Industry News Archives - Page 3 of 30

From left to right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Group Chief Risk Officer, Sam Gitwekere, during the H1 2024 Investor Briefing event. Equity Group Holdings has registered a 12% growth in profit after tax to Kshs. 29.6 billion for the period ended 30th June 2024 compared to a similar period last year. Deposits grew by 11% to Kshs. 1.3 trillion up from Kshs. 1.2 trillion while total assets grew by 6% to Kshs. 1.75 trillion up from Kshs. 1.64 trillion. Regional businesses contributed 49.7% of total assets and 50.2% of profit before tax for the period. The Group also diversified with the receipt of a General Insurance license and recorded highest market capitalization in Sub-Saharan Africa.

Equity Bank Revises Loan Pricing After Central Bank Cuts Key...

Equity Bank (Kenya) has updated interest rates on new and existing variable-rate loans following the Central Bank of Kenya’s reduction...

BY waceke
December 10, 2025
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Uber Eats 2025 Cravings Report – PRESS HEADER

Industry News

Uber Eats Kenya Cravings Report Reveals Kenya’s Love Affair With...

Kenya’s love affair with fast, convenient food delivery continues to deepen, according to a new analysis of ordering trends published...

BY waceke
December 10, 2025
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Industry News Technology & Gadgets

Wylex Bikes to Run on Ampersand’s Open Battery Swap Network...

Africa’s momentum in electric mobility is gathering speed as Ampersand Energy, a pioneer of the commercial electric motorcycle ecosystem in...

BY waceke
December 10, 2025
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Industry News

Safaricom Green Bond Oversubscribed by 175 Percent as Investors Commit...

Safaricom has attracted KES 41.6 billion in applications for the first tranche of its Medium Term Note, marking a significant...

BY waceke
December 9, 2025
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Industry News

CFAO Unveils Membership Programme for Toyota Hilux Drivers in Kenya

CFAO Mobility Kenya has launched the Hilux Owners Club, a membership programme designed to reward and support customers while building...

BY waceke
December 9, 2025
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Right: TMA Board Chair and former Prime Minister of Ethiopia, H.E. Hailemariam Desalegn Boshe, and the Danish Ambassador to Kenya, H.E. Stephan Schønemann, signing the agreement.

Industry News

Denmark, TradeMark Africa Sign Sh30bn Trade Boost Deal to Accelerate...

Denmark and TradeMark Africa (TMA) have signed a five-year partnership worth DKK 200 million (USD 30 million) to advance sustainable,...

BY waceke
December 8, 2025
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Industry News

Kenya, Nigeria and Tanzania Shine at TikTok’s 2025 Creator Awards

The TikTok Awards Sub-Saharan Africa 2025 brought star power, innovation and African storytelling to the forefront during a dazzling ceremony...

BY waceke
December 8, 2025
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From left - KCB Bank Kenya Director of Retail Banking, Jane Isiaho and Visa Country Manager and Senior Business Development Leader for Kenya, South Sudan and Somalia, John Njoroge during the launch of Tap-To-Phone solution which will enable business owners to accept card payments directly on their Near-Field Communications (NFC) enabled Android smartphones without the need for a traditional point-of-sale (POS) machine.

Industry News

KCB Bank and Visa Introduce Smartphone Tap-to-Phone Payments to Support...

KCB Bank Kenya has partnered with Visa to introduce a Tap-to-Phone contactless payment solution that will allow merchants to accept...

BY waceke
December 5, 2025
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From left to right Fawzia Ali-Kimanthi - Chief Consumer Business Officer, Safaricom PLC Peter Murungi, Managing Director, Vivo Energy

Industry News

Safaricom and Vivo Energy Announce Fuel Discounts for Bundle Ya...

Safaricom has entered into a partnership with Vivo Energy Kenya to offer cab drivers new fuel discounts under the recently...

BY waceke
December 4, 2025
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Industry News Market Updates

Vodacom Moves to Acquire Majority Stake in Safaricom in $2.1...

Vodacom Group has announced a major transaction that will significantly increase its ownership in Safaricom PLC, strengthening its position in...

BY waceke
December 4, 2025
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Equity Bank Revises Loan Pricing After Central Bank Cuts Key...

Uber Eats Kenya Cravings Report Reveals Kenya’s Love Affair With...

Wylex Bikes to Run on Ampersand’s Open Battery Swap Network...

Safaricom Green Bond Oversubscribed by 175 Percent as Investors Commit...

CFAO Unveils Membership Programme for Toyota Hilux Drivers in Kenya

Denmark, TradeMark Africa Sign Sh30bn Trade Boost Deal to Accelerate...

Kenya, Nigeria and Tanzania Shine at TikTok’s 2025 Creator Awards

KCB Bank and Visa Introduce Smartphone Tap-to-Phone Payments to Support...

Safaricom and Vivo Energy Announce Fuel Discounts for Bundle Ya...

Vodacom Moves to Acquire Majority Stake in Safaricom in $2.1...

EACC Upgrades Investigative Capacity with U.S.-Backed Interview Centre

AfDB Approves $16.5 Million Loan for Kenya’s Menengai Geothermal Power

Government Launches KSh2.5 Billion Last-Mile Power Projects in Kitui

AGL Expands Fleet With 32 Sinotruk Trucks in CFAO Mobility