The Appellate Division dismissed an Appeal filed by Castro Pius from Tanzania, whose application was seeking for an injunction to stop the Partner States which had not signed the European Partnership Agreement not to sign the same.
Credit rating agency A.M. Best has downgraded the financial strength rating to B, Fair, from B+, Good, and the Long-Term Issuer Rating to bb+ from bbb- of Kenya Reinsurance Corporation Limited, Kenya Re.
Intertek, a Total Quality Assurance provider to industries worldwide, has extended its contract with the Kenya Bureau of Standards (KEBS) to continue to manage its Pre-Export Verification of Conformity to Standards Programme.
The Board of the Capital Markets Authority has approved the grant of a license to Execution Point Limited to operate as a Non – Dealing Online Foreign Exchange Broker.
Silicon Valley based digital solutions provider Fiorano Software has been selected by I&M Bank, Kenya to achieve digital transformation to reduce time-to-market while integrating its Finacle, Core Banking System.
The Kenyan government has gazetted compulsory standards to stop the production, import, export, use and sale of lead-containing paints in Kenya.
Agritech is transforming doing business among Kenyan farmers and vendors, CNN Marketplace Africa programme has learnt.
Kenya Association of Manufacturers (KAM) has launched the Manufacturing Priority Agenda (MPA) 2018 under the theme Sparking Kenya’s Industrial Transformation for Job Creation.
Kenya’s mobile network operator Safaricom has launched a new all-inclusive music streaming service offering a wide variety of music to consumers as well as an additional platform for artistes to sell their music.
Oserian Development Corporation, one of the world’s largest exporters of fresh cut flowers, has come up with a raft of measures aimed at maintaining production over a long period of time without compromising on natural systems.
Two sisters are sating demand for Africa’s cuisine among Nairobians from a food truck and earning from it.
The UK Government has announced an innovative new project to help Kenyan and Rwandese coffee farmers improve crop quality and yield.
Weather changes coupled with a shift in preference by flower growers in farming technologies to sate market demands are seeing flower farms realign their operations.
doTERRA announces co-impact sourcing initiatives in Kenya, targets to create 5,000 farming jobs by 2020
Global player in the in sourcing, testing, manufacturing, and distributing of essential oils doTERRA has unveiled its social impact and community building initiatives in Kenya.
Kenya based fresh produce exporter Selina Wamucii Ltd has hailed the directive by Kenya’s Agriculture and Food Authority (AFA) to lift a temporary ban on export of all Kenyan Fuerte and Hass avocado varieties over maturity issues.
DHL Global Forwarding, the leading provider of air, sea and road freight services has appointed Agnaldo Laice and Maureen Adibuah as Country Managers in Kenya and Nigeria respectively.
Sendy, an on-demand delivery services platform operating across Kenya, has completed a Series A investment round, led by DOB Equity. DOB Equity will invest alongside CFAO, member of the Toyota Group, and other private investors.
Africa Business Communities will be developing a Tech Platform on its website and is therefore looking for a freelance journalist/webmaster
The European Investment Bank (EIB) has agreed a new US $40 million financing facility with I&M Bank Ltd that will support investment by businesses across Kenya.
In Kenya the main concern regarding PET and the environment is the pollution associated with plastic packaging.
Chinese manufacturing multinational XCMG has opened its first direct regional spare parts center in Kenya to serve business in East Africa.
The International Finance Corporation has announced an investment of $3 million in Goodlife Pharmacy Limited, to help the company expand to more than 100 stores within four years to create a Pan-East African retail pharmacy chain.
An idea that was hatched at a Kenyan University as a student’s project over a year ago has now metamorphosed into a regional business offering startups a chance at embracing technology to make intelligent decisions to foster growth.
Jameel Verjee is a British entrepreneur expanding his business in the hospitality industry across East Africa. He is Founder and CEO of CityBlue Hotels, founded in Rwanda and now expanded into Kenya and Uganda.
