Business

Family Bank Secures KSh 2.6 Billion from BII to Boost MSME Lending

Business, Women /

Family Bank has secured KSh 2.6 billion from British International Investment (BII), to expand its lending capacity to micro, small, and medium-sized enterprises across Kenya. The funding facility, classified as a 2X-qualified investment under BII’s global initiative to promote gender equality, is designed to accelerate inclusive economic growth by increasing access to trade and working […]

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Safaricom and PayPal Partner to Connect M-Pesa Users to Global Payment Services

Business /

Safaricom and PayPal have announced a partnership enabling M-PESA users in Kenya to transfer funds directly between their mobile wallets and PayPal accounts. This integration, now available to over 35 million M-PESA users and two million local businesses, aims to streamline access to international e-commerce, gig economy payments, and cross-border remittances. The collaboration will allow

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Sinotruk by CFAO Introduces Affordable and Medium Duty Trucks

Business /

Sinotruk, known for its affordable quality trucks in the tipper and prime mover segments, is expanding its offerings by introducing light and medium duty vehicles aimed at strengthening its market dominance across the segment. The trucks which include the Sinotruck H2 (light duty) and H3 (medium duty) models are set to revolutionize the transportation industry.

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Naivas Celebrates 35 Years with Nationwide Customer Appreciation Drive

Business /

Naivas Supermarket, is marking 35 years in Kenya with a nationwide customer appreciation drive, offering giveaways, vouchers, and surprises across all its branches. Founded by the late Peter Mukuha Kago, Naivas began as Rongai Self Service Stores and rebranded to Naivas in 2007 as it began expanding aggressively beyond Nakuru. The name “Naivas” is a

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Liquid and DropByDrop Join Forces to Tackle Kenya’s Water Loss Crisis with Smart Tech

Business /

Liquid Intelligent Technologies has partnered with DropByDrop Water Systems to revolutionize water distribution in Kenya through advanced smart water solutions aimed at curbing non-revenue water losses. According to national data, nearly 47% of water released into Kenya’s distribution networks goes unaccounted for, either lost through leaks, theft, or poor metering. The new partnership between Liquid

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IRA Urges Shift to Voluntary Insurance Products to Drive Sector Growth

Business /

The Insurance Regulatory Authority (IRA) has called on industry players to diversify their offerings and reduce over-reliance on compulsory insurance products if the sector is to realize meaningful growth and broaden its impact in Kenya. Speaking during a bancassurance forum co-hosted by Standard Chartered Bank and Prudential Life Assurance Kenya, IRA Chief Executive Godfrey Kiptum

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Watu Credit Expands Digital Access with Over 3 Million Smartphones Financed

Business, Startups /

Watu Credit, a fast-growing asset financing company, has announced it has financed over 3 million smartphones across eight African countries, marking a major milestone in its mission to expand digital inclusion on the continent. Speaking in an interview with Capital FM Business, Kevin Michuki, the firm’s Head of Growth, said the achievement reflects growing demand

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Safaricom Pumps KSh 2.4 Billion into Circle Gas to Scale Pay-As-You-Go Clean Energy Model

Business, Climate Finance /

Safaricom PLC has announced a fresh capital injection of KSh 2.4 billion into Circle Gas Ltd, the UK-based parent company of Kenya’s pay-as-you-go (PAYG) cooking gas provider, M-Gas. The move signals Safaricom’s continued confidence in the venture’s long-term strategic value, despite its current loss-making status. The telco giant is betting big on technology-driven access to

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Bolt partners with NTSA, National Police & County Govt to train drivers on road and app safety

Business /

Bolt, the ridehailing platform, today hosted a comprehensive safety training workshop for drivers and couriers on its platform. This initiative, a collaborative effort with the National Transport and Safety Authority (NTSA), the National Police Service (NPS) Traffic Police Department, and the Nairobi City County Government (NCCG), aimed to enhance road safety through practical, regulatory-aligned learning.

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Sidian Bank Clinches Customer Focus and Innovation Award 2025

Business /

Sidian Bancassurance won big at the 2025 Think Business Insurance Awards, earning top honors for innovation, customer focus, and excellence in insurance delivery. At the prestigious event held in Nairobi, the firm was named Most Customer-Centric Bancassurance Intermediary, a coveted award that recognizes organizations that place customer needs at the heart of their operations. The

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