Insurance Brokers Association elect John Lagat as chair

Saturday, April 18, 2026

Home Authors Posts by Staff Writer

1681 POSTS 0 COMMENTS

News

Insurance Brokers Association elect John Lagat as chair

Staff Writer - April 2, 2025

News

Local startups raise Kes 12 Bn in Q12025

Staff Writer - April 2, 2025

News

Craft Silicon’s BNPL hits Kes200mn in transactions

Staff Writer - April 2, 2025

News

Kenya’s Energy Regulator Releases Annual Energy and Petroleum Statistics Report for...

Staff Writer - April 2, 2025

News

Kenya’s Energy Regulator Releases The Energy and Petroleum Statistics Report for...

Staff Writer - April 2, 2025

News

CIC reports Kes 3.9 Bn profits before tax

Staff Writer - April 2, 2025

News

Kakuzi is training its avocado export sights on the US market

Staff Writer - April 2, 2025

News

Equity Group Reports Kes 60.7 Billion in Profits Before Tax

Staff Writer - March 27, 2025

News

I&M Group Records Kes 20.8 Bn Profits Before Tax

Staff Writer - March 27, 2025

The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS Energy Kenya, marking a significant milestone in the enhancement of Kenya's oil and gas sector. This collaboration follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset Disposal Act, 2015 (PPADA). During the signing of the agreement, Hon. Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, expressed enthusiasm about the partnership, stating, "This collaboration marks a transformative step in strengthening the National Oil Corporation of Kenya, enhancing its capacity and creating long-term value for the citizens of this great republic. With this renewed profitability, the Corporation will be well-positioned to generate returns and, in the future, begin paying dividends to its shareholder." Leparan Ole Morintat, CEO & Managing Director of NOC, highlighted the industry's challenges, noting, " “This sector is highly complex and capital-intensive, requiring substantial investment and operational flexibility to stay competitive. Given the significant demand for government resources, securing shareholder capital injection was not feasible. As a result, NOC sought a non-equity strategic partner to provide the financial support and technical expertise needed to revitalize the company and restore profitability. This process, initiated in 2019, has now culminated in the selection of RUBiS Energy Kenya as our non-equity strategic partner.” The partnership is a key component of NOC’s broader turnaround strategy, which aims to scale up its downstream operations and strengthen its position in the petroleum products trading and marketing space. NOC’s turnaround plan is designed to ensure security of petroleum supply, stabilize fuel prices, and reduce the cost of living and doing business in Kenya. The partnership will also aid in clearing legacy debts and improving financial sustainability. As a non-equity strategic partner, RUBiS Energy Kenya will provide financial support, working capital financing, market development initiatives, and capital expenditure (CAPEX) financing for rebranding, rehabilitation, and expansion of NOC’s retail network. The partnership also encompasses training, capacity building, skills transfer for NOC staff, the deployment of a new Enterprise Resource Planning (ERP) system to improve business processes and customer experience, and collaboration in the fuel card business to enhance customer engagement and service delivery. Olivier Sabrié, CEO of RUBiS Energie East Africa and Managing Director of RUBiS Energy Kenya, emphasized the importance of strategic partnerships, stating, “In today’s dynamic market environment, collaborations are key to driving growth and success. By leveraging diverse expertise, resources, and networks, we can create a competitive edge and generate value for all stakeholders involved. RUBiS Energy Kenya is committed to supporting the Corporation through working capital financing, management and branding support, and transferring critical capabilities and skills to the National Oil team.”

News

NATIONAL OIL CORPORATION ANNOUNCES RUBIS ENERGY KENYA AS THE NON-EQUITY STRATEGIC...

