Advertisement KPC Foundation, Power Learn Project Launch AI Fellowship to Prepare Youth for Future JobsThe KPC Foundation and Power Learn Project (PLP) have launched the Inuka Tech Fellowship, a new programme designed to equip young Kenyans with practical skills in artificial intelligence, data analytics and operational technology.The fellowship was unveiled at iHub Nairobi as demand for AI and digital talent continues to grow across industries. The initiative aims to bridge the gap between education and employment by preparing young people for emerging opportunities in the digital economy.Addressing Kenyas Digital Skills GapThe launch comes at a time when rapid advances in artificial intelligence and automation are reshaping the global workforce.According to the World Economic Forum, nearly 44 percent of workers skills could face disruption within the next five years due to technological change. At the same time, LinkedIn ranks AI and data analytics among the fastest-growing skill categories worldwide.However, many employers continue to struggle to find job-ready digital talent. Meanwhile, thousands of young people remain unemployed or underemployed despite growing opportunities in the technology sector.The Inuka Tech Fellowship seeks to address this challenge through a fully sponsored 12-week programme that combines technical training with practical workplace experience.A Hands-On Learning ApproachUnlike traditional technology training programmes, the fellowship adopts an apprenticeship-style model that mirrors real workplace environments.Participants will engage in real-world simulations, hands-on projects, mentorship sessions and collaborative learning experiences. They will also gain exposure to workplace problem-solving and innovation challenges.The curriculum covers practical AI applications, Python programming, machine learning, data storytelling, dashboard development and automation tools.In addition, fellows will learn how data analytics and artificial intelligence are being applied across sectors such as energy, fintech, healthcare, logistics, retail and public service.Speaking during the launch, Power Learn Project Africa Founder and Executive Director Mumbi Ndungu said the programme was designed to connect young people with skills that are increasingly in demand.Across Africa, young people are ambitious, connected and eager to participate in the digital economy. However, many still lack access to industry-relevant opportunities, she said.The Inuka Tech Fellowship is designed to close that gap by equipping learners with practical AI and data skills that employers are actively seeking today and will need even more urgently tomorrow.KPC Foundation, Power Learn Project Launch AI FellowshipCreating Pathways to EmploymentStudies by PwC estimate that AI could contribute up to $15.7 trillion to the global economy by 2030.As digital transformation accelerates across Africa, demand continues to rise for data analysts, machine learning specialists, business intelligence professionals and AI-enabled operational experts.Consequently, the fellowship places a strong emphasis on employability and career readiness.Participants will build analytical, technical and problem-solving skills that can be applied across multiple industries. Furthermore, they will benefit from mentorship, peer learning communities and exposure to AI-assisted development tools.The programme also provides access to PLPs Talent Hub ecosystem, which connects graduates to employment, internship and future-of-work opportunities.Upon completion, participants will be prepared for roles such as Operational Data Analyst, Business Intelligence Analyst, Energy Analytics Specialist, Supply Chain Analyst and Predictive Analytics Engineer.KPC Foundation Board Trustee Carol Kiplagat said partnerships between industry and training institutions are critical in preparing young people for the future of work.The future of employment belongs to young people who can combine digital capability, analytical thinking and innovation, she said.Through this partnership, we are creating opportunities for Kenyan youth to transition from learning into meaningful careers while supporting industries that urgently require digital talent.The programme targets young Kenyans with strong problem-solving skills and an interest in data analytics, operational technology and digital innovation.Eligible applicants include recent graduates in Computer Science, Information Technology, Statistics and related fields. Candidates should also have foundational knowledge of at least one programming language, including Python, JavaScript, Java or C#.Building Africas Next Generation of Digital TalentThe inaugural cohort will consist of 30 fellows, with training set to begin this month.As Africas digital economy continues to expand, initiatives such as the Inuka Tech Fellowship are becoming increasingly important. They not only equip young people with future-ready skills but also create pathways to meaningful employment and long-term economic participation.By bringing together industry, technology and education partners, the programme aims to develop a new generation of AI and data professionals capable of driving innovation and supporting Africas digital transformation journey.The post KPC Foundation, Power Learn Project Launch AI Fellowship 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.

