Farmer’s Choice plans to expand its smokie vendor network from 50,000 to 150,000 vendors as it seeks to grow entrepreneurship opportunities for women and youth across the country.The company said the expansion will be implemented through its Be Your Own Boss (BYOB) initiative, which supports small-scale entrepreneurs by providing smokie vending trolleys and startup support.
KCB Group posted an 11 percent rise in net profit to Sh68.4 billion for the year ended December 31, 2025, supported by growth in lending and higher revenues.
Customer loans increased 15 percent to Sh1.59 trillion, helping lift total revenues to Sh214 billion from Sh204 billion recorded in the previous year, driven largely by...
CPF Group has opened a new office in Kigali as part of its regional expansion strategy aimed at strengthening financial advisory and capital markets services across East Africa.
The office, located at the Zein Building in Nyarutarama, will host the group’s subsidiaries including CPF Capital & Advisory, Rukisha Solutions and CPF Financial Services.
The digital loans formed part of Ksh29.19 billion in total credit issued during the year. 141,066 loans were processed through the Sacco’s mobile app, serving its 151,800 active members.
Over 93 percent of members now use mobile channels, according to CEO Gamaliel Hassan.
The Sacco’s overall loan portfolio grew 4.6 percent,...
Emirates (www.Emirates.com), the world’s largest international airline, has introduced a first-of-its-kind split-payment solution for travellers in Kenya, through a longstanding strategic partnership with Cellulant, Africa’s leading payments technology company. The split-payment capability, enabled by Tingg, Cellulant’s payment gateway, has debuted in Kenya and is expected to roll out to other African markets in the coming months.
The Africa’s Green Economy Summit (AGES) 2026 opened its doors in Cape Town today, marking a pivotal moment in the continent's economic trajectory. Convening a powerful coalition of policymakers, financiers and innovators, the summit signals a decisive shift from conceptual ambition to concrete, bankable action in the pursuit of a sustainable African future.
Under...
Instant 24/7 bank-to-bank transfers across African borders in local currencies.
Simpler cross-border payments for individuals, businesses, and SMEs.
80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.
Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment...
Marriott International, Inc. (Nasdaq: MAR, “Marriott”) (www.Marriott.com) announced an exceptional year of growth across Europe, Middle East & Africa (EMEA) in 2025 with more than 230 organic signings representing over 31,000 rooms. Marriott also added 170 properties and nearly 24,000 rooms across EMEA last year, contributing to a 7.8% net rooms growth in the region.
Across Africa, the rapid rollout of solar generation is shifting the challenge from simply adding capacity to integrating power reliably into weak and unstable grids. Diesel dependence, frequency instability and limited transmission infrastructure are driving demand for battery energy storage systems (BESS) not as optional hardware, but as core infrastructure for resilient power systems.
In markets from East...
Binance (www.Binance.com), the leading global blockchain ecosystem and cryptocurrency infrastructure provider, and Africell, a major African mobile network operator have announced their intent to collaborate on blockchain education, crypto literacy, and digital asset services across in Africa.
Key areas of the proposed collaboration include:
Crypto-as-a-Service:
Exploration...
