First phase of KBL logo design competition ends, winner to receive Sh1 million

First phase of KBL logo design competition ends, winner to receive Sh1 million

Visual storyteller, Wixx Mangutha creating her artistic interpretation of the Kenya Breweries Limited (KBL) journey to 100 years. KBL has launched a corporate logo redesign competition ahead of its 100th birthday in 2022 NAIROBI, Kenya Dec 20 – The first round of the Kenya Breweries Limited (KBL) logo competition ended on Monday, with the winner […]

Enda, Africa’s First Running Shoe Company, Secures $1 Million in Funding

NAIROBI, Kenya, Dec. 9, 2021 /PRNewswire-PRWeb/ — Enda , Africa’s first high-performance brand of running shoes, announced its successful Series A debt and equity funding round on Dec. 2, securing $1.1 million in funds. The funding round included several Kenyan angel investors and was led by Talanton , a U.S. based impact investment fund focused […]

Kenyan tech start-up gets Sh226m to expand into three countries

Kenyan tech start-up gets Sh226m to expand into three countries

Kenyan start-up Wowzi, has received Sh225.8 million ($2million) funding as the company moves to expand its products beyond influencer marketing and open in three more countries. The funding was raised from New York-based venture capital fund, 4DX Ventures with participation from other Nigeria and Ghana-based firms such as LoftyInc Capital, Future Africa, Golden Palm Investments, […]

Magufuli ghosts return to haunt Kenyan firms as bid to crack TZ flops

Magufuli ghosts return to haunt Kenyan firms as bid to crack TZ flops

Chairman Kenya Bankers Association Joshua Oigara. [File, Standard] KCB Group might have taken the wrong path to regional banking supremacy. The Tanzanian route is somewhat jinxed. The listed lender’s foray into the region might have started in Tanzania where it launched its operations away from home in 1997, but Dar es Salaam has not warmly […]

Safaricom, Equity Group and Other Kenyan Companies that Grew Bigger in 2021 Defying COVID-19 Pandemic

Safaricom, Equity Group and Other Kenyan Companies that Grew Bigger in 2021 Defying COVID-19 Pandemic

The number of registered companies in Kenya stands at over 310,000, according to the Ministry of Industrialisation Some renowned Kenyan companies such as Equity Bank, Co-operative Group and East African Breweries Ltd defied the effects of the COVID-19 pandemic to post impressive profits Safaricom retained its position as Kenya’s most profitable company in 2021 after […]

Enda, Africa's First Running Shoe Company, Secures $1 Million in Funding

Enda, Africa’s First Running Shoe Company, Secures $1 Million in Funding

The growing shoe brand is paving a road to encourage customers worldwide to Run Kenyan while paying homage to its cultural roots. NAIROBI, Kenya, Dec. 9, 2021 /PRNewswire-PRWeb/ — Enda , Africa’s first high-performance brand of running shoes, announced its successful Series A debt and equity funding round on Dec. 2, securing $1.1 million in […]