From Nairobi to Johannesburg: AITHOS Expands Pan-African Dialogue on Ethical AI and the Future of Education
Leading women experts in artificial intelligence (AI), ethics, governance, research and innovation led an important conversation at the University of the Witwatersrand (Wits) in South Africa on the inclusive and ethical use of artificial intelligence during an exclusive roundtable exploring how AI is reshaping education across Africa. The event brought together educators, researchers, industry leaders […]
Why the Kenya Bankers Association is Urging CBK to Maintain 8.75% Rate
The Kenya Bankers Association (KBA) is calling on the Central Bank of Kenya (CBK) Monetary Policy Committee (MPC) to maintain the Central Bank Rate (CBR) at 8.75% during its meeting scheduled for August 11, 2026. The recommendation comes ahead of the MPC meeting, with the banking sector lobby citing contained inflation, exchange rate stability and […]
NCBA Group H1 2026 Net Profit Rises 12.2% to KES 12.4 Billion on Strong Banking Performance
NCBA Group Plc reported a 12.2% increase in net profit to KES 12.4 billion for the six months ended June 2026, up from KES 11 billion recorded in the same period last year, supported by stronger earnings from its Kenyan banking business and growth across Uganda, Tanzania and Rwanda. The group’s Kenyan banking subsidiary remained […]
NCBA, KCB and Co-op Bank CEOs Charged Over Failure to Report KSh363 Million Crime Proceeds
The Director of Public Prosecutions (DPP) has charged the NCBA, KCB and Co-op Bank CEOs with failing to report suspicious transactions linked to alleged proceeds of crime under Kenya’s anti-money laundering laws. The three bank executives are accused of failing to report suspicion regarding proceeds of crime, contrary to Section 5 as read with Section […]
How IFC’s $24.2 Million Guarantee Will Expand Credit Access for Kenyan Small Businesses
The International Finance Corporation (IFC) has launched its first transactions in Africa under the Catalytic First Loss Guarantee (CFLG) Program, unlocking a new financing pathway for Kenyan entrepreneurs through partnerships with 4G Capital, Equity Bank Kenya, and KCB Bank Kenya Limited. The initiative is expected to catalyze approximately $144.4 million equivalent in local currency lending […]
How NCBA’s PropertyDuka Combines Property Search, Financing and AI Solutions in One Platform
NCBA Group has launched PropertyDuka, an AI-powered digital property marketplace designed to simplify the property ownership journey by bringing together property discovery, financing, insurance, construction and home-related services within a single platform. The platform, operated by NCBA Leasing LLP, a subsidiary of NCBA Group PLC, is positioned as East Africa’s first AI-native property ecosystem. It […]
Nedbank Secures 79.9% NCBA Shareholder Approval as H1 Earnings Reach R8.4 Billion
Nedbank Group Limited reported largely unchanged headline earnings of R8.4 billion ($509 million) for the six months ended 30 June 2026, as income growth and cost discipline offset higher impairment charges. The South African banking group released its unaudited interim financial results on 4 August 2026, noting that the performance exceeded its expectations at the […]
Kenyan Importers Gain Direct RMB Payment Access as Stanbic Connects to China’s CIPS
Stanbic Bank Kenya has started processing Renminbi (RMB) transactions through China’s Cross-Border Interbank Payment System (CIPS), enabling Kenyan businesses to make direct RMB payments when trading with China. The new capability gives Stanbic Bank Kenya customers access to China’s wholesale payment infrastructure approved by the People’s Bank of China for cross-border Renminbi clearing and settlement. […]
I&M Bank’s TekeTeke Innovation Advances to Global Stage After Winning UNGC SDG Innovation Accelerator Programme
I&M Bank Kenya has emerged as the overall winner of the United Nations Global Compact (UNGC) SDG Innovation Accelerator Programme 2026 in Kenya, securing the top position in a global sustainability-focused innovation programme designed to support young professionals developing solutions aligned with the United Nations Sustainable Development Goals (SDGs). I&M Bank’s winning team advanced through […]
Moringa School Graduates over 1,700 as Kenya Builds an AI-Ready Workforce
Moringa School graduated 1,761 learners across eight technology disciplines in Nairobi on Wednesday, bringing employers, education leaders and public-sector stakeholders together to celebrate the technology talent of the future. The graduating cohort completed programmes in Data Science, Artificial Intelligence, Cyber Security, Data Analytics, Software Engineering, DevOps, Product Design and Data Visualisation. Together, the eight tracks […]