Category Archives: Kenya News

Kenya News

Growth and Progress of Kenya’s Insurance Market

AM Best company has published a report on the overall state of Kenya’s insurance market and how price competition hinders its growth potentials. The key takeaways are challenging macroeconomic factors which are expected to abate from 2021, the successful execution of risk-based capital requirements that are strengthening the credit quality of market participants, and price […]

Top African regions set to become leading startup and investment hubs

Ian Lessem, Managing Partner at HAVAÍC

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African cities are quickly emerging as leading startup and investment hubs to watch. “Startups in Nigeria, Kenya, Egypt and South Africa […]

Africa as an important participant in the global economy

FDI, also known as foreign direct investment, has been virtually solely concentrated in Africa on the exploitation and export of natural resources for over a century. However, the momentum has changed after the turn of the 2000 and the tendency has finally changed in recent years. Global investors are more likely to visit Africa for […]

Deal value increases in South Africa and Nigeria in the first half of this year

Baker McKenzie’s latest analysis of Refinitiv data shows that the value of mergers and acquisitions (M&A) in the first half 2021 (H1 2021) soared in South Africa, and that deal value also increased in Nigeria in the first six months of 2021, but Kenya experienced a slight decrease in both deal value and volume in […]

GM cassava promises higher yields and profits for Kenyan farmers

Cassava farmers in Kenya are set to reap more yields and earn higher profits from their crops as the East African country prepares for the rollout of a genetically modified (GM) cassava variety that can fight off two of the most devastating diseases affecting the crop in the region. The government’s approval in June for […]

Towards a circular economy for plastics, where it does not become waste

Plastic, plastic, plastic everywhere! Not a place you can turn to without being greeted by the sight of plastic. Plastic is a doubled edged sword. It is very much a part of our lives, being a packaging material for many of the products we consume and also being a primary or secondary raw material for […]

Kenya Nutritionists and Dieticians Institute (KNDI) unveils consumer study report on Royco Mchuzi Mix (Beef), endorses product as safe

The Kenya Nutritionists and Dieticians Institute (KNDI) has released a landmark consumer study report on Royco Mchuzi Mix (beef) brand, revealing that the product is safe and the ingredients in the mix have scientifically proven health benefits as spices and herbs. KNDI, in collaboration with Unilever Company, engaged in a self-regulation study of Royco Mchuzi […]

Growth in changing times, not really the utopia for thousands of youth

The new world order is in existence. A lot of young people are held back from greatness by limitations and ceilings that they have set for themselves. Thus, they are constrained from reaching their full potential. They believe that there is no space for being value-driven leaders and entrepreneurs in the modern world. Accordingly, they […]

Women Can Add $14.57 Billion to E-Commerce in Africa: IFC Research

Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030 according to an IFC report published today. The report finds this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The […]

Kenya is in Transition to a Circular Economy: KEPSA Report Shows

Sustainable Inclusive Business, the knowledge centre under the Kenya Private Sector Alliance (KEPSA) Foundation, in partnership with TheRockGroup, a sustainable consultancy firm, has published an industry report on Kenya’s efforts to transition to a more sustainable and circular economy. It was launched at the Africa Business Week by the Netherlands Enterprise Agency on Thursday May […]

97% of internet users in Kenya use WhatsApp; here’s how businesses can reach them (By James Bayhack)

By James Bayhack The COVID-19 pandemic has left many customer service departments under immense pressure to meet client expectations while keeping response times low. This is particularly important in competitive industries like eCommerce, travel and hospitality, where customer service is a priority. To address this challenge, companies must enable their support staff with the right […]

Coronavirus – Kenya: COVID-19 update (18 May 2021)

469 people have tested positive to the disease, from a sample size of 6,244 tested in the last 24 hours. The positivity rate is now 7.5%. Total confirmed positive cases are now 166,006 and cumulative tests so far conducted are 1,752,693. New cases by County; Kisumu 102, Nairobi 77, Mombasa 27, Kericho 27, Siaya 18, […]

Solar Cow- a Samaritan for the Children in Need

The relief of indigence is the primary goal in bringing about a positive change in the lifestyles of children in Africa. To this day, 1 in every 5 children in Africa is devoid of the right to education owing to child labor. Since electricity is a dire need of people even in the utmost rural […]

Why a wave of technology giants will come from Africa

Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, notes a significant increase in investment demand for African technology startups. He says startups on the continent are at a distinct advantage because they compete out of necessity. As a result, they can, and very often do stand toe to toe with startups in […]

Coronavirus – Kenya: COVID-19 update (9 May 2021)

New cases: 316 Sample size: 4,251 Positvity rate: 7.4% Recoveries: 62 Recorded deaths: 12 Cumulative tests: 1,719,289 Total confirmed cases: 163,554 Total recoveres: 111,1941 Cumulative fatalities: 2,895 Distributed by APO Group on behalf of Ministry of Health, Kenya. Media filesDownload logo

Coronavirus – Kenya: COVID-19 update (6 May 2021)

New cases: 705 Sample size: 8,853 Positvity rate: 8.0% Recoveries: 711 Recorded deaths: 25 Cumulative tests: 1,701,385 Total confirmed cases: 162,098 Total recoveres: 110,480 Cumulative fatalities: 2,850 Distributed by APO Group on behalf of Ministry of Health, Kenya. Media filesDownload logo

How G4S became the largest courier company in Kenya

G4S is widely recognised as the world’s largest security company, but in Kenya its reputation for courier and logistics services is built on 50 years of experience delivering when it matters most. A clear market leader for courier services, G4S Kenya is leaving the more internationally well-known courier brands in its wake. Jackson Miano, Head […]

Coronavirus – Kenya: COVID-19 update (5 May 2021)

489 people have tested positive to the disease, from a sample size of 4,426 tested in the last 24 hours. Our positivity rate is at 11.0%. From the cases 449 are Kenyans while 40 are foreigners. Total confirmed positive cases are now 161,393 and cumulative tests so far conducted are 1,692,532. 552 patients have recovered […]

Coronavirus – Kenya: COVID-19 update (4 May 2021)

345 people have tested positive to the disease, from a sample size of 6,686 tested in the last 24 hours. Our positivity rate is at 5.2%. Total confirmed positive cases are 160,904 and cumulative tests conducted are 1,688,106. 140 patients have recovered from the disease, 82 from Home Based & Isolation Care, while 58 are from […]

Coronavirus – Kenya: COVID-19 update (1 May 2021)

Download logo 735 people have tested positive to the disease, from a sample size of 5,758 tested in the last 24 hrs. Our positivity rate is at 12.8%. 634 are Kenyans while 101 are foreigners. 429 are males & 306 are females. The youngest is 8 months & the oldest is 97 years. Total confirmed […]

Coronavirus – Kenya: COVID-19 update (30 April 2021)

Download logo 497 people have tested positive from a sample size of 5,117 441 patients have recovered 17 deaths have been reported. 13 occurred within the last one month & 4 deaths are late death reports from facility record audits. VACCINATION UPDATE: A total of 876,708 persons have been vaccinated against coronavirus disease countrywide; 271,079 […]