Sidian Bank Unveils KSh1.7 Billion for SME Lending
Sidian Bank and FMO, a Dutch entrepreneurial bank, have partnered to unveil a KSh1.65 billion facility for lending towards Small and Medium-sized Enterprises (SMEs). The facility under the NASIRA program, [...]
IM Bank Rolls Out an Unsecured Lending Solution Making it Easier to Secure Loans
IM Bank Kenya has rolled out an unsecured lending solution, which will make it more convenient and quicker for its customers to access unsecured loans through an automated platform. Under [...]
State Invites Firms to Bid for Covid-19 Vaccine Factory
The state has invited firms to bid for the construction of a Covid-19 vaccine plant through a global tender as it enters the final part of manufacturing the jab locally. [...]HF Group Appoints Anthony Omerikwa Opare as a Non-Executive Director of the Board
HF Group has appointed Dr Anthony Omerikwa Opare as a Non-Executive director of the board effective 18th January 2022. Dr Omerikwa is currently the Chief Executive Officer of the National [...]Equity Bank to Receive KSh5.6 Billion for SME Lending
Equity Bank Kenya is set to receive KSh5.66 billion from the British International Investment (BII) – formerly known as CDC Group – for onward lending to Small and Medium sized Enterprises [...]State Allocates KSh5 Billion for Malindi Airport Expansion
The Government of Kenya has allocated KSh5 billion for the expansion of Malindi airport, seeking to boost tourism in the North Coast. The project has stalled for 18 years due [...]NSE Daily Equity Turnover Rises 63.4% to KSh 459.2 Million
Nairobi Securities Exchange(NSE) recorded an increase in daily equity turnover to KSh 459,160,272.00 this Wednesday from the previous day's turnover of KSh 281,027,025.00. The number of shares traded was 14,246,600 [...]
Tourist Arrivals in Kenya Grows by 53.29% in 2021
Tourist arrivals in Kenya registered a 53.29 % growth in 2021, at 870,465 compared to 567,848 in 2020 according to data released by the Tourism ResearchInstitute. This performance was undermined [...]Kenya in Partnership with UK to Build the Nairobi Railway City
Kenya is partnering with the United Kingdom(UK) to build a new rail hub in Nairobi. This project is poised to be the largest and most ambitious development ever to be [...]Zanifu, a Kenyan Fintech Startup Secures US$1Million Seed Funding
Zanifu, a Kenyan fintech firm has secured US$ 1 Million in seed funding that it intends to stock-finance micro, small and medium sized enterprises in Kenya as it also eyes [...]HF Group Appoints Charles Kimani Njuguna as its Non-executive Director.
HF Group plc has appointed Charles Kimani Njuguna as its Non-executive director effective January 14. Charles Njuguna is currently the acting managing director at Britam Holdings Plc. Charles Njuguna has [...]Copia Global, a Kenyan E-Commerce Firm Raises $50 Million For Expansion
Copia Global, a Kenyan B2C e-commerce firm serving unbanked Kenyans in rural areas, has raised $50M for expansion in a Series C equity round led by Goodwell Investments. The Kenyan [...]
