The latest survey data signaled a slight deterioration in Kenyan private sector conditions in September. The Stanbic Bank Keny PMI® dipped below the neutral mark, after recording a slight recovery …
Latest in Investment
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Superior Homes Kenya has officially opened the first roadside truck stopover complex along the Northern Corridor at Sultan Hamud along the Nairobi-Mombasa highway. Dubbed Supastop, the state-of-the-art complex which is …
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Absa Bank Kenya has renewed its commitment to the evolving needs of modern-day customers while reaffirming its focus on the affluent segment with an expanded, differentiated offering. The reorganized affluent …
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Air France-KLM and Amadeus, the developers of software for the travel and tourism industry, have today announced the availability of the airline group’s New Distribution Capability (NDC) content on the …
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UniWorld Group Africa (UWG Africa) and Kasi Insights today announced a new partnership to launch the Gen Z Growth Playbook: Unlocking the Power of Z to Drive Sustainable Growth in Kenya. This …
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Standard Bank Group, Africa’s largest bank by assets, has been recognized as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed …
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The Association of Special Economic Zones (ASEZ) has been officially launched, with a strong mandate to drive the future of Special Economic Zones (SEZs) in Kenya and attract both local …
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Canon Central and North Africa, a global leader in imaging solutions, proudly commemorated the 10th anniversary of its Miraisha program, celebrating a decade of transformative impact and achievements across Africa. …
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Absa Bank Kenya CEO Mr. Abdi Mohamed has been recognized for excellence in brand building and leadership by the prestigious 2024 Africa Brand Leadership Awards. Absa tapped Mr. Mohamed to …
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Agilitee, Africa’s pioneer of electric vehicles announced today that the company has secured a $450 million equity funding program led by Infinite Power Systems, a US-based Private Equity investor. The …
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Brand Africa has announced CFAO as one of the most admired brands in Africa. According to the study revealed that while 56% of Kenyans believe in Africa, only 26% of …
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Absa Bank Kenya is enhancing its Corporate and Investment Banking offering in the market, aiming to provide more personalized solutions, strategic insights, and proactive support to its clients. The Bank …
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Investment
Lake Turkana Wind Power To Focus More On Communities In Their Latest Sustainability Report
Lake Turkana Wind Power (LTWP), Africa’s largest wind power project, proudly announces the launch of its 2023 Sustainability Report. This event, held at the LTWP project site in Loiyangalani, Marsabit …
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The Core Fashion Kenya and FedEx, have collaborated for the Monthly Fashion Roundtable Talks in Nairobi to engage Kenyan Fashion brands shipping their products across the continent and worldwide. The …
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Real estate developer, Mi Vida, has officially launched the sale of its highly anticipated KEZA Laika units offering 1,2 and 3 – bedroom apartments, promising to bring a transformative touch …
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Sidian Bank plays a significant role in supporting the growth and success of small and medium-sized enterprises throughout Kenya. MSMEs encompass a wide range of businesses from family-owned shops to …
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Safaricom Investment Co-operative has received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development to adopt a new name, logo and colors for the society. This approval …
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Glovo, a leading multi-category app, recently hosted its first Partners Day event in Mombasa, aimed at empowering local business partners through training and development. The event, conducted in collaboration with …
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Standard Chartered has released its Global Market Outlook for the second half (H2) of 2024, providing its investment strategy and key themes for navigating global markets. The report, compiled by …
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Kenyan lenders are rediscovering new pockets of growth in banking away from the cities to populous towns and urban centers with Absa Bank being the latest entrant. According to the …
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HassConsult today unveiled the Hass Land price indices for the second quarter of 2024, with prices in Nairobi going up by 1.8 percent as demand for land for commercial development …
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Air France-KLM and SAS have signed codeshare and interline agreements opening up access to 33 European destinations for Air France, KLM, and SAS customers. The agreements also expand the loyalty …
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Faulu Microfinance Bank has launched its highly anticipated Money Market Fund (MMF), which gives its customers access to flexible and profitable investment opportunities. The Fund is a collective investment scheme …
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Insurance brokerage firm Zamara Risk and Insurance Brokers Limited has been voted the Best Insurance Brokerage firm in Kenya at the 14th Think Business Insurance Awards, 2024, held on 15th July …
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BNI (Business Networking International) East Africa is set to host its annual East African Convention this coming August in Naivasha. Scheduled for Friday, 16th August, at the beautiful Enashipai Resort, …
