News
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Moody’s Cuts Afreximbank Rating Over Exposure to Sovereign Credit Restructuring
Moody’s downgraded the African Export–Import Bank (Afreximbank), citing heightened credit risks tied to ongoing debt workouts involving Zambia and Ghana.…
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How Kenya’s Private Security Sector Enhances Community Resilience and Sustainability
In the evolving landscape of Kenya’s security and development, the private security sector has emerged as a vital contributor not…
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America’s Zeno Launches Electric Motorbikes in Kenya
Zeno, a global electric mobility company founded by a former Tesla executive, has entered the East Africa market with the…
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Why Are Loan Defaults Rising Despite the Availability of Credit Risk Tools?
On June 10, 2025, the Monetary Policy Committee (MPC), through its chairman, Central Bank Governor Kamau Thugge, announced that the…
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How Kenya Stands to Benefit from Gates $200 Billion Donation to Africa
Kenya stands to gain significantly from Bill Gates’ $200 billion pledge to support African countries over the next two decades,…
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Kenyan Entrepreneur Julius Mwale Wins U.S. Court Case Over $1.7 Million Loan
Kenyan entrepreneur Julius Mwale, the founder of the $2 billion Mwale Medical and Technology City (MMTC) in Butere, Kakamega County,…
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Kenya Backs Morocco’s Western Sahara Autonomy Plan as It Strikes More Trade Deals
Kenya on Monday formally expressed support for Morocco’s plan to grant autonomy to Western Sahara under Rabat’s sovereignty, aligning itself…
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Dangote Refinery Agrees to Export Polypropylene with Vinmar
The Dangote Petroleum Refinery and Petrochemicals said it will partner with Vinmar Group, an international petrochemicals distribution company, to bring…
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Kenya’s Oil Firms Request Waiver on Fines for Overdue Products at KPC
Several oil marketing companies (OMCs) in Kenya are seeking a waiver on penalties imposed for storing petroleum products beyond the…
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Hello Tractor Outshines Banks in Agri-SME Lending After Hitting 7.2% in Profit
Hello Tractor has stood out as a trailblazer in agricultural finance, through inclusive lending and laying ground of opportunities for…
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