Latest posts
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SBM Bank Kenya finances $4.44 million fleet expansion for logistics firm
SBM Bank Kenya has financed a $4.44 million fleet expansion for Beyond Continents Logistics Ltd., enabling the logistics firm to acquire 50 heavy-duty trucks to support cargo transportation across East Africa. The acquisition comprises 50 Shacman prime movers fitted with Bhachu trailers, which the company expects to strengthen its haulage capacity as regional trade and…
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Absa, Vivo Energy Kenya sign financing deal to support Shell station expansion
Absa Bank Kenya and Vivo Energy Kenya, the distributor and marketer of Shell products in the country, have signed a financing partnership aimed at helping service-station dealers expand their businesses and secure long-term operating locations. Under the memorandum of understanding, eligible Vivo Energy dealers will have access to tailored financing to pay landowners rent in…
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Mawingu Foundation to Push Integrated Healthcare Infrastructure at UNGA81
Mawingu Foundation will bring governments, healthcare providers, technology companies and investors together at the United Nations General Assembly on Wednesday to push for greater investment in the infrastructure needed to deliver digital healthcare in underserved communities. The Kenyan foundation will host a side event focused on combining internet connectivity, reliable electricity and clinical technology, arguing…
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Twiga Foods enters administration
Twiga Foods Limited has entered administration and Mohamed A. Mohamed of Maawiy Financial Advisory Limited has been appointed Administrator by the Board of Directors effective September 2026. Templar Field Limited, formerly known as Twiga Foods Limited follows an earlier adminstration of one GT Flow Limited, another Twiga Foods subsidiary (formerly known as Twiga Foods One…
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Kenya Court Voids $1.6 Billion Safaricom Stake Sale to Vodacom
Kenya’s High Court has nullified the government’s sale of a 15% stake in Safaricom Plc to Vodacom Group, ruling that the multibillion-shilling divestiture violated the Constitution and applicable laws and ordering the shares to be restored. The decision threatens to unwind a transaction worth about KSh204 billion ($1.6 billion) that was completed in June after…
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Airtel Africa winds up Kenya fibre venture after two years without revenue
Airtel Africa is winding up a Kenyan wholesale fibre business after two years in which the unit failed to generate revenue, underscoring the difficulties facing new entrants to one of east Africa’s most developed telecommunications markets. Airtel Kenya Telesonic Limited, established to provide wholesale fibre capacity and high-speed data transport to telecom operators, internet service…
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Stanbic Bank Kenya appoints Michael Mutiga as CEO
Stanbic Bank Kenya has appointed Michael Mutiga as its chief executive after receiving regulatory approval from the Central Bank of Kenya, the lender said on Tuesday. Mutiga, a former senior executive at Kenyan telecommunications company Safaricom, takes over as Stanbic seeks to build on strong financial results in the first half of the year. Stanbic…
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Nokia phones in Kenya 2022
Was your first cell phone also a Nokia cell phone? You are definitely not alone in this! Nokia has significantly shaped the mobile phone market – and that’s exactly why the mobile phones still have a certain cult factor today . Nokia is still one of the leading manufacturers in the field of communication technology…
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OnePlus mobile phones in Kenya 2022
OnePlus stands for smartphones that are always state-of-the-art and impress with innovative features. The special thing about the Chinese brand: In terms of value for money, OnePlus cell phones can hardly be surpassed – that’s exactly why the popular smartphones are also known as the “flagship killers”. Every year, the manufacturer brings new devices onto…
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ZTE smartphones in Kenya 2022
In contrast to Samsung, Apple or HUAWEI, ZTE smartphones are still relatively unknown devices on the mobile phone market in this country. Nevertheless, the smartphones from ZTE do not have to hide from well-known brands. On the contrary. more and more cell phone users recognize the advantages of Chinese cell phones, such as low selling…