Author: Lorine Otamo

Airtel Money is expected to file for a London stock exchange listing as early as this week, seeking a valuation of $8 billion to $9 billion in what would rank among the largest African fintech offerings to reach the market. The mobile money arm of Airtel Africa plans to raise at least $800 million from investors through the offering, according to people familiar with the matter. That figure marks a scaled back ambition. Bloomberg News reported last week that Airtel Money’s owners were considering trimming the deal from a previously targeted range of $1.5 billion to $2 billion, as the…

Minet Kenya has appointed Carole Nderitu as Chief Operating Officer, effective 1 September 2026, adding the role to her existing position as Group Chief Operating Officer at the insurance broker. The company announced the move in a leadership notice this week, describing it as recognition of her expanded remit across the business. The appointment lands three days after Minet Group elevated Sammy Muthui, Minet Kenya’s Chief Executive Officer and Managing Director since 2017, to Chief Executive Officer for the Eastern Africa Region on 28 August. Muthui keeps his Kenya role alongside the regional one, and Nderitu’s new title fills out…

Josephine Wawira has been appointed Chief Communications Officer at the Kenya Private Sector Alliance (KEPSA), taking the alliance’s top communications post after six and a half years with the organisation. Wawira moves into the C suite role from her position as Head of Corporate Communications, a post she has held since April 2024. Her promotion caps a steady climb through KEPSA’s communications ranks that began in April 2020, when she joined as a Communications Officer under the Sustainable Inclusive Business Program, a partnership between KEPSA and the Embassy of the Netherlands in Kenya. “Three days to my birthday, and I…

Kenya’s fund management industry is shifting toward a platform model, and Standard Chartered placed one of its biggest bets on the trend. The bank has secured approval from the Capital Markets Authority to launch its Signature Select Variable Capital Company in Kenya, joining a small but growing group of institutions that package multiple fund managers, strategies and asset classes into a single structure. For investors, that means one gateway into a range of global opportunities instead of separate accounts scattered across providers. Why Fund Managers Are Moving To Platforms A single fund used to mean a single manager and a…

KCB Bank Kenya has joined RUBiS Energy Kenya and the Kenya Tourism Board to launch Kenya Beyond Sight, a campaign that sends six content creators through the country’s eastern and coastal regions on a journey designed around touch, sound and taste rather than sight alone. The five day trip is meant to push the tourism industry to think past postcard imagery and consider travellers who experience destinations differently, including people with visual impairments. Six creators are taking part: J Supercharge, Denno Music, Sammy Brayo, Nancy Cosy, Chelah Richards and Delvin Obara. Why the three partners got involved Each partner is…

Absa Bank Kenya has confirmed Yusuf Omari as Managing Director and Chief Executive Officer with immediate effect, ending a leadership transition that began three months ago. The board announced the appointment after Omari cleared all required regulatory and internal approvals, moving him from interim to substantive head of the bank. He had held the interim post since July 1, 2026, when the board turned to him following Absa Bank Kenya’s confirmation of Abdi Mohamed’s move to I&M Bank Kenya, closing a three year run that saw the bank’s share price double and its cost to income ratio tighten from 41…