Business
Business news, announcements, funding, reports, in-depth graphs and much more to help you understand the world better
- News
Musk’s AI Startup xAI Buys His Social Media Platform X
Elon Musk’s xAI acquires X (formerly Twitter) in a $33B stock deal, merging AI development with real-time user data.
- Interesting Reads
CEOs in Kenya and East Africa are betting on reinvention, AI, and sustainability amid global volatility
Kenyan and East African CEOs embrace AI, reinvention, and sustainability to navigate risks and secure long-term business growth.
- Interesting Reads
Lipa Later’s Stunning Fall Into Administration Exposes Deeper Fintech Fragility in Kenya
Lipa Later enters administration despite recent growth, exposing deeper issues in Kenya’s fintech ecosystem and startup sustainability under economic pressure.
- International
SanlamAllianz to Drive Africa’s Economic Agenda as Lead Sponsor of B20 Summit 2025
SanlamAllianz backs B20 Summit 2025 as South Africa leads G20, advancing Africa’s role in global economic policy and inclusion.
- News
Stanbic Bank Kenya Recognised as Best Pan-African Bank for SMEs
Stanbic Bank Kenya recognised for SME support at EMEA Awards, citing loans, digital tools, and advisory programs.
- News
Isuzu East Africa Hosts New York University Executive MBA Students in Kenya for a Business Immersion
Isuzu East Africa hosted New York University Executive MBA students in Kenya, showcasing automotive industry leadership, business growth, and global…
- Startups
Alitheia Capital and Goodwell Investments Exit Baobab Nigeria, Highlighting the Future of African Finance
Alitheia Capital and Goodwell Investments exit Baobab Nigeria after 12 years, marking significant growth in financial inclusion and microfinance expansion.
- News
Proparco Grants €1 Million to Equity Group to Help Kenyan Farmers Adapt to Climate Change
Proparco grants €1 million to Equity Group Foundation to help 15,000 Kenyan farmers adopt Climate-Smart Agriculture for resilience and sustainability.
- News
Carrefour Now Delivers 24/7 in Nairobi, Diani, and Nyali at No Extra Fee
Carrefour launches Kenya’s first 24/7 grocery delivery service in Nairobi, Diani, and Nyali, offering fast, convenient, and free nighttime deliveries.
- News
Kenya’s Mobius Motors Saved From Collapse by Little-Known Middle East Company
Silver Box acquires Mobius Motors, reviving Kenya’s automaker with new leadership, resumed production, and a 2025 SUV launch.
- Opinion
Opinion: How Cybercriminals Exploit Supply Chains to Bypass Security
Cybercriminals exploit weak supply chain links using AI, open-source flaws, and social engineering. Zero Trust, MFA, and regulations enhance protection.
- Interesting Reads
Mastercard Report: Kenya’s Economy Set for Growth in 2025 Amid Digital Transformation
Kenya’s 2025 economy grows 4.7%, driven by remittances, digital finance, high female workforce participation, stable inflation, and shifting consumer spending…
- Opinion
OPINION: The Global War on Content Piracy and Why It Matters for Creators and Consumers
A global coalition is intensifying efforts against digital piracy, employing technology and enforcement to safeguard creative industries, rightsholders, and consumers…
- Announcements
NBK Reports KES 1.06 Billion Profit After Tax in FY 2024, Marking a Strong Turnaround
NBK reports KES 1.06 billion profit in FY 2024, driven by digital transformation, cost optimization, and improved operational efficiency despite…
- News
Little Launches MySalary, Empowering Employees with Instant Salary Access Anytime
Little launches **MySalary**, an on-demand salary access platform allowing employees to withdraw earned wages anytime, enhancing financial flexibility and workplace…
