Category

Business

Equity Bank's Pan-African Expansion Strategy Targets 11 Countries by 2027
Business

Equity Bank's Pan-African Expansion Strategy Targets 11 Countries by 2027

Equity Group Holdings announced ambitious plans to expand operations across East and West Africa, with Kenya remaining the profitability anchor. New market entry in Uganda, Tanzania, Rwanda, and Democratic Republic of Congo is underway with digital banking as the primary growth vector.

2 min
KEPSA Business Climate Index Falls to 42.8 Points in Q2 2026 Due to Inflation Concerns
Business

KEPSA Business Climate Index Falls to 42.8 Points in Q2 2026 Due to Inflation Concerns

The Kenya Private Sector Alliance quarterly business confidence survey revealed declining sentiment among 300 member companies, with inflation and energy costs emerging as critical challenges. Manufacturing and retail sectors reported the most pessimistic outlook for the next six months.

2 min
Safaricom Achieves Record KSh 163 Billion Revenue in FY2025 with Fiber Expansion
Business

Safaricom Achieves Record KSh 163 Billion Revenue in FY2025 with Fiber Expansion

Safaricom's latest financial results show 8.7% year-on-year revenue growth driven by fiber broadband subscriptions reaching 1.2 million customers, signaling a shift from mobile-only operations toward converged services.

2 min
East African Community Single Market Protocol Accelerates Trade Integration in 2026
Business

East African Community Single Market Protocol Accelerates Trade Integration in 2026

The EAC single market achieved significant milestones with tariff elimination on over 98% of goods traded within the bloc. Kenya's exports to Tanzania and Uganda increased 24% in the first quarter of 2026, demonstrating the protocol's economic impact on regional commerce.

2 min
Public-Private Partnerships Accelerate Kenya Infrastructure Development With KSh 156 Billion Committed
Business

Public-Private Partnerships Accelerate Kenya Infrastructure Development With KSh 156 Billion Committed

Public-private partnership frameworks in Kenya secured KSh 156 billion in committed investment during 2025-2026 for roads, water, energy, and social infrastructure. PPP projects including the Nairobi Ring Road and coastal water supply systems advanced Kenya's Vision 2030 infrastructure agenda through private sector capital mobilization.

2 min
County Investment Conferences Attract KSh 18.7 Billion in Committed Business Development Projects
Business

County Investment Conferences Attract KSh 18.7 Billion in Committed Business Development Projects

Kenya's devolved county government investment conferences in 2025-2026 attracted KSh 18.7 billion in committed business development projects across 47 counties. Nakuru, Kisumu, and Mombasa counties led private sector investment attraction, promoting agribusiness, manufacturing, and tourism development opportunities.

2 min
Jomo Kenyatta International Airport Modernization Project Targets KSh 42 Billion Investment
Business

Jomo Kenyatta International Airport Modernization Project Targets KSh 42 Billion Investment

Kenya's flagship Jomo Kenyatta International Airport announced modernization plans requiring KSh 42 billion investment through 2028. Terminal expansion and cargo facility development aim to enhance Kenya's position as East Africa's aviation hub supporting tourism and regional trade growth.

2 min
Industrial Energy Costs Surge 28% as Manufacturing Competitiveness Faces Pressure in 2026
Business

Industrial Energy Costs Surge 28% as Manufacturing Competitiveness Faces Pressure in 2026

Kenya's manufacturing sector confronted rising energy costs exceeding 28% year-over-year increases during 2025-2026, eroding profitability margins and threatening industrial competitiveness. Diesel and electricity prices increased substantially, affecting energy-intensive manufacturing operations and transportation costs.

2 min
Supply Chain Disruptions and Resilience Strategies Challenge Kenya's Manufacturing Competitiveness
Business

Supply Chain Disruptions and Resilience Strategies Challenge Kenya's Manufacturing Competitiveness

Kenya's manufacturing sector grappled with supply chain vulnerabilities in 2025-2026, including port congestion, container shortages, and regional logistics constraints. Manufacturing businesses implemented diversification and local sourcing strategies to enhance operational resilience amid persistent disruptions.

2 min