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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...
Mary-Ann Musangi, Managing Director of HACO Industries, emerged the overall winner of the Woman Industrialist of the Year at the Women in Manufacturing (WIM) Awards 2025 held at the Nairobi Serena Hotel.
This accolade, presented by the Kenya Association of Manufacturers (KAM), celebrates trailblazing women who have demonstrated outstanding contributions to industrial growth, sustainability,...
Speaking during the branch opening, Cromwell Kedemi, the Head of Personal Banking at I&M Bank, said they are focused on empowering small-scale traders in the region to help them grow their businesses, boost the local economy, and improve their livelihoods.
“One of the key initiatives we have introduced is an MSME clinic, where we...
The rebrand aligns with the company’s ambition to be a premier security provider in Kenya, a market with over 2,500 registered private security firms and a guard force exceeding 800,000 personnel.
“Our brand evolution reflects our commitment to blending local expertise with global strength. We are investing in training and technology to deliver comprehensive...
The Association of Insurance Brokers of Kenya (AIBK) has ushered in a new era of leadership, electing seasoned industry veteran John Kipkorir Lagat as its Chairman during the 59th Annual General Meeting held on March 28, 2025, at the Nairobi Serena Hotel.
Lagat's appointment comes at a crucial time for the Kenyan insurance sector,...
Latest statistics from Africa: The Big Deal, an American online newsletter that publishes funding startups on the continent, also shows that Egyptian startups raised Sh7.9 billion.
“Togo completed the top five, thanks to Gozem’s $30m Series B funding round. Almost half of the funding (46%) was raised by fintech start-ups ($53m for LemFi, $38m for Naked etc.), followed...
Craft Silicon’s Spotit, a Buy Now and Pay Later (BNPL) product, has hit over Sh200 million in transactions across multiple merchant partners, a year after launch, signifying consumers appetite for fintech solutions that offer flexible repayment opportunities on products and services.
Spotit initially went live with Little Sacco. However, its market impact began in...
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Kenya’s Energy Regulator Releases Annual Energy and Petroleum Statistics Report for 2024/2025
Staff Writer -
Highlights
On 13th December 2024, energy exchange with Tanzania commenced, marking an important milestone in enhancing regional interconnectivity within the East African Community (EAC).
Electricity generation increased by 6.13% compared to the previous financial year, with peak demand reaching 2,288.35 MW, up from the 2,170.56 MW recorded in the...
CIC Insurance Group Plc is pleased to report a Profit Before Tax of Kshs 3.99 billion for the year ended December 2024, compared to Kshs 2.54 billion recorded in 2023, representing a 57% growth. This strong performance was largely attributed to growth in insurance revenue and strong investment returns, which grew by 201â, from Kshs 2.9 billion...
Listed superfoods producer Kakuzi Plc (NSE: KUKZ) has reiterated the need to reduce the national dependency on European markets for agribusiness trade by exploring avocado exports to the United States of America.
Speaking when he addressed delegates at the Perishable Logistics Africa 2025 conference at a Nairobi hotel, Kakuzi PLC Managing Director Mr Chris Flowers underscored the need...