Kenyan fintech leader SasaPay has announced a strategic partnership with investment solutions provider Etica Capital Ltd, aiming to streamline financial transactions and investment opportunities for customers. This collaboration enables SasaPay users to seamlessly transfer funds from their digital wallets to Etica Capital for investment purposes, while also facilitating hassle-free cash-out options directly into their SasaPay […]

Sri Lanka’s Browns Investments has made a significant move into the East African tea market with the acquisition of Lipton Teas and Infusions’ estates in Kenya, Rwanda, and Tanzania. The acquisition, pending regulatory approval, underscores Browns Investments’ strategic expansion beyond its Colombo base. In addition to acquiring Lipton’s tea estates, Browns Investments has also taken […]

Responding to the pressing climate challenges in northern Kenya, USAID has unveiled a targeted $6 million initiative. Aimed at enhancing climate resilience among small businesses and financial institutions, this program addresses the recurring droughts and floods afflicting the region. Part of a broader $38 million effort, this initiative focuses on bolstering resilience in arid and […]

Kenya’s rum market is expected to see substantial growth, with a projected valuation of Sh2 billion ($18.2 million) by 2028, up from Sh1.6 billion ($12.3 million) in 2024, according to industry forecasts. This growth is fueled by a rising preference for premium spirits among Kenya’s urban youth. Captain Morgan, distributed by East African Breweries, leads […]