Business

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UN General Assembly president Philemon Yang visits Equity Bank for talks on youth & innovation

 Philemon Yang, the President of the United Nations General Assembly (UNGA), visited Equity for discussions centered on youth innovation, digital technology, and sustainable development. During the visit, he was hosted by Equity Group’s Chairman Professor Isaac Macharia, alongside other Board members and senior managers. H.E. Yang, former Prime Minister of Cameroon and current President of
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Athletes receive financial wellness training ahead of the 2025 Absa Sirikwa Classic World Cross Country Tour

 Absa Bank Kenya has intensified its support for athletes beyond the track by organising a financial management and nutrition program for 105 athletes in preparation for the upcoming Absa Sirikwa Classic World Cross Country Tour. The event is scheduled for Saturday, February 22, at Lobo Village in Eldoret. The wellness training took place at the
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MANSA receives $10M funding with plans to expand to Latin America & Asia

 MANSA has announced that it has successfully raised $10 million funding from various investors as it seeks to expand its business. Co-founded by Mouloukou Sanoh and Nkiru Uwaje, MANSA has expertise across traditional finance, payments, and Web3. MANSA has raised $3 million in a pre-seed funding round led by Tether and co-led by Polymorphic Capital
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Kenya Airways named the African Air Cargo Airline of the Year

 Kenya Airways (KQ) has received the African Air Cargo Airline of the Year award at the Air Cargo Africa Conference 2025. The award, determined through an extensive online voting process by readers of STAT Trade Times recognizes KQ Cargo’s service, innovation, and significant contributions to the growth of Africa’s cargo industry. STAT Trade Times is
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TCL to sponsor the Olympics to 2032 in new deal

 The International Olympic Committee (IOC) yesterday announced a Worldwide Olympic Partnership with global technology company TCL through to 2032. TCL will be the official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. TCL products will drive new experiences for fans and athletes, from digital displays at the Olympic and
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DTB forecasts an increase in loans to individuals & SMEs as Kenya’s economy stabilises

 Diamond Trust Bank (DTB) has forecast an increase in lending to individuals and small businesses as Kenya’s economy stabilises and growth becomes steady after the difficult times encountered last year. DTB Kenya Chief Executive Officer Murali Natarajan said the banking sector’s credit are also likely to double in the next decade from the current $32
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Kenya Airways add a Boeing 737-800 to its fleet

 Kenya Airways (KQ) has expanded its fleet with the addition of a Boeing 737- 800 with a capacity of 170 seats, growing its fleet to 35 aircraft. This addition is part of KQ’s ongoing fleet expansion strategy. The acquisition of the aircraft from Dubai Aerospace Enterprise (DAE) will immediately boost KQ’s available seat inventory. Allan
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Magical Kenya Open 2025 receives Ksh. 5 million sponsorship from Safaricom

 Safaricom has announced a sponsorship of Ksh. 5 million for the 2025 Magical Kenya Open (MKO) golf tournament. The tournament is set to take place from Thursday 20th to Sunday 23rd February 2025 at the Muthaiga Golf Club in Nairobi. As the official technology partner, Safaricom will provide internet connectivity through the provision of a
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