- MAY 20 – The world’s largest electric vehicle (EV) battery maker has seen its shares jump on their first day of trading in Hong Kong, as it made the biggest initial public offering (IPO) so far this year. China’s Contemporary Amperex Technology Co Limited (CATL) produces more than a third of all EV…
- NAIROBI, Kenya, May 20 – MaxAB-Wasoko, the merged retail e-commerce and supply chain platform, has acquired Egyptian e-marketplace Fatura from EFG Finance, a subsidiary of EFG Holding. As part of the transaction, EFG Finance will receive an equity stake in MaxAB-Wasoko and a seat on its board of…
- May 20 – A Channel Islands business has signed a deal with the Kenyan government to enable staff to be recruited to work in the three UK Crown dependencies. The agreement between recruitment firm GR8 and the Kenyan government would pave the way for staff to be recruited to work in Jersey and…
- By Lydia Owuor MAY 20 – Having worked in real estate law for fifteen years, when it comes to lease extensions, the most prudent approach is to apply for one at least five years before expiry. This rule of thumb exists for good reasons. There is a crucial legal distinction between a lease extension…
- MAY 20- Prime Minister Sir Keir Starmer has said it is time to move on from “political fights” about Brexit, as the UK and the European Union agreed to a major reset of relations. The UK and the EU have struck a deal that covers fishing, trade, defence, energy and strengthening ties in a number […]
- NAIROBI, Kenya, May 20 – Google has rolled out AI Max for Search Campaigns, a new artificial intelligence-powered tool designed to help African businesses reach more customers online. Rolled out globally in open beta, AI Max improves ad performance by automatically matching search queries,…
- NAIROBI, Kenya, May 20 – Purple Dot International is set to launch the 14-storey Purple Tower along Nairobi’s Mombasa Road at the end of May, marking a shift toward more sustainable and tech-enabled commercial real estate in the city. The development comes amid a market correction in Nairobi’s…
- NAIROBI, Kenya, May 19 – Kenya’s annual milk production is expected to reach 3.4 billion liters by 2028 through interventions by the Nourishing Prosperity Alliance: Forage for Animal Growth in East Africa (NPA-Forage), a consortium of private sector players in the dairy sector. The potential 53…
- PARIS, May 19 (Xinhua) — Fifteen percent of daily flights were cancelled at the Paris-Orly airport following an air traffic control system breakdown on Monday. The cancellation was requested by France’s Directorate General of Civil Aviation (DGAC). A “radar failure” had caused a cancellation of…
- NAIROBI, Kenya, May 13 – Kenya will host the 15th edition of the Magical Kenya Travel Expo (MKTE) from October 1 to 3 at Uhuru Gardens in Nairobi, with over 6,500 delegates expected from 40 countries. The event will bring together 200 international buyers, 400 exhibitors, and thousands of tourism…
- THIKA, Kenya, May 19 – Kenyans have been urged to safeguard local industries as a bulwark against potential economic and social fallout, with a Thika business leader warning that politically driven disruptions could jeopardize thousands of livelihoods. Thika Business Community Chairman Anthony…
- NAIROBI, Kenya, May 19 – Tans Nzoia Governor George Natembeya has been arrested by Ethics and Anti-Corruption Commission (EACC) detectives over Sh1.4 billion irregularities in the county. According to his lawyers, Natembeya is being questioned at the anti-graft agency’s headquarters in Nairobi.…
- MAY 19 – In July last year, Jesús Cometa was shot at as he was driving through the Cauca Valley in southwest Colombia. Gunmen on motorbikes pulled up alongside his car and sprayed it with bullets. Mr Cometa escaped uninjured but his bodyguard was hit. “He still has a bullet lodged in his chest,” he…
- NAIROBI, Kenya, May 19 – The Supreme Court of Kenya has dismissed an application by Ecobank Kenya Limited seeking to escalate a dispute over advocate remuneration to the apex court, declaring that the matter does not raise issues of general public importance as required by the Constitution. This…
- MAY 19 – The government has announced new rules aiming to protect shoppers using buy now, pay later services, saying it wants to end the “wild west” of unregulated borrowing. Under the legislation, lenders will have to carry out affordability checks to stop people taking on too much debt and…
- NAIROBI, Kenya, May 19 – The Ministry of Energy and Petroleum is under pressure to comply with a High Court ruling in a case filed by Gitson Energy Ltd, following warnings from legal representatives of potential contempt proceedings. In a letter dated May 15, 2025, W. Thuku and Associates Advocates…
- MAY 19 – Uber has said it is “ready to go” now with driverless taxis in the UK – but the government has put back the date it expects to approve fully self-driving vehicles. The previous administration said fully autonomous cars were “set to be on roads by 2026”, but the new government says it is…
