Business Insights Africa Magazine

Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has launched innovative in-person payment solutions in Kenya, as part of its plans to transform payment across Africa. “Launching our point-of-sale solutions is part of our strategy to enter the in-person payments market in Kenya. As a...

The Competition Authority of Kenya (CAK) has approved the acquisition of KK Security Limited by a Canadian entrepreneur and philanthropist Stephan Crétier.CAK okayed the decision, indicating that it will not negatively impact the market competition for private security and facility management services. “The Competition Authority of Kenya has approved the proposed acquisition of sole...

The Mwale Medical and Technology City (MMTC) held its second marathon in Butere Sub-County of Kakamega County on Sunday, advancing its mission to sponsor Social Health Authority (SHA) premiums and co-payments for low-income residents accessing healthcare at Hamptons Hospital. Thousands of athletes and spectators gathered to support this vital cause, underscoring the community’s commitment...

Mr Gerald Nyaoma Arita is the new Deputy Governor of the Central Bank of Kenya (CBK), effective January 2025. CBK Governor Dr Kamau Thugge announced Arita’s designation as he officially assumed office following his appointment by President William Ruto with the approval of the Parliament in November 2024. “CBK welcomes Arita as he...

Safaricom Business has unveiled the 8th installment of its ‘Grow with Safaricom Business’ program, aimed at providing small and medium-sized enterprises (SMEs) with vital access to resources in technology, e-commerce, and knowledge sharing. The two-day expo, which brings together 24 SMEs, offers them a platform to showcase their solutions and amplify their presence in the...

Smallholder Hass Avocado farmers affiliated with listed agri-business firm Kakuzi PLC are set to enjoy a bonus of more than Ksh10 million from their produce exports this year. Speaking when he confirmed the smallholders and out-growers bonus payout for 2024, Kakuzi PLC Managing Director, Mr Chris Flowers, said notwithstanding operating challenges, returns allowed for bonus payment.

The Kenya Bankers Association (KBA) has announced the appointment of Raimond Molenje as its new Chief Executive Officer, effective 1st December 2024. Mr Molenje has been serving in as Acting capacity since March 2024. With over 19 years of experience in legal and regulatory practice, human resources leadership, advocacy, and stakeholder engagement, Mr Molenje...

By Vincent Munga The Kenyan government is upbeat on the gains achieved in fostering women in courses that have been perceived to be male dominated. The move manifested at this years Railway Training Institute (RTI) 61st graduation ceremony where approximately 45 percent of the graduates were women, many being supported by...

Jubilee Health Insurance’s CEO, Njeri Jomo, has been crowned CEO of the Year at the prestigious 2024 Company of the Year Awards (COYA), hosted by the Kenya Institute of Management (KIM). The honour celebrates Njeri Jomo’s exceptional leadership in driving strategic growth, inspiring teamwork, and fostering innovation, collaboration, and sustainability at Jubilee Health Insurance.

Co-operative Bank of Kenya, in partnership with Visa, has launched a Debit Card, a Credit Card and a Pre-paid business card designed to transform how medium and small business enterprises, cooperative societies and corporate institutions in Kenya manage their expenses, empower employees and optimise financial control. The cards, which can be used both locally and...

As we conclude 2024, TikTok (www.TikTok.com) stands as a transformative platform for creators, reshaping the cultural, social, and economic landscapes of Africa. This year, TikTok wasn’t just a platform for trends and challenges—it became a powerhouse for cultural celebration, community building, and entrepreneurial success. From amplifying underrepresented voices to inspiring social change, TikTok empowered creators across Africa...