Mrs. Mary Wangari Wamae as Group Executive Director overseeing the Group’s subsidiaries.
Smallholder farmers in rural villages of Murang’a County in Central Kenya have traditionally grappled with produce glut and poor market pay as a result of over production of key produce like vegetables and fruits.
Kenya continues to be a global frontrunner in embracing renewable energy. Ordinary citizens are driving this revolution.
More than 80 Kenyan companies have adopted Kaizen practices to improve operations in the last 19 years and have reaped considerable benefits in their productivity, cash flows and operations.
Africa Plantation Capital has signed an agreement to supply bamboo biomass to Bidco Africa group for a green and sustainable energy source.
GreenTec Capital has announced its investment into Bismart Insurance from Kenya. Leveraging on cutting edge technology, the company provides a digital interface to offer insurance products and services across Africa.
Community Internet service provider, poa! internet on Thursday launched Kenya’s first village home Internet service. The internet provider is offering unlimited Wi-Fi into homes around Ting’ang’a, Kiambu County.
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, has announced the rebranding of its Africa operations as “Unimoni”.
In one of the most historic developments in the country, President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya
Kenya’s government has overhauled the country’s current income tax legislation framework and announced measures designed to help grow the economy, according to the Budget Statement for the fiscal year 2018/2019.
Today, Kenya finds itself in an awkward yet promising position in its history. For one thing, our unemployment rate is arguably one of the highest in the East African region.
Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its Nairobi Metropolitan Area Residential Report – 2017/2018.
President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya and stashed in foreign countries.
AkzoNobel has opened a new coatings production facility in Kenya. Located in the capital, Nairobi, the long-term plan is to expand further and use Kenya as a gateway to the whole of East Africa.
A job to promote the blockbuster movie Black Panther may have been one of Osborne Macharia’s greatest breakthroughs, but it also embodied the long and adventurous journey for this Kenyan photographer and digital artist.
Known for its aggressive approach in selling its economic sectors, Kenya has this week been on a charm offensive, as both public and private players step up efforts to win investors and grow businesses.
The Capital Markets Industry has agreed to work together in a joint strategy to enhance product uptake and listings at the Nairobi Securities Exchange.
President Uhuru Kenyatta has challenged scientists and innovators to be at the forefront in finding solutions for challenges facing the country.
Africa’s hotel sector has the potential for further growth over the next five years. An increase in the number of travelers, and an expansion in a number of hotel chains reinforces the hotel sector’s untapped potential for business growth.
Kenya has called on investors to take advantage of the flights between Nairobi and New York, set to begin in October, to expand business.
WorldBusiness Capital, Inc. (WBC) has announced the closing of a $10 million, 10-year commercial loan to Victoria Commercial Bank Limited (VCB) of Kenya.
Kenya Government officials led by President Uhuru Kenyatta have negotiated deals worth 1$00 million at the US-Kenya conference in Nairobi.
Stephen Maina Ndungu is the Co-founder and CEO of the Dutch-Kenyan software development company Competa Millman.
The U.S. Trade and Development Agency has awarded a grant to the Kenya Tea Development Agency Power (KTDA Power) Company Limited, the power generation company of one of the largest private tea management agencies in Kenya.
Green Africa Airways has completed its Series A round of financing with Kuramo Capital, a Pan African independent investment management group based in New York with additional offices in Lagos and Nairobi.
As one of East Africa’s big brothers in economic growth and development, Kenya has this week continued to attract praise and investment with its landmark investments delivering impressive payoffs.
The World Bank has approved a $200 million International Development Association (IDA) credit to assist Kenya in managing the impacts of climate and disaster risks.
Kenya’s progress in the construction of the Standard Gauge Railway (SGR) has earned praise from regional Heads of State who now want Uganda, Rwanda and South Sudan to follow suit.
Cytonn Investments, an alternative investment management firm in the East African Region, has secured an additional Sh2.1 billion in funding from their institutional partners, Taaleri of Finland.
Public utility company Kenya Power will spend KShs.13 million to fund Corporate Social Investment (CSI) programmes championed by employees across the country.
Amani Institute is launching the Amani Leadership and Management for Impact program (ALMI) in Uganda.
Bancor, the decentralized network for digital currencies, has announced it is launching the world’s first blockchain-based community currencies in Kenya aimed at combating poverty.
More than 35,000 rural households in Kenya will soon be eating better and earning more money thanks to a new financial agreement signed by the International Fund for Agricultural Development and the Republic of Kenya.
The CEO of Melvin Marsh International Limited and the chairlady of the Kenya Association of Manufacturers Flora Mutahi has been appointed to the board of the United Nations Global Compact.
Pan-African entrepreneurial training program, seed fund, and incubator MEST, has closed its third successful MEST Africa Summit.
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
At a time when the rest of Africa continues experiencing suppressed growth occasioned by drought, political upheavals and low private sector activity, East Africa has been in the headline this week.
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC.
Land LayBy Technologies is a financial technology company currently operating in the real estate sector in Kenya. The sister Company in Melbourne, Australia subserves the same market segment.
At the forefront of innovation and technology in energy while collaborating with power producers across the region, GE Power has announced that it has reached its 100th power plant installation in Sub-Saharan Africa.
Kenya Power has set aside an approximated $16 million to finance various projects aimed at strengthening the distribution network in North Rift region, to provide adequate and reliable power supply.
Kenya will work with the U.N. Economic Commission for Africa (ECA) to protect and grow start-up tech innovations and to unlock pension funds to deploy in developing the country, President Uhuru Kenyatta has said.
Telkom Kenya has repositioned its Telkom Enterprise Division promising to enhance Kenya’s business growth.
Cytonn Investments has released its 2018 quarter one Banking Sector Report, which ranks KCB Group as the most attractive bank in Kenya, a position it has retained since 2015, supported by a strong franchise value and intrinsic value score.
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
Kenya Association of Manufacturers and Kenya National Commission on Human Rights have launched the Malindi Public Inquiry Audit Report to establish compliance with the Human Rights Principles and Standards by salt manufacturers.