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DIB Bank Kenya named the Best Overall Islamic Bank in Kenya

DIB Bank Kenya Limited, a subsidiary of Dubai Islamic Bank PJSC, has been named the Best Overall Islamic Bank in Kenya at the prestigious Islamic Finance News (IFN) Awards for the year 2022. The Award ceremony, held in Dubai -...

Enwealth Umbrella Fund gets RBA approval to receive NSSF Tier 2 contributions

Enwealth Umbrella Fund has been approved by the Retirement Benefits Authority (RBA) to manage Tier 2 NSSF contributions from employers who opt out of the state pension fund.  Enwealth Financial Services is among the first pensions administrators in the...

Prosper Africa and U.S. Embassy Kenya announce $55m at the launch of the U.S.-Kenya Business roadshow in New York City

Today, the U.S. Government’s Prosper Africa initiative and Embassy in Kenya convened leading businesses and investors in New York City, along with a delegation of Kenyan government officials, to kick off the 2023 U.S.-Kenya Business Roadshow. Participants included the...

I&M Bank to promote recycling in partnership with Africa’s largest E-waste firm

 I&M Bank Limited has partnered with Africa’s largest electronic waste management company, Waste Electrical and Electronic Equipment (WEEE) Centre to promote responsible e-waste disposal and recycling. The partnership between I&M Bank Limited and WEEE Centre will facilitate the responsible disposal...

OPPO Kenya opens biggest OPPO Service Center in East Africa

OPPO, the leading global smart device brand, is set to open its biggest Service Centre in Nairobi, Kenya. The opening of the OPPO Service Centre reaffirms the importance of Kenyan market to OPPO’s global strategy as it takes a...

TC New Shares begin trading at the NSE

TransCentury Group Plc (TC) is delighted to announce the commencement of trading of its new ordinary shares from the recently concluded rights issue on the Nairobi Securities Exchange (NSE) starting from April 26th, 2023. The rights issue generated funds...

G4S becomes official partner of UPS in Kenya for courier services

G4S Kenya, the market leader for courier services in the country, and UPS (NYSE: UPS), one of the world’s largest companies and global leader in logistics, announced an exclusive partnership for domestic courier and logistics services. Kenyan businesses of all...

Absa Life Assurance Kenya profit before tax rise 85% to KES 568.6 million

Absa Life Assurance Kenya (Absa Life), a leading and fast-growing life assurance company, has reported an 85% increase in profit before tax to KES 568.6 million for the financial year ended 31 December 2022, driven by double-digit growth in...

Unilever launches Emerge Supplier Acceleration Programme to work with diverse suppliers and minority-owned businesses

Unilever has launched Emerge Supplier Acceleration Programme aimed at integrating more diverse suppliers and minority-owned businesses in it’s supply chain. The platform is a gateway for people to grow their own business and make a wider economic contribution. The...

Kenya’s Avenue Group receives $12.7M investment from IFC

Avenue Group Limited (“Avenue” or “the Group”), an Evercare Group company, today announced an investment from IFC that will support the Group’s strategy to grow its healthcare offering and boost its patient reach across the country over the next...

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Noah Okaya: University students funding

I got a calling letter to join Moi University in 1996. Back then, joining a public university was a...