Sofia Ali

NCBA inks Sh6.75b deal with French firm to finance SMEs

By Sofia Ali   2024-03-19 15:16:48

NCBA Group Managing Director John Gachora said the funding will boost the bank’s “Change The Story” sustainability agenda.

Women in tech to receive Sh22 million as seed capital

By Sofia Ali   2024-04-09 16:41:15

Under the programme, each of the 16 women in tech will get $10,000 (Sh1.3 million) as seed capital.

Why AI could help bridge the gender gap

By Sofia Ali   2024-05-01 03:57:06

The rise of artificial intelligence (AI) promises to reshape the world, but its impact on women’s employment in Kenya presents a complex challenge.

Kenya seeks to strengthen trade ties at China expo

By Sofia Ali   2024-05-10 21:50:42

The expo serves as a platform for industry leaders to drive innovation, forge partnerships, and expand international trade.

Trade deficit narrows as export earnings hit Sh1tr

By Sofia Ali   2024-05-21 01:34:55

Export earnings grew by 15.4 percent to reach Sh1 trillion in 2023.

Captains of industry raise concerns over proposed tax hikes

By Sofia Ali   2024-06-01 00:04:34

The Kenya Association of Manufacturers (KAM) called the tax proposals in the Finance Bill “unreasonable” and “overburdening” to the taxpayers.

African leaders call for climate equity and financial reforms

By Sofia Ali   2024-05-31 21:22:56

High financing interest rates, climate shocks, and constrained government revenues, cited as hindering growth.

Finance Bill 2024: Financial gurus diaspora leaders raise their concerns

By Sofia Ali   2024-06-11 12:57:08

Stakeholders and diaspora organisations have rallied together and urged the government to reconsider the proposed amendments outlined in the Finance Bill 2024.

Tax push will erode financial inclusion, caution groups

By Sofia Ali   2024-06-13 00:00:35

Groups say Finance Bill, 2024 will hit vulnerable groups the hardest, especially people living with disabilities.

Envoy: Innovation is key route to up farm production

By Sofia Ali   2024-06-12 20:10:19

Iranian Ambassador to Kenya Ali Gholampour emphasised the pivotal role of innovation in bolstering farming practices and increasing harvest yields.

Kenya rallies against climate change mess

By Sofia Ali   2024-06-13 22:18:52

Recent floods left over 200 people dead, thousands displaced.

EV firm opens city showroom

By Sofia Ali   2024-06-27 16:32:28

Electric mobility firm MojaEV Kenya, the exclusive distributor of Neta Electric Vehicles in Africa, has opened a flagship showroom in Nairobi.

Over 2,500 diaspora Kenyans expected to grace summit

By Sofia Ali   2024-07-02 15:52:45

The forum seeks to equip them with skills and facilitate access to cross-continental markets, affordable finance, and support, all while nurturing unicorn startups in Kenya.

Epra recovers 26,000 illegal cylinders

By Sofia Ali   2024-07-04 15:30:17

Over the past three years, the nationwide crackdown on illegal LPG refilling plants by the state agency has recovered 26,000 cylinders.

Alarm over economic setbacks amid anti-government protests

By Sofia Ali   2024-07-05 12:27:52

The chamber reported staggering losses, including Sh40 million in export revenue and a troubling 17 per cent decline in overall export activity.

Study: Half of Kenyans have made purchases via social media platforms

By Sofia Ali   2024-07-09 21:29:34

Online commerce platforms have emerged as a transformative force - bridging the gap between enterprises and consumers.

Chinese firm signs deal with taxi associations to push electric mobility

By Sofia Ali   2024-07-12 19:27:27

Electric vehicle adoption in Kenya has been gradually increasing since 2018, with a significant surge in registrations from 2022 to 2023.

Loan defaults drop to 933,000 on new State regulations

By Sofia Ali   2024-08-06 18:06:11

Kenya’s credit market has seen negative credit listings drop from 2.2 million in 2019 to about 933,000 in 2023, a new study shows.

Kenya, US negotiate new trade partnership as Agoa nears end

By Sofia Ali   2024-08-10 07:13:19

Agoa is set to expire in September 2025 with countries keen on new partnership.

First Assurance launches mental health insurance product for MSMEs

By Sofia Ali   2024-08-16 20:22:45

First Assurance Company, a member of the Absa Group, has unveiled an insurance product aimed at addressing the growing mental health crisis.