Card payments up Sh1.6bn despite corona demand slump
The value of payments made through cards grew by Sh1.64 billion in the first three months of the year as the Covid-19 pandemic discourage cash handling.Central Bank of Kenya (CBK) d…...
Read More Tanzania, Kenya, Uganda agribusinesses secure Sh5 billion grants
A five-year multicountry project for Tanzania, Kenya and Uganda is investing 2 million Euros (about Sh4.96 billion) in grants to 14 Agri businesses in the three countries. The inves…...
Read More DB Schenker invests as Volocopter extends Series C Round to €87 million
Volocopter and DB Schenker today announced an investment by the global logistics service provider into the pioneer of Urban Air Mobility (UAM) as Volocopter extends its Series C fun…...
Read More Safaricom Foundation Donates Tablets To Students In Kawangware And Dandora
Students drawn from over one thousand households in Kawangware and Dandora are set to benefit from free access to e-learning tools following a partnership between Safaricom Foundati…...
Read More EAC presidents back SMEs financing schemes in pandemic war
The East African presidents Tuesday resolved to establish special purpose financing schemes for small and medium enterprises as part of efforts to cushion vulnerable businesses from…...
Read More Kenya to link Chinese-built modern railway to central region line
Kenya is in the final stages of linking Chinese-built modern railway to an older line in the agriculture-rich central region to ensure commodities are easily transported to the Port…...
Read More Equity Bank’s Sh200b kitty for lending to small enterprises
Equity Bank has established a Sh200 billion-kitty for lending to small enterprises as part of helping them overcome the ravages of Covid-19.While unveiling the kitty during the week…...
Read More How Covid-19 has exposed our weak economic links
Friday marks eight weeks since Kenya’s first coronavirus case was officially announced. We’re coming to the end of our sixth week of a national dusk to dawn curfew, and we’ve jus…...
Read More Construction of Kaptis Hydropower Project in Kenya to Start
Kenya is soon to commence construction of Kaptis hydropower project. A joint development agreement, to bring the project through to financial close and construction in 2020, has bee…...
Read More Laikipia County Partners With Dedan Kimathi University To Make Ventilators
A Ventilator being developed by the Dedan Kimathi University of Technology in partnership with the County Government of Laikipia could hit the market in the next few days.The two in…...
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