Kenya Bankers Association Sign Deal to Create Sign Language Mobile App
Kenya Bankers Association (KBA) has entered a partnership with Financial Sector Deepening Trust (FSD Kenya) and software engineering firm Deaf eLimu Plus to create the first bank-environment Kenyan Sign Language [...]
CBK Issues Guidance on Climate-Related Risk Management
The Central Bank of Kenya (CBK) announces the issuance of Guidance on Climate-Related Risk Management to commercial banks and mortgage finance companies. The Guidance is intended to enable banks to [...]Fuel Prices at the Pump Drop as Levy Kicks in
The price of super petrol and diesel has fallen by KSh 5.00 per litre while that of Kerosene has decreased by KSh 7.28 per litre.In Nairobi, the price of a [...]Tala Raises KSh16.1 Billion in Series E Funding Round
Digital Lender, Tala has raised KSh16.1 billion in its series E funding round, bringing its total funding to more than KSh38.8 billion. Investors who took part in the funding round include [...]
Prices at Tea Auction Hit $2.29 Per Kilogram
The weekly Mombasa Tea Auction held on 12th and 13th October 2021 had 8.7 million kilograms of tea offered for sale. The amount on offer increased from 8.3 million kilograms during the [...]Curtain falls on Iconic Treetops Safari Lodge
Kenya's oldest safari lodge, Treetops an elaborate treehouse on the edge of a watering hole in Aberdare National Park where a monarch famously went up the tree a [...]Kenya's Position Drops in Absa Africa Financial Markets Index 2021
Kenya’s financial market attractiveness in Africa fell in rankings to 11th position in 2021 compared to position 7 in 2020 and 3rd position in 2019, this is according to data [...]CBK Accepts KSh 16.9 Billion at Weekly T-Bills Auction
The Central Bank of Kenya(CBK) accepted KSh 16.9 Billion out of KSh 24 Billion that it offered investors at the weekly Treasury Bills Auction. The amount of bids received was [...]Posta Receives KSh72 Million from TMEA for Cross-Border Deliveries
The Postal Corporation of Kenya (Posta) has received KSh72 million from Trade Mark East Africa (TMEA), seeking to enhance its cross-border e-commerce deliveries. Under the deal, the Corporation says it [...]US Markets; Earnings Report, GitLab Listing, SpaceX
The US markets closed higher on Tuesday, as earnings season began in full swing. The Dow Jones closed 1.56% higher, the Nasdaq 100 was up by 1.71% while the SP 500 [...]
PE Firm Adenia Partners acquires Kenya’s fresh-cut grower Red Lands Roses
Africa focused private equity firm Adenia Partners, has acquired a majority stake in Altilands SA, the parent company of Red Lands Roses, a grower of premium fresh-cut roses in Kenya [...]Meet the 30 teams selected to join Celo Camp Batch 4
In July, Celo Camp began scouting for the fourth round of startups to apply for its 8-week acceleration and mentorship program where teams receive tailored guidance on their business and [...]
