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Pepsi Kenya Secures Beverage Supply Deal with Skyward Airlines

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Pepsi Beverages Kenya has entered into an exclusive partnership with Skyward Airlines to supply its full range of beverages on all the airline’s routes. This agreement marks a strategic step for Pepsi as it continues to expand into new consumer channels and strengthens its footprint within Kenya’s growing travel and aviation market.

Under the deal, Pepsi products including Mirinda, Mountain Dew, 7UP, Sting, and Aquafina will be the only soft drink and water options available on board Skyward flights. This exclusive arrangement not only gives passengers more variety in quality beverages but also places Pepsi at the heart of the passenger experience in the skies.

Skyward Airlines operates approximately 547 flights each month, carrying around 26,000 passengers across 11 domestic and regional routes. The partnership ensures that each of these passengers, whether traveling for business or leisure, is served with Pepsi’s globally recognized beverage brands. This makes the deal significant in positioning Pepsi products within an industry where in-flight services play a critical role in customer satisfaction.

For Pepsi, this partnership comes at a time when Kenya’s travel market is expanding, with passenger traffic totaling 5.32 million in 2024 according to government data. By tapping into the aviation sector, Pepsi is aligning its strategy with emerging consumer habits while also strengthening its visibility among travelers who are constantly on the move.

John K’Otieno, Pepsi Kenya’s Country Manager, emphasized the shared vision behind the partnership, noting that both Pepsi and Skyward Airlines are committed to growth, innovation, and delivering premium experiences. Through this collaboration, Pepsi ensures its products become part of the journey for families, professionals, and tourists traveling across Kenya and beyond.

For Skyward Airlines, the deal adds value by offering passengers a trusted and familiar beverage choice, further elevating the overall in-flight experience. In a highly competitive domestic aviation market that includes key routes such as Nairobi–Mombasa, Nairobi–Lamu, and Nairobi–Dar es Salaam, the partnership highlights how thoughtful collaborations can set airlines apart while creating new growth opportunities for consumer brands.

Mohammed Nyaoga Named New Chairman at Absa Kenya Board

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Absa Bank Kenya PLC has announced the appointment of Senior Counsel Mohammed Nyaoga as the new Chairman of its Board of Directors, effective 1 October 2025. He takes over from Charles Muchene, whose distinguished nine-year tenure as Director and Chairman concludes on 30 September 2025. This transition marks a pivotal moment for the bank as it ushers in a new phase of leadership and governance.

Nyaoga brings over four decades of experience in corporate finance, civil and commercial litigation, and corporate governance. His impressive career includes serving as Chairman of the Central Bank of Kenya (CBK), Ecobank Kenya, and the IMF External Experts Panel in Washington. He currently chairs the African Development Bank Group’s Disclosure and Access to Information Appeals Panel, demonstrating his broad influence in both local and international governance frameworks.

Beyond his leadership roles, Nyaoga is a certified director and governance trainer who has facilitated board training sessions globally, including at the University of Cambridge, Oxford, and IMF regional forums. He is also a Senior Partner at Mohammed Muigai LLP and has been instrumental in shaping legal reform and governance practices in Kenya and beyond. His appointment signals a renewed emphasis on strong governance as the financial landscape continues to evolve.

Absa Bank Kenya paid tribute to outgoing Chairman Charles Muchene, acknowledging his critical role in guiding the institution through defining moments that strengthened resilience and supported long-term growth. Under Muchene’s stewardship, Absa reinforced its position as a leading financial services provider in Kenya. He expressed pride in having led the bank during a transformative period and shared his confidence in Nyaoga’s ability to steer the bank into the future.

In his remarks, Nyaoga expressed his honour at the appointment and outlined his vision for the bank’s continued growth. He highlighted that the rapidly evolving financial sector requires strong governance and a deliberate focus on delivering sustainable value to customers, shareholders, and communities. His leadership will be vital in advancing Absa’s strategic priorities while aligning with the changing needs of the market.

