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 […]

A groundbreaking report from the e-commerce giant Jumia has officially declared rural Kenya as the new frontier for digital commerce, revealing a profound and historic shift in consumer behavior across the nation. The report, titled E-commerce in Rural Kenya: Expanding Access, Driving Inclusion, Connecting Border to Border, shows that the country’s vast network of counties […]