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Kenya's economy creates more millionaires
Business and Economy

Kenya’s economy creates more millionaires

Knight Frank CEO Mark Dunford giving his presentation during a media briefing on Wealth and Investment Trends in Kenya on July 14,2026. [Benard Orwongo Standard]

NCBA Insurance bets on marine cover as Kenya's trade sector expands
Business and Economy

NCBA Insurance bets on marine cover as Kenya’s trade sector expands

NCBA Insurance has reaffirmed its commitment to strengthening partnerships with insurance intermediaries as it champions greater awareness and adoption of marine insurance solutions amid growth in

World Bank-backed programme to release $27 million in performance incentives to Nigeria
Business and Economy

World Bank and GPE-backed $552 million education program launches to train 500,000 teachers and educate 29 million Nigerian children

Nigeria launched a $552 million basic education programme on July 16, 2026, which is co-financed by the World Bank and the Global Partnership for Education

Access's pan-African bet delivers Africa's biggest banking capital growth
Business and Economy

Access’s pan-African bet delivers Africa’s biggest banking capital growth

Access Holdings recorded Africa’s biggest increase in Tier 1 capital, leading a strong showing by Nigerian lenders in The Banker’s latest global banking rankings. An

World Bank Group Africa Fellowship Program 2027 for Ph.D. students & recent graduates (Fully Funded to Washington, D.C. or a WBG country office)
Business and Economy

World Bank Group Africa Fellowship Program 2027 for Ph.D. students & recent graduates (Fully Funded to Washington, D.C. or a WBG country office)

1 Application Deadline: August 25, 2026 Applications are now open for the 2027 World Bank Group Africa Fellowship Program. The Africa regions of the World

African Bank warns it may cut 1 200 jobs and close 90 branches
Business and Economy

African Bank warns it may cut 1 200 jobs and close 90 branches

African Bank says it may close about a quarter of its branches and shed more than 1 000 jobs as it contends with cost pressures.

Swedish firm bets on Kenya in regional expansion strategy
Business and Economy

Swedish firm bets on Kenya in regional expansion strategy

Audio By Vocalize Atlas Copco Eastern Africa Limited Regional General Manager Raphael Kiandiko during an interview on the sidelines of the 90th anniversary celebration of

Value of medicine imports dips 24pc as Kenya ramps up local production
Business and Economy

Value of medicine imports dips 24pc as Kenya ramps up local production

Kenya cut its spending on imported medicines by 23.52 percent in the first quarter of this year, marking the second consecutive year of decline, as

Bank of America says there's an emerging 'shock risk' for stocks as another dot-com signal flashes
Business and Economy

Bank of America says there’s an emerging ‘shock risk’ for stocks as another dot-com signal flashes

The bank said on Tuesday that there’s risk of a fresh “shock” emerging for markets, pointing to one divergence that’s appeared lately in stocks.

World Bank classification: What this means for Nigeria's economy
Business and Economy

World Bank classification: What this means for Nigeria’s economy

The World Bank has retained Nigeria’s lower-middle-income classification for its 2027 fiscal year and also designated the country as a blend economy, a status that