NAIROBI – In a significant move to modernize Kenya’s power infrastructure and support its transition to renewable energy, the Government of Kenya and the French Development Agency (AFD) have joined forces to launch the National System Control Centre (NSCC) project. Valued at Sh12 billion (approximately €94 million), the NSCC is set to become the nerve […]

President William Ruto has unveiled a Sh1.5 billion government plan to construct three additional fish-landing beaches along the shores of Lake Victoria, aiming to accelerate economic transformation in Kenya’s Nyanza region and strengthen food security through sustainable fishing practices (Capital FM). Unlocking the Blue Economy: A Strategic Imperative Lake Victoria, the largest freshwater lake in […]

Investment Overview: Powering the Intelligent Economy Safaricom PLC has announced a landmark commitment of Sh65 billion (approx. $500 million) to develop artificial intelligence (AI) infrastructure across East Africa over the next three years. The announcement, made by Chief Enterprise Business Officer Cynthia Kropac during her keynote at the Connected Africa Summit 2025 in Diani, Kwale […]

East Africa’s Largest AI & Innovation Ecosystem Event The world’s largest tech show brand, GITEX, is making its mark in East Africa. Organised by KAOUN International in partnership with the Office of the Special Envoy on Technology of the Republic of Kenya and Africa’s premier technology catalyst, dx⁵ (pronounced “dx-five”), Ai Everything Kenya x GITEX […]

Valour Inc. has tapped GulfCap Investment Bank (GCIB) as its transaction advisor to cross-list its suite of exchange-traded products (ETPs) on the Nairobi Securities Exchange (NSE). Subject to approval by Kenya’s Capital Markets Authority (CMA), the move will enable Valour’s ETPs to trade in Kenyan shillings, giving East African investors regulated exposure to leading digital […]

Introduction Uganda has just reignited the stalled ambitions of East Africa’s flagship rail initiative. On May 22, 2025, the landlocked country secured an $800 million (Ksh104 billion) financing agreement with the Islamic Development Bank (IsDB) to fund multiple infrastructure projects, chief among them the long-delayed Standard Gauge Railway (SGR) link from Malaba (on the Kenya […]

Introduction: Powering a New Era of Collaboration On June 5, 2025, Nairobi’s Emara Ole-Sereni will host the first-ever U.S.-Kenya Creative Economy Forum, a groundbreaking assembly designed to fast-track strategic partnerships, investment, and innovation across Kenya’s fast-growing creative industries. Co-organized by the U.S. Embassy in Kenya and the American Chamber of Commerce Kenya (AmCham Kenya), the […]

Key Highlights A USD 100 Million Boost for East African Trade Standard Chartered, a global cross-border bank, and British International Investment (BII), the UK’s development finance institution and impact investor, today formalised a USD 100 million trade finance facility to support the trade finance and working-capital requirements of private-sector companies in Kenya and Tanzania (British […]

The Communications Authority of Kenya (CA) has unveiled an ambitious KSh 40 billion (approximately US $270 million) Universal Service Fund (USF) Strategy for 2023–2027, aimed at extending information and communications technology (ICT) services to every corner of the country—urban and rural—by 2027. Director General David Mugonyi officially launched the plan on 20 May during a […]

Introduction As Kenya cements its reputation as East Africa’s digital powerhouse, the Information and Communications Technology Authority (ICTA) has unveiled a hand-picked cohort of 130 bankable technology startups ready to receive funding at the upcoming Connected Africa Summit, scheduled for 26–29 May 2025 at the Diamonds Leisure Beach & Golf Resort in Diani (Ouut, Connected […]