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 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 Daniel Nduva Triumphs at NCBA Royal Classic Sunshine Development Tour Continues to Grow East African Golf TalentDaniel Nduva emerged victorious at the NCBA Royal Classic after delivering a composed final round performance at Royal Nairobi Golf Club, securing the second leg of the Sunshine Development Tour East Africa Swing.Nduva carded an even-par 72 in the final round to finish the tournament at three-under par 213, holding off a competitive field of East Africas leading professional and elite amateur golfers.His victory capped three days of high-quality golf that saw players battle not only for the title but also for valuable ranking points and opportunities to advance their careers on the regional and international stage.The tournament attracted some of the regions top golfing talent, all seeking to strengthen their standings on the Sunshine Development Tour pathway.Nduva remained consistent throughout the competition and produced a disciplined final-round performance to secure the championship at one of Kenyas premier golfing venues.The win marks an important milestone in his professional journey and further highlights the growing depth of golfing talent emerging from East Africa.Daniel Nduva Triumphs at NCBA Royal ClassicNCBA Supporting the Next Generation of GolfersAs the title sponsor of the NCBA Royal Classic, NCBA Bank reaffirmed its commitment to developing sporting talent and creating opportunities for golfers to compete at higher levels.The bank said its support for the Sunshine Development Tour aligns with its broader vision of empowering individuals to realize their full potential.Additionally, it also believes in creating opportunities for greatness. Thats why were proud to support the Sunshine Development Tour East Africa Swing, helping golfers progress from local fairways to the global stage.Through its partnership with the tour, NCBA is helping provide players with competitive platforms that expose them to high-level competition while creating pathways to international tournaments.The Sunshine Development Tour East Africa Swing has become an important platform for nurturing emerging golfing talent across the region.The circuit offers players an opportunity to earn ranking points, gain competitive experience and showcase their abilities against some of the best golfers in East Africa.As golf continues to attract growing interest among young athletes, stakeholders see the tour as a key driver in strengthening the regions professional golfing ecosystem.The competition at Royal Nairobi Golf Club demonstrated the increasing quality of golf being played across East Africa and the potential for more regional players to compete successfully on the international stage.Investing in Talent and OpportunityNCBA says its continued investment in golf reflects its belief in the power of sport to transform lives and create opportunities.Beyond sponsoring tournaments, the bank aims to support initiatives that help athletes develop their skills, gain exposure and pursue professional careers.The bank is proud to invest in golf initiatives that unlock potential, create opportunities for growth and ultimately change the story of golfersAs the Sunshine Development Tour moves to its next leg, players will continue their pursuit of valuable points and career-defining performances.For Nduva, however, the spotlight belongs to him after a memorable week at Royal Nairobi Golf Club, where patience, preparation and composure earned him the NCBA Royal Classic title.The post Daniel Nduva Triumphs at NCBA Royal Classic appeared first on Africa Business News.

Advertisement NCBA Advances Sustainable Finance Agenda Through Climate Action PartnershipsAs climate change continues to reshape economies and livelihoods around the world, financial institutions are increasingly stepping beyond traditional banking roles to support environmental sustainability.This commitment was on display as NCBA Bank Kenya joined environmental organization Boreka Group and Kamwaki Coffee Farm in Kiambu County to mark World Environment Day through a tree-planting initiative aimed at strengthening biodiversity conservation and climate resilience.The exercise forms part of NCBAs ambitious target of planting 10 million trees by 2030, a goal that aligns with Kenyas wider environmental restoration agenda and the banks growing focus on sustainable finance.Sustainability Goes Beyond Tree PlantingSpeaking during the event, NCBA Bank Kenya Managing Director James Gossip said sustainability has become a core business priority for the bank.Sustainability spans many different things, but at the end of the day, it starts with having a clean environment, he said.The worlds population continues to grow rapidly. As we consume more ecological resources, it becomes increasingly difficult to live sustainably. That is why we must take action now.According to Gossip, climate action is no longer solely an environmental concern. It is also an economic imperative that requires active participation from the private sector.Agriculture