Staff Writer - March 26, 2025

1...252627...169 Page 26 of 169

MOST POPULAR

Dr. James Mwangi, Equity Group Holdings Managing Director and CEO with Lord Jonathan Marland, Chair of the Commonwealth Enterprise and Investment Council (right) and Lord Hugo Swire, Deputy Chair of the Commonwealth Enterprise and Investment Council (left). Dr. Mwangi was conferred the Freedom of the City of London, a prestigious honor recognizing his exceptional work in promoting inclusivity and creating equitable communities. The award dates back to the 12th century and has been conferred upon only a select couple of hundred individuals like Nelson Mandela, Dwight D. Eisenhower, Benjamin Franklin, Winston Churchill, Margaret Thatcher, Lee Kuan Yew and Archbishop Desmond Tutu.

DR. JAMES MWANGI RECEIVES HONOUR OF THE FREEDOM OF THE CITY...

April 16, 2025

Clickatell, a Global Leader in Chat Commerce, Secures $91 Million in...

February 23, 2022

Life after Coal and Greenpeace Africa slam Inclusion of New Coal...

August 29, 2018

BrighterMonday launches drive to empower jobseekers to secure employment

September 3, 2021

HOT NEWS

Gadgets

EQUITY BANK FUNDS 2,000 WINGS TO FLY SCHOLARSHIPS FOR THE 2022/2023...

Gadgets

Eldoret residents benefit from a free medical camp courtesy of Safaricom...

Gadgets

Partnerships, special economic zones, new CSR essential for Africa’s economic diversification

Main Story

KCB Bank Profits Up

EDITOR PICKS

Canon Europe (www.Canon-Europe.com), in partnership with Visa pour l’Image, announces two grants to support long-term documentary projects both in the photography and filmmaking space. Championing the very best in storytelling, the 26th Canon Female Photojournalist Grant celebrates an outstanding photographer in recognition of her contribution to photojournalism, whilst the 7th Canon Video Grant acknowledges those wanting to magnify a social, cultural or economic issue in documentary form. The grants are open to individuals worldwide. Canon Female Photojournalist Grant For the 26th year in a row, Canon and Visa pour l’Image will award an €8,000 grant to a female photojournalist pursuing a long-term documentary project. The grant is designed to either support the completion of an existing project or facilitate the making of a new one. Entries will be judged by a jury of renowned industry experts. In 2025, French photojournalist Marion Péhée was awarded for her long-term project documenting young adults in Ukraine. Former grantees (https://apo-opa.co/41JgwcU) include Anastasia Taylor-Lind, Natalya Saprunova and Acacia Johnson. Canon Video Grant Alongside this, Canon together with Visa pour l’Image are seeking documentary filmmakers for the 7th Canon Video Grant. In 2025, Shiho Fukada, photojournalist and filmmaker, was awarded for her project ‘Echoes of Little Tokyo’, focusing on a fifth-generation funeral home serving Los Angeles' Japanese-American community. The grant winner will receive €8,000, along with a loan of video kit including a Canon video camera and two lenses to make a short documentary of approximately eight minutes in length. Both grants form part of a long-standing partnership between Visa pour l’Image and Canon, celebrating its 37th anniversary this year. The winning projects of 2025 (Marion Péhée and Shiho Fukada's projects) will be presented at this year’s Visa pour l’Image festival in Perpignan, France. How to apply Canon Female Photojournalist Grant: Application window: 18 March – 19 May 2026 Granted to professional photojournalists actively working in the field Worldwide submissions accepted Entry is free Apply here: https://apo-opa.co/4tfKRf4 Canon Video Grant: Application window: 25 March – 27 May 2026 Granted to professional documentary filmmakers actively working in the field Worldwide submissions accepted Entry is free Apply here: https://VisaPourlImage.com

