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In a significant step toward modernizing Kenya’s governance and economic landscape, President William Ruto on Wednesday signed into law seven critical bills at State House, Nairobi. These laws, which span tax reform, infrastructure management, anti-corruption measures, and business regulation, are designed to align Kenya with global best practices while fostering local development and governance efficiency. […]

Driving Climate Solutions Across Sub-Saharan Africa Catalyst Fund, a leading Kenyan pre-seed accelerator, has been awarded over KSh 33 million as part of the 2025 phase of the Empowering Sustainable Entrepreneurship in Africa program. This initiative is spearheaded by Village Capital, a global leader in impact-focused capital allocation, and supported by the Norwegian Agency for […]

The Black Founders Fund (BFF) Alumni Summit, held on November 27, 2024, at iHub in Nairobi, showcased the profound achievements of Black-led startups across Africa through its annual BFF Impact Report. The report celebrated the strides made by these startups, highlighting $379 million in funding raised, the creation of 6,000 new jobs, and an impressive […]

Kenyan Savings and Credit Cooperative Organizations (SACCOs) have emerged as a critical financial lifeline for borrowers in the face of persistently high interest rates from commercial banks. Despite three consecutive reductions in the Central Bank Rate (CBR) by the Central Bank of Kenya (CBK) to the current 11.25%, commercial banks have been slow to reduce […]

The Kenyan government has announced plans to issue a Sh500 billion diaspora bond to finance the modernization of Jomo Kenyatta International Airport (JKIA) and other key infrastructure projects. This decision comes after the cancellation of a controversial deal with India’s Adani Group, which had initially been tapped for the airport’s redevelopment. A Strategic Shift in […]

KenGen, Kenya’s leading power producer, is embarking on an ambitious ten-year strategy that aims to add 1,500 megawatts (MW) to the national electricity grid, significantly boosting the country’s energy capacity. To finance this large-scale project, KenGen is seeking to raise approximately $4.2 billion (Sh590 billion). This major initiative is part of KenGen’s efforts to secure […]

Executives at Safaricom Ethiopia, a subsidiary of Kenya’s telecommunications giant Safaricom, have expressed concerns over what they describe as “monopolistic practices” by Ethio Telecom, Ethiopia’s state-owned telecom provider. In a recent meeting with Ethiopian lawmakers, Safaricom executives emphasized the need for equal access to open platforms and more competitive policies to ensure a level playing […]

Overview of Base Titanium’s Operations in Kenya Base Titanium, a Kenyan subsidiary of Australia’s Base Resources, has announced its plans to wind down operations in Kwale County, where it manages the country’s largest mining project. Operating since 2013, the Kwale Mineral Sands Project focuses on extracting ilmenite, rutile, and zircon—critical minerals for industries like ceramics, […]

Kenya’s Special Economic Zones (SEZs) have emerged as critical engines of economic growth, directly creating over 7,000 jobs and contributing KSh 91 billion to the nation’s Gross Domestic Product (GDP) in the last year. These figures, shared by Juma Mukhwana, Principal Secretary for the State Department of Industry, highlight the transformative potential of SEZs in […]