The Nairobi Securities Exchange Plc (NSE) launched the NSE EmpowerHER Patrons Circle, a leadership and advocacy platform dedicated to advancing gender inclusion, improving women’s access to capital, and expanding investment opportunities across Kenya. The launch event was attended by Ms Mary Muinde, Chief of Staff in the Office of the First Lady, Mrs. Rachel Ruto, who highlighted the First Lady’s commitment to women’s economic empowerment. We’re thrilled to welcome our inaugural NSE EmpowerHER Patrons Circle—today, leaders joined forces to champion women’s voices in finance. Together, we’re turning strategic vision into lasting change, because when women thrive, markets thrive. #EmpowerHER #InclusiveGrowth…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
The African Export-Import Bank (Afreximbank) plans to launch a $1 billion Africa Film Fund through its development impact investment arm, the Fund for Export-Development in Africa (FEDA), as part of its Creative Africa Nexus (CANEX) Programme. This private equity fund aims to support the production and global distribution of high-quality African films and television series, addressing challenges such as limited funding, scalability, and access to global markets. Announced at CANEX Weekend 2024 in Algiers, Algeria, in October 2024, the fund seeks to empower African filmmakers to create globally appealing content, amplifying Global Africa’s cultural influence. It will mobilise patient capital…
Bank Al Habib Limited (BAHL), a Pakistani commercial bank, will close its Nairobi representative office effective May 15, 2025, following approval from the Central Bank of Kenya (CBK) on April 30, 2025. Strategic Closure and Regulatory Compliance The closure aligns with the Banking Act (Cap. 488, Laws of Kenya) and CBK’s Prudential Guidelines. It follows a strategic review by BAHL’s Board of Directors as part of a global restructuring initiative to consolidate international operations and enhance efficiency. “BAHL hereby notifies its customers, the general public, stakeholders, and all interested parties that BAHL shall close down its Representative Office in Kenya…
EV Explorers has made history as the first team to enter a zero-emission electric vehicle (EV) in the Rhino Charge, a renowned annual off-road 4×4 competition in Kenya. This milestone marks an advancement in sustainable mobility, demonstrating the capability of EVs in extreme off-road conditions while supporting the conservation efforts of the Rhino Ark Charitable Trust. A Historic First for Rhino Charge The inclusion of an EV in the Rhino Charge’s 35-year history underscores the growing interest in climate-smart technologies. The event raises funds for conservation and has amassed over KES 2.4 billion ($18.56 million) since its inception. These funds…
The High Court in Nairobi on April 2, 2025, ruled President William Ruto’s 2023 National Climate Change Council appointments unconstitutional due to insufficient public participation and lack of transparency. Justice Lawrence Mugambi nullified the appointments of Emily Mwende Waita, John Kioli, Umar Omar, and George Odera Outa, ordering fresh nominations within 90 days in compliance with constitutional requirements. The court found that the selection process violated principles of good governance, accountability, and competitive recruitment mandated by the Climate Change Act of 2016. Court Upholds Need for Public Participation Justice Mugambi emphasised the absence of evidence demonstrating stakeholder engagement or public…
Land prices in Nairobi’s suburbs remained steady in the first quarter of 2025, recording a quarter-on-quarter growth of 1.7%, identical to the rate posted in the previous quarter. According to Hass Land price indices for the first quarter of 2025, this stability contrasts with the continued contraction in property sale prices across these areas, marking the fifth consecutive quarter of declining property prices. Nairobi Suburbs Performance Overall Growth: The Nairobi Suburbs-18 Land Index rose by 1.7% in Q1 2025, maintaining the same pace as Q4 2024. Top Performers: Spring Valley led all suburbs with a 3.7% quarterly increase, followed by…