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Old Mutual Reports KES 1.1B Profit Before Tax in H1 2024 Amidst Strong Growth Across Key Metrics.

Old Mutual Holdings PLC has posted a significant turnaround in its financial performance for the fir…
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Prudential Leverages Google Cloud to Build Next-Gen AI Insurance Products.

Prudential Plc has announced a significant expansion of its partnership with Google Cloud, aiming to…
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Invesco Insurance Placed Under Statutory Management Amid Financial Troubles.

Kenyan insurer Invesco Assurance Company has been placed under statutory management by the Insurance…
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ShafDB and CPF Group Partner to Boost Affordable Housing in Kenya.

Shelter Afrique Development Bank (ShafDB) has signed a Memorandum of Understanding (MOU) with CPF Gr…
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Jubilee Health Insurance Wins Top Honor for Innovation in Affordable Policies.

Jubilee Health Insurance has been recognized as the Best Insurer in Offering Innovative and Affordab…
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Jubilee Asset Management Launches Dollar Money Market Fund.

Jubilee Asset Management has unveiled a new Dollar Money Market Fund designed to offer investors a s…
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Founders Factory Africa Rebrands as 54 Collective, Eyes Pan-African Growth.

Founders Factory Africa (FFA), a prominent startup accelerator and venture capital firm, has rebrand…
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Jumia Reports Significant Losses Despite Increased Orders in Q2 2024.

In a challenging quarter marked by substantial financial losses, Jumia Technologies AG (NYSE: JMIA),…
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Kenya’s Homegrown Brand Mobius Motors Shuts Down After 13-Year Journey.

Mobius Motors, the once-celebrated Kenyan automotive startup, has announced its closure after a 13-y…
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A British Virgin Islands Investment Firm, Kingsbourne Assets Limited, has formed a joint venture with a Kenyan Company.

The Competition Authority of Kenya has approved establishment of a joint venture between Amstel Trad…
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