employs approximately 75 per cent of Kenyas rural population and contributes significantly to foreign exchange earnings. It is a critical sector for both social and economic reasons, he noted.He added that changing weather patterns and increasing climate-related risks underscore the need for stronger investments in sustainability.Financing Kenyas Green TransitionBeyond environmental conservation initiatives, NCBA is leveraging its position as a financial institution to support clients pursuing sustainable development projects.Gossip said the bank is increasingly evaluating how it can help customers implement sustainability strategies through innovative financing solutions.As a bank, we have significant influence through the financing we provide. We are looking very carefully at how our clients are undertaking their sustainability agendas and how we can support them through financing, he said.Among the projects supported by the bank are green financing initiatives in the real estate sector, including developments at Two Rivers, as well as participation in sustainable financing programmes across various industries.At the same time, Gossip emphasized that sustainability financing should not be reserved for large corporations alone.We want to work with smaller players as well, not just big companies. We want to help drive sustainability across the entire economy.One example is NCBAs recently introduced solar leasing solution, which allows households and businesses to access solar energy systems without significant upfront capital investment.The initiative aims to accelerate clean energy adoption while making renewable energy more accessible to ordinary Kenyans.NCBA Advances Sustainable Finance Agenda Through Climate Action PartnershipsClimate Action Through PartnershipsThe World Environment Day activity also highlighted the success of NCBAs three-year partnership with Boreka Group.According to Boreka Group CEO Esther Mutuma, the collaboration has already facilitated the planting of more than 340,000 trees across Kitui, Kwale and Kiambu counties.The partnership has also supported more than 1,000 smallholder farmers while promoting biodiversity conservation and ecosystem restoration.Esther noted that the Kamwaki project is particularly important because it helps preserve one of the few remaining wetland ecosystems within a rapidly urbanizing area near Nairobi.We believe these ecosystems are critical for long-term environmental sustainability and community resilience, She added.Bringing Sustainability Closer to CommunitiesFor Gossip, visiting projects such as Kamwaki Farm reinforces why environmental action matters.There are many facets to sustainability and many different things that we do as a bank, he said.But initiatives like this bring it home every time. When you visit a farm, when you visit a rural community and see the impact firsthand, you understand why it is vital for us to continue pursuing these ambitions.Conserving Nature While Sustaining AgricultureFor Kamwaki Farm, the partnership demonstrates that environmental conservation and commercial agriculture can coexist.Michael Gichuki, one of the administrators of the estate, said the farm has been operating since 1970, initially as a coffee farm before diversifying into horticultural production.He explained that conversations with Boreka Group helped the farm better understand the long-term value of sustainability and ecosystem conservation.We have been running this farm since 1970, primarily through coffee farming before expanding into horticultural crops. Through our engagement withBoreka, we were able to better understand their vision for sustainability and how conservation can work alongside productive agriculture, said Gichuki.According to him, the partnership has shown that protecting natural ecosystems can generate benefits beyond environmental conservation.They have educated us on the benefits of sustainability, and we have seen that conservation efforts can benefit us not only as a farm but also through the wider ecosystem services they provide. Sustaining the land and protecting the environment ultimately benefits the surrounding community as well, he added.Gichuki noted that the farm has been seeking ways to balance commercial farming with responsible environmental stewardship, particularly at a time when increasing development pressure is transforming agricultural land around Nairobi.As Kenya works toward restoring degraded landscapes, increasing forest cover and strengthening climate resilience, partnerships between financial institutions, environmental organizations and local communities are expected to play an increasingly important role.For NCBA, the journey extends beyond planting trees. It is about using finance as a catalyst for environmental stewardship, economic growth and sustainable development.The tree-planting exercise in Kiambu may represent one milestone in that journey, but for the bank, it is part of a much larger commitment to building a greener and more resilient future.The post NCBA Advances Sustainable Finance Agenda Through Climate Action Partnerships appeared first on Africa Business News.

