Central Bank Clears JPMorgan to Set Up Office in Nairobi
The Central Bank of Kenya (CBK) has authorized JPMorgan Chase Bank, the largest bank in the US, to establish a ...
Safaricom’s M-PESA Market Share Drops, Airtel Gains Marginally-CA
Airtel Networks gained its market share in mobile (SIM) and broadband subscriptions while Safaricom lost in both areas, according to ...
3 Scientists Win Economics Nobel Prize for Demonstrating Why Nations Fail
The Royal Swedish Academy of Sciences has awarded the 2024 Nobel Prize in economics to three scientists, including the authors ...
Power Prices to Rise Slightly in October- Regulator
The Energy and Petroleum Regulatory Authority (EPRA) has indicated that electricity costs for October will slightly rise after the foreign ...
Starlink Kenya Subscribers Grow Nearly 2000% in a Year
Satellite data subscription grew by 1,955.3% after the licensing and launch of Starlink Internet Services Kenya in July 2023, a ...
Kenya, Italy to Revive Space Center, Partner on Launches
Kenya and Italy will revive the Luigi Broglio space center in Malindi to launch earth observation satellites, Adolfo Urso, Italy's ...
Kilifi Residents Protest KSh 500bn Nuclear Project Proposal
Residents in Kilifi county have protested against the proposal to build a nuclear energy plant in the area - saying ...
MSME Expo by Kenyan Banks Opens in Nairobi This Week
The 2024 Inua Biashara MSME Exhibition, hosted by the Kenya Bankers Association (KBA), is a must event for anyone passionate ...
Benin Pledges $2mn to the African Development Bank’s Fund
Benin has pledged $2 million to the African Development Fund (ADF), the concessional fund behind the African Development Bank Group ...
ECOWAS Lays Groundwork for 7,000kms African Atlantic Gas Pipeline
The Economic Community of West African States (ECOWAS) has just concluded a regional workshop to lay groundwork for the 7, ...