Eastern Africa

The ongoing sim card registration exercise saw telcos lose 124,689 customers in the first three months of this year as the industry regulator commenced the drive to deactivate subscribers with …

The shortage of raw materials to run Rivatex has handed producers in the East African Community (EAC) a major windfall, with the Eldoret-based textile manufacturer now relying on the region …

Global technology company, Mastercard, has signed a three-year partnership with the Kenya Tourism Board (KTB) which seeks to drive the growth of tourism numbers in Kenya by leveraging various Mastercard …

Crossboundary, (CBEA) a Kenya-based Energy Access has raised $25 million to finance solar-powered minigrids across Africa. The funding was raised from ARCH Emerging Markets Partners limited, Bank of America, and Microsoft Climate …

Kenya Airways has launched the country’s first-ever drone cage to be used for training Unmanned Aerial Vehicle pilots. Through its subsidiary, Fahari Aviation, the airline will use the facility for …

The number of Kenyans in need of food aid has now hit 4.1 million as the country feels the effects of below-average long rains in the March-April-May season. The growing …

StanChart ( Standard Chartered Kenya) plans to increase lending to climate-friendly investments amid the transition to low carbon practices.  The lender has said it will offer cheaper credit to customers to adopt …

Billionaire businessman Joe Wanjui has filed a lawsuit seeking to block British multinational Unilever from selling its 52 percent stake in Limuru Tea to a private equity fund as part …

Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%. …

Access Bank Plc has paid a sum of N15 billion to acquire Kenyan lender, Sidian Bank Ltd, owned by Centum Investment Plc. The acquisition amounts to 83.4% equity ownership stake …