Author: John Nyabuto

University students across Kenya with innovative ideas aimed at tackling climate and environmental challenges have been invited to apply for the Cleantech Innovation Competition 2026. The competition is organised by the Kenya Climate Innovation Center (KCIC) in partnership with the Embassy of Switzerland in Kenya, SICPA and Strathmore University. This initiative is targeting early-stage cleantech ideas with potential to address environmental challenges while developing sustainable businesses. Areas of focus include renewable energy, sustainable agriculture, water management, waste management, commercial forestry and other green growth priorities. Selected participants will receive business development and accelerator support, skills training, mentorship, industry networking opportunities,…

TVS Motor Company has launched its electric scooter, the TVS iQube, in Kenya. The iQube will be distributed and supported in Kenya through Car & General, leveraging the company’s established sales and after-sales network across the country. “Driven by our vision to transform lives through exciting, responsible, and sustainable mobility, we are proud to introduce the TVS iQube in Kenya, marking our entry into the African market,” said Peyman Kargar, President, International Business, TVS Motor Company. According to Car & General CEO Vijay Gidoomal, Africa’s two-wheeler market is expected to grow at an estimated 7–10% CAGR through 2030, while the…

Stanbic Holdings has reported a Profit After Tax (PAT) of KES 6.6 billion for the first half of 2026. The Group’s total assets grew 27% to KES 602 billion, while customer deposits increased 28% to KES 422 billion. Customer loans also rose 24% to KES 290 billion. Stanbic maintained strong asset quality during the period, recording a credit loss ratio of 0.5% and non-performing loans (NPLs) of 7.73%, which the Group said was significantly below the industry average. “Our performance in the first half demonstrates the discipline and resilience that continue to define our business. We remain well-capitalised, deeply customer-centric,…

Taara, a graduate of X, Google’s Moonshot Factory and a leader in high-speed, high-capacity wireless optical communication, today announced its continued collaboration with Liquid Intelligent Technologies. Taara has helped Liquid to quickly distribute high-capacity bandwidth from its points of presence at Africa Data Centres and other leading data centers in Nigeria to large enterprises within and beyond the reach of fiber, where traditional deployments can be costly, time-consuming, or operationally challenging, especially in areas where network outages caused by fiber cuts can take days to restore. Over the last two years, Liquid has deployed nearly a dozen Taara links across…

INTERPOL’s African Cyberthreat Assessment Report 2026 says that 55% of reported cybercrime in Africa is now powered by artificial intelligence, making attacks faster, more scalable and harder to detect. INTERPOL’s African Cyberthreat Assessment Report 2026 says that 55% of reported cybercrime in Africa is now powered by artificial intelligence, making attacks faster, more scalable and harder to detect. The report, which is based on data from 36 African countries, warns that cybercrime has become a sophisticated, cross-border industry, a trend that has been accelerated by the continent’s growing digital economy. East Africa was a hotbed for mobile money fraud and…

SanlamAllianz Life Insurance has launched Flexi Future Plus in Kenya. This is a new savings and life insurance solution aimed at helping Kenyans build long-term wealth while protecting themselves and their families against life’s uncertainties. Customers can choose policy terms ranging from five to seventeen years, make either regular or single premium contributions and receive their maturity benefits as a lump sum or spread across up to three annual instalments. The product also includes optional riders covering critical illness, permanent disability, retrenchment and family protection. Speaking during the launch, SanlamAllianz Life Insurance Kenya CEO Jacqueline Karasha said the product was…

Carrefour has partnered with KCB Bank and Mastercard to launch the Carrefour Prepaid Card in Kenya.  The prepaid card allows shoppers to set grocery budgets, track spending and make sure that money budgeted for household essentials is spent on essentials.The move is designed to help customers better control their day-to-day spending without sacrificing the convenience of card payments. Christophe Orcet, Regional Director – East Africa at Majid Al Futtaim Retail, said the new offering is part of Carrefour’s broader commitment to making everyday shopping simpler and more rewarding. “The Carrefour Prepaid card allows customers to plan grocery spending, stay in…

Binance has announced that its tokenised securities platform bStocks has exceeded $500m in assets under management (AUM) just seven weeks since launch. Launched on June 11, 2026, bStocks has expanded rapidly from five tokenised securities to more than 46 listings, allowing eligible users to trade tokenised stocks around the clock and convert instantly between a bStock and its underlying stock at no cost. According to Binance, the platform is attracting a largely crypto-native audience. Data shows that 41.5% of bStocks users are making their first investment in traditional financial markets through tokenised securities, while Gen Z accounts for 44% of…

Kaspersky Global Research and Analysis Team (GReAT) has discovered a previously undocumented malware set used by Mirage Kitten APT. The findings were revealed at its annual Kaspersky Cyber Security Weekend for the Middle East, Turkiye and Africa (META). The malicious tools were used in a targeted campaign aimed at maintaining long-term access to victim networks and stealing sensitive data. The company’s researchers have identified victims of this campaign across the Middle East and Africa, including organisations in Egypt, small and medium-sized businesses and government entities in Jordan and Tanzania, aviation organisations in Pakistan, telecommunications companies in Ethiopia and financial-sector entities…

Swedfund invests USD 12 million in Acumen Resilient Agriculture Fund II (ARAF II). The investment supports growing food and agriculture companies across Africa that strengthen agricultural value chains. By improving access to markets, finance and essential services, these companies help smallholder farmers become more resilient to climate and economic shocks.Over 30 million smallholder farmers operate across Sub-Saharan Africa, accounting for 80 percent of all farms and producing 70 percent of the region’s food (IFAD). Yet many face limited access to finance, quality inputs, reliable buyers and market information. At the same time, they are among those most exposed to climate…