(NAIROBI, KENYA) – A legal fight over control of a multi-billion shilling industrial park on Nairobi’s Eastern Bypass has intensified between Bank of Baroda Kenya and Infinity Industrial Park. The dispute began with a KES1.976 billion ($15.2 million / £12.1 million) loan issued to Infinity in 2019. It has sinceContinue Reading
(KILIFI, KENYA) – Kenya Power is spending KES765 million ($5.9 million / £4.7 million) on two new substations in Kwale and Kilifi counties as it moves to improve electricity supply along the Coast region. The utility company is close to finishing the Bomani 132/33kV substation in Kilifi County at aContinue Reading
(NYERI, KENYA) – The Catholic Diocese of Nyeri has launched a green hydrogen project that will use solar energy to produce ammonia fertiliser and medical oxygen, cutting reliance on imported farm inputs and reducing healthcare costs at its hospitals. The project will see the Diocese construct the Green Hydrogen InnovationContinue Reading
(DIANI, KENYA) – Artificial intelligence, shifting workforce demographics and continuous skills development are reshaping workplaces across Kenya, with human resource experts warning that traditional employee management models can no longer meet the demands of a rapidly changing labour market. Speaking at the Zamara HR Summit in Diani, industry leaders saidContinue Reading
(NAIROBI, KENYA) – A Ruiru-based savings and credit cooperative society has moved to court to block the three liquidators appointed by the State to wind up the Kenya Union of Savings and Credit Co-operatives (Kuscco), arguing that the appointments threaten existing court orders protecting the umbrella body’s assets. Rupsa Sacco,Continue Reading
(NAIROBI, KENYA) – Co-operative Bank of Kenya customers borrowed KES2.4 billion ($14.7 million / £12.1 million) through digital overdrafts in the seven months to July, pointing to rising demand for short-term credit to cover cash gaps when paying bills and making purchases. The lender said the digital lending product, Kamilisha,Continue Reading
(MOMBASA, KENYA) – The 123rd Mombasa International Show opened on Thursday at the Mkomani Show grounds in Nyali with a focus on climate smart agriculture and trade initiatives for sustainable economic growth. This year’s event has attracted more investors than the 180 who participated last year. Mombasa County Deputy GovernorContinue Reading
(NAIROBI, KENYA) – Kenyan banks will expand lending to green enterprises under a five year partnership between the Global Green Growth Institute and the Kenya Bankers Association signed in Nairobi. The two institutions signed a Memorandum of Understanding to strengthen sustainable finance, promote green investment and mobilise public and privateContinue Reading
(MAGADI, KENYA) – Kenya plans to redirect its soda ash output toward domestic manufacturing in a move aimed at building local industry and reducing reliance on raw material exports. Principal Secretary for Industrialisation Dr Juma Mukhwana said the government wants investors to set up glass and chemical manufacturing plants aroundContinue Reading
(NAIROBI, KENYA) – Plans to build Kenya’s first nuclear power plant in Siaya County have drawn opposition from residents and academics who want the project halted pending full public consultation and independent safety reviews. The proposed facility would be located at Lihundu Beach in Bondo Sub County with construction expectedContinue Reading
