Telcos are the new banks’ – Safaricom Plc sets eyes on Kenya’s Money Market

Safaricom Plc, Kenya’s leading mobile firm, is looking for partnerships with fund managers and investment banks as it seeks to become a fully-fledged financial services provider. “Safaricom Plc is in negotiations with fund managers, investment banks and insurance companies to partner on a raft of mobile phone-based savings and wealth-management More...

U.S. charges Kenyan militant with researching 9/11-style airplane hijacking
Reuters: U.S. prosecutors said on Wednesday they had charged a Kenya-born militant with terrorism-related offenses, including conspiring to hijack aircraft for a 9/11-style attack on an American target on behalf More...

Virtual Jamhuri Day 2020 Celebrations for Kenyans in the Diaspora -London/Rome/Paris
Kenyans in cities across the world joined online platforms to celebrate 57th Jamhuri Day. In London the virtual celebrations, first of kind were led by H.E Manoah Isipisu, Kenya’s High Commissioner to the More...

Kenya’s ice cream, chocolate maker Glacier Products clinches investment from EXEO Capital
KENYA – Glacier Products Ltd, one of Eastern Africa’s leading ice cream and chocolate confectionery manufacturers operating from Kenya has received an undisclosed amount of investment from EXEO Capital, a More...

Kenya – Cautious optimism as the country opens up after months of partial lockdown
Reuters – Kenya’s President Uhuru Kenyatta announced on Monday a phased reopening of the country from a COVID-19 lockdown, lifting restrictions on travel in and out of the capital Nairobi and allowing air More...

Financing Africa – The role of Africa Diaspora Remittance and Diaspora Savings
Financing Africa’s public and private sector projects has always been an expensive business, the outbreak of COVID 19 adds further strain to Africa’s access to finance in an already stretched environment. More...

Kenya Society mourns long standing Member – Wangula Khasiani
Kenya community in the UK and Kenya Society are mourning the death of Mr Wangula Khasiani, who passed away in a London Hospital . He had been undergoing treatment for COVID 19. Our deepest sympathy, thoughts and More...

World Bank Predicts Sharpest Decline of Remittances in Recent History
Remittances to sub-Saharan African economies could fall by as much as 23.1% this year according to new World Bank estimates, due to the impact of the Coronavirus pandemic. Total flows could drop from $48bn in 2019 More...

Unwanted at Home and abroad ‘ Kenyans in the Diaspora protest Government Negligence.
Kenyans in the Diaspora are frustrated and accuse the Government of neglecting them. We are much more than the Remittance we send home, they said. Unwanted at home and abroad – ”They let politicians, More...

We are much more than the remittance’ – Kenya Diaspora
Kenyans in the Diaspora ‘those of the remittance’ are constantly reminded of their patriotic duty to support Kenya’s economic development by way of sending money (remittance) More...