Kenya’s mobile network operator Safaricom has announced a 53 percent reduction in mobile broadband pricing for customers on its Safaricom Home service.
Beginning April, Hapag-Lloyd will offer a new weekly service between the Saudi Arabian port of Jeddah and the east coast of Africa.
French firm Total SA has committed to invest in the Lokichar-Lamu pipeline, boosting Kenya’s efforts to develop its own oil fields and realize its ambition of joining the league of oil exporters.
The American banking firm, JP Morgan Chase & Co aims to grow its presence in Africa by expanding branches to Ghana and Kenya.
Kenya Association of Manufacturers, Confederation of Danish Industry and Embassy of Denmark partner to promote waste management
Kenya Association of Manufacturers (KAM) in partnership with Confederation of Danish Industry and the Embassy of Denmark have explored opportunities for a transition to a new plastics economy in Kenya.
Mastercard and USAID launch initiative to transform Kenya and Uganda refugee settlement schemes into digital communities
MasterCard and the U.S. Agency for International Development have launched a public-private coalition that will bring together technology, solutions and experience from multiple sectors to transform refugee settlements into digitally-connected communities.
As the Kenya government introduces a new curriculum in the country’s education sector focusing more on talent development than academic pursuit, leading flower grower and exporter Oserian Development Company has introduced a music school at its supported educational institutions.
E- health platform E-health platform MYDAWA, hit over 30,000 registered users as of December 2017. The digital service that is enabling consumers to conveniently purchase authentic medicines and wellness products was launched in March 2017.
If the East African community member states are not burning each other’s chicks, or auctioning cows, they are embroiled in trade disputes and mistrust in what has become characteristic of the integration journey.
With more Kenyans consuming digital content, five Kenyan bloggers have come together to start 24BIT, a Kenyan technology podcast.
French oil firm Total SA has confirmed its commitment to the Lokichar to Lamu oil pipeline as the only evacuation route for Kenya’s crude from the Lokichar fields.
Wholesale network service provider Workonline Communications has expanded its East African presence by making its IP transit services available in Nairobi, Kenya.
Technology has taken off in Kenya like wildfire, where the healthcare and pharmaceutical sectors are the latest industries to embrace its benefits.
Paul Langlois-Meurinne is a serial entrepreneur in Africa focused on large scale technology driven innovations. Gravity is one of such innovations:
From intercropping, mulching to relying on indigenous knowledge, smallholder farmers in East Africa are developing resilient techniques to insulate themselves from changing weather patterns at a time when studies show they will be among the most affected in years to come.
Born in Rwanda, open in Uganda and now in Kenya, CityBlue Hotel’s recent takeover of the landmark Creekside hotel at Tudor Point in Mombasa is a declaration of the company’s expansion plan for Africa.
Orb Energy has raised more than $15 million in equity and debt to grow its in-house finance facility of rooftop solar for small- and medium-sized enterprises (SMEs) in India and to further expand its Kenya operations.
The Kenyan government has started a process to set up one strong financial institution that will merge functions of several organizations that currently run parallel and sometimes perform overlapping roles.
Credit rating agency A.M. Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating “bbb” of ZEP-RE, PTA Reinsurance Company, Kenya.
Kenya Airways (KQ, Nairobi Jomo Kenyatta) has announced it will make its North American debut during the last quarter of this year.
Oil marketer KenolKobil PLC has appointed Mr. Martin Kimani as the General Manager for Kenya.
German carmaker Volkswagen is looking to double production in Kenya and to introduce a new model at its plant in Thika, Central Kenya, a huge boost for President Uhuru Kenyatta’s Big Four action plan.
Jubilee Holdings Limited has appointed Dr. Julius Kipng’etich as its Regional Chief Executive Officer.
Kenya national carrier Kenya Airways has marked a great milestone with the launch of a non-stop flight from Nairobi to New York.
