business
Senegal scrapped R&B singer Akon’s plans for a multibillion-dollar city development on the country’s Atlantic Coast, and opted for a scaled-back project in the debt-stricken country that will rely on private funding. Bloomberg Reports Most of the land previously set aside for a futuristic “Akon City” is back under state control after the artist failed…
The Ethics and Anti-Corruption Commission (EACC) has named counties with the highest share of national bribes. In a report released on August 5, 2025, EACC stated the largest share of national bribes was paid in Uasin-Gishu County (11.12%), followed by Baringo (6.94%), Embu (5.54%), Homabay (5.32%), and Bomet (5.01%) counties. “The largest share of national bribes…
For years, Kenneth Harris yearned for a place where his dark skin was a mark of shared heritage, not suspicion. Two years ago, the 38-year-old retired veteran found that solace in Kenya, buying a one-way ticket from Atlanta. Now based in Nairobi, Mr Harris has established an Airbnb business and found a vibrant community. He…
The Co-operative Bank of Kenya has invested Ksh1.2 billion in the tea sector, days after the bank joined the list of the top 25 largest banks in Africa as Kenyan lenders recorded the fastest growth in the continent, according to The Financial Times. Co-op Bank reaffirmed its leadership in agricultural finance by backing the tea industry…
Equity Bank Kenya and Equity Group Foundation have signed a new partnership with the International Finance Corporation (IFC) to roll out an online course to promote entrepreneurship among women. Travel packages to Kenya The Goldman Sachs 10,000 Women is a global initiative that helps foster economic growth by providing entrepreneurs around the world with practical…
The National Cohesion and Integration Commission (NCIC) has fired its Vice Chairperson Wambui Nyutu citing continued involvement in partisan political activities, a move it says violates both her oath of office and the law. Citizen Digital reports In a statement issued Tuesday by NCIC Chairperson Rev. Dr. Samuel Kobia following a Special Commission Meeting held…
The High Court has ordered Faith Jematia Kiptis, an officer at the National Treasury and Planning, to refund Ksh.67 million that she received irregularly between January 2020 and June 2022. citizen Digital from Nairobi reports. In a judgment delivered on July 15, 2025, Justice Musyoki of the Anti-Corruption and Economic Crimes Division established that Kiptis received…
Blessing Amidu still remembers the scepticism she faced in 2016, when she began pitching ‘Lady Buckit and the Motley Mopsters’. This is a whimsical tale about a curious Nigerian girl who gets transported through time and encounters a band of unusual characters, who change the course of her destiny. At the time, investors harboured doubts…
The Co-operative Bank of Kenya has partnered with the Kenya Tea Development Agency (KTDA) to unlock new financial opportunities for over 260,000 smallholder tea farmers. The collaboration unveiled at the inaugural launch of the KTDA Magazine and the Farmer First Mantra Prospectus aims at strengthening Kenya’s tea industry. The lender reaffirmed its commitment to the…
Kenya is rapidly emerging as a digital powerhouse in Africa, with internet and mobile phone usage consistently on the rise. By 2028, the country’s digital economy is expected to contribute KSh 662 billion to the GDP. Yet, this impressive growth brings with it significant challenges, particularly in the realm of cybersecurity. Microsoft’s latest research reveals…