Advertisement Equity Bank Kenya, Inchcape Kenya Partner to Drive Luxury Mobility SolutionsEquity Bank Kenya has partnered with Inchcape Kenya to introduce a premium lifestyle and mobility offering that will enable customers to access luxury vehicles through tailored financing and insurance solutions.The partnership, unveiled during an exclusive customer engagement event at Equity Supreme Branch in Lavington, Nairobi, brings together two leading brands with a shared focus on delivering value, convenience and premium experiences to customers.Through the collaboration, customers will gain access to world-renowned automotive brands including BMW, Jaguar and Land Rover, supported by flexible financing, insurance and after-sales solutions.Premium Mobility Meets Financial EmpowermentUnder the arrangement, Equity Bank Kenya will provide up to 100 percent vehicle financing for customers purchasing vehicles through the partnership.In addition, customers will benefit from comprehensive insurance solutions offered through Equitys insurance business at a competitive 3 percent financing rate.On its part, Inchcape Kenya, the official distributor of BMW, Jaguar and Land Rover in Kenya, will provide customers with access to luxury vehicles, after-sales support and tailored ownership experiences.The partnership aims to simplify vehicle acquisition while ensuring customers enjoy a seamless ownership journey.Creating More Value for CustomersSpeaking during the event, Equity Bank Kenya Managing Director Moses Nyabanda said the collaboration reflects the banks broader strategy of creating personalized experiences while unlocking greater value for customers.Equity is not just a bank. We have transformed ourselves into a platform that is looking to unlock value, particularly for premium clients. We are curating experiences and partnerships that respond to the evolving lifestyles and ambitions of our customers, said Nyabanda.He noted that the partnership builds on an existing relationship between the two institutions and aligns with Equitys commitment to providing holistic financial solutions.According to Nyabanda, the collaboration extends beyond vehicle financing.This partnership is about more than vehicles. It is about supporting customers to grow their businesses, expand into new markets and access opportunities across Africa and beyond. When two strong brands come together, we are able to offer much more value to customers, he added.Nyabanda highlighted Equity Groups growing regional footprint and the opportunities available to customers seeking to expand across the continent.He noted that the Groups presence in markets such as the Democratic Republic of Congo, Uganda and other African countries positions it as a strategic partner for entrepreneurs and business owners looking to scale their operations.At the same time, he underscored the role played by Equitys insurance and wealth management businesses in enabling the bank to offer comprehensive financial solutions to premium customers.The bank continues to diversify its offerings as it seeks to meet the evolving needs of both individual and business clients.Equity Bank Kenya, Inchcape Kenya Partner to Drive Luxury Mobility SolutionsInchcape Kenya Managing Director Marion Gathoga-Mwangi said the partnership reflects a shared vision between the two organisations to serve customers seeking premium experiences and tailored mobility solutions.We do not simply sell cars; we sell aspirations, dreams and experiences. This partnership allows us to bring together luxury mobility and financial empowerment in a way that responds to the needs of discerning customers, she said.She added that customers will also benefit from a range of value-added services designed to enhance vehicle ownership.These include after-sales support, vehicle servicing, trade-in opportunities and global warranty support.Our focus is on building long-term relationships with customers by offering trusted products, world-class service and a premium ownership experience, she said.Strengthening Customer EngagementThe launch event brought together Equity Bank customers and stakeholders who had an opportunity to experience the luxury vehicles and learn more about the solutions available through the partnership.The initiative forms part of Equity Bank Kenyas broader customer engagement strategy, which focuses on creating curated experiences for different customer segments while connecting them with strategic partners and opportunities that support wealth creation and business growth.As customer preferences continue to evolve, the partnership positions both Equity Bank Kenya and Inchcape Kenya to meet growing demand for premium mobility solutions backed by accessible financing and comprehensive support services.The post Equity Bank Kenya, Inchcape Kenya Partner to Drive Luxury Mobility Solutions appeared first on Africa Business News.

Advertisement UKs Highest Court Rejects Steve Mwagirus Final Tatu City Ownership ClaimsPrivy Council Ends 15-Year Legal BattleThe Judicial Committee of the Privy Council, the UKs highest court of appeal, has dismissed two cases filed by Kenyan businessman Steve Mwagiru. The ruling ends more than 15 years of legal disputes linked to ownership claims over Tatu City.Five UK Supreme Court justices presided over the matter. They described Mwagirus legal arguments as entirely misconceived after he repeatedly challenged earlier decisions in Mauritius.The Privy Council sits in London and serves as Mauritius highest court of appeal. Mwagiru had claimed to hold shares in a company linked to Tatu City through entities registered in Mauritius.The decision marks another setback for Mwagiru, eight years after the London Court of International Arbitration ruled against him, Bidco Africa Chairman Vimal Shah and former Central Bank of Kenya