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Mwalimu Sacco Profit Jumps 76.3% as Asset Base Hits KSh 76.3Bn
Mwalimu National DT Sacco, Kenya's largest Sacco by assets, reported a 76.3% jump in surplus to 1.27Bn for the year ended 31 December 2025, its strongest result since 2020. Net interest income grew 11.0% to 3.53Bn while loans and advances expanded 19.3% to 56.3Bn. Administrative expenses rose 17.7% to 3.00Bn and impairment charges climbed 5.4% to 960.3M. The Sacco held its dividend at 13% and raised interest on deposits by 5 basis points to 10.05%. Total assets closed at 76.3Bn, up 10.8% year-on-year.
Nigeria to Host Intra-African Trade Fair 2027
Nigeria has signed the host agreement for the fifth Intra-African Trade Fair 2027 (IATF2027), taking over the baton from Algeria
Parliament Pushes for Faster Reform of State-Owned Enterprises, Limits Budget to KSh 2.88Trillion
KPC Lists 6th on NSE With Only 2.6% in Retail Hands
Kenya Pipeline Company lists on the Nairobi Securities Exchange as the sixth most valuable stock on the exchange at KSh163.6Bn, the only infrastructure company in a top ten dominated by banks. Despite a 65% headline free float, institutions and sovereign funds control 97% of the shares sold, leaving just 2.6% of the company in retail hands. Uganda, Rwanda and Kenya's NSSF anchored the offer as 70,000 retail investors, against a government target of two million, will effectively set the opening price for a KSh163.6Bn company.
Kenya’s Net-Zero Manufacturing Strategy To Take Center Stage at KIICO 2026
Zeno Lands US$25mn to Expand Battery-Swap Network in Kenya, Uganda
Electric mobility startup, Zeno, has raised US$25 million in Series A financing to accelerate production of its battery-swap electric motorbikes and expand charging infrastructure across East Africa.
Gen Alpha are Already the Architects of Africa’s Digital Economy
By 2030, Africa will be home to one in every three Gen Alphas on the planet. Are you building something they actually want to live in, or are you just a FaceTime call they are about to decline?
CFAO Mobility Kenya Commits KSh 48.5Mn to 2026 WRC Safari Rally
CFAO Mobility Kenya has committed KShs 48.5 million to support the organization of the 2026 Safari Rally Kenya, part of the World Rally Championship calendar. The funding will also support driver training initiatives and grassroots motorsport development aimed at nurturing future rally talent in Kenya.
Kenya's New Tourism Positioning Has a Billion-Dollar Blind Spot
East Africa is selling the dream. But the infrastructure to deliver it — for every traveller — is only just beginning to be built.
When It Rains in Nairobi, It Pours on the Economy
Nairobi's deadly and destructive flooding is not a failure of weather. It is a failure of fiscal priorities made years ago, now arriving as water in people’s living rooms.
Tech Startup Intron Launches New Voice AI Service that Supports 57 African Languages
Intron, a specialised technology company, has launched the newest version of its flagship AI voice model, “Sahara v2”, which can now understand over 500 distinct African accents, covering up to 57 languages