Safaricom (NSE: SCOM) Telecommunications Ethiopia has today officially been granted the license to operate MPESA in Ethiopia. The license came seven months after the commercial launch of GSM services. The…

Three women fund managers from Nigeria, Kenya, and South Africa have been selected to receive Visa’s grant funding from the African Women Impact Fund Initiative (AWIF), a collaboration between Standard…

The Central Bank of Kenya (CBK) has announced the issuance and implementation of the Kenya QR Standard 2023 (KE-QR Code Standard 2023), which will guide how Payment Service Providers and…

KCB Foundation and Kenya Maritime Authority have flagged off 400 youth seafarers who are set to commence their studies in the maritime industry. The funds worth Ksh5.25 Million going towards…

Digital money transfer services are now the preferred remittance channel for millions of Kenyan migrants living and working in the diaspora, thanks to their online nature that allows migrants to…

Air France, the French national carrier, has announced an increase in daily non-stop flights between Paris and Nairobi from four up to seven effective 15 June this year. The extension…

Faulu Microfinance bank has today announced a series of new measures aimed at financing farmers to acquire farm inputs for both livestock and crop farming as part of its product…

The African Airlines Association has signed a memorandum of understanding with the Kenya Association of Air Operators to provide mutual support to the sustainable development of the airline industry in Kenya….

National Bank of Kenya has posted a profit after tax of KShs.828 million for the financial year ending December 31, 2022. The Bank maintained strong operational performance, reporting an operating…

KCB Group Posts KShs. 40.8 Billion in FY 2022 Net Profit,  Balance Sheet Crosses KShs. 1.5 Trillion Mark.  KCB Group PLC recorded KShs.40.8 billion in profit after tax for the full…

Kenyan migrant women are powerful agents of change who positively contribute to the Kenyan economy and their countries of transit and destination. They bring diverse talent and expertise in the…

Sankalp Forum, an initiative of Intellecap, one of Africa’s largest convening on impact entrepreneurship and sustainable development, hosted its 10th Edition of the Sankalp Africa Summit, at the Kenya School…

Hela Apparel has received funding in billion Shillings from Norfund, the Norwegian government’s investment fund. With a mission to support sustainably driven business operations in developing countries, the investment fund…

You no longer need to fear damaging or losing your SIM card and If you are a frequent traveler, you will find the eSIM very convenient for switching network operators…

Kakuzi Plc has confirmed plans to double Avocado exports to China following an engagement with Dalian Yidu Group a major Chinese importer of fresh fruits and vegetables. Nairobi Securities Exchange…

Safaricom has held its first investor meeting in a bid to update stakeholders on its journey to become a purpose-led technology company by 2025. The hybrid investor day themed “Driving…

Super Metro Sacco has introduced electric buses as part of its fleet. Supplied by Kenyan electric mobility startup BasiGo, the 25-seater K6 Electric bus will ply the CBD to Kikuyu…

The NSSF contributions were last reviewed in 2001 when the rate was increased to Kshs. 200 from Kshs.160. The NSSF Act, of 2013 increased salaried employees’ monthly deductions from Sh200…

Online money transfer has become an important part of everyday life in Kenya and across the globe. Digital money transfer services not only support millions of businesses but also help…

Since the launch of ChatGPT to the world, things at Google have not been the same, to say the least, employees at Google have been working their wits thin to…

Dong Won Lee has taken over as LG Electronic’s Regional Managing Director for East Africa, replacing Sa Nyaoung Kim who served as Managing Director for three years since January 2020….

72% of traders surveyed ‘have no plans to trade crypto/digital coin,’ with 14% predicting they’re not currently trading but plan to trade within 5 years. 8% are currently trading and…

Kenyans will dig deeper into their pockets to pay electricity bills if the energy sector regulator approves new tariffs from Kenya power starting April. The power and lighting company is…

Kwara, a Kenyan fintech company has acquired IRNET Coop Kenya Ltd, a software company that is a subsidiary of the Kenya Union of Savings and Credit Cooperatives (KUSCCO LTD). With…

Zuri Health in collaboration with Pharmaplus has unveiled a continuous care program to offer support to persons with chronic illnesses. This collaboration aims to transform chronic care for patients’ lives…

Glovo a pioneering multi-category app, has launched Glovo Local, a new program for small and medium-sized businesses in the retail and restaurant industries to enable them to digitise their products…

Standard Chartered Women In Tech has awarded top five startups in the just completed Cohort 5 tech programme.  The Startups with diverse business models were awarded $ 10,000 in seed…

LG Electronics has partnered with the University of Nairobi (UoN) to train engineers, architects, contractors, and other building professionals in the latest Heating, Ventilation, and Air Conditioning (HVAC) innovations. The…

According to recent reviews, Khaby Lame is the most followed person on TikTok with nearly 152+ million followers. This 22-year-old comedian has surpassed the previously top-rated, Charli D’Amelio, TikTok’s reigning…

African economies have been urged to include food security, climate change mitigation and adaption framework in the economic agenda. The 57th African Economies Research Conference convened policymakers, researchers, media, economists,…