Nairobi’s Inland Container Depot sees 62.4% cargo growth
The growth is attributed to Kenya’s improved Standard Gauge Railway and port services...
Tag : Kenya
Safaricom might award contract to Huawei for its 5G rollout this year
Safaricom involving Huawei in its 5G network could hinder talks on a free trade agreement between the US and Kenya...
Toyota-backed Kenyan logistics startup Sendy raises $20mn in Series B funding round
Sendy currently has around 50,000 customers and offers its services to over 4,000 businesses across key cities of Kenya...
4th Annual Power Tech Africa to boost Africa’s renewable energy market
Kenya aims to produce 19,200 MW of electricity exceeding the demand of 15,000 MW by 2030...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
African tech companies invited to partner Britain-led growth scheme
With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry...
Why Kenya needs fewer banks
Around 80 percent of the profits made by the Kenyan banking sector go to the top five to six banks...
Kenya’s National Bank gets a Sh5bn lifeline from KCB Group
With a staggering Sh32bn in non-performing loans, the National Bank of Kenya was struggling to stay afloat...
Kenya’s 4G Capital secures $2 mn to finance SMEs
The funding will be used by 4G Capital to increase its customer base in Kenya and Uganda...
Kenya Airways’ losses to increase by 25% despite restructuring
The carrier is expected to record a net loss of at least Sh7.3 bn in 2019...