Author: Muindi

Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.

More than 1,000 entrepreneurs, investors and business leaders will gather at the Waterfront Karen in Nairobi on 11 September 2026 for the BNI Nairobi South Business and Innovation Expo, a full day event built around one practical ambition: turning business relationships into revenue. The expo comes at a moment when Kenyan businesses are navigating a demanding economic environment. Access to capital remains tight, consumer spending faces pressure and the search for sustainable growth has pushed more businesses toward referrals and partnerships as a primary growth channel. The BNI Nairobi South Expo plants itself squarely in that gap. What the Day…

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Kenya and Rwanda have signed three agreements allowing Rwanda to import bulk refined petroleum products through Kenya under a Government to Government arrangement, marking a major step in regional trade and energy security. The agreements, signed Monday at KASNEB Tower in Nairobi, comprise a Memorandum of Understanding, a Tripartite Agreement and a Transport and Storage Agreement. Together, they fully open the Northern Corridor for Rwanda’s petroleum imports. Energy and Petroleum Cabinet Secretary Opiyo Wandayi and Rwanda’s Minister of Trade and Industry Antoine Marie Kajangwe witnessed the signing, alongside Kenya Pipeline Company (KPC) Acting Managing Director Pius Mwendwa, Rwanda National Energy…

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One of Kenya’s most recognisable banking executives is moving across town. I&M Group has appointed Abdi Mohamed as Chief Executive Officer of I&M Bank Kenya, the group confirmed on 29 June 2026, subject to approval from the Central Bank of Kenya. Mohamed resigned from Absa Bank Kenya that same day, ending a three-year tenure at the helm of one of Kenya’s largest lenders and a 32-year career within the Absa Group. His appointment lands I&M Bank a CEO with deep institutional knowledge of Kenya’s financial sector at a moment when the group is posting record profits and accelerating its regional…

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Africa’s money is not simply sitting in bank accounts. It moves, hedges, structures, and plans across generations and the people who hold it are far more disciplined than their public image suggests. The Standard Bank 2026 Wealth Report, produced with Business Day, draws on interviews with high-net-worth individuals (HNWIs) and wealth managers across the continent to map how African wealth actually works. The picture that emerges is not of extravagance. It is one of deliberate engineering. “Africa’s wealthy are less concerned with the optics of affluence than with the mechanics of control,” the report notes. In markets defined by currency…

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Tala is cutting up to 10 percent of its Kenya workforce as part of a global reorganisation, a move that could remove between 90 and 100 positions from one of the US fintech’s most established markets. The announcement marks the second round of job cuts in just over a year. In April 2025, Tala declared 28 positions redundant, mainly in its customer service and collections department, representing about 3 percent of its Kenya workforce. This latest round goes further and targets a different driver: not a drop in customer queries, but a deliberate shift in how Tala organises itself globally.…

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d.light has crossed Sh130 billion in cumulative purchasing capacity after African Frontier Capital closed a Sh6.5 billion public Green Bond, marking the first time the off-grid solar sector has raised capital through public bond markets using a PAYGo receivables securitization structure. The bond will list on the London Stock Exchange’s International Securities Market, placing d.light alongside a global exchange that has steadily become a destination for African green finance issuers who lack deep domestic capital markets but need access to international institutional investors. Six years in the making The $50 million bond is less a single transaction and more the…

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