- NAIROBI, Kenya, May 16 – The Ministry of Information, Communications and the Digital Economy (MICDE) has launched the Kenya AI & Cloud Pioneer Initiative during the Huawei Cloud Kenya Summit 2025, signaling a major push to position the country as a regional leader in artificial intelligence and…
- May 18 – India will remain the fastest-growing major economy in the world, according to a new mid-year report by the United Nations (UN). The World Economic Situation and Prospects (WESP) update projects India’s economy to grow by 6.3% in the current fiscal year, despite global economic headwinds.…
- NAIROBI, May 17 (Xinhua) — Kenya’s wildlife authorities on Friday launched a 10-year national recovery and conservation action to save the rare pancake tortoise. The Kenya Wildlife Service (KWS) said the National Recovery and Conservation Action Plan (2025-2035) is designed to protect the pancake…
- NAIROBI, Kenya, May 18 – Huawei Kenya, Equity Group Foundation, and the Open University of Kenya (OUK) have launched a Huawei ICT Academy at Konza Technopolis to train over 10,000 learners in digital skills and boost innovation across health, education, agriculture, and fintech. The academy, based…
- MAY 17 – The number of UK billionaires has fallen while King Charles’ personal wealth has jumped to equal that of former prime minister Rishi Sunak and his wife Akshata Murty, according to the latest Sunday Times Rich List. The annual list of the UK’s 350 richest people revealed the biggest decline…
- NAIROBI, Kenya, May 14 – A new report by the Institute of Economic Affairs (IEA) and the Mitumba Consortium Association of Kenya (MCAK) is calling on governments to support the strategic coexistence of second-hand clothing imports and domestic apparel manufacturing as dual engines of economic…
- NAIROBI, Kenya, May 7 – Global philosopher and Centre for Infinite Riches® founder Pushkar Anand has launched his debut book Manifest Your Infinite Riches, now a #1 international bestseller, offering a transformative guide to fulfillment beyond material success. In the book, Anand challenges…
- SYDNEY, May 16 (Xinhua) — The haunting calls and thunderous fin slaps of humpback whales may be doing more than captivating tourists and they are inspiring stronger environmental action among whale watchers, according to new research from Australia’s University of the Sunshine Coast. Whale…
- NAIROBI, Kenya, May – Karakuta Fresh Produce has commissioned a 7,500-tonne avocado packhouse in Nairobi, positioning itself to increase export volumes while deepening partnerships with more than 1,500 smallholder farmers across four counties. The facility will handle fruit grown on Karakuta’s 180-…
- MAY 16 – Walmart is preparing to raise prices in the US as soon as this month, as its own costs increase as a result of the new tariffs on imports imposed by President Donald Trump. The plans by the world’s largest retailer come as White House announcements in recent weeks have resulted in most […]
- NAIROBI, Kenya, May 13 — The Ministry of Education has unveiled a new digital system dubbed the Kenya Education Management Information System (KEMIS) to replace the current National Education Management Information System (NEMIS), promising improved accuracy, accountability, and real-time access to…
- MAY 16 – The UK needs more nuclear energy to power the data centres needed for artificial intelligence (AI), the boss of the world’s largest cloud computing company has said. Amazon Web Services (AWS), which is part of the retail giant Amazon, plans to spend £8bn on new data centres in the UK over…
- NAIROBI, Kenya, May 16 – The Green Belt Movement (GBM) has raised concerns with the Kenya Forest Service (KFS) over an alleged ongoing construction of a luxurious hotel in the Ngong Road Forest. This is contained in a letter sent to the KFS Chief Conservator Alex Lemarkoko. “The Green Belt Movement…
- NAIROBI, Kenya, May 15 – Listed agribusiness firm Kakuzi Plc plans to introduce a fourth commercial crop and expand its agricultural technology use over the next decade in a bid to boost shareholder value. Speaking at the company’s 97th Annual General Meeting, Kakuzi Managing Director Chris Flowers…
- MAY 16 – One of the world’s biggest cryptocurrency firms, Coinbase, says a recent cyber attack will cost it up to $400m (£301m). The firm said it was contacted by hackers who claimed to have gained access to customer information, obtained by making payments to Coinbase contractors and employees. In…
- MAY 15 – US President Donald Trump has said that India has offered to drop all tariffs on goods imported from his country. The Indian government has “offered us a deal where basically they are willing to literally charge us no tariff”, Trump said at an event in Doha. India and the US are currently…
