Kenya Power to Invest Sh258M in Electric Vehicles and Charging Stations
Kenya Power announces plans to invest Sh258 million in electric vehicles and charging infrastructure, aiming to bolster the country’s e-mobility sector.
Year: 2024
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US Company Acquires Kwale Miner’s Parent Firm in Sh31bn Deal
Base Titanium’s parent company, based in Australia, is set to be acquired by American mineral resources firm Energy Fuels in a significant deal worth Sh31.8 billion (375 million Australian dollars).
Sidian Bank Founders Earn Sh842m 16% Stake
Sidian Bank founders and individual shareholders have collectively earned Sh841.66 million from the sale of their entire stake, marking a significant transaction in Kenya’s banking sector.
Bolt and M-KOPA Partner to Launch Electric Motorcycles in Kenya
Bolt and M-KOPA have teamed up to introduce electric motorcycles in Kenya, offering new and existing drivers the opportunity to lease ROAM and Ampersand electric bikes at discounted rates.
President Ruto Inaugurates Connected Africa Summit 2024
President William Ruto inaugurated the inaugural Connected Africa Summit 2024, emphasizing the pivotal role of African youth in driving the continent’s digital transformation.
Said Ali Named Namibia’s New Honorary Consul in Kenya
The Namibian Ministry of International Relations and Cooperation announces the appointment of Said Ali as Namibia’s Honorary Consul to Kenya, effective February 14, 2024, reinforcing bilateral relations and mutual interests between the two nations.
Kingdom Bank Expands with New Gikomba Branch Opening
Kingdom Bank expands its footprint with the opening of a new branch in Gikomba, Nairobi, catering to the vibrant Micro, Small, and Medium Enterprises (MSMEs) community.
First Bank Appoints Olusegun Alebiosu as Acting CEO
First Bank of Nigeria appoints Olusegun Alebiosu as acting Managing Director and CEO, succeeding Adesola Adeduntan.