The ADI Foundation has partnered with M-PESA Africa, aiming to extend blockchain infrastructure to more than 66.2 million monthly users across eight African countries. The collaboration will deploy ADI Chain in Kenya, DR Congo, Egypt, Ethiopia, Ghana, Lesotho, Mozambique, and Tanzania, creating institutional‑grade digital rails for individuals and small businesses. Expanding Financial Access Through Blockchain Since its 2007 launch in Kenya, M-PESA has transformed financial inclusion by enabling millions to access services via mobile devices, bypassing traditional banking barriers. The new partnership builds on this foundation by integrating blockchain capabilities into M-PESA’s infrastructure, which already processes $309 billion annually. “M-PESA…
Author: Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Uchumi House, a five‑storey commercial property located at the junction of Aga Khan Walk and Nkrumah Lane in Nairobi’s Central Business District (CBD), is on sale for Sh562.5 million. The building, which includes a basement and mezzanine floor, sits on a 0.28‑acre parcel and offers a total floor area of 4,491 square metres. Current tenants include Naivas Supermarket and Pronto Restaurant, providing immediate rental income to a prospective buyer. Prime Location with Strong Investment Appeal Uchumi House is surrounded by Sunken Parking, Electricity House, Nairobi Cinema, and the Kenya Re Building, reinforcing its strategic positioning within Nairobi’s commercial heart. The…
Kenya’s equity markets opened the new year with solid gains, signaling renewed investor confidence. Prices rose 1.8%, driven largely by the top 10 most liquid counters, which advanced 2.3%. The NSE 25 and NSE 20 indices also posted gains of 2.1% and 1.3% respectively. The banking sector led the rally, climbing 2.6% on early investor positioning ahead of the March earnings season. Market Activity Despite the upbeat start, overall market activity was subdued: Turnover fell 25.2% to KES 1.07Bn from KES 1.43Bn, reflecting the extended festive period. Volumes traded rose 9.5% to 47.74Mn shares, boosted by a 164.6% surge in…
East African Breweries PLC (EABL) has announced that the High Court has allowed regulatory approval processes for a contested transaction to continue, despite an application filed by Bia Tosha Distributors Limited. High Court Allows Regulatory Processes to Proceed In its ruling delivered on Wednesday, the Court directed that all regulatory approvals and preliminary statutory steps for the transaction should move forward as planned. The Judge underscored the significance of the transaction, declining to halt or paralyse the regulatory process. Temporary Preservation Order Issued Until January 20, 2026 The Court, however, issued a temporary preservation order restraining only the final steps…
Education Cabinet Secretary Julius Ogamba officially presented the 2025 Kenya Certificate of Secondary Education (KCSE) results to President William Ruto, a milestone for nearly one million learners. The 2025 cohort saw a total of 993,000 candidates sit for the national examinations, which were conducted between October 21 and November 14, 2024. In a historic achievement for gender parity in education, girls accounted for exactly 50% of the total candidature. Key Performance Highlights The 2025 results show a competitive academic landscape, with a notable number of students securing spots in higher education. Elite Scorers: 1,932 candidates achieved the coveted Grade A…
Kenya’s economy grew by 4.9% in the third quarter of 2025, up from 4.2% in the same period of 2024, even as the country’s external trade deficit widened sharply. Data from the Kenya National Bureau of Statistics (KNBS) show that growth was driven by agriculture, construction, and mining, while imports surged from Asia, straining foreign‑exchange reserves. Agriculture, Construction and Mining Lead Growth The agriculture, forestry, and fishing sector expanded by 3.2%, reinforcing its role as a key driver of Kenya’s economy. The construction sector rebounded strongly, swinging from a 2.6% contraction in Q3 2024 to 6.7% growth in Q3 2025.…