The leadership transition at Absa Kenya reflects the bank’s commitment to resilience, governance, and sustainable growth. With Nyaoga at the helm, Absa is poised to continue delivering innovative financial solutions while upholding trust and accountability in the industry. This appointment also reaffirms the importance of experienced leadership in navigating the complexities of modern banking in Kenya and across the region.

Odoo Prepares to Roll Out Version 19

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Odoo is marking its third year of operations in Kenya with a major milestone: the upcoming launch of Version 19 of its all-in-one business software application. Set to be unveiled later this year at the flagship Odoo Experience in Belgium, the new version promises significant updates across core applications with a focus on user experience, automation, and accessibility. For SMEs, this means faster, smarter tools designed to keep them ahead in an increasingly competitive digital marketplace.

The company’s growth in Kenya has gone hand-in-hand with its commitment to building strong local partnerships. Odoo recently established a dedicated partner management department in Nairobi to support independent companies reselling and implementing its solutions. This strategic move underlines Odoo’s vision of expanding its ecosystem while ensuring that Kenyan businesses benefit directly from its global expertise.

Beyond partnerships, Odoo’s expansion in Africa has had a tangible economic impact, including job creation. In 2025 alone, over 30 new positions have been opened, increasing the workforce to more than 140 employees. This not only strengthens the company’s footprint in the region but also supports Kenya’s wider digital transformation agenda through skills development and employment opportunities.

Compliance and trust remain central to Odoo’s operations. Since its official registration with Kenya’s Office of the Data Protection Commissioner in 2022, Odoo has ensured full alignment with the Data Protection Act, giving businesses confidence that their sensitive data is handled securely. This assurance is particularly crucial in an era where digital trust defines long-term success.

Innovation has also been at the heart of Odoo’s local operations. By partnering with DPO Pay, Odoo has enabled businesses to seamlessly accept digital payments without leaving the software environment, removing a significant barrier for SMEs navigating e-commerce. Furthermore, with government-driven initiatives such as e-TIMS gaining momentum, Odoo integrated tools to help businesses generate compliant invoices and POS transactions automatically, reinforcing its position as a reliable business partner.

Odoo continues to invest in community empowerment through initiatives like the free Odoo Academy workshops held weekly in Nairobi. More than 1,000 participants have already benefited from these hands-on sessions, gaining practical skills in applications such as Accounting, HR, Inventory, and E-commerce. Combined with business shows across over 30 African countries, Odoo’s efforts showcase a vision that goes beyond software—it is about building an empowered business community ready to embrace digitization.

Kenya Introduces KESONIA as New Interbank Rate Benchmark

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The Central Bank of Kenya (CBK) has ushered in a landmark reform in the domestic financial system with the launch of the Kenya Shilling Overnight Interbank Average (KESONIA). Effective September 1, 2025, KESONIA introduces a standardized benchmark for overnight interbank lending rates, significantly improving transparency, efficiency, and stability within Kenya’s money markets. This marks a critical step in aligning Kenya’s financial framework with international best practices.

For decades, overnight lending among commercial banks has been a key measure of liquidity in Kenya’s interbank market. However, the absence of a formalized benchmark created inconsistencies, making it challenging for market participants and policymakers to gauge short-term borrowing costs with clarity. KESONIA bridges this gap by offering a transparent and reliable reference rate, streamlining market operations and enhancing the ability of stakeholders to make informed decisions.

Early performance indicators suggest smooth adoption of the new benchmark. By September 11, 2025, KESONIA stood at 9.45 percent, slightly below the 9.48 percent recorded the previous week. Interbank activity also demonstrated resilience, with average daily transactions rising to 21 from 20, while the traded value remained steady at KSh 11.4 billion. These figures underscore that the new rate has integrated seamlessly into market operations without disrupting liquidity conditions.

Beyond technical adjustments, CBK positions KESONIA as a vital monetary policy tool. The benchmark strengthens the monetary policy transmission mechanism by providing clearer pricing signals for banks and supporting predictability in interest rate movements across the broader economy. This impacts a wide spectrum of financial instruments, from government securities to private sector credit, ultimately enhancing economic stability and growth prospects.

