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30-10-2014 22:52:00 | by: Administrator | hits: 11079238 | Tags:

KQ and Delta Air Lines expand connectivity between U.S. and Africa
15-08-2018 | 13:28:00
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.
Sendy targets SMEs with a 33% price cut on deliveries
15-08-2018 | 12:13:20
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.
Half of Sub-Saharan Africa will be connected to mobile by 2025
15-08-2018 | 08:04:00
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.
WorldRemit, Safaricom partner for cross-border mobile money transfer
15-08-2018 | 06:42:44
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 MTFC Innov8Agric Challenge opened
15-08-2018 | 06:32:31
Submissions for the 2018 Meet The Farmers Conference Innov8Agric Challenge are now open.
[Column] Sachen Gudka: High power costs threaten Kenya’s manufacturing
14-08-2018 | 14:01:01
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 targets Kenya businesses with Kaizala Pro communication app
14-08-2018 | 11:20:24
Microsoft’s latest mobile offering, Kaizala Pro, a mobile app that improves the way businesses communicate and collaborate, has been launched in Kenya.
Counterfeit pesticides cost farmers Sh120bn in Kenya
14-08-2018 | 08:58:00
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 Rwanda complete pilot on blockchain
13-08-2018 | 12:10:00
ImpalaPay Kenya and PesaChoice of Rwanda have successfully concluded pilot test of cross-border mobile money transfer on the stellar blockchain.
[Kenya] NIC Bank in asset financing deal with Simba Corp
13-08-2018 | 08:00:49
NIC Bank has entered into an asset financing deal with Simba Corporation Ltd targeting individuals, SMEs and large commercial Businesses.
Nairobi-Addis Ababa road corridor boosts trade in the Horn of Africa
13-08-2018 | 07:25:27
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.
Kenya to set up special zones for production of livestock for export
10-08-2018 | 13:02:00
Kenyan government has announced plans to establish 50 special zones, technically known as feedlots, for production of livestock for the export market.
Kenya breathes new life into prisoners
10-08-2018 | 11:00:00
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 guns for top ICT positions in Africa and globally
10-08-2018 | 08:49:51
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.
[Kenya] Protecting the giant conservation strides of ‘Mama Elephant’
09-08-2018 | 12:45:00
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 reduces its calling rates by 50 per cent across networks
09-08-2018 | 12:17:00
Airtel Kenya has reduced its on-net and off-net calls charges by 50 percent as it seeks to sign up up more subscribers.
[Kenya Business Week] Realigning businesses to drive growth
09-08-2018 | 10:42:37
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.
[Kenya] Bolloré Logistics enters agreement with Mobius Motors
09-08-2018 | 07:33:47
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 and Generation Kenya partner in youth empowerment
09-08-2018 | 07:20:11
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 Fintech Challenge 2018 finalists named.
08-08-2018 | 12:43:00
Ecobank has announced the eleven startups shortlisted for the 2nd edition of the annual Ecobank Fintech Challenge.
[Startup Interview] George Gichuhi, Founder, HCS Errands, Kenya
08-08-2018 | 10:46:44
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.
DPO Group names Lourens Brink as new Chief Financial Officer
08-08-2018 | 09:38:40
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.
2018 Zambezi Prize for Innovation in Financial Inclusion finalists
08-08-2018 | 08:52:00
Four Kenyan Startups are among the 10 African startups selected as finalists for the 2018 Zambezi Prize for innovation in Financial Inclusion.
[Kenya] Bidco Africa picks HighJump to modernize operations
07-08-2018 | 13:34:18
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.
Video Games made-in-Africa reach the Global Scene during Devcom
07-08-2018 | 12:59:00
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] KAM partners with UoN to promote ethical business practices
06-08-2018 | 08:38:00
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 partners with Branch to offer loans to Visa merchants
06-08-2018 | 08:01:00
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] Nairobi’s property market rises to new heights
03-08-2018 | 12:15:00
Kenya’s capital Nairobi is becoming a worldwide property magnet.
[Kenya Business Week] Power clinics prove customer is king
03-08-2018 | 10:49:00
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.
Village Enterprise targets Kenya, Uganda entrepreneurs with funding
03-08-2018 | 09:12:00
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.
In Reach Africa initiative set to address human and animal healthcare
03-08-2018 | 06:21:00
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.
Kenya Power introduces power clinics to improve service delivery
02-08-2018 | 11:24:21
Power utility company Kenya Power has launched new customer service centers dubbed ‘Power Clinics’ to improve service delivery and enhance customer satisfaction.
mSurvey, Safaricom partner to collect M-Pesa customer feedback
02-08-2018 | 10:00:00
Kenyan Mobile Consumer Feedback Company mSurvey has announced a new partnership with Safaricom’s M-Pesa.