- NAIROBI, Kenya, May 15 – Cartels and market concentration are driving up the cost of essential goods like fertilizer and cooking oil in Kenya, according to a new report by the COMESA Competition Commission. The report, part of a wider investigation across East and Southern Africa, says Kenyan agro-…
- MAY 15 – Last week the International Monetary Fund (IMF) approved a $1bn (£756m) bailout to Pakistan – a move that drew sharp disapproval from India as military hostilities between the nuclear-armed neighbours flared, before a US-led ceasefire was unexpectedly declared. Despite India’s protests,…
- NAIROBI, Kenya, May 15 – Electric mobility firm Roam has been named Kenya’s fastest-growing company and ranked 35th in Africa on the 2025 Financial Times-Statista list of Africa’s Fastest Growing Companies. Roam, headquartered in Nairobi, posted an 86.4 percent compound annual growth rate (CAGR)…
- NAIROBI, Kenya, May 15 – The world will need nearly 30 million new project professionals by 2035 to meet rising global demand, according to the latest Global Project Management Talent Gap Report by the Project Management Institute (PMI). The report warns that without a robust pipeline of skilled…
- MAY 15 – UK-based carmaker Jaguar Land Rover has said it does not intend to produce vehicles in the US, as President Donald Trump’s tariffs impact the motor industry. “Following articles based on comments made by the JLR CEO in the full year earnings media call, we can confirm we have no plans to…
- NAIROBI, Kenya, May 15 – The Ministry of Cooperatives and MSME Development has submitted a forensic audit report to Parliament, uncovering widespread financial mismanagement at the Kenya Union of Savings and Credit Co-operatives (KUSCCO) involving billions in irregular loans and undisclosed…
- NAIROBI, Kenya, May 15 – Schneider Electric has been awarded the prestigious Gender Leader Award at the 2025 Africa CEO Forum, held in Abidjan, Ivory Coast, in recognition of its ongoing commitment to gender diversity and inclusion across its African operations. The global energy management and…
- NAIROBI, May 15 (Xinhua) — The Standard Gauge Railway (SGR) in Kenya recorded a 40 percent rise in cargo hauled in the first quarter of 2025 as demand for the service grew, the Kenya Railways Corporation (KRC) said in a report released on Wednesday. The SGR transported 1.82 million tonnes of cargo…
- DOHA, May 16(Xinhua) — U.S. President Donald Trump on Wednesday announced what he described as a “record” order of 160 aircraft from Boeing by Qatar Airways, a deal at more than 200 billion U.S. dollars. The announcement came as Trump signed a series of bilateral agreements in Doha alongside Qatari…
- MAY 15 – There’s a vast empty space in the middle of the factory floor in Foshan in southern China where workers should be welding high-end air fryers for the US market. Derek Wang says his American customers were wowed by his air fryer models – which are controlled via smartphones and can also…
- COTONOU, Benin, May 14 – The Kenyan government is stepping up efforts to revive the cotton, textile, and apparel industry as part of its broader push to grow manufacturing and create jobs under the Bottom-Up Economic Transformation Agenda. Speaking during an official visit to Benin, Principal…
- By Phyllis Migwi MAY 14 – Kenya is rapidly emerging as a digital powerhouse in Africa, with internet and mobile phone usage consistently on the rise. By 2028, the country’s digital economy is expected to contribute KSh 662 billion to the GDP. Yet, this impressive growth brings with it significant…
- MAY 14 – Luxury fashion firm Burberry has said it could cut some 1,700 jobs as part of plans to reduce costs by 2027. The British designer brand – famed for its distinctive camel, red and black check pattern – announced the proposed savings on Wednesday as it reported a £66m loss in the last […]
- NAIROBI, Kenya, May 13 – Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has clarified that no state-owned sugar factory has been sold, affirming instead that the government opted for a leasing model approved by Parliament. Appearing before the National Assembly’s Departmental…
- NAIROBI, Kenya, May 14 – The Nairobi County Assembly’s Health Committee has ordered the immediate closure of all Naivas and Carrefour supermarket outlets in the city, following allegations of selling expired food products and employing untested food handlers. Speaking on Wednesday, Health Committee…
- ABIDJAN, May 14 (Xinhua) — An agreement was signed on Tuesday between stock exchange Bourse Regionale des Valeurs Mobilieres (BRVM) and investment platform Africa50 to facilitate infrastructure financing in West Africa. The partnership, which leverages capital markets, will launch project bonds…
- NAIROBI, Kenya, May 14 – Kenya has emerged as the top destination for high-net-worth individuals (HNWIs) purchasing homes, according to the 19th Edition of The Wealth Report by Knight Frank. A 66 percent of wealthy investors selected Kenya as their first choice for home ownership, outpacing…
