African steel demand is expected to hit 3M tonnes per year by 2050

Persuading China’s Iron and Steel Association to do their business in Africa neatly blends environmental concerns with the government’s geopolitical motives to push investment in Africa In 2015, The economist published “It’s a STEEL!” analyzing...

Chapa Dimba Na Safaricom National Finals To Be Held In Kakamega

Kakamega’s Bukhungu stadium will play host to the finals of the Chapa Dimba Na Safaricom youth tournament to be held from the 22nd to the 25th of March. The champions from each region will battle...

Sanlam Kenya celebrates mother company for completing Africa’s largest insurance firm acquisition deal

The local Sanlam Group affiliate has welcomed the completion of a US $1billion corporate acquisition of the North Africa headquartered insurance firm, Saham Finances. The acquisition, subject to regulatory approvals announced last week and billed...

Safaricom launches Lipa Na M-PESA Cash Back Promotion

Safaricom (NSE:  SCOM) has today launched a new customer reward campaign dubbed Lipa Na M-PESA Cash Back Promotion. The promotion is part of the company’s strategic intent to bolster the usage of the Lipa Na...

Barclays Bank Launches Loans App

Barclays Bank of Kenya has launched a new mobile loans service dubbed Timiza, increasing the competition in the lucrative micro lending segment. Timiza is entering a crowded field of commercial bank-backed lending apps such as...

MIT and Mastercard Foundation Launch 2018 Zambezi Prize for Innovation in Financial Inclusion

Applications Open to Find Africa’s Most Innovative Start-ups Meeting the Greatest Financial Inclusion Challenges   The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), in collaboration with the Mastercard Foundation, today announced...

African businesses should embrace cross-border e-commerce, says DHL

Cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2022 Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online...

International Monetary Fund Executive Board Approves 6-Month Extension of the Stand-By Arrangement with Kenya

  The reviews are expected to be completed by September 2018 WASHINGTON D.C., United States of America, March 15, 2018/ -- On March 12, 2018, the Executive Board of the International Monetary Fund approved Kenyan authorities’...

OGILVY AFRICA CONTINUES TO SHINE WITH IMPRESSIVE WIN AT THE 2018 DUBAI LYNX FESTIVAL

 Ogilvy Africa, Africa’s premier integrated communications agency continues to deliver exemplary work, as showcased at the Dubai Lynx International Festival of Creativity 2018. After scooping more than 80 awards in various ceremonies in 2017, the...

Nairobi Hosts One of Africa’s Largest Annual Entrepreneur – Investor Summit

Over 1,000 delegates convened in Nairobi for the 2-Day Sankalp Africa Summit aimed at forging alliances for a sustainable and inclusive Africa 2030  The recently concluded 5th Edition of the SANKALP Africa Summit positively engaged...