Business

Sun King launches phone & TV manufacturing plant with annual production capacity of up to 700,000 units

Sun King, Kenya’s solar and energy-efficient appliances company, has launched its 7,600-square-metre manufacturing facility with an annual production capacity of up to 700,000 units, reports pan-African tech publication TechMoran. Sun King aims to localise manufacturing, shorten supply chains, and increase local value addition and substitute more than USD $150 million in imports across Africa over […]

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Tatu City launches its After-School Artificial Intelligence (AI) Program

Tatu City has officially launched its After-School Artificial Intelligence (AI) Program under Tatu Reach, the city’s Environmental, Social and Governance initiative, while celebrating the graduation of the first cohort of students, participants in the pilot phase, who completed a 13-week course in front-end web development and artificial intelligence. The program, designed for learners aged 14–15,

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Standard Bank’s Kenyan Unit Said in Talks to Acquire NCBA Group

Standard Bank Group Ltd.’s Kenyan subsidiary is in advanced talks to acquire NCBA Group Plc, according to people familiar with the matter, in a deal that could reshape Kenya’s competitive banking landscape. The discussions, which remain private, could result in one of the largest banking transactions in East Africa in recent years, potentially creating the

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IFC Anchors $550M Axian Bond to Fund Wananchi Acquisition

The International Finance Corporation (IFC) will anchor a $550 million bond issuance by Axian Telecom to finance the Mauritius-based operator’s planned acquisition of Kenya’s Wananchi Group, according to people familiar with the matter. IFC is expected to commit $75 million (Sh9.6 billion) to the debt, which will also refinance existing obligations and fund general corporate

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Yango Group Buys Stake in Kenyan Fintech Firm Zanifu

Yango Group, a UAE-based tech company, has announced a new investment in Zanifu, a leading Kenyan fintech platform that provides access to working capital for small and medium-sized enterprises (SMEs). In addition to funding, Yango Group will support Zanifu in shaping its long-term business structure and growth strategy — drawing on the Group’s operational experience

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Safaricom Hosts Innovation Day to Recruit Large Businesses

Safaricom recently hosted its flagship Innovation Day under the theme: “Powering What’s Next: AI, Resilience & Sustainable Innovation,” in amove expected to attract enterprise-grade customers in line with its a mission to transform from a telco to a techco. The firm saw at least 100 key decision-makers, technology partners, and enterprise customers attend the forum

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Britam posts Kshs 2.5 billion profit, records 11% growth in insurance revenue

Britam has posted a profit before tax of Kshs 2.5 billion, for the six-month period ended June 30, 2025 and saw an 11% growth in insurance revenue to Kshs 19.7 billion, reflecting strong momentum across both the Life and General insurance businesses. Interest and dividend income also grew by 16% to Kshs 10.6 billion, supported

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Dubai Airport Launches World’s First AI-Powered Passport Control Corridor

Dubai International Airport, the world’s busiest hub for international passengers, recently unveiled a groundbreaking innovation: the world’s first AI-powered passenger corridor. This smart travel system allows travelers to walk through passport control in seconds—no documents needed. The Future of Travel at Dubai International Airport Dubai has long been recognized as a global leader in aviation

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Kenya and Germany renew cooperation aimed at strengthening the local automotive sector

Kenya and Germany have reaffirmed their commitment to deepening their cooperation in supporting the local automotive industry to spur skills development, adoption of modern assembly technologies, and promotion of green mobility solutions. This was revealed by Germany Deputy Ambassador to Kenya and Trade Counsellor, Alexander Fierley during his visit to the Kenya Vehicle Manufacturers (KVM)

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Safaricom Clinches Top Digital Technology Award at CIPS Africa 2025

Safaricom PLC has been named Winner of the Best Use of Digital Technology at the prestigious Chartered Institute of Procurement & Supply (CIPS) Africa Excellence in Procurement and Supply Awards 2025. This Awards programme is hosted by the CIPS, the awarding body for the profession that sets the Global Standard for Procurement and Supply. The

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