Airtel Africa Records 408% Profit Surge in Q1 FY2025 as Customer Base increases by 14 million

NAIROBI, Kenya, July 26 – Airtel Africa PLC Group revenue in reported currency increased by 22.4% to $1,415m with constant currency growth of 24.9% for the quarter ended June 30 2025. The performance is attributed to strong operating and financial performance reflecting effective execution of strategy and consistent demand across the African market. East Africa…

Read More

TECNO unveils SPARK 40 Series leading the class with exceptional slimness and performance

The latest line up includes four devices that take SPARK Series to the next level SPARK 40 Pro+, SPARK 40 Pro, SPARK 40 and SPARK 40C each designed to serve the evolving demands of users across global markets. Featuring class leading slimness, flagship-grade AMOLED displays, superior performance and durability, the SPARK 40 Series sets a…

Read More

Kenya’s SMEs Poised for Growth with Renewed Government and Bank Support

NAIROBI, Kenya, June 30 – The Government in liaison with Equity Bank, has committed to supporting Small and Medium-sized Enterprises (SMEs) through enhanced capacity building, improved access to financing and expanded market opportunities. Held at the Kenya Institute of Curriculum Development (KICD) in Nairobi the conference brought together key players from the private and public…

Read More

Standard Chartered Completes Transfer of Wealth and Retail Business to Access Bank PLC

DAR ES SALAAM, Tanzania, June 24 – Standard Chartered has officially handed over its Wealth and Retail Business in Tanzania to Access Bank PLC The hand over is in line with Standard Chartered’s global strategy, aimed at achieving operational efficiencies, reducing complexity and driving scale. In April 2022, Standard Chartered strategically decided to divest from…

Read More

KCB Group Chief Executive Officer Paul Russo elected Chairperson Kenya Bankers Association (KBA)

NAIROBI, Kenya, June 23 – Mr Russo succeeds NCBA Group Managing Director John Gachora who has served as Chairperson since June 2021 the leadership transition comes at a time when the banking industry is placing greater emphasis on its role in supporting growth by expanding access to credit by businesses, individuals and households. During the…

Read More

PROTO, GoBEBA signs a Partnership Agreement to expand Liquefied Petroleum Gas (LPG) access across the country

NAIROBI, Kenya, June 12 – Kenya’s leading energy solutions provider PROTO Energy Limited and GoBEBA Everything Limited an e-commerce platform specializing in bulk utility fulfillment has announced a strategic partnership to enhance access of clean Liquefied Petroleum Gas (LPG) in Kenya. The partnership agreement between the two companies was signed at PROTO’s Energy Headquarters in…

Read More

Bolt rolls out ‘Bolt Comfort’ as it targets 10 percent ride share in bid to capture Premium Market

NAIROBI, Kenya, June 12 – The ride-hailing platform Bolt has launched Bolt Comfort a new ride category designed to meet growing demand for high-quality transport services among Nairobi’s expanding middle class and professional commuters. The service is initially available in high-demand areas within Nairobi and its environs, including Nairobi CBD, Westlands, Kilimani and Jomo Kenyatta…

Read More

Kenya Railways Corporation marks 8th Anniversary of Madaraka Express

NAIROBI, Kenya, June 11 – The Kenya Railways Corporation celebrated the 8th anniversary of the Madaraka Express a milestone event in the transformation of rail transport in Kenya. China’s Ambassador to Kenya, Guo Haiyan, Kenya Railways Chairman Abdi Bare and Managing Director, Philip Mainga graced the ceremony at Nairobi Terminus, Syokimau. The Board Chairman Kenya…

Read More

Coca-cola turns bus rides into bonding moments for passengers on the move this Madaraka Day weekend

NAIROBI, Kenya, May 31 – The campaign dubbed ‘Share a coke’ relaunched in April 2025 brings back the joy of personalized coke bottles and cans featuring real names. ‘Share a Coke’ originally introduced in 2011, the campaign replaces iconic coca-cola logo with names of Kenyans turning every bottle into a personal invitation to connect and…

Read More

Conecta Africa Launches in Nairobi to Transform Startup Support Across the Continent

NAIROBI, Kenya, May 30 – The new initiative aimed at transforming the way early-stage businesses are supported across Africa was officially launched in Nairobi, named Conecta Africa is led by the entrepreneurship platform Bridge for Billions and brings together entrepreneur support organisations (ESOs), policymakers, funders, and corporate leaders from Kenya, Nigeria, Rwanda and South Africa…

Read More