East Africa

IVECO re-enters EA market with Ksh. 3.2 Bn assembly plant

Italian automaker, IVECO has on Thursday announced its expansion plans in East Africa through an industrial and commercial partnership with Global Motors Centre (GMC). The Turin-based vehicle corporation will invest…

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Disrupting the Insurance sector

BlueWave, an Insurtech start-up wants to make insurance accessible to the common man and while…

KDC Pays KES 57M Dividend, Launches KES 500M SACCO Fund

Kenya Development Corporation (KDC) has reinforced its leadership in Kenya’s development finance landscape by delivering…

Rwanda budget hits US$2.49bn

As government moves to slash foreign aid Though foreign aid still constitutes a significant percentage…

Kenya Airline still dives in loss

Kenya’s national carrier, Kenya Airways (KQ) is not out of the woods yet. The airline…

Lasted East Africa

TLcom Capital closes US$ 71M Africa fund

Africa-focused Venture Capital firm, TLCom, today announced it has secured an additional $31M for its TIDE Africa Fund, bringing its…

Bidco Africa appoints Chris Diaz as new Marketing Director

Consumer goods manufacturer, Bidco Africa has appointed Chris Diaz as Group Sales and Marketing Director. The appointment comes at a…

Unaitas posts Ksh. 268 Million net profit

Financial service provider, Unaitas Sacco has recorded a Ksh 267.8 million profit for the 2016 financial year, buoyed by cautious…

AfDB secure funding for Kenya, Uganda road construction

The African Development Bank Group (AfDB) has approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3…

EIB signs USD 95 Million funding for East African Entrepreneurs

Nonprofit lending institution, European Investment Bank (EIB) has on Wednesday signed two new credit lines for East-Africa for a total…

IVECO re-enters EA market with Ksh. 3.2 Bn assembly plant

Italian automaker, IVECO has on Thursday announced its expansion plans in East Africa through an industrial and commercial partnership with…

If the economy is growing, where are the jobs?

Kenyan families disgruntled as price of basic goods skyrocket and many lose their jobs. Meanwhile, the Govt. insists the economy…

The Father Of Islamic Banking In East Africa

Shahbal conquered numerous obstacles to set up Gulf African Bank Suleiman Shahbal, the founder chairman of Gulf African Bank and…