Governor Nahashon Nyagah.The arbitration tribunal ordered the three men to pay more than USD 20 million to Rendeavour, the owner and developer of Tatu City. The tribunal found that they had defrauded the company.To date, Rendeavour says none of the three has paid the award.Origins of the DisputeThe dispute dates back to 2008 and 2010 when Rendeavour acquired the land that later became Tatu City and the surrounding coffee farms.At the time, Shah, Nyagah and Mwagiru proposed joining the development as co-investors. However, they failed to raise the required capital. Rendeavour later arranged an USD 11 million loan to support the transaction.According to Rendeavour, relations deteriorated soon after. The company claims the three men launched a series of legal actions aimed at frustrating the development and forcing foreign investors out of the project.Stephen Jennings, Founder and CEO of Rendeavour, welcomed the ruling.Steve Mwagiru, Vimal Shah and Nahashon Nyagah have played different roles at different times in this matter, but their modus operandi has been consistent: they have sought to intimidate and extort foreign investors, said Jennings.They thought we would panic and pay up. Yet we had unshakeable belief that the law would be applied to the facts. It has taken longer than we expected, but we are delighted that these flawed appeals have now been robustly rejected.Despite the lengthy legal battles, Rendeavour continued developing Tatu City.Today, the mixed-use Special Economic Zone hosts more than 110 businesses and thousands of residents. The development has created over 30,000 jobs and attracted billions of shillings in investment from international shareholders based in New Zealand, the United States, the United Kingdom and Norway.More than 50 leading Kenyan companies now operate from Tatu City.Over the years, Rendeavour publicly challenged what it described as fraudulent actions by Mwagiru, Shah and Nyagah.Jennings held several public forums detailing allegations against the trio. He accused them of filing a failed petition in Parliament and attempting to alter company ownership records through forged registry documents.The 2018 arbitration centred on Manhattan Coffee Incorporated Holding, a Mauritius-registered company linked to the three men.According to the tribunal, they falsely claimed to have paid a USD 20 million deposit towards land that later formed part of Tatu City.The arbitrator found that no such deposit had been paid. The ruling stated that the false representation negatively affected Rendeavours investment strategy.In the written award, the arbitrator also questioned parts of Shahs testimony, describing it as inconsistent with documentary evidence.Following the arbitration ruling, Shah told the Financial Times in 2018 that he would not comply with the award.As a result, Rendeavour pursued recognition and enforcement proceedings in Mauritius.Mauritius, Kenya and the United Kingdom are all signatories to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. The convention allows courts to recognise and enforce valid awards issued in other member states.Mauritian courts quickly recognised the USD 20 million award. However, enforcement proceedings continued for several years before reaching a final conclusion.UKs Highest Court Rejects Steve Mwagirus Final Tatu City Ownership ClaimsAnother Court Defeat in KenyaMwagiru also faced a separate legal setback in Kenya.In 2024, High Court Judge Arsenath Ongeri dismissed his third attempt to regain membership at Muthaiga Country Club.The club terminated his membership in 2012 after an incident in which he allegedly urinated in the members bar and physically assaulted and verbally abused staff.The ruling brought another long-running legal dispute involving Mwagiru to a close.The post UKs Highest Court Rejects Steve Mwagirus Final Tatu City Ownership Claims appeared first on Africa Business News.

Advertisement EPK Launches GBV and Mental Health Clinic in Nandi HillsEastern Produce Kenya (EPK), in partnership with Taylors of Harrogate, Infre South Africa and the County Government of Nandi, has launched a Gender-Based Violence and Mental Health (GBVMH) Clinic at Nandi Hills County Hospital.The facility is the first integrated centre of its kind in Nandi County. It offers survivors of gender-based violence comprehensive care in one location. The clinic brings together medical, psychosocial and referral services under one roof. This approach improves access to support while protecting the dignity and privacy of survivors.The launch comes as Kenya intensifies efforts to address gender-based violence, femicide and mental health challenges. Stakeholders continue to call for stronger survivor-centred interventions and better coordination among service providers.A One-Stop Centre for SurvivorsThe new clinic complements the Gender-Based Violence Gender Desk that EPK previously established and equipped at the Nandi Hills Police Station.Together, the two facilities strengthen reporting, referrals and case management. They also improve coordination between healthcare workers, police officers, counsellors and social workers.The clinic includes consultation rooms, counselling and therapy spaces, observation rooms for men and women, child-friendly support areas, and a reception and referral coordination unit. It also features systems that support case documentation and follow-up.EPK says the facility will reduce the barriers survivors often face when seeking help. The company also hopes it will create a more supportive environment throughout the recovery process.Speaking during the launch, EPK Operations Director Noel Lindsay-Smith said the project reflects a shared commitment to protecting vulnerable members of society.Gender-based violence is not only a health issue; it is a human rights and