Esther Dianah

Kenya Electricity Generating Company PLC (KenGen) has posted a Sh.6.8 billion profit after tax for the year ended June 2024, representing a 35 per cent increase from the previous year.

The Competition Authority of Kenya has approved the acquisition of the entire issued share capital of the National Bank of Kenya by Nigerian lender, Access Bank.

More than 13,000 micro, small and medium-sized enterprises in Northern Kenya have received $26.1 million (Sh3.37 billion) financing from an impact investment fund.

Amsons Group, the Tanzanian business conglomerate, has started its marketing campaign to secure the support of Bamburi Cement shareholders following the release of a shareholder circular on Tuesday.

A one-US-dollar (Sh130) investment in digital transformation can yield a $8.3 (Sh1,070) return in the country‘s digital economy, Huawei's Global Digitalisation Index (GDI) findings have revealed.

Manufacturers, small and medium enterprises (SMEs), and exporters are set to benefit from a new initiative aimed at increasing intra-African trade.

The event's founder, Ms Evelyn Bright, stressed the importance of leaders upholding values and rejecting hate speech, a growing issue among political opponents.

The government is looking to increase coffee consumption locally to boost revenues even as production of the commodity has slumped.

Amsons Group, the Tanzanian business conglomerate, has received regulatory approval from Common Market for Eastern and Southern Africa's (Comesa) Competition Commission for its proposed acquisition of up to 100 per cent of Bamburi Cement.

He says the operating environment in Kenya and Africa, in general, makes it extra hard for startups to thrive due to the lack of proper regulations.