Author: David Indeje

Tusker Oktobafest, East Africa’s premier beer and culture festival, wrapped up its nationwide tour with a spectacular grand finale at Attela Beach Resort in Kisumu. Thousands of revellers turned out for an electrifying night of music, beer, and cultural celebration, marking the final stop of the 2025 Lake Edition. Music, Beer, and Culture Collide at the Lakeside The scenic Attela Beach Resort was transformed into a vibrant festival ground, hosting an all-star entertainment lineup. Kenyan hitmakers Bensoul, Fathermoh, and Harry Craze lit up the stage with live performances, while top DJs — Gordo, Ves, Daffy, and Dimore—kept the energy soaring…

Unpaid domestic and care work in Kenya is a silent economic engine, essential, undervalued, and overwhelmingly performed by women. According to the 2025 Household Satellite Account by the Kenya National Bureau of Statistics (KNBS), this labour was worth KSh 2.24 trillion in 2021, equivalent to 23.1% of the country’s GDP. “Measuring unpaid work is crucial for gender equality,” says Macdonald Obudho, Director General of KNBS. The Gendered Burden of Unpaid Work Women contributed 80% of the 30.7 billion hours of unpaid labour nationwide. They performed over five times more food preparation work than men, with the activity valued at KSh…

Spiro, Africa’s leading electric two-wheel mobility company, has announced a landmark $100 million investment round, the largest-ever single funding in the continent’s electric motorcycle sector. The round includes a $75 million commitment from The Fund for Export Development in Africa (FEDA), the impact investment arm of Afreximbank, and an additional $25 million from an undisclosed venture capital investor. Scaling Battery-Swapping Infrastructure Across Africa The capital injection will fuel Spiro’s expansion of its battery-swapping network and electric motorcycle fleet across Africa. CEO Kaushik Burman emphasised the market’s readiness for sustainable transport: “Africa is at an inflection point in personal mobility,” Burman…

As Safaricom marks 25 years of transforming lives, the M-PESA Foundation has launched a bold new education initiative—Citizens of the Future—to reimagine learning, empower educators, and equip over 10,000 students with the skills to thrive in a digital-first world. With a KES 30 billion investment over five years, the program aims to: Upgrade infrastructure in 600+ learning institutions Enhance ICT skilling for teachers Award 10,000 scholarships to senior secondary and tertiary students Build inclusive, tech-enabled “Schools of the Future” “We have developed education interventions that seek to bridge the gap through innovation and material support,” said Peter Ndegwa, CEO of…

Equity Group Holdings Plc posted a record KSh 54.1 billion in profit after tax for the first nine months of 2025, surpassing its full-year 2024 earnings of KSh 48.8 billion and positioning the Group for its most profitable year on record. “Our Q3 2025 performance reflects the strength of our diversified tri-engine business model, operational efficiency, and continued commitment to transforming lives,” said Dr. James Mwangi, Managing Director and CEO. Key Financial Highlights (YoY Q3 2025 vs Q3 2024) Metric Q3 2025 (KSh Bn) Q3 2024 (KSh Bn) YoY Growth Net Interest Income 93.5 80.6 +16% Non-Funded Income 62.8 61.1 +3%…

Western Union, the global remittance giant, is entering the digital asset space with the launch of its own US Dollar Payment Token (USDPT), a regulated, dollar-backed stablecoin set to debut in the first half of 2026 on the Solana blockchain. Issued by Anchorage Digital Bank, USDPT will allow users to send, receive, spend, and hold digital dollars, bridging traditional finance and crypto through Western Union’s new Digital Asset Network. The initiative aims to streamline cross-border payments and offer real-world utility for digital assets. “Stablecoins are the next evolution of how remittances will move around the world,” said Devin McGranahan, CEO…