The GCC laparoscopes market is experiencing steady growth driven by the increasing adoption of minimally invasive surgical procedures across healthcare facilities in the region. The GCC laparoscopes market size is expected to reach US$ 182.2 million by 2031 from US$ 91.4 million in 2024. The market is estimated to record a CAGR of 10.4% from 2025 to 2031. The growing preference for laparoscopic...

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Advertisement NCBA Unlocks KES 500 Million Financing for Water and Sanitation ContractorsNCBA Bank has partnered with the Lake Victoria North Water Works Development Agency (LVNWWDA) and Water.org to unlock up to KES 500 million in financing for contractors in Kenyas water and sanitation sector.The partnership was unveiled during a contractor forum in Kakamega. More than 100 contractors attended the event. They explored financing solutions aimed at improving project delivery and business sustainability.Financing Water InfrastructureThrough NCBAs WASH financing programme, supported by Water.org, contractors can access funding ranging from KES 300,000 to KES 500 million.The package includes equipment financing for up to 60 months. It also offers project and capital expenditure financing for up to 120 months.Additionally, contractors can access up to KES 6 million without traditional collateral. Instead, they can use receivables or awarded contracts as security.As a result, small and medium-sized contractors can access much-needed working capital more easily.NCBA Group Director of Retail Banking Dennis Njau said the partnership goes beyond financing.Water infrastructure remains one of the most critical enablers of economic growth, public health, food security and climate resilience, said Njau.Through this partnership with Water.org and LVNWWDA, we are providing more than financing. We are building an ecosystem that gives contractors access to capital, liquidity and financial solutions.He added that stronger contractors will help deliver more water and sanitation projects across the country.NCBA Unlocks KES 500 Million Financing for Water and Sanitation ContractorsAddressing Funding ChallengesHowever, access to affordable financing remains a major challenge for many contractors.Most SMEs struggle to mobilize labour, equipment and materials before receiving project payments. Consequently, project implementation often slows down.LVNWWDA welcomed the partnership and highlighted the importance of collaboration.According to LVNWWDA representative Mark Kanda, strong partnerships are essential for expanding access to water and sanitation services.As we work to expand access to water and sanitation services across our region, strong partnerships between implementing agencies, financiers and contractors are essential, he said.Furthermore, he noted that the collaboration will strengthen the contractor ecosystem and support faster project delivery.Meanwhile, contractors at the forum welcomed the financing solutions.Samuel Mukanzi, Managing Director of Barbrican Dimensions Limited, said liquidity challenges continue to affect project execution.One of the biggest challenges contractors in the water sector continue to face is access to financing, he said.Without adequate liquidity, it becomes difficult to mobilize resources, keep projects on schedule and deliver quality infrastructure.Therefore, he believes flexible financing solutions will help contractors improve efficiency and grow their businesses.Driving Development Through PartnershipsThe collaboration highlights the growing role of public-private-development partnerships in infrastructure financing.Beyond project funding, investments in water and sanitation improve public health. They also support food security and agricultural productivity.Moreover, they strengthen community resilience and economic growth.Njau emphasized that contractors play a key role in national development.The contractors gathered here today are not simply seeking financing; they are implementing national development, he said.Every pipeline laid, every treatment facility built and every sanitation project completed creates lasting impact for communities.As a result, stronger contractors can accelerate Kenyas development agenda.The forum forms part of NCBAs broader strategy to expand infrastructure financing.At the same time, the bank aims to create measurable economic, social and environmental impact through targeted partnerships.As Kenya continues to invest in water and sanitation infrastructure, stakeholders expect innovative financing solutions to play a bigger role. Ultimately, these solutions will help deliver projects faster, improve service access and support sustainable development.The post NCBA Unlocks KES 500 Million Financing for Water and Sanitation Contractors appeared first on Africa Business News.