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Integrated financial services provider, Britam, has launched its inaugural 2023 Sustainability Report highlighting its work in environmental stewardship, financial inclusion, empowerment of communities, and ethical business practices. The report covers …
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IHS Kenya, a Southern African Private Equity fund manager, has launched a green affordable housing development located within the Tilisi Masterplan Development, Limuru. The affordable housing project, dubbed “Muzi Salama”, …
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Investment
Mastercard, Wowzi, And MDP Unite Invest $2.04 Million Into Financial Management For Content Creators
Mastercard has announced a groundbreaking $2.04 million investment in partnership with Wowzi, Africa’s premier influencer marketing platform, and Masria Digital Payments (MDP). This collaboration aims to transform the financial management …
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Menzies Aviation and Siginon Aviation, strategic partners that provide cargo handling services in Kenya, have been awarded the International Air Transport Association (IATA) CEIV Pharma accreditation for their recently expanded …
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Stanbic Bank and MiDA Advisors will be partnering with Acorn Holdings, an established real estate developer, to mobilize $700 million in long-term blended finance commitments for green, affordable student housing …
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Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the evolving landscape of corporate philanthropy. This is the philosophy behind …
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Paint manufacturer Crown Paints over the weekend held a town hall meeting with Somali property developers in Eastleigh in a strategic move to tap into their market. The Somali property …
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To mark the 25th anniversary of its foundation, Schneider Electric, the leader in the digital transformation of energy management and automation, is launching a global campaign in celebration of both …
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BuyRentKenya, the trusted real estate company connecting individuals with properties, enthusiastically participated in the 11th annual East Africa Property Investment (EAPI) Summit held at the Radisson Blu in Upper Hill, …
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Building on the resounding success of its flagship event Unstoppable Africa in 2022 and 2023, the Global Africa Business Initiative (GABI) is pleased to announce its plan to convene leaders …
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In your experience, how has the importance of business valuation evolved in the Sub-Saharan African market in recent years? What are the key drivers of this change? The importance of …
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The governments of the United States, Finland, and Canada are funding a sustainable, accessible, and affordable medicinal oxygen manufacturing facility at Tatu City. Hewatele, a medical oxygen producer in Kenya, …
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More than ever before, now is an opportune time to take bold steps required to address and mitigate the causes and effects of climate change around the world. African countries …
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The landmark collaboration between Agilitee, Africa’s trailblazing electric vehicle manufacturer, and We Sync Autos Limited, a leading automotive company in Lagos, Nigeria, signifies a pivotal moment in the continent’s automotive …
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Thirty-six organizations and enterprises in Kenya are set to receive USD 7.5 million in grants, loans, and equity finance from TerraFund for AFR100, a fund for locally-led landscape restoration projects …
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Despite the challenges posed by the climate crisis, Africa holds tremendous potential to become the world’s breadbasket. The opportunities and challenges facing Africa’s food systems are immense. The continent possesses …
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Emirates, the world’s largest international airline, today announced a massive US$950 million investment to build a new ultra-modern engineering facility at Dubai World Central (DWC). Spread over 1 million square …
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There is rain all over Kenya at the moment. Some are calling it El Nino, some are calling it “normal rain”, but from the look of things, it has decided …
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Land prices in Nairobi’s suburbs increased by 0.4 percent in the quarter and by 0.8 percent in the year. Land in the city showed signs of price recovery with only …
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So many massage parlors are mushrooming across Nairobi. Many people are venturing into the business due to its quick returns as compared to others according to those in the business. …
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In a recent speech, Rosemary Muthoni, the Director of Sales at Sopa Lodges, expressed heartfelt gratitude to all trade partners for their unwavering support throughout the year. The occasion marked …
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In a move to address the pressing challenges facing the retirement benefit schemes, trustees have been urged to shift their focus towards the younger generation. Speaking during the opening ceremony …
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The Government of Kenya has temporarily stopped the export of avocados from the country starting this Friday to allow the fruits to mature after allegations that some traders were exporting …
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Kenya, like many emerging economies, has had a fair share of economic ups and downs. Inflation rates have soared, the cost of living has escalated, and the Kenyan shilling is …
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In most cases, buying electronics such as laptops, mobile phones, televisions, washing machines refrigerators, and household items like furniture costs an arm and a leg. With the current economy, it …
