Kenya Archives — City Business News

November 4, 2024 No Responses

Customs Facilitates First Shipment From Nigeria To Kenya Under AfCFTA

The Nigeria Customs Service (NCS) has facilitated Nigeria’s first shipment to Kenya, with Lucky Fibres, a subsidiary of the Tolaram Group, becoming one of the first companies to ship goods to Kenya under the African Continental Free Trade Area Agreement...

March 21, 2024 No Responses

Access Bank To Acquire National Bank Of Kenya

Access Bank is to acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited. in 2019, this is the Nigerian lender’s second acquisition in...

February 3, 2024 No Responses

UBA Appoints Mulili, Samoura As MD/CEO In Kenya, Sierra Leone

United Bank for Africa (UBA) Plc has appointed Ms. Mary Mulili and Mr Mohamed Alhajie Samoura, as the new Managing Directors/Chief Executive Officers of its subsidiaries in Kenya and Sierra Leone respectively. Ms. Mulili’s appointment marks a signi...

October 9, 2022 No Responses

Kenya Beat Hosts Nigeria To Win Final Match Of ICC Under-19 Qualifiers

Kenya’s under-19 men’s cricket team on Saturday defeated hosts Nigeria by 11 runs to win the International Cricket Council (ICC) World Cup Africa Division Two Qualifiers in Abuja. The News Agency of Nigeria (NAN) reports that Kenya defeated their hos...

August 16, 2022 No Responses

Buhari Congratulates Kenya’s President-Elect, William Ruto

President Muhammadu Buhari congratulated the President-elect of Kenya, William Ruto, on his victory in the General Elections. In a congratulatory message issued by his spokesman, Mr Femi Adesina, on Monday, the president also commended the people of Kenya fo...

June 17, 2022 No Responses

NADDC DG In Kenya, Seeks Use Of Electric Vehicles In Africa

The Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu, has called on African countries and research institutions to promote and adopt electric vehicles. Aliyu, who made the call in Nairobi, Kenya, expained t...

June 9, 2022 No Responses

Access Bank Acquires $37m Stake In Kenya’s Sidian Bank

Access Bank Holding Plc has concluded plans to acquire Kenya’s Sidian Bank Ltd., for N15 billion ($37 million). The bank disclosed this in a notice signed by Mr Sunday Ekwochi, Company Secretary of the bank, and made available on the....

August 7, 2021 No Responses

Tokyo Olympics: Uganda, Kenya Win Golds In Athletics

Uganda’s Joshua Cheptegei and Kenya’s Faith Kipyegon both won gold medals on the athletics track on day 14 of the Tokyo Olympics. Cheptegei won the men’s 5,000m to take his second medal of the games after a silver in the...

July 15, 2021 No Responses

Kenya Records 6,246 New Vehicle sales In Six Months

Between January and June this year, New car sales in Kenya jumped 35%, buoyed by the lifting of some coronavirus lockdown measures. According to the Kenya Motor Industry Association (KMIA), the industry sold 6,246 new vehicles ...

May 5, 2021 No Responses

FIFA Expels Kenyan Club For Match Manipulation

The FIFA Disciplinary Committee has expelled Zoo FC from the Kenyan Premier League (2020/2021 season) as of the date of notification of this decision and to assign it to FKF Division One for the next season. FIFA said on Tuesday...

August 27, 2019 No Responses

Kenya Exports First Crude Oil

Kenya has exported its first batch of crude oil. President Uhuru Kenyatta flagged off the crude shipment from the port of Mombasa on Monday. According to BBC, the development is being described as historic and an important step on the...

August 16, 2019 No Responses

Kenya First Green Bond To Raise $48.45 For Student’s Accommodation

Kenya has approved its first ever issuance of green bond, which will raise five billion shillings ($48.45 million) for students’ accommodation, the capital markets regulator, CMA, said on Thursday. The CMA said in Nairobi that the bond, to be issued...

December 15, 2018 No Responses

Ford Trains 1,600 Motorists In Nigeria, Angola, Kenya, Others

Ford Driving Skills for Life (DSFL) has wrapped up 2018 having enjoyed its most successful year yet with over 1 600 motorists having benefitted from the programme across the Middle East and Africa region, including South Africa and Sub-Saharan Africa (SSA...

May 18, 2018 No Responses

UBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket Transactions

United Bank for Africa (UBA) has assured the players in the private and public sectors in East Africa’s largest economy that its Kenyan franchise is ready and committed to finance key projects and business transactions capable of galvanising the economic...