In a significant boost for Kenya’s mining sector, Marula Mining PLC (AQSE: MARU | A2X: MAR) has announced a major logistics agreement that will streamline the export of manganese ore from its Kilifi Manganese Processing Plant. The deal, signed with Scan Global Logistics Kenya Limited (SGL Kenya), marks a strategic milestone in Marula Mining’s operations, […]

In a bold move that underscores its commitment to driving financial inclusion and economic growth, Ecobank Kenya has strengthened its capital base with a Ksh3.5 billion (approximately USD 27 million) injection. The recent capital boost brings the bank’s total capital to Ksh8.5 billion (around USD 65 million), setting it well on track towards achieving the […]

In a landmark move that underscores Kenya’s rising prominence as an industrial powerhouse in East Africa, Centum Investment Company PLC and ARISE Integrated Industrial Platforms have joined forces to launch a $3 billion initiative to develop the Vipingo Special Economic Zone (VSEZ). This groundbreaking project is poised to create 500,000 jobs, transform the Kenyan coastal […]

In a significant boost for Africa’s evolving logistics landscape, Kenyan-based supply chain and logistics SaaS provider Leta has secured $5 million in seed funding to scale its AI-driven platform. The funding round, led by European venture capital firm Speedinvest and bolstered by investments from Google’s Africa Investment Fund and Equator—a climate tech fund focused on […]

In a landmark move aimed at driving innovation, economic growth, and sustainable development, Kenya has reaffirmed its commitment to deepening ties with Dutch investors across several key sectors, including sustainable mobility, agribusiness, renewable energy, and healthcare. At a high-level event held on March 19, 2025, at the Netherlands Business Hub, Kenya’s top officials, led by […]

Kenya is once again turning to the International Monetary Fund (IMF) for assistance as its fiscal challenges deepen. The East African nation, grappling with a widening budget gap and a failure to meet crucial fiscal benchmarks, has decided to forego the final review of an existing four-year credit facility that would have unlocked an additional […]

In a groundbreaking collaboration that exemplifies the power of digital financial inclusion, M-KOPA and Turaco Insurance Agency have reached an impressive milestone: providing free hospital cash insurance to over 1 million Kenyans in just one year. This innovative initiative, embedded in M-KOPA smartphones at no extra cost, forms a core part of M-KOPA’s “More Than […]

In a landmark move poised to reshape the global startup landscape, the Startup 360 Connect Program now offers Kenyan and East African entrepreneurs a golden ticket to enter the UK market. Backed by the UK Government, this ambitious initiative is designed to empower high-potential startups by providing them with access to investors, seasoned mentors, and […]

In a bid to transform Kenya’s creative and cultural landscape, HEVA Fund has unveiled a groundbreaking investment of $5 million (approximately Ksh.647 million) aimed at providing tailored financial solutions to the country’s vibrant creative sector. Launched on March 12, 2025, this first-of-its-kind initiative—dubbed Ota Kopa & Ota Kopa Plus—seeks to empower over 7,000 young creatives […]