Kenya Power has named Ambassador (Eng.) Mahboub Maalim Mohamed as its new Chairman.
Current technological advances are creating a new automated age, with recent developments in robotics, artificial intelligence, and machine learning.
[Kenya] Stanbic Bank becomes first bank to launch automated float purchase platform for Mpesa agents
Stanbic Bank has become the first bank in Kenya to offer an Automated Float Purchase platform for Mpesa agents.
The Central Bank of Kenya has approved the acquisition of Chase Bank Kenya by Mauritius-based bank, SBM Holdings.
To strengthen its risk based approach in managing money laundering and terrorism financing risks in the banking sector, the Central Bank of Kenya has drafted a Guidance Note on Conducting Money Laundering/ Terrorism Financing Risk Assessment.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
The real estate firm, Land LayBy was founded by Dr. Peter Tole, a Kenyan medical doctor resident in Australia, in 2014. Land LayBy is a unique combination of assistance to Africans in diaspora and accelerating economic growth on the continent.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
The Africa Development Bank’s Sustainable Energy Fund for Africa has approved a grant of US$995,000 to Asticom Kenya Ltd, to support the construction of a 10MW grid-connected municipal waste-to-energy plant.
2018 is set to be a revolutionary year for Africa as the Land LayBy Holdings, the parent holding company of a flagship of real estate & fintech companies sets the pace for the incorporation of blockchain technology in the African real estate sector.
A.M. Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of East Africa Reinsurance Company Limited Kenya.
Safaricom has released an updated version of the mySafaricom smartphone application, bringing a range of new M-PESA features and a data usage manager. With the updated version, M-PESA customers can now access all M-Shwari and KCB M-PESA functions.
The Global Human Capital Index released by the World Economic Forum this year, ranked Kenya at position 78 out of 130, up from position 120 in 2016.
East Africa is forecast to show very strong real GDP growth of 5.9% over the full year 2017. The biggest contributor to this expansion was Ethiopia (accounting for a full 2% of regional GDP growth), with its stellar performance of 7.1%.
Renowned Kenyan journalist Larry Madowo has described to CNN’s African Voices programme his journey to success and the business of news gathering.
The Pay As You Earn tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending.
Britam Insurance Company (Uganda) Ltd has unveiled its new offices located in the prestigious Nakasero suburb in Kampala.
For the first time ever, Kenya has achieved the milestone of one million active 4G customers. Safaricom said the milestone was achieved on the back of an expanding 4G network and increased affordability of 4G.
CNN International’s African Voices programme has this week featured artist and environmentalist Cyrus Kabiru to learn more about the inspiration behind his work.
Opera, the Norwegian developer of Opera Mini, the most popular mobile browser app in Africa, has integrated a new web payment platform in Kenya called OPay.
Mastercard has unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS.
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
Telkom has launched My Telkom, a self-care mobile app, for use on smart phones and other mobile devices.
In line with the theme for this year’s International Day of Persons with Disabilities to create a more sustainable and resilient society for all, Safaricom has launched M-PESA services for visually impaired customers.
International Monetary Fund (IMF) Managing Director Christine Lagarde has announced her decision to appoint Nancy Asiko Onyango as Director of the Fund’s Office of Internal Audit and Inspection (OIA).
The Kenya Post Bank is set to embark on an ambitious restructuring programme that will see it reach out to the lower end of the market with disruptive banking.
Mobile money use in Kenya dropped in the third quarter of the year by 2 percent, the time when the country was in an electioneering period.
Flamingo Horticulture Investments (FHI Ltd), a Sun Capital Europe portfolio organisation, announced that they will make a further investment of $2.4Million in subsidiary business Dudutech, Africa’s leading Biological Pesticide Manufacturer.
Kenya’s Integrated telecommunication company Safaricom has launched five new Safaricom Shops that aim to cater for rising demand across the country.
Kenya President Uhuru Kenyatta has announced that any African wishing to visit the country will be eligible to receive a visa on arrival.
