Nairobi is the second-best city for startup ecosystem in the continent, slightly behind Lagos at first position. Capetown follows at third with Cairo at fourth. A ranking by Startup Blink puts the Kenyan city at 7.92 points and Lagos at 8.044, based on the quality of startups, business...
Kenya’s Stock Market Ranked Sub-Saharan Africa’s Best Performer in the Past Decade
by Miriam Wangui
January 3, 2020
The Nairobi Securities Exchange (NSE) emerged as the best performing stock exchange market in Sub-Sahara Africa in the last decade beating its rivals, the...
Architectural Impression
Mombasa is set for a new proposed satellite city backed by the Turkish African Business Authority (TADA).
Designed by Turkish architectural firm AS architects, the satellite city master plan features a mixture of commercial, residential and recreational uses on an area...
Kenya Airways (KQ) has partnered with British Airways, in a move that is aimed at ensuring their customers have a smooth travel experience when using the two airlines.
As reported by Capital Business, the partnership will allow Kenya Airways customers to access British Airways’ extensive...
by Mwakaneno Gakweli
December 19, 2019
Kenya bagged 42nd position in the Global Fintech Ranking by Findexable. The country ranked second in Africa, just a few points behind South Africa which took the leading position. Global Fintech Index by Findexable recognized Kenya’s efforts in...
Danish Brewing Company E.A Limited is planning to set up a KSh4.59 billion production facility to cement its position in Kenyan Market.
Moreover, the firm has intensified expansion plans with the new facility having a capacity of 12-15 million bottles annually.
Danish Brewing – subsidiary of...
A report by I&M Burbridge Capital shows that Kenya is leading East Africa nations in corporate deals.
As reported by the East Africa Financial Review, there were 9 disclosed corporate transactions in November valued at $35.6 million.
Moreover, total deal value and volume for the year to date...
by Mwakaneno Gakweli
November 26, 2019
Kenya has ranked 12th in Sub-saharan Africa and 113th in the world in the recent Legatum 2019 Prosperity index. The country’s 2019 performance dropped from 2018’s 112th position.
Nevertheless, Kenya showed improvement in market access and...
Harambee Starlets thrash Djibouti to storm Cecafa semis
In Summary
Jentrix Shikwanga was the star of the game as she bagged for four goals, while fellow striker Mwanalima Adam and Mercy Airo scored hat tricks each in the lopsided encounter.
Harambee Starlets on Tuesday sailed into the...
The Global Credit Ratings (GCR) announced the review of Kenya Reinsurance Corporations Limited under the new criteria released in May 2019.
This has seen Kenya Re’s Financial Strength Ratings revised to AA+ as compared to ratings of AA in 2018 with a stable outlook. Furthermore, the...
November 11, 2019
Africa is quickly accommodating the tech industry as tech hubs have increased in the continent. Even global tech giants have expanded into Africa and set up their development centres. This has led to an increase in local software engineering talent.
Microsoft is one example...
India, China in battle for Kenya’s smartphone market
by Jackson Okoth
Kenya’s bubbling smartphone market is set to be stirred following the entry of Global technology giant Vivo, the fifth-largest smartphone maker in the world and the second in Asia. The Indian firm plans to launch a...
Amazon To Set Up Edge Location in Kenya
Amazon Web Services, the cloud computing arm of US E-Commerce giant Amazon has announced plans to establish a new edge location in Nairobi. The new addition will be Amazon’s third location in Africa in addition to the other two in South African cities...
Apple’s latest iPhone 11 range has hit Kenyan stores with 1,000 pre-orders made within 15 days of its introduction.
Official distributor Redington Kenya Tuesday said the iPhone 11 Pro and iPhone Pro Max series had “a good reception” and expected demand to rise as more handsets are stocked in...
I'm amazed how the TZ media wastes time to interview and at the same time ridicule a man attacked by bees instead of holding their government to task. This confirms how the Tz journalists are less professional as compared to their Kenyan colleague.
Watch the video attached.
Kenya’s ranking in the World Bank’s Ease of Doing Business (EODB) index has improved to position 56 globally with a score of 73.
According to the report, released on Thursday by the World Bank, Kenya pursued reforms thus boosting the ease of doing business.
Furthermore, the modification such...
Kenya Electricity Generating Company PLC (KenGen) has clinched a Ksh 5.8 billion contract to drill 12 geothermal wells in Ethiopia.
The contract with Ethiopia’s independent power producer Tulu Moye Geothermal Operations (TMGO) PLC will also include installing a water supply system and...
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