Kenya Pipeline Company migrates to new e-procurement platform
02-08-2018 | 06:43:00
The Kenya Pipeline Company (KPC) has completed the migration of its manual procurement to the new Supplier Relationship Management (SRM) platform.
[Kenya] Pandya Hospital automates operations with Sap Business One
01-08-2018 | 13:07:00
Hospitals across the continent are confronted with challenges brought by technological disruption and increased demands.
[Kenya] SunCulture closes investment round with EDF Group
01-08-2018 | 07:05:02
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.
US increases investments, grows influence in Kenya
31-07-2018 | 08:00:00
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.
Telkom Kenya partners Loon to launch commercial service in Africa
30-07-2018 | 07:50:00
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.
[Kenya] Agri-tech startup Tulaa raises $627k funding round
27-07-2018 | 09:00:00
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 launches Facebook banking
27-07-2018 | 07:15:00
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.
[Column] Sachen Gudka: Achieving Kenya's Big 4 Agenda on clean energy
26-07-2018 | 12:30:00
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.
[Kenya Business Week] Sustainable businesses that leave no one behind
25-07-2018 | 10:15:00
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.
[Kenya] Resilience project funds 36 livestock businesses in dry areas
25-07-2018 | 08:31:35
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.
[Rwanda] Andela launches tech hub for software developers in Africa
25-07-2018 | 06:08:23
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] Government freezes all new public projects to tame wastage
25-07-2018 | 06:06:16
Kenya’s President Uhuru Kenyatta has issued a directive freezing all new government projects until those that are ongoing are completed.
Kenya Airways, Embrarer ink spare parts deal
24-07-2018 | 13:59:10
Embraer and Kenya Airways have signed a multi-year contract for the Embraer Collaborative Inventory Planning (ECIP) program.
[Kenya] Private sector activity records improvement, Stanbic Index
24-07-2018 | 12:08:10
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, South Korea hold bilateral talks
24-07-2018 | 06:59:47
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.
[Kenya] SunCulture closes investment with EDF Group
23-07-2018 | 12:26:00
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.
Africa50 gets equity investment from Kenya, Rwanda becomes shareholder
23-07-2018 | 10:22:00
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.
[Column] Flora Mutahi: Current Imports Trend goes against Big 4 Plan
23-07-2018 | 07:18:21
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.
Felipe Jaramillo appointed World Bank Country Director for Kenya
19-07-2018 | 13:02:00
Mr. Felipe Jaramillo has been appointed as the new World Bank Country Director for Eritrea, Kenya, Rwanda and Uganda, effective July 1, 2018.
[Kenya Business Week] Towards affordable housing
19-07-2018 | 10:44:45
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
Kenya government introduces tax relief to boost affordable housing
19-07-2018 | 06:01:48
President Uhuru Kenyatta has signed into law a Bill creating a 15 percent tax relief for Kenyans buying houses under the Affordable Housing Scheme.
[Kenya] Mary Wangari Wamae appointed Equity Group Executive Director
18-07-2018 | 13:32:20
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.
Rural Kenya farmers triple incomes drying fruits and vegetables in sun
18-07-2018 | 12:15:00
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] Citizens spark green energy revolution with biogas
17-07-2018 | 13:45:00
Kenya continues to be a global frontrunner in embracing renewable energy. Ordinary citizens are driving this revolution.
Over 80 Kenyan companies boost productivity, cashflow with Kaizen
17-07-2018 | 13:38:00
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 to supply Bidco Africa with bamboo fuel
17-07-2018 | 06:39:27
Africa Plantation Capital has signed an agreement to supply bamboo biomass to Bidco Africa group for a green and sustainable energy source.
[Kenya] GreenTec Capital invests in Bismart, insure-tech startup
16-07-2018 | 09:01:53
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.
Poa! Internet launches unlimited home internet service in rural Kenya
16-07-2018 | 08:33:00
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 rebrands its Africa operations as Unimoni
13-07-2018 | 06:10:00
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, has announced the rebranding of its Africa operations as “Unimoni”.
[Kenya Business Week] Tackling illicit financial flows
12-07-2018 | 10:34:00
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
Kenyan newlook tax plan will affect local operations- CRS Technologies
11-07-2018 | 08:03:00
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.
[Column] Pankaj Bedi: How can Kenya become an export-oriented economy?
10-07-2018 | 13:16:00
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.
