The Dangote Petroleum Refinery has announced a major step aimed at changing how petrol and diesel are distributed across Nigeria. In a bold move, the company has revealed plans to …
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- Eastern AfricaEgyptGOVERNMENTInnovationKenyaNigeriaPoliciesTechnology
Kenya’s Startup Ecosystem Hits Record Global Ranking, Beats Nigeria and Egypt in Growth
Kenya has achieved its highest-ever position in the global startup ecosystem rankings, bolstered by a rapid growth rate of over 30 percent — the fastest among countries ranked between 51st …
The Nairobi Securities Exchange (NSE) surprised many on Tuesday, June 25, 2025, as it recorded strong gains despite nationwide protests and rising political tension. The market defied expectations by climbing …
- Banking, Finance & InvestmentFinance & ServicesGOVERNMENTInsuranceKenyaSecurity
Court Clears Wells Fargo of Blame in KSh 47 Million Heist Involving Equity Bank
The High Court in Kenya has ruled in favour of Wells Fargo Limited, dismissing a KSh 23.4 million claim filed by Equity Bank Kenya Plc over the theft of KSh …
- Banking, Finance & InvestmentFinance & ServicesGOVERNMENTInfrastructureInternational RelationsKenyaTrade and Commerce
Equity Bank to Open UAE Office, Becomes First Kenyan Bank to Expand to the Middle East
Shareholders of Equity Group Holdings Plc have approved the bank’s plans to open a Representative Office in the United Arab Emirates (UAE), marking the first time a Kenyan lender will …
The Kenyan Cabinet has approved two major legislative proposals aimed at modernising how public agencies are run and how government resources are procured and managed. The two bills—the Government-Owned Enterprises …
- Banking, Finance & InvestmentBusinessEastern AfricaEthiopiaFinance & ServicesINVESTMENTSales Strategy
Ethiopia Opens Banking Sector to Foreign Investors with New Licensing Rules
Ethiopia has officially opened its banking sector to foreign investors with a new directive that came into effect on June 25, 2025, allowing international banks to operate in the country …
- AviationEastern AfricaEconomyGOVERNMENTKenyaLeadership
Kenya Airways Grows Workforce, Nears Gender Leadership Target
Kenya’s national airline, Kenya Airways (KQ), has expanded its workforce by 8% in 2024, bringing the total number of employees to 4,705. This growth in staff came during a landmark …
- AgribusinessAgricultureEastern AfricaEconomyFinance & ServicesKenyaMarkets
Williamson Tea and Kapchorua Tea Post Sharp Profit Declines
Two of Kenya’s oldest tea producers, Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc, have reported significant drops in profit for the financial year ending 31 March …
- Banking, Finance & InvestmentEastern AfricaInsuranceKenyaSecurityTransportation & Logisitics
Court Clears Wells Fargo in ₦253 Million Moyale Heist Case, Blames Equity Bank for Security Lapses
A Kenyan High Court has ruled in favour of security firm Wells Fargo Limited in a case involving the theft of KSh 47 million (about ₦253 million) during a 2019 cash …