Finance

Safaricom, PayPal and Transfer To Collaborate for International eCommerce, Transfer of Funds to and From M-PESA

The new service will allow Kenyans to sell and buy globally by linking their PayPal and M-PESA accounts   Nairobi, Kenya – 9th April 2018… Safaricom (NSE: SCOM), PayPal and TransferTo have today announced a collaboration on a new service that will allow movement of funds between M-PESA and PayPal accounts, a huge

CBA Launches Operations In Rwanda Following The Successful Acquisition of Crane Bank Rwanda

Nairobi and Kigali, March 20th, 2018: Kenya’s largest privately owned bank, Commercial Bank of Africa (CBA) has officially started its banking

Corporate Social Investments

Safaricom Launches Loyalty Promotion to Reward Every M-PESA Customer

M-PESA Customers to Win One of Seven Apartments and KES 300 Million in “Maisha Ni M-PESA Tu” Campaign Nairobi, Kenya – 18th June 2018… Safaricom (NSE: SCOM) has today launched a loyalty promotion that seeks to reward all M-PESA customers and agents. Dubbed “Maisha Ni M-PESA Tu”, the promotion will reward customers every time they send and receive money, transfer money from a bank account to M-PESA and for all Lipa Na M-PESA transactions. “M-PESA has grown from a simple service that enables customers to send money

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Nairobi, Kenya – 11th July 2018… Safaricom (NSE: SCOM) has today announced a KES 5 million sponsorship towards the 2nd Edition of the Karen Masters Tournament, scheduled to take place at Karen Country Club from 19th to 22nd July 2018. As the official telecommunications sponsor, the amount will cater for event logistics, a fully kitted media centreRead More →

WASHINGTON, June 15, 2018 — The World Bank today approved a $50 million International Development Association (IDA)* credit to increase scale innovation and productivity amongst Kenya’s enterprises. The Kenya Industry and Entrepreneurship project (KIEP) is expected to benefit some 33,050 individuals and 2,393 firms. It will support the ambitious development targetsRead More →

Kenya Airways calls on investors to take advantage of the non-stop flights to the United States.  Nairobi, June 27, 2018…Kenya Airways has called on US investors and the Kenyan business community to take advantage of the non-stop flights to New York that will link Africa, the United States and theRead More →

Nairobi, Monday, 25th June 2018… Final preparations are in high gear ahead of the inaugural Young Scientists Kenya (YSK) National Science and Technology Exhibition, which is set to take place at the Kenyatta International Convention Centre (KICC) on 5th and 6th July 2018.  Young Scientists Kenya is a unique platformRead More →

105,000 Farmers in Meru County to Access Affordable Inputs, Financing and Advisory Services through Their Phones Nairobi, Kenya – 20th June 2018… Safaricom (NSE: SCOM) in partnership with iProcure, FarmDrive and Arifu have today opened four Digifarm depots in Meru County. Located in Laare, Nkubu, Mikindori and Meru Town, theRead More →

New store will cater to residents of Karengata area and those living along Magadi Road  Nairobi, Kenya, June 21, 2018: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced its plans to open a new hypermarket at Galleria Shopping Mall onRead More →

Nairobi, Kenya- June 19, 2018…Cabinet Secretary Ministry of Environment and Forestry, Keriako Tobiko has today commissioned a Kshs.164million Mau Eburu project funded by the M-PESA Foundation.  The conservation project, which commenced in 2013, involved the construction of a 50-kilometre electric fence and extensive reforestation along the gazetted forest boundary toRead More →

Nairobi– June 18, 2018… Ogilvy, Africa’s premier integrated communications agency continues with its exemplary showcase of the best work, with several awards at the Social Media Week’s inaugural Digital Media Awards.  This year’s winners were announced on Friday night, at the Mövenpick Hotel & Residences Nairobi in Westlands, Nairobi.  The agencyRead More →