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Media, business, government, technology, and community leaders from across Africa, the USA, and beyond will convene in Cape Town, South Africa to participate in the annual Africa Business Media Innovators …
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Tatu City has appointed Laxmanbhai Construction Limited to complete the first phase of infrastructure and public realm works for Tatu Central, the new business and living district at Tatu City. …
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Kenya’s banking sector has been evolving over the years, thanks to the emergence of technology, especially mobile phones that shifted how people bank and transact. Not many years ago, many …
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Old Mutual Kenya has opened its second Integrated Financial Service (IFS) branch in the Central Business District, Kimathi Street, as part of the company’s ongoing commitment to providing customers with …
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Financial services firm, Zamara has called on stakeholders in social security to be more innovative and inclusive to enhance and deepen social security in the region. Zamara Group Chief Executive …
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The Stanbic Bank Kenya PMI slid back into negative territory at the end of the third quarter, as firms saw a sharp contraction in new orders following a brief respite …
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Absa Bank Kenya PLC has announced the re-introduction of a China Desk to offer tailor-made solutions to the growing community of Chinese investors and businesspeople operating in Kenya and the …
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BK Group Plc has launched private banking services for its high-net-worth individuals, setting new standards for the region’s banking industry. The Rwanda Stock Exchange and Nairobi Securities Exchange-listed lender’s private …
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Old Mutual Investment Group has urged trustees to Integrate Environmental, Social, and Governance (ESG) considerations in their investment decision-making processes to foster responsible investing and promote long-term value creation. The …
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Unstoppable Africa 2023 has concluded, leaving a profound mark on the African continent. The two-day Global Africa Business Initiative (GABI) event aims to boost Africa’s standing in the global economy …
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In a growing concern within Kenya’s poultry industry, farmers are facing substantial losses due to the proliferation of illegal hatcheries and breeder farms, resulting in alarming mortality rates among day-old …
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Family Bank has today unveiled an exclusive woman banking proposition dubbed ‘Queen Banking’ and set aside KES 50 billion kitties for the next 2 years to cater to the diverse individual and …
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Kenya Consumer Organization (KCO) is gravely concerned about the alarming conditions prevailing in many slaughterhouses across Kenya. KCO is sounding the alarm on the potential health risks posed by these …
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Technology has changed virtually everything within and without the banking sector, within and without Kenya. Initially, banks all over the world were dominated by brick and mortar. People visited banking …
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OLA Energy Kenya has today officially opened the expanded OLA Energy Buruburu service station which now includes a service center, diverse eateries, a pharmacy, and a convenience store making it …
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Kenyan Counties are set to receive Kshs. 7.387 billion Climate Resilience Investment Grants from the Financing Locally-Led Climate Action (FLLoCA) Program. The disbursement comes after a total of Kshs. 979 …
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Seiko Epson Corporation has established a new sales company, Epson Middle East FZCO [EME], reflecting the tremendous potential to accelerate expansion in key markets including Africa, Caucasus, Central Asia, the …
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As the sun rises on Kenya’s economic landscape, businesses across the country are presented with a golden opportunity to cut costs and contribute to a greener, sustainable future in line …
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Superior Homes Kenya has broken ground for the construction of a Ksh 350 million modern roadside stopover complex at Sultan Hamud town along the Nairobi-Mombasa highway that will provide all-in-one safe …
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Tatu City and the China-Africa Economic and Trade Chamber of Commerce (CAETC), supported by the Changsha County Government, have joined hands to foster a dynamic collaboration aimed at catalyzing investments …
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Transport and logistics firm, Siginon Group has acquired a new food safety system certification (FSSC 22000) for its Siginon Global Logistics Mombasa Tea warehouse after transitioning from the previous ISO …
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Seasoned property developer, Mi Vida Homes has sealed a deal with a renowned institutional off-taker for the bulk acquisition of 200 apartments at its affordable housing project dubbed 237 Garden City. …
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Stanbic has affirmed its commitment to ensuring a just transition for clients and the community through financing solutions that enable climate adaptation and mitigation sustainably and inclusively. This is in …
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The Nairobi Securities Exchange-listed paint firm Crown Paints Kenya today morning partnered with Safaricom Sacco Ltd, in a strategic move as the paint firm seeks more innovative ways of bolstering …