Investor confidence also stands to benefit significantly from this reform. Benchmark rates are widely recognized as indicators of financial market health. With a credible and transparent interbank reference rate in place, Kenya strengthens its financial market reputation, boosting domestic and international investor trust. This enhances Kenya’s ability to attract foreign capital flows and deepens participation in domestic financial markets.

The success of KESONIA will hinge on its acceptance and consistent performance over time. If effectively managed, it could serve as the cornerstone of Kenya’s short-term money market, much like LIBOR and SOFR in global markets. By introducing KESONIA, CBK is laying a strong foundation for a modernized financial system that supports sustainable economic growth, fosters resilience, and places Kenya firmly on the path to financial innovation.

Sanlam Kenya Set to Rebrand as Sanlam Allianz

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Sanlam Kenya Plc has announced plans to hold an Extraordinary General Meeting (EGM) on 9 October 2025 to seek shareholder approval for a rebrand to Sanlam Allianz Holdings (Kenya) Plc. This strategic move reflects the company’s new identity under the SanlamAllianz joint venture, marking a significant milestone in reshaping its future direction within the financial services industry.

The rebrand comes after Jubilee Holdings’ full exit from the general insurance space, following the sale of its remaining stakes in Jubilee Allianz subsidiaries across Kenya, Uganda, and Mauritius, along with additional shares in Burundi and Tanzania. These transactions consolidated SanlamAllianz Africa’s presence in the region, underscoring its commitment to scaling operations and expanding influence in East Africa’s insurance sector.

Allianz first entered the region in 2020 by acquiring majority stakes in Jubilee’s general insurance units valued at KSh 10.8 billion, providing Jubilee with KSh 7.75 billion in cash. Between 2021 and 2022, the phased acquisitions were completed, leading to the businesses rebranding under the Jubilee Allianz name. By September 2023, Sanlam and Allianz formalized their pan-African joint venture—SanlamAllianz—valued at R35 billion (\$2 billion), with equity split 60% to Sanlam and 40% to Allianz.

As part of the consolidation, Sanlam Kenya had earlier transferred its general insurance portfolio, valued at KSh 2.78 billion, to Jubilee Allianz Kenya. Additionally, in 2025, the company conducted a KSh 2.5 billion rights issue that boosted SanlamAllianz and Hubris Holdings’ combined stake in Sanlam Kenya to 71.5%, with approval from the Capital Markets Authority through a takeover exemption. These structural changes strengthen the company’s alignment with its parent joint venture and position it for sustainable growth.

Following this restructuring, Sanlam Kenya will focus exclusively on life insurance, pensions, and investments, while SanlamAllianz will drive the general insurance business across East Africa. This clear delineation ensures sharper strategic focus, better resource allocation, and improved competitiveness in meeting evolving customer needs in both life and general insurance segments.

The rebrand to Sanlam Allianz Holdings (Kenya) Plc represents not only a name change but also a strategic transformation that reinforces the company’s identity as part of a leading pan-African financial services powerhouse. This transition signals a future of stronger market positioning, greater innovation, and expanded opportunities for policyholders and stakeholders in Kenya and beyond.

LG, Safaricom Partner to Boost Kenya’s Gaming Future

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LG Electronics partnered with Safaricom PLC to power the Safaricom Gaming Conference, an event that convened gamers, developers, innovators, and industry leaders to explore opportunities shaping the future of gaming in Kenya and across the region. Hosted at the Michael Joseph Centre, the conference attracted hundreds of participants, including gamers from across Africa, who engaged in discussions on emerging trends, opportunities, and challenges within the continent’s gaming ecosystem.

As the official electronics partner, LG East Africa showcased its cutting-edge 4K OLED and QNED TVs alongside its Bluetooth-enabled X BOOM speaker. These innovations gave participants the chance to experience first-hand the combination of immersive sound and stunning visuals, highlighting how world-class technology can elevate the gaming experience. The showcase demonstrated LG’s commitment to delivering dynamic and engaging entertainment solutions designed to match the pace of Africa’s fast-evolving digital lifestyle.