[Kenya] Residential real estate returns dip on interest rate caps
10-07-2018 | 10:48:46
Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its Nairobi Metropolitan Area Residential Report – 2017/2018.
Kenya signs deal to return stolen wealth from Switzerland
10-07-2018 | 06:15:00
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 strengthens African presence with new facility in Kenya
09-07-2018 | 06:56:55
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.
Kenyan digital artist relives journey to Black Panther success
06-07-2018 | 10:15:00
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.
[Kenya Business Week] Cementing US trade with direct flights
06-07-2018 | 10:12:00
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.
[Kenya] Capital markets players to bolster product uptake at NSE
06-07-2018 | 06:37:00
The Capital Markets Industry has agreed to work together in a joint strategy to enhance product uptake and listings at the Nairobi Securities Exchange.
Kenya bets on innovation to tackle growing needs
06-07-2018 | 06:07:27
President Uhuru Kenyatta has challenged scientists and innovators to be at the forefront in finding solutions for challenges facing the country.
Expansion of hotel chains drives sector growth, PWC report
05-07-2018 | 08:36:00
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 seeks investment in aviation sector ahead of U.S. flights launch
02-07-2018 | 10:49:00
Kenya has called on investors to take advantage of the flights between Nairobi and New York, set to begin in October, to expand business.
[Kenya] Victoria Commercial Bank receives $10 million loan from WBC
29-06-2018 | 13:21:57
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, US ink deals worth $100 million
29-06-2018 | 11:18:00
Kenya Government officials led by President Uhuru Kenyatta have negotiated deals worth 1$00 million at the US-Kenya conference in Nairobi.
[Interview] Stephen Maina Ndungu, CEO, Competa Millman, Kenya
29-06-2018 | 09:54:00
Stephen Maina Ndungu is the Co-founder and CEO of the Dutch-Kenyan software development company Competa Millman.
[Kenya] KTDA Power receives grant from USTDA to explore cheaper energy
29-06-2018 | 09:00:41
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 receives financing, ready for business
28-06-2018 | 13:28:11
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.
[Kenya Business Week] Gauging regional growth through Kenya’s prism
28-06-2018 | 06:58:00
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.
World Bank invests $200m in Kenya's efforts to manage climate risks
27-06-2018 | 11:06:11
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.
East Africa leaders laud Kenya’s progress on Standard Gauge Railway
27-06-2018 | 06:40:00
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.
[Kenya] Taaleri increases funding to Cytonn Investment by $21 million
26-06-2018 | 11:59:00
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.
Kenya Power launches education and health programmes as part of CSI
26-06-2018 | 09:13:16
Public utility company Kenya Power will spend KShs.13 million to fund Corporate Social Investment (CSI) programmes championed by employees across the country.
A new leadership and management program for managers in Uganda
26-06-2018 | 06:18:00
Amani Institute is launching the Amani Leadership and Management for Impact program (ALMI) in Uganda.
[Kenya] Bancor to launch first blockchain-based community currencies
25-06-2018 | 08:46:49
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.
[Kenya] IFAD, government sign $143 million deal to boost aquaculture
25-06-2018 | 06:05:00
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.
[Kenya] Flora Mutahi appointed to the UN Global Compact board
22-06-2018 | 09:32:29
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.
MEST announces Kenya as fourth African incubator
21-06-2018 | 13:07:56
Pan-African entrepreneurial training program, seed fund, and incubator MEST, has closed its third successful MEST Africa Summit.
Kenya risk reward score among the highest in Sub Saharan Africa, index
21-06-2018 | 11:18:19
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.
[Kenya Business Week] Blazing the trail in economic growth
21-06-2018 | 09:44:00
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.
Resilient East African economies to enjoy sustained growth, report
21-06-2018 | 06:04:27
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 partners with Strathmore University Kenya
21-06-2018 | 05:58:47
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.
GE hits 100th power plant milestone in Sub-Saharan Africa
20-06-2018 | 13:34:00
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 invests $16 million for electricity supply in North Rift
20-06-2018 | 10:30:00
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, ECA to grow and protect startups
20-06-2018 | 08:16:00
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 repositions Enterprise division to power businesses
20-06-2018 | 06:21:46
Telkom Kenya has repositioned its Telkom Enterprise Division promising to enhance Kenya’s business growth.
KCB most attractive bank in Kenya, Cytonn report
19-06-2018 | 11:49:38
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.
[Kenya] World Bank approves $50 million to boost SMEs
19-06-2018 | 06:27:21
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
[Kenya] Report on salt sector’s compliance to human rights released
18-06-2018 | 13:04:00
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.