Business

Kenya’s Economy Maintains Growth Momentum with 4.9% Rise in Q1 2025

Kenya’s economy recorded a 4.9% growth in the first quarter of 2025, sustaining the same momentum observed during the corresponding period in 2024, according to the latest Quarterly Gross Domestic Product (GDP) Report by the Kenya National Bureau of Statistics (KNBS). The expansion was underpinned by notable improvements in several key sectors, with agriculture, information […]

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Coca-Cola to Inject $1.2 Billion to Tackle Water Challenges in Africa

Coca-Cola has announced plans to invest nearly $1.2 billion across Africa over the next five years to address critical water-related challenges in local communities across 20 African markets. As part of this investment, the company has also pledged an additional $25 million by 2030 specifically to address critical water-related challenges facing local communities across 20

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President Ruto Hold Talks with Prince William to Strengthen Kenya–UK Partnership

President William Ruto on Thursday held bilateral talks with His Royal Highness The Prince of Wales in London to strengthen Kenya–UK relations. The high-level meeting highlighted the two nations’ shared commitment to advancing mutual prosperity, deepening cooperation, and addressing pressing regional and global challenges such as climate change, peace building, and sustainable development. The meeting,

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Kenya Pipeline Company to be listed on the Nairobi Securities Exchange

President William Ruto has announced plans to list Kenya Pipeline Company (KPC) on the Nairobi Securities Exchange (NSE) via an Initial Public Offering (IPO) in 2025. This significant move is a key component of the government’s broader strategy to privatize select state-owned enterprises, stimulate economic growth, attract global investment, and deepen the foundational structures of

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KEMSA Launches Nationwide Audit to Streamline Health Supply Chain Operations

The Kenya Medical Supplies Authority (KEMSA) has launched a nationwide stocktaking initiative aimed at enhancing efficiency, accountability, and transparency within the country’s health supply chain. This initiative involves comprehensive audits of medical commodities across all KEMSA warehouses and health facilities, ensuring accurate inventory records and optimal distribution of essential medicines and medical supplies. It is

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Equity Group Appoints New Independent Non-Executive Directors to its Board

Equity Group has appointed new Independent Non-Executive Directors to its Board of Directors (the Board), following the retirement of four others. The Independent Non-Executive Directors include Mrs. Farida Khambata, Mr. Nick O’Donohoe, Dr. Aloysius Uche Ordu, Mr. Biraro Rwayitare, Dr. Lakshmi Shyam-Sunder, Eng. David Mutombo. Mrs. Farida Khambata holds a Master’s in Economics from Cambridge

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Minet Eyes Eldoret’s Thriving SME Landscape 

Minet is eyeing Eldoret’s thriving SME landscape with its latest launch. Eldoret, the commercial capital of Uasin Gishu County, is undergoing rapid urbanization, infrastructure growth, and economic diversification. In just one year, Eldoret’s population has expanded by over 20,000 people, thanks to the presence of an international airport, a central railway terminal and accessible roads that

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Konza and Japan Tech Firms Explore Innovation Partnerships

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

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

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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