community issue. Survivors deserve spaces that protect their dignity, safeguard their privacy and support their healing journey in a holistic way, he said.This clinic was designed with that in mind. It will help create an environment where survivors are less likely to feel alone, ashamed or unsupported when seeking help.EPK Launches GBV and Mental Health Clinic in Nandi HillsMental Health at the Centre of CareThe clinic integrates mental health services into its care model. This recognizes the emotional and psychological effects that often accompany gender-based violence.The facility offers counselling, therapy and psychosocial support alongside medical care. These services will help survivors process trauma and begin their healing journey.Survivors can seek assistance by calling the toll-free number 1195. A County Gender-Based Violence Coordinator will receive the complaint and help with reporting, referrals and case management.This process aims to ensure survivors receive timely support and continuous care.Partnership Driving ChangeThe County Government of Nandi welcomed the initiative and praised the collaboration between public and private sector partners.Dr. Francis Sang, County Secretary of Nandi County, said the facility will strengthen health and social support services across the county.This facility demonstrates the power of partnership between government, private sector and community stakeholders in strengthening our health and social support systems, he said.Gender-based violence and mental health challenges require coordinated responses, and this centre brings these services closer to the people who need them most.Creating Safer and Healthier CommunitiesThe new clinic arrives at a time when Kenya is strengthening efforts to prevent gender-based violence and improve support for survivors.The facility provides more than healthcare services. It offers a safe space where survivors can access medical treatment, counselling and referrals in one location.EPK says it remains committed to supporting programmes that create safer, healthier and more resilient communities. The company believes strong partnerships can help address some of societys most pressing social challenges.For Nandi County, the clinic represents more than a new facility. It stands as a symbol of hope, healing and a collective commitment to protecting the wellbeing and dignity of survivors.The post EPK Launches GBV and Mental Health Clinic in Nandi Hills appeared first on Africa Business News.

Advertisement Boreka Group and NCBA Surpass 340,000 Trees as Farmer-Led Climate Action Gains MomentumBoreka Group and NCBA Bank have planted more than 340,000 trees across Kenya over the past three years, underscoring the growing role of public-private partnerships in advancing climate action while creating economic opportunities for farmers.The milestone was marked during World Environment Day 2026 celebrations at Kamwaki Estate in Kiambu County, where Boreka Group Founder and CEO Esther Mutuma highlighted the impact of the partnership in restoring ecosystems, raising climate awareness, and supporting communities to participate in the emerging carbon economy.The initiative, which spans Kiambu, Kwale and Kitui counties, has directly engaged more than 1,500 farmers through climate education programmes and tree-growing projects designed to increase carbon sequestration while improving livelihoods.We are happy to be here today because we are taking action and walking the talk, said Mutuma. This partnership with NCBA has enabled us to scale climate action while empowering farmers to become active participants in environmental conservation.From Tree Planting to Climate AwarenessBoreka, a social enterprise focused on climate-smart agriculture and carbon projects, works with both large-scale and smallholder farmers. Through its programmes, farmers receive training on climate change, sustainable land management and tree-growing practices, while also learning how carbon markets work and how they can benefit from them.According to Mutuma, one of the biggest challenges is simplifying the concept of carbon credits for communities.For many people, carbon credits sound complicated, but the science is actually simple. Trees absorb carbon dioxide from the atmosphere as they grow. By planting and maintaining trees, farmers help clean the air, remove emissions and contribute to climate action while creating future economic value, she explained.The organization believes that education is a critical tool in helping communities understand the increasing frequency of climate-related events such as droughts, floods, El Nio and La Nia conditions.When people understand what climate change is and how it affects them, they are more empowered to take action. Awareness helps communities understand why weather patterns are changing and what they can do to adapt, she said.The impact of the programme is already becoming visible in the counties where Boreka operates. Mutuma said communities are beginning to see new forest cover emerge in areas that previously had limited tree growth, demonstrating the long-term value of sustained conservation efforts.Beyond the NCBA partnership, Boreka also works with communities in Homa Bay and Kisumu counties, supporting community-led conservation efforts and sustainable livelihoods.Boreka Group and NCBA Surpass 340,000 Trees as Farmer-Led Climate Action Gains MomentumMonitoring Makes the DifferenceBeyond awareness creation, Boreka places significant emphasis on monitoring and supporting farmers long after trees have been planted.Mutuma noted that one of the reasons the programme has recorded high survival rates is its rigorous monitoring framework. Field officers regularly visit farms to assess tree growth, provide technical advice and address challenges before they become