- The Kenya Association of Manufacturers (KAM) is warning of possible power rationing if investments are not made in new power purchase agreements and the construction of new power stations.
- Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner prepared for a blistering trade war between Beijing and Washington.
- The World Bank now says that Kenya’s debt level is increasingly concerning, with the classification of "high risk of default" only serving to put more pressure on the National Treasury.
- Canadian fintech firm Valour Inc. has partnered with GulfCap Investment Bank (GCIB) to cross-list its Exchange Traded Products (ETPs) on the Nairobi Securities Exchange (NSE), marking a significant step in expanding regulated digital asset investment options in Kenya.
- Kenyan learners are set to benefit from a new program that will expand opportunities for ambitious, high-potential students worldwide to earn a degree and seamlessly transition into careers in Germany.
- TotalEnergies (TTEF.PA), chief executive Patrick Pouyanne defended the company's work on oil projects in East Africa on Friday, after an independent U.N. human rights expert said the French firm should urgently address fresh allegations of abuses.
- Standard Chartered Bank has ramped up efforts to tap into Kenya’s high-net-worth segment with the launch of a new wealth advisory campaign targeting affluent clients.
- The event, which aimed to help young entrepreneurs, women-led businesses, and differently abled business owners, brought together Safaricom teams, partner agencies, and a diverse pool of suppliers.
- Under the theme “Future Ready: Equipping talent for inclusive digital job markets,” the event convened young job seekers, industry experts, and key stakeholders, tackling the barriers that keep Kenya’s youth, especially refugees and displaced communities, out of formal employment.
- Chinese home appliance giant Haier is ramping up its presence in Kenya through an aggressive expansion strategy centred on retail partnerships and locally tailored products.
- Kenya is positioning itself at the forefront of digital financial innovation as Parliament moves to regulate virtual assets through the Virtual Asset Service Providers Bill, 2025, now undergoing public participation.
- The Common Market for Eastern and Southern Africa (COMESA) is calling for urgent action to improve access to high-quality seeds across its 21 member states, in a renewed push to boost agricultural productivity and reduce food insecurity.
- MaxAB-Wasoko, the retail e-commerce giant formed from last year’s merger of Egypt’s MaxAB and Kenya’s Wasoko, has announced the acquisition of Egyptian e-marketplace Fatura.
- In a bid to improve power distribution reliability and efficiency in the country, Kenya Power has partnered with Amotech Africa and global test equipment manufacturer Megger to roll out smart overhead line monitoring technology.
- Vivo has officially unveiled the highly anticipated vivo V50 Lite, a sleek and powerful smartphone designed to deliver flagship-level battery life, an effortlessly stylish look, and an enhanced photography experience.
- The Kenya Sugar Board has disbursed over Ksh.600 million to sugarcane factory workers, marking a significant milestone in its efforts to clear outstanding debts owed to employees and farmers.
- The National Treasury on Friday officially received the final report from the Committee of Experts (CoE) on Mobilizing Domestic Capital for Public-Private Partnerships (PPPs).
- Kenya has successfully obtained a 1.5-billion-dollar Eurobond, an equivalent to Ksh.193.9 billion. The bond will also pay off part of an existing debt that was due in 2027.
- Airtel Africa has appointed Publicis Groupe Africa as its integrated marketing partner across 12 key markets on the continent, marking a strategic collaboration aimed at delivering creative, data-driven brand experiences.
- Co-operative Bank of Kenya has posted a Ksh.6.9 billion net profit for the first quarter of 2025, up from Ksh.6.6 billion in a similar period last year, representing a 5.3 per cent growth. The performance reflects strong momentum in digital banking, lending, and cost management.
- Kenya-based electric vehicle start-up Roam, the asset financing company M-Kopa, and the retail chain Quickmart are among local names in the 2025 Financial Times-Statista ranking of Africa’s fastest-growing companies.
- Absa Bank Kenya has announced a strategic partnership with Women’s World Banking, aimed at deepening financial inclusion and promoting economic empowerment of women entrepreneurs across Kenya.
- The country’s high net-worth individuals are changing tack, moving away from foreign homes and luxury residential property in favour of local, income-generating investments.
- Some Ksh.70 billion has to date been disbursed through the Financial Inclusion Fund, the government-run credit facility commonly known as the Hustler Fund, Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya said on Wednesday.
- The Kenya National Chamber of Commerce and Industry (KNCCI) President Erick Rutto has decried the numerous levies and certifications entrepreneurs are required to pay for when setting up businesses in Kenya.
- Norwegian fintech firm Wakandi has launched a capital raise of Ksh6.5 billion (USD 50 million) to fast-track the digitisation of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the heart of its expansion strategy
- Norwegian fintech firm Wakandi has launched a capital raise of Ksh2 billion (USD 15 million) to fast-track the digitisation of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the heart of its expansion strategy.
- Equity Group emerged as a top performer at the 20th edition of the Think Business Banking Awards 2025, securing 16 awards across key categories that address innovation, financial literacy, SME support, and sustainability.
- Established in 2015 with an initial turnover of KES 17.8 million (USD 138,000), the Nairobi-based institution has reported cumulative revenues exceeding KES 3 billion (USD 23 million) by the end of 2024.
- The Boma International Hospitality College (BIHC), has reported a 166-fold increase in revenue as it marks 10 years in the hospitality and culinary arts training business.
- Equity Group Holdings Plc and the African Guarantee Fund (AGF) have renewed and expanded their strategic partnership in a groundbreaking KSh.64 billion (USD 500 million) which seeks to accelerate access to finance for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa.
- Malaysia is seeking to deepen its trade and investment ties with Kenya by positioning the country as a strategic processing and re-export hub for palm oil products destined for East Africa.
- Technology company Safaricom PLC has reported an 11.2% increase in total revenue, reaching Ksh.388.7 billion for the financial year ending 31st March 2025, up from Ksh.349.4 billion in the previous year.
- Technology company Safaricom PLC has reported an 11.2% increase in total revenue, reaching Ksh.388.7 billion for the financial year ending 31st March 2025, up from Ksh.349.4 billion in the previous year.
- Airtel Kenya has launched an Artificial Intelligence-powered spam alert service that will allow its customers to flag and identify suspicious SMS messages in real time.
- The Finance Bill, 2025, seeks to raise the minimum daily travel allowance employees get, commonly known as per diem, exempt from taxation under the Income Tax Act.
- The government of Kenya has a broad-based implicit policy on creating employment for its people that focusses at both the formal and informal sectors.
- East Africa’s real estate market has defied global headwinds to record impressive growth from Nairobi’s logistics boom to Dar es Salaam’s affordable housing demand.
- Global Credit Rating (GCR) has released its updated public rating of Equity Group Holdings Plc, revising the Group’s long-term issuer rating to A (KE) from AA- (KE), with a Stable Outlook.