Efforts being made by Kenya’s government to make Nairobi an aviation hub has received a big boost from the African development Bank which approved a US$ 160m loan for the expansion of Jomo Kenyatta International Airport.
Kenya Power has signed a total of 23 contracts for the implementation of the Last Mile Connectivity Project (LMCP) funded by both the African Development Bank and the World Bank.
CNN Market Place Africa follows a delegation of Kenyan utility managers and policy makers as they travel to the Solar Farm Project in the Californian desert to learn about more about the opportunities provided by solar power.
Traders in Kenya stand to benefit from increased efficiency following launch of the Information for Trade in Kenya web portal (infotradekenya.go.ke), which has consolidated more than 120 documents and procedures.
Safaricom has launched its e-commerce portal, Masoko. Masoko. Swahili for ‘markets’. aims to leverage the mobile phone to provide local merchants with unlimited potential to sell their products and services via an online platform
At a time when smallholder farmers across Africa, who form the bulk of the food producers, are struggling with access to key agricultural inputs including fertilizer and seeds, Farmers Pride, based in Kenya has rolled out an elaborate plan to address these biting challenges.
Stanbic Bank Kenya has launched a new business unit called Wealth dedicated to offering a complete range of financial services including Life and General insurance, investments.
Under the USAID funded Feed the Future Programme that is being implemented in Kenya through the Kenya Agricultural Value Chains Enterprises, we ventured into potato to increase productivity .
In the middle of a dry village in Kajuki, Tharaka Nithi County, a growing fruit and vegetable processing factory is proving Kenya can add value to fresh produce, increase farmer’s earnings and reduce post harvest losses.
Kenya exported passion fruits in the 90s and early 2000 but since 2003, decline in production started because of pest management challenges.
In the quest to quench the thirst of shortage of quality potato seed in Bomet County, the USAID funded Kenya Agricultural Value Chains Enterprises Project working with Deepa Industries.
Water is becoming an increasingly paradoxical subject; mainly because it is a universal basic need without which there would be no life, and yet, it is fast becoming the foremost depleted and scarce resource in the world.
Elisha Langat never catches a break in his in farm in Bomet County.He has six dairy cows, tea bushes and is multiplying potato seed.
On the streets of the bustling Kisii town in Kenya, Cyrus Nyakundi can easily pass for an ordinary hustler. He is the proprietor of Agroplant Technologies, the only tissue culture lab in the Nyanza and South Rift region.
Network Airline Management, a division of the Network Aviation Group and Astral Aviation have signed a long-term wet lease with Air Atlanta Icelandic adding a factory-built, nose-loader B747-400F to their existing managed fleet.
Oracle today hosted its Modern Business Forum in Kenya to help the country's fast-growing and large enterprises accelerate digital transformation and drive business growth with its next generation cloud applications that are now embedded with artificial intelligence.
Aon Plc the global professional services firm providing a broad range of risk has confirmed it has completed the sale of its shareholding in its employee benefit, insurance and reinsurance brokerage operations in Kenya, Lesotho, Malawi, Namibia, Uganda and Zambia.
Standard Bank was named the best private bank in Kenya in the 2017 Global Private Banking Awards held in Singapore last week, in recognition of its wealth investment and management arms.
Kenya Urban Roads Authority General Manager Daniel Muchiri has told CNN’s Building Bridges programme of the huge financial losses Kenya’s capital is experiencing as traffic jams grind the city to a halt.
Kenya Association of Manufacturers (KAM) in partnership with TradeMark East Africa have launched an online portal in a quest to provide investors in the country with up to date data on the sector.
Marriot International, Inc. has opened its second hotel in the “World’s Wildlife Capital”, Four Points by Sheraton Nairobi Airport, further consolidating its presence in Kenya.
CNN’s African Voices meets acclaimed Kenyan comedian Eric Omondi as he describes his journey to success and shares his thoughts on the power of comedy.