Speaking after the event, Jane Kariuki, LG Electronics Regional Head of Marketing, East Africa, emphasized the importance of the partnership: “We are proud to have partnered with Safaricom to make this conference a success. It was inspiring to see the passion and talent of Kenya’s gaming community and discuss the future of gaming in Africa. Our home entertainment products are designed to deliver an unmatched viewing and listening experience that is both dynamic and engaging, and make it easier for gamers to enjoy their entertainment.”

LG’s OLED and QNED TVs continue to set benchmarks for the global gaming community. With extremely low input lag and a 1ms response time, these models ensure instant responsiveness, while advanced features like Dolby Vision HDR at 4K 120Hz minimize motion blur and ghosting for an unparalleled experience. Built with powerful processors and integrated game optimization tools, LG’s displays provide sharp visuals, high brightness levels, and support for VRR, ALLM, and HGiG—making them a perfect fit for the competitive demands of modern gaming.

From Safaricom’s perspective, the collaboration signaled a commitment to empowering young people through innovation and opportunity. Fawzia Ali-Kimanthi, Chief Consumer Business Officer at Safaricom PLC, praised the partnership, noting: “The success of the Safaricom Gaming Conference is proof that Kenya is ready to join the rest of the world. At Safaricom, we believe in powering the youth and building platforms where skills can turn into careers, innovations, and thriving communities. With partners like LG East Africa, we are excited to continue scaling up this space.”

The collaboration between LG Electronics and Safaricom demonstrates the potential of aligning technological innovation with next-generation connectivity. By pairing LG’s Smart AI-powered home entertainment products with Safaricom’s growing 5G infrastructure, the two organizations are not only shaping the future of gaming but also redefining the everyday smart living experience. This partnership underlines Kenya’s growing role in the global gaming ecosystem and its ability to foster innovation and community at scale.

Kenya Airways Unveils KQSafari Data Through RoamBuddy Partnership

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Kenya Airways has unveiled KQSafari Data, a groundbreaking roaming solution that promises affordable, seamless, and reliable mobile connectivity for travelers around the world. This launch was marked by the signing of a partnership agreement between Julius Thairu, Chief Customer and Commercial Officer at Kenya Airways, and Mandeep Birdi, Chief Executive Officer of RoamBuddy. The initiative represents a bold step toward addressing one of the most persistent challenges faced by travelers—high and inefficient roaming costs.

Born out of the Kenya Airways Open Innovation Challenge and developed through the Fahari Innovation Hub, KQSafari Data is a product of innovation and collaboration. It is designed to ensure that travelers no longer need to worry about losing touch while abroad. With more than 2,250 roaming plans available across 180 countries, guests can select flexible Country, Regional, or Global packages, all at a fraction of traditional roaming fees. This initiative marks a significant stride in redefining customer experience in the aviation and travel sectors.

Julius Thairu emphasized the airline’s commitment to putting customers first, noting that the travel experience extends far beyond the flight itself. According to him, guests deserve a connected journey that is affordable, stress-free, and reliable. By enabling seamless communication with loved ones and businesses, KQSafari Data enhances convenience and eliminates one of the biggest barriers to international travel—excessive roaming charges.

RoamBuddy CEO, Mandeep Birdi, echoed this sentiment, highlighting the value of partnerships in delivering solutions that directly benefit customers. He described the collaboration as a game-changer, redefining how travelers connect when abroad. With this solution, both organizations are prioritizing customer needs by offering convenience, affordability, and peace of mind, reinforcing their shared vision of enhancing the travel experience.

More than just a new product, KQSafari Data is a symbol of Kenya Airways’ commitment to innovation and customer-centricity. It also showcases the Fahari Innovation Hub’s capacity to transform bold ideas into market-ready solutions that create real value. By bridging innovation and practical travel needs, the initiative demonstrates how customer-focused design can have a lasting impact on industries and individuals alike.

