LogisticsSpanish logistics firm Glovo expands in Mombasa, KenyaPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 The company also plans to establish itself across all towns in Kenya... Read more
Oil & GasOil and gas development to boost Kenya’s economic diversityPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 The ICAEW report highlights how East Africa’s growth is mainly driven by strong performances in Kenya and Ethiopia... Read more
BankingKenya’s CBA to own 53% stake in merger with NIC GroupPritam BordoloiSeptember 30, 2019November 1, 2019 by Pritam BordoloiSeptember 30, 2019November 1, 2019 The merger will be effective from September 30 and the new entity will be known as NCBA Group... Read more
TechnologyNigeria’s CcHub acquires Kenya’s leading tech incubatorPritam BordoloiSeptember 27, 2019November 1, 2019 by Pritam BordoloiSeptember 27, 2019November 1, 2019 CcHub will finance the deal out of its real-estate project... Read more
AviationKenya Airways to sell planes to deal with increasing lossesPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 The airline will sell seven flights and a GE engine... Read more
Wealth ManagementKenya has around 356 billionaires, 4th highest in AfricaPritam BordoloiSeptember 23, 2019November 4, 2019 by Pritam BordoloiSeptember 23, 2019November 4, 2019 73% of Kenya’s billionaires are from Nairobi... Read more
Business LeadersKenya second most preferred business destination for African CEOsPritam BordoloiSeptember 18, 2019November 4, 2019 by Pritam BordoloiSeptember 18, 2019November 4, 2019 In a survey of 171 African CEOs, 22 prefer Kenya while 24 of them prefer the US as their top business destination... Read more
AviationKenya Airways to revamp JV agreement with Air France-KLMInternational Finance DeskSeptember 5, 2019December 23, 2019 by International Finance DeskSeptember 5, 2019December 23, 2019 The Kenyan airlines is seeking renegotiations over cost and revenue sharing deal and the ability to enter into agreements with other airlines... Read more
FintechKenyan fintech 4G Capital to increase lending to SME’sInternational Finance DeskSeptember 3, 2019December 17, 2019 by International Finance DeskSeptember 3, 2019December 17, 2019 The number of loans to be lent by the fintech in 2019 will be 420,000 which is worth $46 million... Read more
BankingKenya’s Equity Bank appoints ex-World Banker as new COOInternational Finance DeskSeptember 3, 2019December 16, 2019 by International Finance DeskSeptember 3, 2019December 16, 2019 As the new COO, John Wilson will oversee Equity Bank Kenya’s operations at the group level... Read more