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BBOXX raises $20 million to expand operations in East Africa

By Kenya / August 31, 2016

BBOXX, an off-grid solar company, has signed a $20 million Series C investment from co-investors MacKinnon, Bennett & Company (MKB), ENGIE Rassembleurs d’Energies and KawiSafi Ventures, as well as existing investors Khosla Impact Fund, Bamboo Finance and DOEN Foundation to increase its presence in Kenya and Rwanda. The Kigali-headquartered firm owns and operates retail distribution networks and after sales […]

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You can now buy KQ air tickets using Equitel line

By Kenya / August 25, 2016

Equitel customers can now buy KQ air tickets conveniently through their phones after Equity Bank Limited and KQ entered a new partnership. This comes after Equitel recorded a huge growth of 6,470% in loan disbursements since its launch in July 2016. According to Equity Group Holdings CEO Dr. James Mwangi, the platform has processed loans […]

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The Sixth Tokyo International Conference on African Development to be hosted in Kenya

By Kenya / August 22, 2016

African and Asian Presidents and  heads of state and government,  private sector representatives, international organizations and civil society will converge in Nairobi, Kenya between  27th and 28th August 2016 for the 6th Tokyo International Conference on African Development (TICAD), to identify common priorities for accelerating sustainable development, including the growing role of the private sector in driving progress on […]

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Nairobi Securities Exchange grew on the back of Safaricom stock gain

By Kenya / August 22, 2016

Last week, the market capitalisation of the Nairobi Securities Exchange grew by Sh42 billion  on the back of a gain on the Safaricom stock. The market cap of the bourse stood at Sh2.113 trillion on Friday, with its gain tracking that of Safaricom whose market cap was up by Sh50.1 billion to Sh851.4 billion after the […]

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Two Rivers mall launching in a few days

By Kenya / August 22, 2016

Two Rivers mall, a mega project funded by Centum Capital,  will finally launch it’s operations within a few days. This will mark an end to the long wait and anticipation. Previously, the mall opening was postponed twice because of expansion works of the original retail space. The shopping complex was initially to cover a total of […]

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More than 100 Schools also burnt in Kenya

By Kenya / July 17, 2016

More than a hundred secondary schools in Kenya have been burnt since early June, amid a government crackdown on cheating on national exams. The conflagrations, which reportedly have caused some injuries but no fatalities, have heated up conflict between authorities and educators, even though the perpetrators and their motive for setting the fires remain unclear. This week, with […]

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Kenya Win their First Sevens World Series Title after 140 Tournaments

By Kenya / April 18, 2016

March 17, 2016 marked an important day for Kenya Sevens Rugby Team and Kenya at large. The team beat Fiji to win their first Sevens World Series title after 140 tournaments. This makes Kenya the second Africa country after South Africa to win a World Series leg. Kenya beat Fiji 30-7 to gain to the […]

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Five Suitors Lined Up to Buy Chase Bank

By Kenya / April 16, 2016

According to the latest statement by Central Bank of Kenya (CBK), there are five suitors seeking to buy Chase bank, which was placed under receivership earlier this month. We have received upwards of five institutions, both local and international, wanting to buy the bank. We are evaluating this interests,” said Dr. Njoroge during a press […]

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First Mercedes Maybach in Kenya!

By Kenya / April 16, 2016

Business Mogul Chris Kirubi becomes the first Kenyan to own a Mercedes Maybach Chris Kirubi, one of the richest persons in Kenya, has blown 40 Million shillings on a Mercedes Maybach Benz, making him the very first Kenyan to own the luxury car. This car is mostly used by heads of states in developing countries, […]

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