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KCB Bank has signed agreements with 29 public and private universities to provide tailored financing and digital solutions aimed at supporting infrastructure development, operations, and financial access for staff, students, and suppliers. Click here to connect with us on WhatsApp The initiative will offer project finance, working capital, and digitized payment systems for institutions, alongside salary advances, mortgages, asset financing, and insurance products for teaching and non-teaching staff. Universities will also have access to green energy financing options such as solar power and biogas. Students will benefit from fee payment plans, digital banking tools, and a three-month internship programme targeting over 10,000 learners to boost practical skills and industry exposure. KCB says the programme will also extend credit and training to SMEs and suppliers linked to the universities, while surrounding communities will access enterprise development, environmental conservation projects, and scholarships through the KCB Foundation. The move comes as public universities grapple with funding shortfalls amid rising enrolment and infrastructure needs. Government data shows that most institutions face growing financial pressures, prompting calls for private sector partnerships to sustain the sector. According to Higher Education Principal Secretary Dr. Beatrice Inyangala, the collaboration aligns with government efforts to promote sustainable, inclusive, and digitally enabled higher education.
KCB Bank has signed agreements with 29 public and private universities to provide tailored financing and digital solutions aimed at supporting infrastructure development, operations, and financial access for staff, students, and suppliers. The initiative will offer project finance, working capital, and digitized payment systems for institutions, alongside salary advances, mortgages,...
Isuzu opens Sh3.1bn spare parts hub in Lukenya
 Motor dealer Isuzu East Africa has opened a Sh3.1 billion parts distribution centre (PDC) in Lukenya, Machakos County, aimed at boosting access to genuine vehicle parts and improving logistics across the region. Located along Mombasa Road, the new facility is expected to serve dealers, stockists, mechanics, and vehicle owners, supporting the company’s aftersales support...
Artificial intelligence start-up Perplexity AI has made a surprise $34.5bn (£25.6bn) takeover bid for the world’s most popular web browser, Google Chrome. The three-year-old firm, whose backers include Amazon founder Jeff Bezos and chip maker Nvidia, is headed by a former Google and OpenAI employee. But one technology industry investor called...
From Left to Right: Equity Group Chief Internal Auditor, Beth Kithinji, Equity Group Managing Director and CEO, Dr. James Mwangi, and Daniel Kimotho, a Shareholder, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion...
Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets, including Mozambique, Tanzania and the Democratic Republic of Congo (DRC), subject to regulatory approvals in the various countries. The agreement marks a transformative milestone in promoting digital inclusion and expanding access to reliable connectivity across Africa. The initial partnership focuses on sharing fibre networks and tower infrastructure to accelerate the roll-out of digital services in these markets, increasing connectivity for customers while reducing operators’ infrastructure costs and improving speed to market. By leveraging existing infrastructure, the collaboration aims to deliver improved connectivity, faster internet speeds, and more reliable services. This will not only enhance customer experience but also assist with providing access to digital services for a broader population, particularly those in underserved areas, helping to bridge the digital divide in Africa. Vodacom Group’s chief executive officer Shameel Joosub said: “Providing connectivity to empower people is at the core of our strategy. Our partnership with Airtel Africa is a proactive step forward in creating a sustainable, inclusive, and connected digital future for the continent. Through infrastructure sharing, we can provide cost-effective services to more people, more rapidly, ensuring that no one is left behind in the digital age. As we fulfil our ambition to connect 260 million customers by 2030, the need for scalable and cost-efficient network solutions becomes increasingly significant This partnership provides us with the opportunity to narrow the digital divide, empowering more individuals and communities through digitalisation across the continent. It is aligned with our purpose to connect for a better future,” concludes Joosub. Airtel Africa’s chief executive officer Sunil Taldar said: “This partnership is aligned with our unwavering commitment to delighting our customers by always making our network available to them even in the remotest locations. Working with Vodacom, we will open greater access to digital and financial opportunities which will transform the lives of our customers while complying with all regulatory requirements. Even as competitors, it has become a business imperative for us to collaborate in the provision of critical infrastructure required to build resilient network with strong capacity to support the emerging digital technologies as well as the growing need for data-enabled products and services. Accelerating the deployment of fibre connectivity is a key enabler in the acceleration of 4G and 5G technologies in Africa to deliver the high-speed, low-latency, and reliable connections needed for modern digital applications. This partnership allows for further opportunities for both operators to enhance network performance, extend coverage, and increase mobile, fixed, and financial services leveraging a broader footprint on the continent.”
Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets, including Mozambique, Tanzania and the Democratic Republic of Congo (DRC), subject to regulatory approvals in the various countries. The agreement marks a transformative milestone in promoting digital inclusion and expanding access to reliable connectivity across Africa.
Airtel Kenya has crossed the 24 million subscriber mark through its network campaign as expansion plans continue. This achievement, highlighted in the latest Communications Authority of Kenya (CA) sector statistics report, reflects growing public trust in Airtel’s commitment to serve all Kenyans, from urban centres to the most remote parts of the country. Speaking during the launch of the ‘Na Bado Tunagrow’ network coverage campaign, Airtel Kenya Managing Director Ashish Malhotra spoke on Airtel’s commitment to prioritising innovation to meet the changing needs of customers. “We are deeply humbled by the support of over 24 million customers who continue to believe in us. This is not the destination, it is part of a longer journey. We are committed to Kenya, and whilst we have made huge investments, our mission of enriching lives and driving progress is still not done,” said Airtel Kenya Managing Director, Ashish Malhotra. Over the years, Airtel has steadily and heavily invested in the country to better serve Kenyans. The investments span network, customer care touch points and distribution infrastructure. Through Airtel Money, the company has also endeavored to bridge the financial inclusion gap in the country with its financial services offerings. Courtesy of the rapid Airtel network expansion in the North Eastern region of the country last year, Kenyans in the underserved areas of Mandera, Wajir, and Garissa can now access connectivity and digital opportunities. “With the recent upgrade of our Airtel Money platform, which brings speedy, reliable, and innovative services, we are seeing more Kenyans trusting us with their financial needs and we continue to improve as we promote financial inclusion,” said Malhotra. The ‘Na Bado Tunagrow’ campaign is a reflection of Airtel’s ongoing journey driven by the trust of its customers and the belief that every Kenyan deserves access to reliable and modern digital services. “This is a thank you to every Kenyan who has supported our journey. We are not done. We will continue to grow, improve, and serve; Na bado tunagrow,” Malhotra concluded.
Airtel Kenya has crossed the 24 million subscriber mark through its network campaign as expansion plans continue.   This achievement, highlighted in the latest Communications Authority of Kenya (CA) sector statistics report, reflects growing public trust in Airtel’s commitment to serve all Kenyans, from urban centres to the most remote parts of the country.
Digital news publisher, Insurance Biz Africa, is proud to announce the launch of a series of pan-African webinar sessions whose objectives are to take an unprecedented deep dive into the forces reshaping the insurance industry across Africa and the world. The 8-part series, themed: "Innovate. Adapt. Insure the Future", hosted by Insurance Biz Africa,...
The LAPTRUST Defined Benefit (DB) Scheme saw net assets rise to Sh28.1 billion, up from Sh26.99 billion in 2023, reflecting the scheme’s consistent investment strategy. The County Pension Fund (CPF) posted the most significant growth, with net assets surging to Sh51.67 billion from Sh36.97 billion. CPF Group Group MD and CEO Hosea Kili credited the performance to prudent fund management, a deep understanding of member needs, and a focus on financial literacy through innovation and partnerships. The Group declared an 8.8 percent interest rate despite macroeconomic volatility. Active membership rose to 94,116 following the enrolment of over 17,500 new members, while the sponsor base expanded to 194 institutions. Other schemes under the Group also recorded positive growth, with the Salih Fund attracting 9,895 members, the Post-Retirement Medical Fund increasing its assets from Sh32.8 million to Sh55.2 million, and the Individual Pension Scheme posting a 42.4 percent rise in assets to Sh4.11 billion.
 The CPF Group has posted strong financial results for the year ended 2024, driven by robust asset growth and rising membership across its pension schemes. The LAPTRUST Defined Benefit (DB) Scheme saw net assets rise to Sh28.1 billion, up from Sh26.99 billion in 2023, reflecting the scheme’s consistent investment strategy. The...
Jambojet has reintroduced one of its earlier leased aircraft, a Dash 8-400 previously registered as JXA, into its fleet as part of efforts to boost capacity on high-demand domestic routes. The aircraft, which was first leased in 2016 from Abu Dhabi Aviation, returned to Jomo Kenyatta International Airport (JKIA) from Abu Dhabi before commencing...
Hydrogen Growth, Water Risk – Can Africa Balance Both?Join ESI Africa for a live webinar unpacking the complex connection between hydrogen development and water resource management across AfricaFree Live Webinar Hosted by ESI AfricaAs Africa positions itself to lead in the green hydrogen economy, one vital resource sits at the centre of this transformation: water.Green hydrogen production via electrolysis...

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