Leading global hospitality company Accor has announced a strategic partnership with John Williams Hotels & Resorts and Boulevard Hotel Group to develop Mövenpick Abuja and Mövenpick Living Abuja, marking a major milestone in the expansion of Accor’s premium and extended-stay brands in West Africa. The project, slated to open in the first quarter of 2026, […]
Kenya’s mobile-first economy, driven by innovations like M-PESA, has made instant mobile loans a game-changer. Traditional banks often demand collateral, lengthy paperwork, and credit history, excluding many low-income earners and informal sector workers. Mobile loan apps bridge this gap by offering: However, risks like high interest rates (often 15-36% APR) and aggressive debt collection have […]
In a move aimed at fostering locally driven innovation in sustainable air travel, KLM Royal Dutch Airlines and Kenya Airways (KQ) have jointly engaged over 200 engineering students from the University of Nairobi, offering mentorship and incubation opportunities for projects focused on decarbonizing aviation. The event, held at the University’s School of Engineering, formed part […]
CIC Insurance Group has unveiled the CIC Global Balanced Special Fund, a U.S. dollar-denominated collective investment scheme designed to give Kenyan investors exposure to a balanced mix of local and offshore assets. The move marks the Group’s formal entry into the global investment market as it seeks to diversify its offerings and meet growing investor […]
Kenya Power has completed a major power infrastructure project aimed at enhancing the reliability and stability of electricity supply across parts of Machakos and Kitui counties, marking another milestone in the company’s ongoing grid modernization and rural electrification agenda. The project involved the construction of an interconnector between Kitui and Machakos Counties at a cost […]
The Kenya International Freight and Warehousing Association (KIFWA) has entered into a landmark USD 80 million (KSh 12 billion) partnership with Capital Pay International Limited to develop a Centralized Clearing and Forwarding Management System (CCFMS) — a transformative move aimed at digitizing and modernizing Kenya’s logistics and trade facilitation ecosystem. The agreement, announced in Nairobi, […]
Mi Vida Homes Limited has announced the signing of a share purchase agreement for a management-led buyout of the company from Actis, the global sustainable infrastructure investor. The transaction, which remains subject to regulatory approval, marks a major milestone in the evolution of one of Kenya’s most prominent institutional housing developers. While the valuation of […]
The International Union for Conservation of Nature (IUCN) has officially appointed Humphrey Kariuki, a Kenyan entrepreneur, philanthropist, and conservationist, as its newest Patron of Nature, making him the first African ever to receive the honour. The announcement was made during the IUCN World Conservation Congress held in Abu Dhabi, where global conservation leaders convened to […]
The Kenya Copyright Board (KECOBO), in collaboration with enforcement partners, has arrested a suspect in connection with a sophisticated online piracy operation accused of illegally distributing copyrighted television content belonging to licensed broadcasters and content owners. The suspect, Kelvin Kiplagat Singóei, was apprehended in Kiplombe, Uasin Gishu County, following weeks of digital surveillance and forensic […]
Two men believed to be part of a well-organized motor vehicle theft syndicate have been arraigned in court following their arrest in a police operation that uncovered an elaborate car theft network in Kisumu and surrounding areas. According to the Directorate of Criminal Investigations (DCI), the suspects — identified as Michael Erick Mwaga and Peter […]
