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Glovo commits Ksh. 2B to supercharge Kenya’s digital economy & job creation

 Glovo has signed a Memorandum of Cooperation with Kenya’s Ministry of Labour and Social Protection to accelerate Kenya’s digital transformation and foster inclusive economic growth for the platform economy. “I commend Glovo for its responsible innovation and commitment to youth employment and inclusive growth. We look forward to continued engagement with Glovo and other stakeholders
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How AI is revolutionizing traditional banking roles

 Artificial Intelligence (AI) is advancing at an incredible rate, leading to the invention of new and sophisticated models that create faster and more efficient ways of performing tasks. This rapid evolution promises to revolutionize various aspects of our lives. As organizations strive to meet the growing demands for access, connectivity, and flexibility, it’s clear that
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Salus Cloud receives $3.7M funding to accelerate secure software delivery in growth markets

 Salus Cloud has received a $3.7 million seed funding to advance its mission of accelerating access to secure software delivery across Africa, the Middle East, and other growth markets. The round was co-led by two of Africa’s leading investors in transformative technologies, Atlantica Ventures and P1 Ventures. It had additional backing from pan-African venture capital
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Bolt Comfort launched to give customers a comfortable ride with newer & spacious cars

 On demand taxi platform, Bolt, has launched Bolt Comfort, a premium taxi service designed to offer comfort and space at a higher price. Bolt Comfort will feature newer-model vehicles, 2016 and above, mandatory air-conditioning, and access to top-rated drivers (4.8+ rating). “Keeping our services affordable remains central to how we operate at Bolt,” said Dimmy
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Kenya’s solar progress at risk as Finance Bill 2025 proposes 16% VAT hike

 Kenya Renewable Energy Association (KEREA) have said that the proposed 16% VAT on solar equipment in the Finance Bill 2025 would lead to job losses and will also make solar power unaffordable to many. The proposed tax will put clean, affordable energy out of reach for Kenyan households and threatens over 10,000 jobs nationwide. According
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African General Counsel juggle expanding responsibilities amidst infrastructure gaps, new report shows

 General Counsel in Africa are being asked to wear multiple hats amid rising complexity and persistent gaps in legal infrastructure. They are being asked to balance core legal responsibilities with strategic oversight of risk, compliance, ESG and governance. These findings come from On the Horizon: A 2025 African GC Perspective, the first survey of in-house
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Roam launches the Generation 2 Roam Air motorbike in Kenya

 Roam has announced that it has launched the new Generation 2 Roam Air, an upgraded electric motorcycle designed with direct input from boda boda riders. The new model features over 40 improvements and has been tested in both urban and rural settings. The revamped Roam Air comes with a reinforced frame that supports up to
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BuuPass to represent Kenya at the Startup World Cup Grand Finale in San Francisco

 BuuPass is set to represent Kenya at the Startup World Cup 2025 Grand Finale in San Francisco, United States of America. For the first time, Kenya has joined the global Startup World Cup circuit. This has been made possible by a partnership between Silicon Xchange, the Kenya National Innovation Agency (KeNIA), and NaiBAN. Out of
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Equity Bank retains crown as Kenya’s most valuable brand amidst banking sector dominance; Tusker emerges as strongest

 Equity Bank has been named as Kenya’s most valuable brand, securing the top spot for the second consecutive year in the 2025 ranking according to Brand Finance. The continued dominance underscores the robust performance of the nation’s banking sector, which collectively accounts for over half of the total brand value in the latest valuation. Meanwhile,
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Absa Business Credit Card launched to empower SMEs to optimize cash flow & track expenses

 Absa Bank Kenya together with Visa have launched the Absa Business Credit Card. It is aimed at empowering SMEs by improving transactional efficiency and expense tracking. The Absa Business Credit Card gives businesses the ability to optimize their cash flow with flexible interest-free credit options of between 20 to 50 days on payables. The card
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