Advertisement KCB Disburses KShs. 48.8 Billion in Green Loans, Surpasses Sustainable Finance TargetKCB Group Plc disbursed KShs. 48.8 billion in green financing loans in 2025, strengthening its commitment to sustainable development and climate action across East Africa.The funding supported projects in renewable energy, sustainable agriculture, green buildings, clean transportation, water management and other climate-smart investments. Of the total amount, KShs. 9.9 billion qualified as climate-eligible financing after independent verification using the Climate Assessment for Financial Institutions (CAFI) tool.The lender also screened KShs. 587.9 billion worth of transactions under its Environmental and Social Due Diligence framework across Kenya, Uganda, Tanzania and Rwanda.As a result, KCB surpassed its strategic target of allocating 25 percent of its lending portfolio to green projects. The ratio rose to 25.84 percent in 2025, up from 21.6 percent in 2024.The achievements are highlighted in the lenders 2025 Sustainability Report themed Transitioning Economies, which outlines KCBs efforts to drive climate resilience, financial inclusion and sustainable economic growth.Driving Climate-Smart FinancingKCB Group CEO Paul Russo said the bank continues to align its financing decisions with climate resilience and sustainable development goals.According to Russo, the Group aims to strengthen East Africas sustainable finance ecosystem by supporting businesses and households as they transition to greener practices.KCB seeks to be a bigger player in shaping a robust and sustainable financial ecosystem throughout East Africa by continuously developing tailored green financing solutions for MSMEs, households and corporates, said Russo.He added that the bank will deepen partnerships with global climate financiers, expand product innovation and mobilize more capital to support climate action across the region.KCB Disburses KShs. 48.8 Billion in Green Loans, Surpasses Sustainable Finance TargetScaling Environmental ConservationBeyond financing, KCB expanded its environmental conservation initiatives through its tree-growing programme.The Group exceeded its 2025 target of planting 1.5 million trees by planting more than 3.5 million trees during the year.The achievement resulted from more than 200 tree-planting activities conducted across the region in partnership with 1,778 schools and other stakeholders.The programme supports Kenyas national climate action agenda while contributing to ecosystem restoration efforts.Supporting Clean Energy in SchoolsKCB also accelerated clean energy adoption in learning institutions through its Learning Institutions Customer Value Proposition programme.The bank financed 266 schools to transition to cleaner cooking technologies. It provided KShs. 782.5 million to support the initiative.The programme helps schools reduce reliance on traditional biomass fuels while lowering environmental impact and operational costs.At the same time, KCB expanded its solar energy programme across its branch network.Solar systems are now operational in 16 branches, including Maasai Mara, Wajir, Mandera, Watamu, Lamu, Loitoktok, Kakuma and Namanga, as well as the Karen Leadership Centre.The Group plans to install solar power systems in 30 additional branches this year.Consequently, KCB recorded a two percent reduction in fuel and electricity consumption. The improvements contributed to an overall 13 percent reduction in carbon emissions across the Group.Through KCB Foundation programmes, the Group supported more than 265,300 jobs during the year.Additionally, 16,549 young people benefited from workforce readiness and skills development programmes aimed at improving employability and entrepreneurship.The lender also supported 38,635 youth-led enterprises through the 2Jiajiri Young Africa Works programme.Overall, KCB has supported 67,090 businesses through initiatives designed to drive inclusive economic growth and create opportunities across communities.Expanding Support for Women EntrepreneursKCB continued to strengthen its support for women-owned enterprises through the Female-Led and Made Enterprise (FLME) programme.During the year, the bank disbursed KShs. 149 billion to women-led businesses.The programme forms part of KCBs five-year commitment to unlock KShs. 250 billion in financing for women entrepreneurs and enterprises.The lender believes increasing access to finance for women-owned businesses will accelerate economic participation, business growth and job creation.KCB also expanded access to financial services for refugees and underserved communities.The bank enabled 20,299 refugees to access formal banking services by leveraging identification documents issued by the United Nations High Commissioner for Refugees (UNHCR).In addition, KCB disbursed KShs. 71.4 million in loans to refugee entrepreneurs, helping them establish and grow businesses.The initiative aims to promote economic inclusion while supporting livelihoods within refugee and host communities.Strengthening Sustainability ReportingThe 2025 Sustainability Report marks KCBs third sustainability report to undergo a limited assurance review.The report references the IFRS S1 and IFRS S2 sustainability disclosure standards and was published alongside the Groups 2025 Integrated Report.By adopting the standards ahead of the mandatory 2027 reporting deadline, KCB continues to position itself among the regions leading institutions in sustainability reporting and responsible banking.The latest results demonstrate how sustainability has become central to KCBs business strategy, with the Group increasingly using finance as a tool to support climate action, inclusive growth and long-term economic transformation across East Africa.The post KCB Disburses KShs. 48.8 Billion in Green Loans appeared first on Africa Business News.

