Tier one lender Diamond Trust Bank (DTB) will open 17 new branches before the end of the year, in its latest expansion drive. The new branches spread across the country will …
Kenya
- AfricaEastern AfricaKenyaNigeriaTechnologyWestern Africa
Flutterwave debunks money laundering allegations in Kenya.
Flutterwave Payment Technology Limited, a leading Nigerian fintech company, has reacted to media reports that it was involved in an alleged money laundering scheme in Kenya. A statement by the …
- AfricaBusinessEastern AfricaKenya
Kenchic Launches Crispy Chicken as Kenyans Seek ‘Special’ Amid Climbing Food Costs
Kenchic Limited has launched a breaded-chicken range of products, designed to be easy to cook at home and deliver a tasty experience. The products under this range include Crispy Kuku …
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 …
Energy Cabinet Secretary Monica Juma says there is need for Kenya to embrace green energy production in the wake of the skyrocketing fuel prices. Juma who is also the acting …
- Food ProductionKenyaManufacturing & Consumer Goods
Blow as KRA Shuts Down Keroche Breweries in Fresh Tax Dispute
The Kenya Revenue Authority (KRA) has shut down Keroch Breweries again, on claims that the latter had defaulted in their earlier agreement on the settlement of tax arrears. The company …
- AfricaEastern AfricaKenyaTransportation & Logisitics
Kenya Airways sets up hub for training drone pilots
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 …