Canon’s Female Photojournalist Grant and Video Grant Now Accepting Applications

April 18, 2026

Sending money to Canada has been harder than it should be. Wire queues, unpredictable fees, days of uncertainty, whether you’re supporting family in Ontario, paying a Canadian contractor, or settling a business invoice. Starting today, Grey (https://Grey.co) users can send Canadian Dollars directly to any Canadian bank account, arriving in minutes via Interac for $3.00, or the next business day via bank transfer for $2.50. No percentage fee. No wire delays. Canada is home to one of the world’s most diverse diaspora populations, with communities from Nigeria, India, the Philippines, and other emerging markets deeply connected to their homes. The corridor has been dominated by legacy services that charge $15-30 on a typical $500 transfer and settle in days. Grey's flat fee and Interac delivery address both problems at once. The Interac integration matters more than the price. Interac is the payment rail built into the daily financial life of virtually every Canadian bank account holder, the same network used for everyday domestic payments. When Grey settles through Interac, the transfer doesn’t enter a wire queue. It moves the way domestic payments do: fast, confirmed, and predictable. Recipients don’t need a new app or account. The money arrives at the bank, where they already have an account. "Canada kept coming up. From Lagos to Mumbai to Manila, our users had someone in Canada they needed to pay, but no good way to do so. Expensive wires, slow settlement, no certainty. We fixed that,” said Idorenyin Obong, CEO and co-founder of Grey. The service supports all Canadian banks for both personal and business accounts and joins Grey's local-currency transfer network across 170+ destinations. Users can send from USD, EUR, GBP, or NGN balances, with individual transaction limits of $10,000 CAD and business limits of up to $100,000 CAD via bank transfer. Grey holds a Money Service Business license from FINTRAC in Canada and FinCEN in the USA.

Grey Connects the Africa-Canada Money Corridor With Instant Transfers via Interac

April 17, 2026

Liquid C2, a business of Cassava Technologies, a global technology leader, has launched Africa’s first Partner Experience Centre powered by Google Cloud in Johannesburg, South Africa. The state-of-the-art facility is designed to empower partners and resellers to move beyond traditional distribution, providing the immersive, hands-on environment needed to architect and deploy cloud and AI solutions tailored specifically to African market needs. Through the Centre, partners will be onboarded to a structured journey that guides them in securing official Google Cloud accreditation and certification. Beyond technical training provided by both Liquid C2 and Google, the centre will also serve as a collaborative hub, allowing them to work alongside specialist engineers to architect bespoke solutions. Once finalised, these solutions will be brought to market through Liquid’s robust distribution network. This expansion not only opens new commercial avenues for partners but also acts as a catalyst for high-value job creation and the rapid maturation of Africa’s technology ecosystem. The Partner Experience Centre provides the partner and reseller ecosystem in Africa with direct access to enterprise-grade technologies such as Gemini Enterprise, and the "Gemini Playspace" for rapid AI experimentation. It also provides specialist expertise to prototype, test, and scale digital solutions in real-world environments. The centre is a testament to Liquid C2’s commitment to strengthening its role within the partner ecosystem in Africa, as it supports partners in overcoming infrastructure constraints, skills gaps, and complexity barriers that often slow digital transformation efforts across the continent. As demand for advanced digital capabilities grows, the Partner Experience Centre serves as an innovation hub where enterprises, startups, academic institutions, developers, and public-sector stakeholders can co-create locally-relevant solutions, fostering a sense of shared progress and community across Africa. The facility also provides industry-specific platforms tailored to sectors including financial services, healthcare, and retail. These platforms demonstrate how AI-enabled solutions can reduce operational risk, improve efficiency, enhance customer engagement, and unlock new growth opportunities across African markets. “At Cassava Technologies, we believe the future of Africa’s digital transformation will be shaped through strong ecosystems that combine global innovation with local infrastructure and expertise,” said Ziaad Suleman, Senior Vice President, Cassava Technologies and CEO, South Africa & Botswana. “The Partner Experience Centre powered by Google Cloud creates a practical environment where organisations can explore, test, and scale solutions that deliver real business value. By combining our infrastructure, expertise, and continental reach with Google Cloud’s advanced technologies, we are helping to democratise access to AI and cloud capabilities for enterprises across Africa.” “This is a pivotal moment in our commitment to Africa’s digital future,” said Tara Brady, President, Google Cloud EMEA. “The Partner Experience Centre is a testament to our belief in the power of a strong partner ecosystem. By combining our advanced AI capabilities, including our Gemini models, with Liquid C2’s localised expertise, we are not just building a facility; we are building a hub for innovation that will empower businesses, create jobs, and deliver the benefits of digital transformation to every corner of the continent.” The collaboration will focus on three core pillars of transformation: Accelerated Partner Enablement: The centre acts as a dedicated Proof-of-Concept (PoC) hub designed to dismantle historical market barriers. It provides localised training, hands-on technology interaction, and business support, leveraging Liquid’s capabilities to offer local currency billing and credit to manage financial complexity for resellers. AI and Technology Innovation: A primary focus is empowering partners to build and deploy advanced AI solutions. The facility features a dedicated "Gemini Playspace & AI Solutions" to certify technical staff, alongside integrated "Solutions Pods" where partners can demonstrate complete technology stacks to win complex enterprise bids. Economic Growth and Job Creation: The partnership is a direct investment in Africa’s tech workforce. By strategically broadening the partner network, the initiative will foster deep, localised expertise and act as a catalyst for new economic opportunities, creating a significant ripple effect of job creation for certified engineers and other tech professionals across the continent. As a business of Cassava Technologies, Liquid C2 has always been at the forefront of bringing cutting-edge digital technologies to African businesses, both directly and through its partner ecosystem. This first-of-its-kind Partner Experience Centre is yet another milestone that reflects the company’s commitment to partnerships that leverage its continental footprint to serve a broader base of organisations. Aligned with this, Cassava continues to expand digital inclusion across Africa through its integrated portfolio of connectivity, cloud, cyber security, and digital solutions, ensuring that a broad spectrum of organisations, regardless of size or sector, can access and benefit from advanced technologies, thereby enabling more inclusive participation in Africa’s digital economy.