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Smallholder Farmers in the dairy and horticulture value chains in Kenya can now access green financing from Faulu Microfinance Bank. This follows the signing of a partnership between the bank …
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In the last decade, technology has disrupted countless businesses’ models and the speed of these disruptions keeps growing by the day. According to Forbes, technology has grown exponentially over the …
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In a world where uncertainty is a constant companion, protecting your assets and investments has never been more crucial. In pursuing financial stability and security, understanding the intricacies of bonds …
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Kenya Orient Life Assurance Limited has received approval from the Retirement Benefits Authority (RBA) to manage NSSF tier II contributions through the Kenya Orient Individual Pension Plan and Umbrella Pension …
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Paymentology, the leading global issuer-processor, today announces its partnership with Kenyan Technology Company, Boya. Together with Kenyan Tier 1 Bank, Diamond Trust Bank, and Paymentology, which connects Boya to Visa through …
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More than 400,000 Kenyans are living and working in the Gulf Countries, of which 210,000 are in Saudi Arabia according to data released by the Labour Ministry in Kenya. Despite …
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LG Electronics (LG) targets to become a smart life solutions company that connects and expands customers’ diverse experiences by 2030. The move will see the company record an estimated global annual …
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Leading financial services firm, Zamara Group has announced its Zamara Consulting Actuaries Schemes Survey (Z-CASS) report for the second quarter of 2023. The survey, covering 423 schemes and assets under …
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A few months ago, police officers arrested a farmer who had formed a habit of harvesting immature avocados, painting them, and selling them to unsuspecting Kenyans. Currently, stats show that …
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On Friday, both online and mainstream media were awash with news that gold had been discovered “by mistake” in Rongo, Migori County by a contractor. People from within and without …
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Stima Sacco, to bring services closer to the people, has today launched a new branch in Kisii Town, domiciled at the Waumini Plaza. The opening of the office forms part …
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Jambojet has announced the addition of 1 new aircraft to its growing fleet, bringing its total number of aircraft to 8. The aircraft, christened Kozi, will address the surging demand …
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Kenyan businesses suffered a marked fall in demand at the start of the third quarter of the year, the latest PMI data by Stanbic Bank showed, as customers continued to …
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In a move that’s akin to spreading fairy dust across the nation, Stima Sacco has established branches far and wide. They’ve strategically sprinkled these branches like digital confetti, making sure …
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Afreximbank President Benedict Okey Oramah says that Africa “should be a banker’s paradise”, but that it isn’t, “because of two things. The banks that are supposed to exploit this opportunity are not …
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𝑪𝑺 𝒇𝒐𝒓 𝑾𝒂𝒕𝒆𝒓 𝑯𝒐𝒏. 𝑨𝒍𝒊𝒄𝒆 𝑾𝒂𝒉𝒐𝒎𝒆 presided over the grand opening of the Wilo East Africa Assembling plant in Nairobi. The Wilo Group is a 𝙢𝙪𝙡𝙩𝙞𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮 𝙜𝙧𝙤𝙪𝙥 𝙖𝙣𝙙 𝙤𝙣𝙚 …
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Kenya’s largest Sacco in asset base and dividends, Stima Sacco, has been ranked as the best in three major categories in a historic annual show in Kisumu City. Stima Sacco …
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Kenya is set to host the first-ever Business Ecosystems Summit (BES) in Kisumu City on Friday, September 1st, 2023. This is in line with ongoing key government reforms aimed at stimulating business …
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The Bank of Kigali has committed to providing Sh17.9 billion worth of loans to farmers and businesses across the agricultural value chain. A portion of the funding will be provided …
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Stima Sacco, the largest Sacco in the region in terms of asset base and dividends as per the last financial year, is set to embark on the groundbreaking of a …
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Wandile Sihlobo, Chief Economist at the Agricultural Business Chamber of South Africa establishes the importance of the agritech sector and the continent’s role in it, “We have the potential. Now …
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Tatu City Limited, Chandaria Properties, M&T Construction, and Steel Structures have commenced the construction of The Link, Kenya’s first Small and Medium Enterprise (SME) warehousing and logistics park with Special …
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Land prices for Nairobi’s 18 suburbs stagnated as general demand slowed down in these areas, declining by 0.1 percent in the quarter but growing 1.2 percent in the year. The …
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As it warms up in the Northern Hemisphere, Emirates SkyCargo is scaling up its cool chain capacity for perishables, preparing for a busy summer season of weddings and outdoor events. …
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Centum Investment Company Plc’s real estate subsidiary has reported a KES1 billion pre-tax profit in the year ended March 31, 2023, marking a major turnaround for the business that reported …
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Tatu City Water and Sanitation Company (TATUWASCo) has been recognized as the top-performing private utility company in Kenya for the second year in a row by the Water Services Regulatory …