Business

Uganda-based VC Secures $6 Million for Fintech Financing in Africa

Uganda-based VC Secures $6 Million for Fintech Financing in Africa

First Circle Capital, a specialist early-stage venture fund with offices in Casablanca and Kampala, has secured $6 million for fintech…
Why Absa Thinks Banks Must Meet MSMEs at Their Doorsteps

Why Absa Thinks Banks Must Meet MSMEs at Their Doorsteps

The key to unlocking the potential of East Africa’s small businesses lies in taking financing and support directly to them,…
Twiga Food to Pay Ex-Employee Ksh.1 Million for Unprocedural Termination

Twiga Food to Pay Ex-Employee Ksh.1 Million for Unprocedural Termination

The Employment and Labour Relations Court has found that Twiga Foods Limited unlawfully terminated the employment of one of its sales representatives,…
Mi Vida Homes Management Takes Full Control from Actis and Shapoorji Pallonji

Mi Vida Homes Management Takes Full Control from Actis and Shapoorji Pallonji

The leadership team at Mi Vida Homes has acquired full ownership of the Nairobi-based residential developer, purchasing the remaining stakes…
Angola Returns to International Markets with $1.5 Billion Eurobond

Angola Returns to International Markets with $1.5 Billion Eurobond

Angola is making its first return to international bond markets in three years, and is looking at raising $1.5 billion…
Emirates Picks Apo Group its PR Agency for Africa

Emirates Picks Apo Group its PR Agency for Africa

APO Group has been appointed as the official public relations partner for Emirates across Africa, effective immediately. Apo Group is…
KRA Customs Taxes up 1.4% to Ksh.85.2 Billion in September

KRA Customs Taxes up 1.4% to Ksh.85.2 Billion in September

The Kenya Revenue Authority (KRA) collected a record Ksh.85.2 billion in customs revenue in September, driven by increased petroleum and…
How KCB Distributed Ksh.53.2bn in Green Loans Among Locals

How KCB Distributed Ksh.53.2bn in Green Loans Among Locals

KCB Bank disbursed Ksh.53.2 billion in green loans in 2024 for projects which focused on clean energy, e-mobility, the blue…
Kenya to Save $215 Million Annualy from SGR Debt in Fresh Repayment Plan

Kenya to Save $215 Million Annualy from SGR Debt in Fresh Repayment Plan

Kenya has devised means to save at most $215 million in interest payments every year in a new plan which…
How Safaricom Spent Ksh.153 Billion in Local Market

How Safaricom Spent Ksh.153 Billion in Local Market

Safaricom says it spent Ksh.153 billion on local suppliers during the financial year ending March 2025. In its 2025 Sustainable…
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