Simbisa Pays $664,000 for Full Control of Kenya Delivery Arm Kutuma
Simbisa Brands paid $663,882 for the remaining 25% of Kutuma Kenya, its delivery arm, as delivery hits 27.4% of Kenyan turnover and a marketplace push looms.
Topic
Kenya
Topic
Kenya
Postbank's 600 Outlets Join PesaLink in Push Against M-PESA
Postbank has opened 600+ outlets to other banks' customers via PesaLink, lifting the network to 80 institutions — but split prici…
Kenya's Tier-1 Banks Post Five Straight Profitable Years
No tier-1 Kenyan bank lost money in five years. Pre-tax profits hit $2.36 billion in 2025 as lenders leaned on Fuliza overdrafts…
BII’s $6.7 Billion Africa Strategy Puts Kenya in Focus
British International Investment will deploy about $6.7 billion and mobilize up to $5.3 billion in private capital, with Kenya ce…
A Ksh1 Million Horse, Ksh100,000 a Month: Inside GallopGo Stables
GallopGo Stables pays Ksh1 million per horse and Ksh100,000 monthly upkeep, yet earns Ksh50,000-100,000 on good days from rides,…
Rivian Spinout Also Quietly Shelved Its Kenya Electric Motorcycle Pilot
Also, spun out of Rivian in 2025, dropped a Shell Foundation-backed Kenya e-moto pilot to focus on its TM-B e-bike and DoorDash a…
Kenya’s goat herd grew 9.8% as Mutitu created more than 20 jobs
Kenya’s goat herd reached about 38.4 million in 2024, up 9.8%, according to KNBS. Mutitu Goat Farm has created more than 20 jobs…
NGO Funding Cuts Hit Women Entrepreneurs in Kenya's Kakuma Camp
A Daily Nation report examines how NGO funding cuts are hurting women entrepreneurs in Kenya's Kakuma refugee camp. Full article…
Kenya's Ksh5 Billion NYOTA Programme Targets Young Entrepreneurs
President William Ruto has unveiled an expanded youth jobs plan built around the Ksh5 billion NYOTA programme, which targets youn…
Dangote Breaks Ground on $16 Billion Refinery in Kenya
Aliko Dangote and five African heads of state break ground on a $16-billion, 700,000-barrel-per-day refinery in Lamu, Kenya, amid…
Dangote to Break Ground on $16bn Kenya Refinery November 1
Aliko Dangote and President William Ruto break ground on a $16bn, 700,000-barrel-a-day refinery in Lamu on 1 November, Kenya's bi…