economy

economy

mTek recieves funding as it plans to expand in E. Africa

mTek recieves funding as it plans to expand in E. Africa

Africa-Press - Kenya. mTek, a Kenyan-based digital online insurance platform has secured an investment of $1.25 million (Sh171.3 million) from Verod-Kepple Africa Ventures (VKAV)...
Teachers sacco rebrands to Univision DT to beat competition

Teachers sacco rebrands to Univision DT to beat competition

Africa-Press - Kenya. Drawing impetus from a ten-year steady growth, premier 48-year-old Kitui Teachers Sacco has rebranded to Univision DT Sacco to stave off...
Experts urge collaboration to prepare youths for future jobs

Experts urge collaboration to prepare youths for future jobs

Africa-Press - Kenya. Kenya will have to embrace collaboration among academia, government and industry to help the young people become competently equipped for the...
Absa puts in more cash in renewable energy and afforestation as profits grow

Absa puts in more cash in renewable energy and afforestation as profits grow

Africa-Press - Kenya. Absa Bank Kenya reaped dividends from investing in people and the environment after posting Sh16.4 billion in net earnings for the...
Leverage technology for oil and gas upstream - PS Liban

Leverage technology for oil and gas upstream – PS Liban

Africa-Press - Kenya. The Principal Secretary State Department for Petroleum Mohamed Liban has lauded the pivotal role played by the Geographical Information System tool...
Oil up over geopolitical tensions as markets await US Fed interest rate decision

Oil up over geopolitical tensions as markets await US Fed interest rate decision

Africa-Press - Kenya. Oil prices increased in early trade on Monday due to geopolitical tensions that are threatening global oil supply and the better-than-expected...
Mombasa court to rule on contested wheat in April

Mombasa court to rule on contested wheat in April

Africa-Press - Kenya. A witness was at pain to explain who gave the auctioneers the go-ahead to sell the disputed wheat worth millions of...
Time for Kenya to take a pole position through storytelling

Time for Kenya to take a pole position through storytelling

Africa-Press - Kenya. The film industry presents a major opportunity for Kenya to service demand by investing in production capability and capacity.Critical in the...
Comesa seals Kuramo Capital's 74% stake in TransCentury

Comesa seals Kuramo Capital’s 74% stake in TransCentury

Africa-Press - Kenya. Pan African private equity firm Kuramo Capital is now a majority shareholder in Kenyan-based TransCentury after the Comesa Competition Commission (CCC)...
Hits and misses in building a competitive manufacturing sector

Hits and misses in building a competitive manufacturing sector

Africa-Press - Kenya. The manufacturing sector is the cornerstone of Kenya’s industrial sector. This sector is not only the economy’s engine of growth but...