Roam, M-KOPA Ranked Among Fastest Growing African Companies
Kenya still dominates East Africa’s race for corporate growth, with a cluster of high-performing companies and startups pinning themselves on the chart of entrepreneurial dynamism and private sector resilience. Roam, [...]
KenGen to Build KSh 17bn, 100MW Green Hydrogen Plant
Listed power generating company KenGen is set to build a KSh 17bn, 100MW green hydrogen plant, funded through concessional financing from Germany. “Kenya, and Africa at large, has the potential [...]Naivas Supermarkets Claims Extortionary Tactics' in Feud with Nairobi
Naivas Supermarkets, Kenya's largest retail chain, has said that claims of expired products on its shelves are misleading and potentially harmful in an ongoing dispute with Nairobi City County. No [...]
Kenya's Apparel Exports to the US Rise to KSh 61bn amid AGOA Renewal, Tariff Concerns
Apparels exported to the United States (US) market under the Africa Growth and opportunity Act (AGOA) earned Kenya KSh 60.6 billion last year, a 19.2% jump from KSh 50.8 billion [...]Base Titanium Opens Mining Equipment Auction to Local Bidders
Australian mining firm Base Titanium will auction its mining equipment — including industrial pumps, transformers, power modules, and control systems — after winding up its 11-year extractive operations in Kwale. [...]Serena Hotels Resumes Dividends After 5-Year Hiatus
TPS Eastern Africa PLC, which operates Serena Hotels, has reinstated its dividend payout after a five-year hiatus, declaring a KSh 0.35 per share dividend for FY2024, matching its last distribution [...]
Airtel Africa Drops WPP Scangroup’s Ogilvy After 15 Years
Listed advertiser, WPP Scangroup, has confirmed the end of the 15-year engagement between its flagship agency, Ogilvy Africa, and telecoms operator Airtel Africa, as the marketing group contends with wider [...]Only 2% of Arriving Passengers Use Domestic Flights to Final Destinations-IATA
Only 2% of passengers arriving internationally in Kenya continued to their final destination on domestic flights, according to a new report by the International Air Transport Association (IATA). Africa is the largest international market for passenger flows [...]Kenyan Shilling's Strength Lifts Airtel’s Revenues in East Africa
Airtel Africa has posted strong operational momentum for the year ended March 2025 in its East African markets, where the appreciation of the Kenyan shilling helped minimize the impact of [...]Kenya's Microfinance Banks Cut Back on Innovation
Microfinance banks (MFBs) are leading in the overall reduction of dedicated innovation teams among banking institutions, a new survey by the Central Bank of Kenya (CBK) shows. MFBs have cut [...]Four Companies Entangle CS Joho in Battle Over Turkana Gold Fields
The High Court has declined to grant an order of prohibition in a case pitting Mayfox Mining Company Ltd against the Cabinet Secretary for Mining, Ali Hassan Joho, over the [...]Maize Production Dips, Pushing Flour Prices Up
The production of millet, potatoes and maize fell short of 2023 levels last year, creating the prospect of price increases before the harvest season expected this month in some parts [...]