Through this launch, Kenya Airways strengthens its reputation as a forward-looking airline that is not only focused on air travel but also on improving the broader journey experience for its guests. KQSafari Data reinforces the airline’s role as a connector of people, businesses, and opportunities—both in the skies and on the ground. This is a step toward ensuring that Africa’s travelers remain globally connected, cost-effectively and seamlessly, wherever their journeys take them.

Huawei ICT Academy Aims to Train 12,000 Students

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Huawei ICT Academy is strengthening its mission to inspire and empower Kenyan youth with globally competitive digital skills through a nationwide campaign across leading universities and TVET institutions. The latest stop was Strathmore University, following successful activations earlier in the week at PC Kinyanjui Institute and Kenyatta University. With strong student engagement and institutional support, the campaign underscores Huawei’s goal of doubling participation in the 2025/26 ICT Competition to a record 12,000 students.

The Huawei ICT Competition has become a transformative platform since its launch in Kenya in 2018, empowering over 12,000 students with technical mentorship, global exposure, and industry-relevant skills. The competition, part of a global initiative spanning 85 countries and reaching over 950,000 students, enables Kenyan participants to access global-standard training and opportunities to showcase their expertise on national, regional, and international stages. For the 2025/26 edition, registration runs from September to November, with the National Final set for December, the Regional Final in South Africa in February 2026, and the Global Final in China in May 2026.

The campaign officially launched at PC Kinyanjui Institute, where more than 150 students participated at the Jitume Lab. Supported by Mrs. Ruth Muia, Deputy Principal (Administration), the activation marked the start of a mentorship program extending to institutions nationwide. At Kenyatta University, Vice Chancellor Prof. Wanjohi Wa Chege emphasized that the competition is a catalyst for nurturing ICT talent aligned with market needs and global technology trends. He highlighted that beyond winning, students should focus on applying their knowledge to develop practical solutions for pressing societal challenges.

Students have also shared their excitement and ambitions through the program. For example, ICT student Cherrys Otieno from Kenyatta University expressed enthusiasm about opportunities to participate in global finals in South Africa and China while also valuing the internships, certifications, and trainings available to winners. Such testimonies underscore the competition’s role in inspiring students to pursue careers in technology and prepare for leadership in the digital economy.

This year’s competition offers four tracks: Networking, Cloud, Computing, and Innovation, providing participants with a holistic approach to ICT education. The initiative builds on the Memorandum of Understanding signed in March 2025 between Huawei and the State Department for TVET, through which Huawei will establish 150 ICT Academies in Kenya, certify 1,000 students annually at the HCIA level, and train 150 instructors each year. These efforts align with Kenya’s national agenda for skills development and industry readiness.

With continued visits planned across universities such as Africa Nazarene University, JKUAT, Dedan Kimathi University, Kabarak University, and the University of Nairobi, Huawei ICT Academy is ensuring that more students gain access to the program. By combining mentorship, certification, competitions, and direct industry linkages, Huawei reaffirms its commitment to shaping Kenya’s future ICT leaders and equipping young people with the skills to thrive in the digital economy.

Equity CEO Engages Ethiopian Commission on Market Entry

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Equity Bank Group has taken a significant step toward regional expansion by initiating discussions with the Ethiopian Investment Commission (EIC) on conditions for entering Ethiopia’s newly liberalized financial sector. Group CEO James Mwangi recently met with EIC Commissioner Zeleke Temesgen, who affirmed the Commission’s readiness to support Equity in navigating the regulatory and operational requirements for market entry. This move reflects Equity’s strategic intent to tap into one of Africa’s most promising but underserved banking landscapes.

Ethiopia, with its population of over 120 million people, presents a unique opportunity for growth, as it has one of the continent’s lowest banking penetration rates. According to IMF data, private sector credit accounts for only 15% of GDP, compared to over 30% in neighboring countries such as Kenya and Tanzania. Bank deposits remain low, indicating that financial intermediation is still underdeveloped but holds immense potential for expansion through digital and inclusive financial solutions.

