Milcah Lukhanyu

Konza and Japan Tech Firms Explore Innovation Partnerships

Business, Eco Tech /

Konza Technopolis on Saturday hosted a delegation of Japanese tech companies as part of a push to deepen bilateral collaboration in digital innovation, infrastructure development, and investment. The engagement, which brought together government officials, private sector leaders, and representatives from Japanese multinationals, focused on exploring opportunities within Kenya’s growing tech ecosystem. The delegation toured the […]

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Kenya to Host EBRD’s Africa Hub to Empower MSMEs

Business, Climate Finance /

The European Bank for Reconstruction and Development (EBRD) is set to establish its first African continental office in Nairobi, a move set to significantly enhance support for Kenya’s Micro, Small and Medium Enterprises (MSMEs) and strengthen Public-Private Partnerships (PPPs). Speaking on the sidelines of the Fourth International Conference on Financing for Development in Seville, Spain,

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Stanbic Bank to Mobilize KSh 13 Billion to Fuel Startup Growth

Business /

Stanbic Bank Kenya  has committed to mobilize KSh 13 billion in funding to support emerging businesses, as part of its broader strategy to expand its footprint in the enterprise financing space and drive inclusive economic development. The fund will be targeted at startups and early-stage businesses across key sectors including agriculture, manufacturing, digital innovation, healthcare,

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President Ruto Signs Finance Bill 2025 into Law

Business, Climate Finance /

President William Ruto has officially signed the Finance Bill 2025 into law, implementing a comprehensive package of tax reforms set to take effect on July 1, 2025. The Finance Act 2025 signifies a crucial step in the government’s strategy to enhance revenue collection, modernize tax administration, and stimulate economic recovery and growth during the 2025/26

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Equity Bank Secures Approval to Establish First Office in UAE, Expanding Global Footprint

Climate Finance /

Equity Group Holdings Plc is set to open a new representative office in the United Arab Emirates (UAE) following regulatory approval.This expansion is part of the company’s strategic plan to expand beyond East and Central Africa. The new office aims to enhance cross-border financial services, promote trade and investment between Africa and the Middle East,

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Family Bank Shareholders Approve KES.1.1 Billion Dividend Payout

Business /

 Family Bank shareholders have approved a KES 1.1 billion, KES 0.85 per Share, dividend pay-out for the 2024 financial year. The dividends represent a 53% increase from the 2023 pay-out, when shareholders approved a distribution of KES 723 million. This year’s pay-out follows a 38% surge in profit after tax, which closed at KES 3.4 billion for the year ended

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 Safaricom Crowned Africa’s Most Admired Brand at 2025 Brand Africa Awards

Business /

Safaricom PLC has once again solidified its position as a continental powerhouse by being named Africa’s Most Admired Brand at the 2025 Brand Africa Awards, held earlier this week. This marks the second consecutive year that the Kenyan telecommunications giant has claimed the top spot, highlighting its lasting impact, innovation, and relevance across African markets.

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Kenya Secures KSh16.4 Billion Loan to Advance Environmental Conservation

Climate Finance /

Kenya has secured a concessional loan of $126.8 million (approximately KSh16.4 billion) from the International Fund for Agricultural Development (IFAD) to enhance environmental conservation and support rural livelihoods. This funding is intended to support the launch of Integrated Natural Resources Management Programme (INReMP), a multi-year initiative aimed at both ecological preservation and socio-economic development. The

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President Ruto Praises Kenyans Abroad as Diaspora Remittances Soar to KSh638 Billion

Business /

President William Ruto has praised the Kenyan diaspora community for its increasing contribution to national development, following a historic surge in remittances that reached a record KSh638 billion ($4.95 billion) in 2024. Speaking at State House Nairobi on Monday during a meeting with representatives from 27 countries, President Ruto remarked that diaspora remittances now surpass

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Luno Re-enters the Kenyan Market With New Suite of Crypto Trading Services

Climate Finance /

Luno, a South African cryptocurrency platform, has re-entered the Kenyan market to allow Kenyans to securely buy, sell, and store digital assets, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). This relaunch marks the return of the firm after years-long hiatus. Luno, which previously operated in Kenya under the name BitX from 2013 to 2014,

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