The Central Bank of Kenya (CBK) has introduced a revised Risk-Based Credit Pricing Model (RBCPM) for the banking sector, marking a significant step in fostering greater transparency and accountability in lending. Following an extensive consultation process that began in April 2025, the new framework is designed to promote responsible credit practices by directly linking loan…
Kenya has taken another strategic step in advancing its digital economy through a new partnership with Kuwait. Hon. William Kabogo Gitau announced the collaboration following a meeting with Kuwait’s Charge d’Affaires in Nairobi, Mr. Abdullahi Al-Fahad. The discussions focused on strengthening cooperation between the two nations in digital transformation, with plans to jointly develop digital…
Safaricom PLC has officially hosted its flagship Innovation Day under the theme “Powering What’s Next: AI, Resilience & Sustainable Innovation.” The event brought together at least 100 decision-makers, technology partners, and enterprise customers, reaffirming Safaricom’s ambition to evolve into Africa’s leading purpose-led technology company within the next five years. The forum served as a platform…
Kenya Vehicle Manufacturers (KVM) has resumed production of Volkswagen models at its Thika plant, marking a significant milestone in Kenya’s automotive industry. The renewed partnership between Kenya and Germany signals a fresh attempt by the German auto giant to reclaim market share in a sector largely dominated by used imports. With the assembly of models…
The 2025 Otamatsuri Gaming Convention brought together hundreds of gaming enthusiasts at the Kenyatta International Convention Centre (KICC), transforming the venue into a vibrant hub of competition, creativity, and culture. The annual event, now one of Kenya’s most anticipated pop culture festivals, showcased the growing influence of gaming and entertainment in the country, featuring tournaments,…
Bitget has introduced tokenized stocks to the Kenyan market, giving traders access to leading U.S. companies such as Apple, Tesla, and Amazon through its Onchain platform in partnership with xStocks. This innovation enables Kenyan investors to bypass traditional brokerage channels and directly engage with global equities in a secure, blockchain-powered environment. Through this rollout, Kenyan…
The The Global Energy Alliance for People and Planet (GEAPP)) has appointed Carol Koech as its new Vice President for Africa, effective 1st August. Carol, who previously served as Schneider Electric’s Country President for East Africa and most recently as Strategy Director for Sustainability and Thought Leadership, brings over two decades of experience in driving…
Google has introduced AI Mode in Search for users in Kenya, Nigeria, and South Africa, marking a significant step in transforming how people interact with information online. AI Mode is designed to handle complex, multi-part queries by delivering intuitive responses, enabling users to explore topics in greater depth. This new feature is powered by a…
Lauritz Knudsen Electrical & Automation Company has officially launched its operations in Kenya, marking a significant step in the country’s journey toward smarter, greener, and more connected infrastructure. With a legacy spanning over 70 years and operations across more than 30 countries, the company is bringing advanced low-voltage switchgear, next-generation industrial automation, and intelligent energy…
Standard Bank Group has announced influential changes within its Africa Regions leadership, effective September 1, 2025, affirming its commitment to regional growth and strong governance. Dr. Joshua Oigara is stepping into the role of Regional Chief Executive (East Africa), while continuing as Chief Executive of Stanbic Bank Kenya. His expanded remit, pending regulatory approval, reflects…
