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Business

Safaricom Achieves Record KSh 163 Billion Revenue in FY2025 with Fiber Expansion

Safaricom's latest financial results show 8.7% year-on-year revenue growth driven by fiber broadband subscriptions reaching 1.2 million customers, signaling a shift from mobile-only operations toward converged services.

2 min
Business

Public-Private Partnerships Accelerate Kenya Infrastructure Development With KSh 156 Billion Committed

Public-private partnership frameworks in Kenya secured KSh 156 billion in committed investment during 2025-2026 for roads, water, energy, and social infrastructure. PPP projects including the Nairobi Ring Road and coastal water supply systems advanced Kenya's Vision 2030 infrastructure agenda through private sector capital mobilization.

2 min
Business

County Investment Conferences Attract KSh 18.7 Billion in Committed Business Development Projects

Kenya's devolved county government investment conferences in 2025-2026 attracted KSh 18.7 billion in committed business development projects across 47 counties. Nakuru, Kisumu, and Mombasa counties led private sector investment attraction, promoting agribusiness, manufacturing, and tourism development opportunities.

2 min
Business

Jomo Kenyatta International Airport Modernization Project Targets KSh 42 Billion Investment

Kenya's flagship Jomo Kenyatta International Airport announced modernization plans requiring KSh 42 billion investment through 2028. Terminal expansion and cargo facility development aim to enhance Kenya's position as East Africa's aviation hub supporting tourism and regional trade growth.

2 min
Business

Industrial Energy Costs Surge 28% as Manufacturing Competitiveness Faces Pressure in 2026

Kenya's manufacturing sector confronted rising energy costs exceeding 28% year-over-year increases during 2025-2026, eroding profitability margins and threatening industrial competitiveness. Diesel and electricity prices increased substantially, affecting energy-intensive manufacturing operations and transportation costs.

2 min
Business

Supply Chain Disruptions and Resilience Strategies Challenge Kenya's Manufacturing Competitiveness

Kenya's manufacturing sector grappled with supply chain vulnerabilities in 2025-2026, including port congestion, container shortages, and regional logistics constraints. Manufacturing businesses implemented diversification and local sourcing strategies to enhance operational resilience amid persistent disruptions.

2 min
Business

Kenya E-commerce Market Grows 34% Annually as Jumia Competes With Local Platforms

Kenya's e-commerce sector experienced robust growth of 34% annually during 2024-2026, with Jumia Africa maintaining market leadership despite intense competition from local platforms including Jiji, OLX, and emerging marketplaces. Mobile commerce drove growth as smartphones penetration exceeded 82% of urban populations.

2 min
Business

Kenya's Co-working Spaces Support Startup Ecosystem With 250 Active Ventures by 2026

Nairobi's co-working sector expanded to 35 operational spaces hosting over 250 active technology startups and digital enterprises. Innovation hubs including iHub, Nailab, and GrowthAfrica provided infrastructure and mentorship supporting entrepreneur success in East Africa's tech epicenter.

2 min
Business

Nairobi MICE Industry Expansion Attracts Regional and International Conference Events

Nairobi's meetings, incentives, conferences, and exhibitions industry grew substantially with venue capacity exceeding 45,000 simultaneous attendees. Regional headquarters for multinational organizations and African Union recognition positioned Nairobi as East Africa's premier MICE destination.

2 min