- TPS Eastern Africa Plc has reduced its net losses by more than half to KSh 632.9 Million at the end of 31st December 2021, compared to a net loss of KSh 1.2
- The Capital Markets Authority (CMA) has issued licenses to African Alliance Kenya Asset Managers Limited, CPF Financial Services Limited and Kuza Asset
- Although this research commissioned by Actis estimates only an average of 3,000 new middle income housing units will be supplied annualy in the next 4 years, the forecasted supply is largely concentrated within areas such as Kilimani, Westlands, Lavington, Parklands, and Kileleshwa. This, in the…
- Sasini Plc has more than tripled its net profit in the half-year ended March, to Sh421.3 million in the review period compared to Sh122.2 million the year
- Ghana’s inflation rate climbed to the highest level in more than 18 years in April, jumping to 23.6% from a previous 19.4% in March. This is the highest rate
- The Japanese government has extended a new KSh310 million funding to support forest restoration in Kenya, giving a major boost to the country’s efforts to
- Safaricom has posted a 1.7 per cent drop in net profit to Sh67.49 billion in the financial year ended March 2022, the second decline in a row from the 6.8 per
- Ethio Telecom, the state-owned telecom service provider in Ethiopia, on Monday launched a 5G mobile phone service making Ethiopia among the leading few
- Terry Angelos, Visa’s global head of fintech and crypto, is set to take over as chief executive officer of start-up DriveWealth next week as reported by CNBC.
- The improved relationship between Kenya and Tanzania seems to be bearing fruits with bilateral trade between the two countries doubling in just ten months,
- Kenya's export of duty-free goods to the United States under the African Growth and Opportunity Act (Agoa) rose by 20% in 2021, crossing the KSh50 billion
- On the sidelines of the Africa Tech Summit in Nairobi, our team in partnership with BitKE interviewed Hetal Patel - Head of Venture Growth for Mercy Corps
- In 2020, the Celo Foundation in partnership with Upright launched an 8-week virtual acceleration and mentorship program dubbed Celo Camp. This week, the two
- African airlines have joined forces to negotiate better prices and a steady flow of jet fuel, in a bid to help stave off a potential crisis caused by supply
- The dollar shortage in the country has started affecting the operations of oil marketers who ship in refined petroleum products — the country’s single largest
- Mobile subscriptions in Kenya increased by 6.0 per cent to 65.1 million in 2021, however, at a slower rate compared to the 12.6 per cent growth registered in
- East African countries (EAC) are set to suffer more importation delays following new Covid-19 cases in China and the Russian invasion of Ukraine increased
- Bitcoin (BTC) fell below $30,000 on Tuesday as both traditional financial markets and cryptocurrencies suffered from a sell-off caused by the U.S. Federal
- The Kenya Pipeline Company (KPC) has begun upgrading the facilities owned by Kenya Petroleum Refineries Limited (KPRL), seeking to boost its storage capacity.
- NEAR Foundation, the Swiss non-profit that oversees the governance and development of the NEAR protocol, has launched a regional hub in Kenya dedicated to
- Germany's Deutsche Lufthansa has announced plans to buy Boeing passenger and cargo planes, with a total list price of nearly $6 billion, citing a drive to
- Domestic carrier East African Safari Air Express has launched direct flights to Lodwar from Wilson Airport in Nairobi, increasing competition on a route
- Family Bank owners have approved a KSh 1.1 billion, or KSh 0.83 per Share, dividend pay-out at the its 15th shareholders Annual General Meeting(AGM).
- In Kenya, 68 per cent of the total population is under the age of 35. This group is entering the workforce at unprecedented speed and scale, but the formal
- Liquid Intelligent Technologies, one of the largest Pan-African technology groups, has announced that it will acquire Telrad, an Israeli-based technology
- Nairobi-headquartered blockchain community Sankore has announced the launch of its second edition of pitch competition targeting startups building solutions
- The NSE recorded an increase in daily equity turnover to KSh 909 Million compared to KSh 858 Million on Friday last week with 26.8 Million changing hands
- The Capital Markets Authority (CMA) has issued a license to the Embu Coffee Farmers Marketing Agency to operate as a coffee broker at the Nairobi Coffee
- Kenya's Capital Markets Authority (CMA) has approved TransCentury Plc to undertake a rights issue on the basis of five (5) new ordinary shares for every one
- The Republic of Congo plans to issue Eurobonds linked to oil warrants to refinance its outstanding debts to commodity traders Glencore Plc and Trafigura
- April’s data captures the impact of Covid restrictions on China's trade and manufacturing hub Shanghai -- home to the world’s largest port -- where most of