Advertisement EU and Equity Foundation Open Global Pathways for ScholarsThe European Union Delegation to Kenya and Equity Group Foundation (EGF) have signed a partnership to expand global education opportunities for top-performing Kenyan scholars.The agreement seeks to strengthen human capital development and widen access to quality education. It will also connect talented young Africans to learning opportunities across Europe.EU Ambassador to Kenya Henriette Geiger and Equity Group Foundation Executive Chairman Dr. James Mwangi signed the agreement in Nairobi. Principal Secretary for Higher Education and Research Dr. Beatrice Inyangala and Principal Secretary for Science, Research and Innovation Prof. Shaukat Abdulrazak witnessed the signing.Under the partnership, the two institutions will promote European academic opportunities among scholars in the Equity Leaders Program (ELP). Additionally, they aim to support 100 Equity scholars every year to pursue masters degrees at European universities.As a result, more young Africans will gain access to advanced education, research opportunities and international networks.Opening Doors to Global LearningThe partnership reflects a shared commitment to quality education and talent development. It also supports long-term human capital growth across Africa.Speaking during the signing ceremony, EU Ambassador Henriette Geiger said the collaboration aligns with the European Unions goal of expanding educational opportunities.The Equity Group Foundation, through its Wings to Fly and Equity Leaders Program, is an ideal partner for us. We share the goal of promoting access to quality education, holistic development and intercultural exchanges as key drivers of human capital development, she said.Furthermore, the partnership will increase awareness of opportunities available through Erasmus+, the European Unions flagship education programme.Kenya remains one of Africas strongest Erasmus+ partners. Every year, about 600 Kenyan students and academics travel to more than 30 European countries through the programme. Meanwhile, nearly 300 European academics and researchers visit Kenyan universities.Consequently, these exchanges strengthen academic collaboration and encourage knowledge sharing between Africa and Europe.Building Future LeadersDr. Mwangi said the partnership marks an important step in Equitys mission to create broader global pathways for scholars.Our initial model focused on public universities and structured internships. However, we are now creating more international opportunities for our scholars, he said.This partnership builds on that journey. It broadens access beyond traditional destinations and creates truly global opportunities.According to Dr. Mwangi, education goes beyond academic achievement.We view education as a bridge to global networks, ideas and leadership. These connections help produce globally competitive leaders who can transform societies, he said.Moreover, he noted that Africa needs leaders who can thrive in an increasingly interconnected world while driving meaningful change at home.Principal Secretary for Higher Education and Research Dr. Beatrice Inyangala welcomed the partnership.She said the collaboration would create valuable opportunities for students, researchers and academics.Partnerships such as this provide access to world-class education, advanced research and international exposure, she said.In addition, Dr. Inyangala noted that international collaborations accelerate the transfer of knowledge, innovation and emerging technologies.As a result, Kenyan institutions can strengthen their academic programmes and remain competitive in a rapidly evolving global economy.She also reaffirmed the governments commitment to supporting international partnerships and expanding opportunities for Kenyan learners.EU and Equity Foundation Open Global Pathways for ScholarsEquitys Growing ImpactThe partnership builds on the success of the Equity Leaders Program, one of Africas leading talent development initiatives.Since its launch in 1998, the programme has helped more than 1,206 scholars from Kenya, Uganda, Rwanda and the Democratic Republic of Congo secure fully funded admissions to leading universities around the world.In addition, ELP provides mentorship, leadership training and professional development opportunities.The programme has also facilitated more than 10,500 paid internships. Consequently, thousands of scholars have gained practical workplace experience and improved their career readiness.Furthermore, ELP complements the Wings to Fly and Elimu Scholarship programmes. Together, these initiatives create a structured pathway from secondary education to global leadership opportunities.The new partnership is expected to deepen education ties between Africa and Europe.At the same time, it will expand opportunities for research, innovation and skills development.Since 2017, Kenyan institutions have participated in 38 Erasmus+ Capacity Building projects. Therefore, Kenya has strengthened its position as a key player in global higher education partnerships.Meanwhile, nearly half of the 580 million allocated to Sub-Saharan Africa under Erasmus+ supports mobility between African and European universities.The European Union and Equity Group Foundation believe the partnership will strengthen knowledge exchange and innovation. It will also support long-term economic transformation.Ultimately, the agreement represents more than a scholarship programme. Instead, it is an investment in the next generation of African leaders who will shape the future through knowledge, innovation and global collaboration.The post EU and Equity Foundation Open Global Pathways for Scholars appeared first on Africa Business News.

The Asia Pacific laparoscopic access devices market is experiencing rapid growth due to the increasing adoption of minimally invasive surgical procedures across the region. The Asia Pacific laparoscopic access devices market size is expected to reach US$ 816.7 million by 2031 from US$ 414.3 million in 2024. The market is estimated to record a CAGR of 11.0% from 2025 to 2031. The growing demand...

The ongoing modernization of healthcare systems and the shift toward less invasive treatment approaches are fueling the expansion of the Eastern Europe laparoscopic access devices market. The Eastern Europe laparoscopic access devices market size is expected to reach US$ 52.8 million by 2031 from US$ 42.2 million in 2024. The market is estimated to record a CAGR of 3.2% from 2025 to 2031. The...