CBK@60: Why Kamau Thugge Is Putting Trusted AI at the Centre of Central Banking
Central Bank of Kenya (CBK) Governor Dr. Kamau Thugge has opened the CBK@60 Artificial Intelligence Conference in Nairobi, placing trusted and responsible AI at the centre of discussions on the future of central banking in Africa. The conference, held on September 16, 2026, at the CBK Institute of Monetary Studies (CBK-IMS), is themed “Trusted Artificial […]
Safaricom Pata More Campaign: What Has Changed for M-PESA, Data and Fibre Users
Safaricom PLC has rolled out the Pata More Campaign, a nationwide rewards and value initiative aimed at giving Kenyan consumers and small businesses more value across mobile data, M-PESA, transport services, fibre and smartphones. Launched in late July 2026, the Safaricom Pata More Campaign comes as households and micro-businesses continue to face pressure from the […]
The first of 10 Amsons Group-financed Mother and ChildLevel 4 Hospitals breaks ground in Bomet County
Kenya’s maternal health promotion efforts have received a major boost following the groundbreaking of the first of ten Mother and Child Hospitals to be constructed countrywide under a KSh 4.5 billion grant from Amsons Group. The first of the ten Amsons Mama na Mtoto Kwanza Level 4 hospitals (Chebunyo Mother and Child Hospital), sponsored by […]
Dangote Refinery IPO Opens Today: Offer Price, Minimum Investment and Key Details
The Dangote Petroleum Refinery and Petrochemicals FZE has opened its initial public offering (IPO), giving individual and institutional investors an opportunity to buy shares in Africa’s largest refinery. The public offer opened on September 14, 2026, and will remain open until October 13, 2026. The Dangote Petroleum refinery is offering 4.1 billion ordinary shares at […]
What Happens When CBK Declares a Bank Systemically Important in Kenya?
The Central Bank of Kenya (CBK) is set to begin identifying financial institutions whose failure could disrupt the country’s financial system and cause wider economic consequences. The institutions, to be classified as Domestic Systemically Important Financial Institutions (D-SIFIs), will be subject to additional capital, liquidity, supervision, stress-testing and recovery requirements once designated. CBK defines a […]
Africa Does Not Have an Electricity Problem. It Has a Reliability Problem.
Universal energy access in Africa is not a pipe dream. The pipe dream is the way we measure it. The sector’s scoreboard counts connections. By that count, 53% of Sub-Saharan Africa has access to electricity, and more than 560 million people still live without it. Both numbers are true, and both are misleading, because a […]
Which Bank Could FirstRand Buy in Kenya? Potential Targets
South African banking group FirstRand is searching for a bank to acquire in Kenya, but its preference for medium-sized acquisitions and reluctance to overpay could narrow the list of lenders that fit its strategy. FirstRand chief executive Mary Vilakazi said the group has been looking for an opportunity to enter Kenya’s banking market through an […]
Exim Bank, NCBA and KCB Executives Lead New UBA Bancassurance Committee
The Uganda Bankers’ Association (UBA) has appointed new leadership to its Bancassurance Technical Committee, bringing together bancassurance practitioners from member financial institutions to advance the sector’s agenda in Uganda. The new UBA Bancassurance Committee will be led by Sylvester Rokani of Exim Bank Uganda as Chairperson, with Jonathan Lumu of Housing Finance Bank Uganda serving […]
Taste of Cape Town Opens in Nairobi’s Upmarket, Bringing Authentic South African Flavours to Kenya
Taste of Capetown, the celebrated Wine and Food export Group known for its vibrant interpretation of South African cuisines and wine, has officially opened its doors in one of Nairobi’s most prestigious upmarket neighbourhoods. The new restaurant marks the group’s first permanent footprint in East Africa and arrives at a moment of deepening cultural and […]
Sidian Bank Appoints David Nyamu as Chief Commercial Officer
Sidian Bank has appointed David Nyamu as its new Chief Commercial Officer (CCO), bringing more than 30 years of experience in banking and financial services to the lender. Nyamu takes up the position in September 2026 and will be responsible for leading the bank’s commercial growth initiatives as it enters its next phase of expansion. […]