The recent adoption of new banking legislation in December 2024 marked a turning point in Ethiopia’s financial landscape. The law now allows foreign institutions to establish subsidiaries, open branches, or acquire up to 40% stakes in local banks. In June 2025, the National Bank of Ethiopia reinforced this shift by issuing directives that formally invited foreign banks to apply. This liberalization signals Addis Ababa’s commitment to modernizing its financial sector, supported by reforms that include the adoption of IFRS 9 standards, Basel alignment, and stricter governance frameworks.

Equity Bank’s move comes at a time when regional peers, including KCB, are also holding discussions with Ethiopian authorities. The entry of Kenyan lenders highlights a growing recognition of Ethiopia’s strategic importance as one of the largest unbanked markets in Africa. By leveraging its strong track record in financial inclusion, digital innovation, and cross-border banking, Equity is positioning itself to contribute to Ethiopia’s economic transformation while capturing new growth opportunities.

Despite the promise, challenges remain. Ethiopia’s banking sector is highly concentrated, with the state-owned Commercial Bank of Ethiopia commanding 51% of total assets, five times more than its nearest competitor. The interbank market is still embryonic, and the supervisory capacity of the National Bank of Ethiopia will require significant strengthening to mitigate systemic risks as the market opens to new entrants. These dynamics underline the importance of a cautious but forward-looking approach to integration.

Equity Bank’s potential entry into Ethiopia could mark a milestone in East Africa’s financial integration, expanding access to credit, deposits, and digital financial services for millions of underserved Ethiopians. As the country advances reforms and welcomes new players, the stage is set for transformative growth in its banking sector, with Equity among the frontrunners ready to shape this future.

Kenya Pledges Annual Youth Forum on Cybersecurity, AI

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The Communications Authority of Kenya (CA), in partnership with the Kenya Cybersecurity and Forensics Association (KCSFA), recently hosted a Youth Forum on Cybersecurity, creating a critical platform for young people to engage with experts, policymakers, innovators, and industry leaders. The event addressed critical issues such as misinformation, digital safety, and the rapidly expanding role of artificial intelligence in shaping Kenya’s digital landscape. This milestone initiative marks a strong step toward empowering youth voices in shaping policies and strategies around cyber resilience.

A significant outcome of the forum was CA’s commitment to institutionalize the Cybersecurity Youth Forum as an annual event. This means young people will now have a consistent opportunity to participate in national dialogues on digital trust, cyber safety, and AI governance. By offering a structured platform, the CA is ensuring that the next generation of leaders is actively engaged in addressing challenges that will define Kenya’s digital future.

One of the most debated issues during the forum was the delicate balance between freedom of expression and censorship in the fight against harmful online content. While participants acknowledged the dangers posed by misinformation and disinformation—from threatening democracy to inciting panic—they also emphasized the risk of infringing on fundamental rights if regulations lack transparency. The consensus was clear: Kenya must safeguard free expression while simultaneously protecting its citizens from digital harm through well-defined checks and balances.

The discussion also stressed the importance of collaboration with social media platforms. Rather than unilateral takedowns, stakeholders called for joint moderation models involving regulators, fact-checkers, and platforms to ensure fairness and proportionality. This collaborative approach would ensure harmful content is addressed without stifling legitimate debate, reinforcing the idea that protecting users and upholding constitutional freedoms must go hand in hand.

AI emerged as both an opportunity and a challenge. While panelists cautioned against over-reliance on AI-driven tools such as chatbots—which can unintentionally spread inaccuracies—they also highlighted the potential for African-led AI innovation. By building models trained on local datasets, Kenya and the wider continent can address uniquely African challenges, ensuring that AI contributes positively to governance, security, and economic growth.

The forum concluded with a powerful call to collective responsibility. Governments, civil society, organizations, and individuals each play a critical role in fostering a safe and inclusive digital environment. With annual forums now institutionalized, Kenya is taking a decisive step toward building a cyber-resilient society that embraces innovation while protecting the rights and safety of its citizens.