Author: Martha Etale

Kamilisha is Co-op Bank’s instant overdraft facility offering up to KSh 100,000 via mobile channels, with flexible repayment and transparent fees designed to support urgent transactions for individuals and SMEs. What Is Kamilisha? Kamilisha is a short-term overdraft facility by the Co-operative Bank of Kenya, accessible via the MCo-opCash app, USSD, and other digital platforms. It allows eligible customers to complete transactions instantly. Maximum limit: Up to KSh 100,000 Tenure: 30 days from first use Access channels: Mobile app, USSD, ATM, POS, agency banking Eligibility: Based on account activity, salary history, and credit score Customers can opt in via the…

Business Network International (BNI), one of Nairobi’s leading business networking communities, will host an exclusive Financial Literacy Dinner at the Mövenpick Hotel, Nairobi. Themed “Money, Money Everywhere, and Nothing in the Pocket,” the event aims to spark honest conversations around personal finance, wealth management, and intentional giving while raising funds for the Kids2Kids street children rehabilitation program. Why Financial Literacy Matters Now More Than Ever Despite rising incomes among Kenya’s professionals and entrepreneurs, many still struggle with budgeting, debt, and long-term investments. According to the Standard & Poor’s Global Financial Literacy Survey, only 38% of Kenyan adults are financially literate,…

Kigali, Rwanda – Paradigm Tower Ventures (“Paradigm”), a newly launched sub-Saharan African towers platform backed by Convergence Partners, British International Investment (BII), and Proparco, has completed its first investment with the acquisition of IHS Rwanda Limited from IHS Holding Limited (NYSE: IHS). The deal, originally announced in May 2025, transfers ownership of approximately 1,467 telecom tower sites across Rwanda to Paradigm, positioning the company as the country’s largest independent tower operator. Rand Merchant Bank, a division of FirstRand Bank Limited, acted as mandated lead arranger, sole funder, and financial advisor to Paradigm. Powering Connectivity for 5.3 Million Rwandans The acquired…

The 53rd edition of the Africa Concours d’Elegance delivered a dazzling spectacle of chrome, craftsmanship, and competition at Nairobi’s Ngong Racecourse on Sunday, 28 September 2025. With over 10,000 spectators in attendance, the event crowned Sati Gata-Aura as the overall car class winner for the second consecutive year; this time with his metallic green 1947 MG TC. Car Class: Gata-Aura’s MG TC Reigns Supreme Gata-Aura’s MG TC scored a commanding 277 points, outclassing 74 other entrants across six judging categories: Underside: 37 points External Finish: 77 Interior Finish: 59 Engine: 55 Roadworthiness: 6 Age: 43 This triumph follows his 2024…

Kenya’s tourism sector is embracing tech-powered transformation with the launch of Uber Safari, a new product category from Uber Technologies Inc. that offers curated wildlife experiences in Nairobi National Park. Launched on September 17, 2025, Uber Safari allows users to book three-hour guided day or night safaris directly through the Uber app, targeting short-stay visitors, business travellers, and residents seeking seamless access to Kenya’s iconic wildlife. “With Uber Safari, we are excited to be unlocking new ways for people to connect with our incredible wildlife heritage,” said Imran Manji, General Manager of Uber East Africa. “This product is designed to…

Daikin Airconditioning India Pvt. Ltd. (DAIPL), a wholly owned subsidiary of Daikin Industries Ltd., Japan, has inaugurated its new regional office in Nairobi, Kenya. Located on the 8th floor of One Africa Place, the facility features a showroom showcasing Daikin’s advanced HVAC solutions tailored for Africa’s growing demand for energy-efficient air-conditioning. Mr. Kanwaljeet Jawa, CMD of Daikin India and Board Member of Daikin Industries Ltd., emphasised the strategic importance of the move: “We have plans to get aggressive in our approach within Africa and the new Daikin office is a key step towards strengthening Daikin’s endeavour to capture significant market…