Tuesday, February 3, 2026
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Peninnnah M

LG, Avana Laundromat and Hotpoint ink financing deal for entrepreneurs eyeing laundry market

Entrepreneurs eyeing the fast-growing on-demand laundry market can now access financing of up to KSH 1.5 million to set up their first laundromat. This follows a new partnership between Consumer appliances manufacturer LG Electronics, Avana Laundromats, and Home appliances distributors...

Equity Group commits $1.6Billion for DR Congo investment by Kenyan companies

26 Kenyan companies have committed trade investments worth $1.6Billion in the Democratic Republic of Congo. The 26 traders are part of the Kenya delegation that participated in last year’s Kenya-DRC Trade Mission organized by the Government of Kenya and...

Private Sector Calls for Cross-Sector Collaboration in Fight Against Drought

The private sector has urged co-operation with the public sector, media, and civil society to find long-term drought mitigation measures. The sentiments were made during the launch of the ‘Pamoja Tuungane’ campaign aimed at rallying Kenyans to support those suffering from...

Family Bank acquires ksh 1.5 billion to fuel SMEs growth

Family Bank has acquired a KES 1.5 billion loan portfolio guarantee facility from the African Guarantee Fund for Small and Medium-sized Enterprises (AGF) to increase its loan book to micro, small and medium-sized enterprises, women-led businesses, and climate-friendly investments. In...

Government, Firms step up Cyber Insurance as Criminals Target Suppliers

The Kenya government and local technology firms see taking up cyber insurance as a key measure in the process of heightening surveillance and protection of their critical networks and infrastructure amid a rising threat from cybercriminals targeting suppliers. Known...

Lipa Later appoints Tom Gong, Co- Founder AliExpress as new CTO

Lipa Later, the first of its kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda, and Nigeria, has appointed a new Chief Technology Officer. Tom Gong, Co-Founder AliExpress and former Technical Program Manager for Google Wallet, will be joining...

How Africa is achieving equitable and effective food system transformation

Food systems in Africa are transforming at a rapid rate. However, while it’s important to encourage and drive change, it’s also vital to ensure such transitions are inclusive, equitable, and resilient. To highlight challenges, assess options, and discuss potential strategies...

Independent Post-Retirement Medical Schemes to be licensed – RBA

Post-retirement medical schemes can now be registered and regulated without the need to be entrenched in pension funds in a regulatory move aimed at enabling more people to access quality healthcare services after retirement. The Retirement Benefits Authority has...

Tech Leaders Root for Public -Private Cooperation to Beat Cyber-Crime

A strong collaborative framework and adhering to global quality standards is the future way of managing Kenya’s cyber-crime threats. This is the position taken by technology leaders and regulators meeting at this year’s edition of the annual ISACA Conference...

LinkedIn ranks Safaricom as the top company in Kenya

Safaricom (NSE: SCOM) has emerged as the top company in Kenya in the just-released LinkedIn 2022 Top Companies ranking. The ranking demonstrates an organization’s dedication to a better world of work and exhibits this through excellent Human Resource policies and people...

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Absa Group CEO affirms Kenya’s position as a regional financial hub during three-day visit

Absa Group Chief Executive Officer, Kenny Fihla, is on a three-day working visit to Kenya marked by engagements with...
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