UBA Kenya has appointed George O. Otieno as the new Chairman of the Board.
The announcement follows regulatory approval and comes as the bank marks 15 years of operations in the country.
The bank said Mr. Otieno’s appointment is a key step in strengthening its strategic growth in Kenya and the...
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Schneider Electric names Mitsumi Distribution official distributor for Secure Power solutions in East Africa
Staff Writer -
chneider Electric has named Mitsumi Distribution as its official distributor for Secure Power solutions in East Africa.
The move is part of Schneider Electric’s plan to expand its presence in the region. It comes as demand rises for data centres and resilient power infrastructure.
Mitsumi Distribution is based in Kenya. It...
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HF Group posts Sh337 million pre-tax profit for Q1 2025, recording 112% year-on-year growth
Staff Writer -
HF Group PLC has posted a remarkable 112 per cent year-on-year increase in its pre-tax profit for the first quarter of 2025, signalling the success of its ongoing transformation and diversification strategy.
The Group’s Profit Before Tax (PBT) rose to Sh337 million, up from Sh159 million in Q1 2024.
The sharp...
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Africa Energy Technology Conference Provides a Platform for Fostering Innovation
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The African Energy Chamber (AEC) representing the voice of the African energy sector – offers its full support and endorsement of the upcoming Africa Energy Technology (AET) conference, recognizing the role the event plays as a platform for fostering innovation and technology in Africa. Taking place May 27-29, 2025, in Accra, Ghana, the event unites government representatives,...
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The Digital Future is Inclusive: Innovation Week Tanzania 2025 Closes Strong, Powered by the Future Ready Summit
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Innovation took center stage in Tanzania as Innovation Week Tanzania 2025 (IWTz2025) anchored by the Future Ready Summit (FRS2025) wrapped up a powerful five-day journey of ideation, collaboration and solution-driven dialogue. With the theme “Innovation for an Inclusive and Resilient Future,” the landmark platform brought together a diverse mix of policymakers, innovators, private sector leaders, development partners,...
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Africa is not the next frontier — it’s the blueprint: rethinking innovation on Africa Day
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Each year, Africa Day serves as a celebration of the continent’s culture, history, and progress. But in 2025, Africa is doing more than celebrating — it’s leading.
For too long, Africa has been positioned as a “frontier market,” a place waiting to catch up. That narrative is outdated. Africa is not waiting to be...
The reduced tax spending supported the growth in the bottom line despite non-interest income dropping by 4.5 percent to Sh7.36 billion and operating expenses rising by 11.2 percent to Sh10.5 billion.
"Despite the headwinds of 2025, we are pleased to present these positive results in the first quarter of 2025. The profitability performance demonstrates,...
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Cross Switch Bolsters African Footprint with Strategic Partnership with Pesawise, Kenya
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Cross Switch (https://Cross-Switch.com/), a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise.
This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver...
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Over 200 Japanese companies to participate in the TICAD9 Business Expo and Conference
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Japan External Trade Organization (JETRO; Chairman and CEO: ISHIGURO Norihiko; Headquarters: Minato-ku, Tokyo) (www.JETRO.go.jp) is pleased to announce that it will host the TICAD Business Expo & Conference from 20 to 22 August 2025, as one of the Thematic Events of the Ninth Tokyo International Conference on African Development (TICAD9). This event will comprise four zones—Japan Fair,...
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Radisson Hotel Group leads hospitality growth in Africa with the most hotel openings
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Radisson Hotel Group (www.RadissonHotels.com)continues to solidify its leadership in Africa’s hospitality landscape, with its top ranking in W Hospitality Group’s (https://W-HospitalityGroup.com) 2024 “From Pipeline to Reality” report for achieving the most hotel openings across the continent within the year. Building on this momentum during the first quarter of 2025, Radisson Hotel Group announces its market entry into the Democratic...