BT Reporter

LemFi acquires fintech Pillar, to launch credit cards for immigrants

Apps, Business, Games /

LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition paves the way for LemFi to launch specialised credit cards designed especially for immigrant communities, addressing one of their most persistent […]

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Twiga to Let Go of Over 300 Employees in Great Pivot

Business, Software, Technology /

Twiga, the Kenyan agritech and retail distribution company, which has been restructuring and pivoting to profitability, has reportedly let go of over 300 employees to achieve its ‘NewCo’ dream. According to a report by pan-African tech publication TechMoran, “The company intends to declare financial distress, file a manufactured bankruptcy, fire over 300 employees, transfer assets

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Why technology could be a tipping point for insurance uptake

Climate Finance /

By Prudence Khamati Insurance for most Kenyans, is a grudge purchase – something people reluctantly buy because it is mandated, not necessarily because they see its value. This has contributed to a low insurance penetration rate of under 3%, according to the Insurance Industry Annual Report 2023 by the Insurance Regulatory Authority (IRA), significantly below

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Kenya Unveils Ksh 4B National Sugar Sector Support Plan

Business /

Kenya has unveiled an annual Ksh 4B National Sugar Sector Support Plan to support sustainable growth across the entire sugar industry, not just a single player. The national Ksh 4 billion annual investment plan is funded through the Sugar Development Levy (SDL) and was unveiled by the Agriculture and Livestock Development Cabinet Secretary Hon. Mutahi

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Kenya Tapping the $6.3 Trillion Global Wellness Economy

Business /

Kenya has reaffirmed its ambition to be Africa’s premier wellness tourism hub, targeting an influx of both regional and international visitors seeking holistic, nature-immersive experiences. Kenya Tourism Board (KTB) CEO June Chepkemei underscored the board’s commitment to mainstream wellness offerings as a strategic growth area for the hospitality and tourism sector. Kenya has great potential

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Del Monte Joins the Prestigious United Nations Global Compact

Business /

Del Monte Kenya has officially joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. As a member of this prestigious network, Del Monte Kenya becomes part of a global network of over 23,000 companies and 4,000 non-business participants dedicated to building a more sustainable, inclusive, and responsible future. Confirming the news, Del

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Haco Industries Makes Major Green Shift with 41% Solar Energy Use

Climate Finance /

Haco Industries has installed a multi-million solar PV System in partnership with NCBA Leasing, and renewable energy leader Ofgen Africa. The newly installed roof-mounted, grid-tied 181kWp (DC)/130kWp (AC) Solar PV system is expected to see Haco Industries achieve a 41 per cent reduction in electricity bills, generating significant cost savings that can be reinvested into

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TECNO Becomes Official Global Partner of AFCON 2025 and 2027

Gadget, Technology /

TECNO has announced the extension of its partnership with the Confederation of African Football (CAF), becoming the Official Global Partner of the TotalEnergies CAF Africa Cup of Nations, Morocco 2025 and TotalEnergies CAF Africa Cup of Nations 2027, to be co-hosted by Kenya, Uganda, and Tanzania. The announcement follows TECNO’s successful involvement as the exclusive

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Power Learn Project & Safaricom Hook Graduate 300 Youth in Digital Talent Initiative

Editors Pick, Technology /

Power Learn Project Africa (PLP), in collaboration with Safaricom’s youth platform Safaricom Hook, has graduated 300 youth from a nationwide software development program. Launched in October 2024, the PLP x Safaricom Hook Tech Cohort is a fully funded, 16-week immersive digital training initiative that recruited youth from all 47 counties of Kenya to reinforce the

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