The Nairobi Securities Exchange of Kenya and the National Securities Exchange of Somalia have forged a transformative partnership that promises to reshape East Africa’s financial landscape, marking an unprecedented collaboration between one of the continent’s most established stock markets and its newest bourse. The Memorandum of Understanding signed between the two institutions establishes a comprehensive […]

Kenya has officially cemented its position as a rising force on the global economic landscape, making a landmark debut in the International Institute for Management Development (IMD) World Competitiveness Ranking (WCR) 2025. The results, published by the IMD World Competitiveness Center, have placed Kenya as Africa’s Most Competitive Economy, securing the 56th position globally out […]

Kenya has officially launched a transformative $1.5 billion highway expansion project with two Chinese state-owned firms, marking a significant realignment in the country’s infrastructure financing strategy following the collapse of U.S.-backed development initiatives. The groundbreaking ceremony held on Friday represents Beijing’s return to major infrastructure development in East Africa after years of cautious lending, while […]

Mars Wrigley has unveiled a transformative $33 million investment in its Kenyan operations, launching a state-of-the-art sugar-free gum production line at its Athi River facility that marks a strategic break from the confectionery giant’s long-standing reliance on European manufacturing. The Sh4.3 billion commitment over the next three years represents a significant vote of confidence in […]

Kenya Power has launched a nationwide deployment of Optical Character Recognition (OCR) technology to revolutionize how the utility reads electricity meters and generates bills for its 1.8 million postpaid customers. The automated system, which allows meter readers to scan meter displays instead of manually keying in readings, represents a major milestone in the company’s ongoing […]

President William Ruto and Malaysian Prime Minister Dato’ Seri Anwar Ibrahim formalized a comprehensive bilateral partnership on Monday, November 24, 2025, at State House in Nairobi, marking a significant milestone in Kenya-Malaysia relations and opening substantial new economic opportunities for Kenyan agricultural exporters. The agreements reached during the high-level talks encompass trade liberalization, technology transfer, […]

The World Bank has revised Kenya’s economic growth projection for 2025 upward to nearly 5 percent, citing encouraging signs of recovery in the construction sector across East Africa’s largest economy. This upward revision, announced on Monday, November 24, 2025, represents a significant boost to Kenya’s economic outlook and reflects improving conditions in key industries that […]

President William Ruto has declared Kenya’s remarkable economic transformation, announcing that the East African nation has risen from the precipice of financial collapse in 2022 to claim its position as Africa’s sixth-largest economy, with a gross domestic product that has surged to $136 billion from $115 billion just three years ago. This dramatic turnaround represents […]

Safaricom PLC, East Africa’s leading telecommunications provider, has received critical regulatory approval from the Capital Markets Authority to establish a Sh40 billion Medium-Term Note (MTN) programme, marking a significant milestone in the company’s ambitious expansion strategy across the region. The approval positions the telecommunications giant to raise substantial long-term capital through Kenya’s debt market to […]

President William Ruto has announced that the World Bank has endorsed Kenya’s ambitious plan to establish a National Infrastructure Fund aimed at expanding the country’s road and rail networks, irrigation systems, and energy generation capacity. The announcement came following a meeting with World Bank Africa Executive Director of Africa Group One, Zarau Kibwe, at State […]