Kenya

Kenya’s business confidence continues to decline two months before the General Elections scheduled for August 8, the Stanbic Bank Purchasing Managers’ Index (PMI) has revealed, noting that the issue has …

The Central Bank of Kenya Governor Dr. Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a shortage of dollars affects their …

Tea prices at the Mombasa auction below the set minimum price as demand remains subdued at the weekly trading with the onset of summer in key export markets. The price …

KenGen, Kenya’s energy company has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the capital, Nairobi. The energy company reached out …

A Nigerian startup, HumanSquad automating immigration requests and processes, has raised an undisclosed amount in pre-seed funding. Tunde Omotoye, Co-founder and CEO of the company disclosed the news and says …

Beginning june 3, Swvl an Egyptian ride-hailing service says it will suspend the daily intra city rides in Kenya citing the global economic downturn. The firm which has operated since …

Kenya’s inflation rose to a new two-year record of 7.1 per cent in May as the cost of food and beverages continues to rise sharply partly affected by the war …

SeamlessHR hosted its partners in Nairobi, Kenya announcing a $10 million funding round in January. The company is ambitiously building to become Africa’s first billion-dollar SaaS Company and is moving …

Central bank of Kenya unexpectedly raised its key interest rate for the first time in almost seven years to anchor inflation expectations as concerns about commodity prices build.  The monetary …

Pump prices have shot to historic highs, with a litre of super petrol and diesel jumping by Ksh5.50, signaling a further increase in the cost of basic goods and services. …