Safaricom PLC has announced a KES 10 million sponsorship for the Kenya Paralympics Team, aiming to support their participation in the 2024 Paralympic Games in Paris. The sponsorship includes both cash and in-kind support, highlighting Safaricom’s strong commitment to empowering and supporting Kenyan athletes. The in-kind support package encompasses financial literacy and media training for […]
AGRA (Alliance for a Green Revolution in Africa) convened a session today with 100 youth participants involved in agri-food systems to discuss the pressing issue of climate change and explore potential solutions. This gathering marks the fourth in a series of national-level conversations initiated by AGRA to address climate-related challenges. The session aimed to foster […]
The East African Development Bank (EADB) has unveiled an ambitious program aimed at bolstering the growth of Small and Medium Enterprises (SMEs) in Kenya. Partnering with Sidian Bank, HF Bank, Development Bank of Kenya (DBK), and Kenya Women’s Finance Trust Microfinance Bank (KWFT), EADB will fund this KES 892 million initiative, targeting over 1,300 SMEs […]
Opinion piece by H.E Amb. Josefa Leonel Correia Sacko From 7-9 May this year, more than 4,000 key stakeholders including 10 African Heads of State and Government and 30 Ministers of Foreign Affairs and Agriculture converged in Nairobi, Kenya to participate in the 2024 African Fertilizer and Soil Health Summit (AFSH24).The Special Summit, convened by […]
By: Lydia Owuor, Partner at Cliffe Dekker Hofmeyr (CDH) Kenya Property has no gender. However, historical records demonstrate entrenched gender biases in the ownership of property, heavily favouring men while marginalizing women’s rights and contribution. Over time, various movements and legal reforms have aimed to rectify these disparities. In fact, one of the key aspirations […]
In the dynamic landscape of technology, where innovation often dances on the edge of theextraordinary, Prateek Suri stands out as a beacon of inspiration. As the Founder and CEO ofMaser, he has led the company to achieve the coveted status of a tech unicorn—a milestonethat reflects not just financial success but a profound commitment to […]
In a strategic move aimed at enhancing the security of its currency, the Central Bank of Kenya (CBK) has announced significant updates to its banknotes. This change is part of the CBK’s mandate as conferred by Article 231 (2) of the Constitution of Kenya and Section 22 (2) of the Central Bank of Kenya Act. […]
Kenya’s Monetary Policy Committee (MPC) met on August 6, 2024, revealing positive economic indicators and strategic measures to maintain growth and stability. The MPC’s decision to lower the Central Bank Rate (CBR) to 12.75 percent reflects an improved global economic outlook and declining inflation rates. The global economy shows signs of recovery, driven by robust […]
In a significant move reflecting improved economic conditions, the Monetary Policy Committee (MPC) of Kenya has lowered the Central Bank Rate (CBR) to 12.75 percent. This decision, announced during the MPC meeting on August 6, 2024, comes against a backdrop of an improved global outlook for growth, easing inflation in advanced economies, and persistent geopolitical […]
BuuPass, a prominent Kenyan transportation platform, has teamed up with mTek, a leading insurance provider, to enhance the travel experience for customers by integrating comprehensive trip insurance. This strategic partnership aims to provide travelers with added safety, peace of mind, and convenience, marking a significant advancement in the Kenyan travel industry. By merging BuuPass’s user-friendly […]
