Lucas Maisiba
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Agridex, Tradeflow Partner to Scale SME Funding in Africa
Agridex International the fintech innovator behind the Loam digital payments and treasury optimization platform has announced a strategic partnership with Tradeflow Capital Management to accelerate capital deployment in Kenya and across Africa. The collaboration is designed to expand access to structured trade finance and modern payment infrastructure for small and medium enterprises. By combining Tradeflow’s…
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Africa Logistics Gets CMA Approval for Industrial Dollar REIT
Africa Logistics Properties Holdings Limited (ALP) has received approval from the Capital Markets Authority (CMA) to establish a US dollar denominated Industrial Real Estate Investment Trust (REIT) and offer units to investors through a restricted offer. The ALP Industrial REIT will be structured as an Income REIT and will be required to distribute at least…
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Kenya Major Banks Announce Rollout of New Risk-Based Credit Pricing Framework
Three of Kenya’s largest lenders Co-operative Bank, Equity Bank, and Standard Chartered have issued public notices announcing their transition to the Central Bank of Kenya’s (CBK) revised Risk-Based Credit Pricing Model. The shift, which begins on 1 December 2025, will change how variable-rate Kenya Shilling loans are priced, with all existing facilities expected to transition…
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Acorn Secures CMA Nod to Launch Build-to-Rent D-REIT Backed by Sh2.2bn Investment
The Capital Markets Authority (CMA) has approved Acorn Holding Limited’s plan to establish a Build-to-Rent Development Real Estate Investment Trust (D-REIT), a move expected to accelerate the growth of affordable rental housing for Kenya’s young urban population. The new fund, known as the Acorn Build-to-Rent D-REIT (ABTR D-REIT), will allow investors to take part in…
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The Standard Chartered-London Reports An Expected Third Quarter Profit
The Standard Charted Bank reports a third quarter profit noted to be driven by the surging revenue in its wealth management and global banking divisions. The London-based bank posted a pre-tax profit of Ksh228.33 billion ($1.77 billion), marking a 3 % increase from the same period last year, surpassing the average collective estimate made by…
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KCB Group has entered into an agreement with Pesapal
Kenya Commercial Bank (KCB) has signed an agreement with pesapal limited liability company. With this agreement, KCB will be able to access digital payment infrastructure that serves many small businesses in Kenya, thereby receiving innovative payment solutions. With this investment , KCB is positioning itself to become a major digital financial service provider, as Pesapal…
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KPC, NCPWD Partner to Support Learners with Disabilities
Kenya Pipeline Company (KPC) has signed a Memorandum of Understanding (MoU) with the National Council for Persons with Disabilities (NCPWD) to support learners with disabilities through education, mentorship and inclusive programs. This collaboration enhances the Inuka Scholarship Programme, an education initiative launched in 2017 that supports needy students across the country. To date, the foundation…
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KRA Announces Major Milestone in Customs Tax Collection
The Kenya Revenue Authority (KRA) has announced a major milestone in customs tax collection, according to a statement released on October 8, 2025. The month of September has been identified as a peak collection period marked by high revenue inflows. This comes out after a total of Sh85.146 billion was collected which surpassed the monthly…
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Kenya Hikes Park Entry Fees to Boost Conservation Efforts
Visitors to Kenya’s national parks, reserves, and sanctuaries will begin paying revised conservation fees starting Wednesday, October 1, 2025, following the approval of new regulations by Parliament last week. The Wildlife Conservation and Management (Access, Entry, and Conservation) (Fees) Regulations 2025, contained in Legal Notice No. 160 of 2025, introduce new charges for both local…
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Pay TV Subscribers Drop as CA Changes Metrics
The Communication Authority of Kenya (CA) has changed how it measures Tv subscription by shifting from the previous used cumulative sign ups to active subscription a bold move that has been used to generate revenue for the last 90 days According to the latest data for Q4 2024/25, the active subscribers numbers stood at 1.48…
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Kenya Rakes in Billions from Global Digital Giants
Kenyan has received a total Sh2.3 billion from foreign digital services providers, of which Sh200 million has been collected under the new Significant Economic Presence (SEP) frame work. However, the majority of the total income collected came from the Digital Service tax (DST) that was used before hand, which was introduced back in June 2020…
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M-Pesa Regains Edge as Kenya’s Mobile Money Growth Stalls
Kenya’s mobile money market has reached a saturation point as of June 2025, with total subscriptions hitting 47 million, according to the Communications Authority of Kenya (CAK). Safaricom’s M-Pesa slightly increased its market share to 90.9 percent,while Airtel Money held steady at 9.1 percent marking a pause in the competitive momentum that had defined the…
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Airtel Launches the Biggest Data Centre to Boost Digital Growth
Airtel has officially launched construction of East Africa’s largest data centre, a project aimed to redefine the region’s digital infrastructure. Through its data centre subsidiary, Nxtra by Airtel Africa, the company broke ground at Tatu City, Nairobi, unveiling plans for a 44-megawatt (MW) facility purpose-built for cloud and AI services. The Nxtra Data Centre is…
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NALA, Equity Deal Eases Money Transfers for Kenyans Abroad
Tanzanian fintech company NALA has partnered with Equity Bank and PesaLink in a move set to transform Kenya’s multibillion-shilling remittance sector by making money transfers faster, cheaper and more inclusive. Remittances remain a critical source of foreign exchange for the country, rivaling exports and foreign direct investment. According to Central Bank of Kenya (CBK) data,…
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Kenyans Flock Back to SGR Despite Increased Fares
Standard Gauge Railway (SGR) passenger service has recorded over Sh2 billion in ticket sales in the first half of 2025, marking a strong rebound in the number of people using the public transport system despite fare increases that had previously slightly reduced demand. According to the latest figures released by Kenya Railways Corporation (KRC), the…
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Kenya’s Industrial Investment Pull Diminishes Amid Rising Regional Competition
Kenya’s once-strong appeal to industrial investors is slipping, with a new Knight Frank report revealing a recent decline in the country’s influence as a magnet for manufacturing and industrial capital. The report unveils that Kenya’s industrial rate of return is recorded at 9.5 percent, significantly lower than Uganda’s 13 percent and Tanzania’s 10 percent, raising…
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ShafDB Gets $120M Boost from BADEA to Spur Affordable Housing
Shelter Afrique Development Bank (ShafDB) has received support of up to $120 million from the Arab Bank for Economic Development in Africa (BADEA) to boost its financial strength and operational capacity. Shelter Afrique Development Bank has been a front-runner in providing affordable housing and urban development. By offering resources on more favorable terms, member states…
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Women Entrepreneurs Unveil Pan-African Trade Network
Africa Women in Business have unveiled a new association aimed at promoting intra African trade. The Continental Network for Women Businesses in Africa (CONWOBAA) was unveiled last week at a global SME ministerial meeting that was held in Johannesburg, South Africa. The meeting saw the attendance of over 102 women businesses across 6 regions of…
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Safaricom Empowers Rift Valley Youth Through Business Accelerator Forum
Safaricom has equipped over 120 youth with entrepreneurial knowledge and skills to accelerate their businesses across the Rift Valley region. The program, dubbed ‘Grow with Safaricom’ Business Forum, is part of M-Pesa’s 18th anniversary celebrations, providing innovative financial and business solutions. The forum has also been held in other regions such as the Coast, Nairobi,…
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