Liquid C2 launches Africa’s first Google Cloud-powered Experience Centre to accelerate...

April 16, 2026

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

March 23, 2018

EABL signs lease deal for office space in upcoming Garden City...

March 14, 2018

Facebook Introduces Messenger Rooms and More ways to connect

April 27, 2020

Staff Writer

Insurance Brokers Association elect John Lagat as chair

Local startups raise Kes 12 Bn in Q12025

Craft Silicon’s BNPL hits Kes200mn in transactions

Kenya’s Energy Regulator Releases Annual Energy and Petroleum Statistics Report for...

Kenya’s Energy Regulator Releases The Energy and Petroleum Statistics Report for...

CIC reports Kes 3.9 Bn profits before tax

Kakuzi is training its avocado export sights on the US market

Equity Group Reports Kes 60.7 Billion in Profits Before Tax

I&M Group Records Kes 20.8 Bn Profits Before Tax

NATIONAL OIL CORPORATION ANNOUNCES RUBIS ENERGY KENYA AS THE NON-EQUITY STRATEGIC...

MOST POPULAR

DR. JAMES MWANGI RECEIVES HONOUR OF THE FREEDOM OF THE CITY...

Clickatell, a Global Leader in Chat Commerce, Secures $91 Million in...

Life after Coal and Greenpeace Africa slam Inclusion of New Coal...

BrighterMonday launches drive to empower jobseekers to secure employment

HOT NEWS

EQUITY BANK FUNDS 2,000 WINGS TO FLY SCHOLARSHIPS FOR THE 2022/2023...

Eldoret residents benefit from a free medical camp courtesy of Safaricom...

Partnerships, special economic zones, new CSR essential for Africa’s economic diversification

KCB Bank Profits Up

EDITOR PICKS

Canon’s Female Photojournalist Grant and Video Grant Now Accepting Applications

Grey Connects the Africa-Canada Money Corridor With Instant Transfers via Interac

Liquid C2 launches Africa’s first Google Cloud-powered Experience Centre to accelerate...

POPULAR POSTS

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

EABL signs lease deal for office space in upcoming Garden City...

Facebook Introduces Messenger Rooms and More ways to connect

POPULAR CATEGORY