Bamburi Cement signs KSh 32 bln deal to build clinker plant in Kenya
Bamburi Cement has signed a $250 million (about KSh 32 billion) engineering, procurement and construction (EPC) contract with China’s Sinoma…
Safaricom’s green bond draws retail rush as firm takes KES20 bln from oversubscribed offer
Safaricom PLC on Tuesday listed its green bond on the Nairobi Securities Exchange, with individual investors dominating demand after the…
NCBA & HEVA Fund to offer credit solutions to artists
The creative economy contributes over 5.3% of Kenya’s GDP annually, with more than 300,000 creative entrepreneurs actively shaping the sector.…
Safaricom gets $138 Million from Standard Bank for Ethiopia expansion
Standard Bank (Trading as Stanbic in Kenya), has provided $138 million (approximately KES 17.94 billion) in debt financing for Safaricom…
Vodafone buys Kenyan government’s 15% Safaricom stake for KSh 244.5 bln
Vodafone Group has acquired the Kenyan government’s 15% stake in Safaricom for KSh 244.5 billion, lifting its total shareholding in…
Digifarm launches Jipange Cash Advance to empower smallholder farmers
DigiFarm, Safaricom’s Agritech platform, today launched Jipange Cash Advance, a facility designed to help smallholder tea farmers access funds ahead…
Safaricom launches Daraja 3.0, upgraded M-PESA API platform for fintech services
Safaricom PLC has unveiled Daraja 3.0, an upgraded M-PESA API platform, marking a leap into Fintech 2.0 and commemorating 25…
Stanbic Bank Kenya and Premier Solar Solutions Partner to Boost Access to Affordable Renewable Energy for Businesses
Stanbic Bank Kenya has partnered with Premier Solar Solutions to expand access to affordable and reliable solar energy solutions for…
Safaricom Kicks Off KSh15 Billion Tax-Exempt Green Bond
Safaricom has launched the first KSh15 billion tranche of its KSh40 billion Domestic Medium-Term Note Programme, with an option to…
Orbit and Extra maker, Mars Wrigley unveils a $70m plant to serve Kenya & Middle East
Mars Wrigley Kenya has unveiled a sugar-free gum production line at its Athi River facility, an investment that builds on…