major setbacks.Planting a tree is only the beginning. If a tree is struggling, our field officers are there to advise the farmer on what needs to be done. Monitoring allows us to identify problems early and improve outcomes, she said.The organisations field teams work closely with farmers, offering guidance on tree management, spacing and maintenance. This hands-on support has contributed significantly to the success of the programme.In some of Kenyas drier regions, including Kinango in Kwale County, trees planted only a year ago have grown to more than two metres in height.Mutuma attributed this success to continuous farmer training and the adoption of proper silvicultural practices, including correct spacing, species selection and tree maintenance.Many people traditionally believed trees would simply grow on their own. What we have demonstrated is that trees need care, just like raising a child. The more attention you give them, the better they grow, she said.The monitoring model has also strengthened accountability for partners and investors supporting the programme. According to Mutuma, NCBA receives real-time data on tree survival rates and project performance, while also conducting independent audits and engaging directly with participating farmers.Not monitoring is not an option for us. Our partners can see the actual work on the ground, speak to farmers and verify the impact for themselves. That level of transparency has been critical to the programmes success, she added.A Farmer-First Approach to Carbon RevenueThe initiative comes at a time when Kenya is implementing provisions under the amended Climate Change Act, which introduced a minimum 40 per cent benefit-sharing requirement for land-based carbon projects.Mutuma welcomed the reforms but revealed that Boreka has gone beyond the legal requirement by committing 60 per cent of carbon revenue directly to participating farmers.The farmer provides the land, the labour and the long-term care of the trees. We believe they should be the primary beneficiaries, she said.Under Borekas model, 60 per cent of carbon revenues generated from projects are allocated to farmers, while the remaining share is distributed between the company and project financiers.Mutuma argued that fair compensation is essential to encouraging more communities to embrace conservation and tree-growing initiatives.If farmers can clearly see the benefits, we will never have to force anyone to plant trees. They will do it because it makes environmental and economic sense, she said.She added that the approach is helping build trust within communities while demonstrating that climate action can create tangible economic opportunities.As Kenya pushes towards its climate commitments and national tree-growing targets, initiatives that combine environmental restoration with community empowerment are increasingly being viewed as critical to building climate resilience while creating sustainable livelihoods.For Boreka and its partners, the goal extends beyond planting trees. It is about creating a sustainable model where communities, businesses and the environment all benefit, ensuring that climate action delivers lasting impact for future generations.The post Boreka Group and NCBA Surpass 340,000 Trees as Farmer-Led Climate Action Gains Momentum appeared first on Africa Business News.

Advertisement Investing in Nature, Investing in Our Future: World Environment DayOn this World Environment Day 2026, under the theme Inspired by Nature, For Climate, For Our Future, we are shifting the narrative.Just as we invest in roads, ports, and power grids, we must invest in our forests, wetlands, and ecosystems as the foundational infrastructure of our economies.Climate resilience is no longer just an environmental goal; it is an economic and developmental imperative.Investing in Nature, Investing in Our Future: World Environment DayBy protecting our natural infrastructure, we: Secure water and food systems for millions; Drive clean energy adoption and green enterprise; Empower local communities through sustainable livelihoods.Sustainability is ultimately about people. No single institution can do this alone; it requires strong partnerships, long-term capital, and decisive action.Lets move beyond awareness into measurable impact. How are you investing in nature today?The post Investing in Nature: World Environment Day appeared first on Africa Business News.

Advertisement NCBA Hosts Trade Commissioners to Unlock Investment and Growth OpportunitiesNCBA Bank brought together trade commissioners, diplomats, investors, and business leaders for a Power Breakfast focused on strengthening trade partnerships and unlocking investment opportunities across East Africa.The event created a platform for meaningful conversations on economic cooperation, regional growth, and the changing global trade landscape. Representatives from embassies, high commissions, development partners, and private sector organizations attended the engagement.Speaking during the event, NCBA Director of Liabilities Business, Corporate and Investment Banking, Sankul Mandavia, emphasized the critical role trade commissioners play in driving economic growth.Your work sits at the heart of trade, investment, and economic cooperation. We are meeting at a time when global trade is changing significantly, said Mandavia.He noted that NCBA views banking as more than facilitating transactions.At NCBA, we work closely with diplomatic missions, development partners, corporates, investors, and businesses across the region. We see banking as an enabler of growth and economic transformation, he added.Kenya Positioned as a Regional Growth HubNCBA Bank Kenya Managing Director James Gossip said East Africa continues to attract increasing global attention from investors and development partners.We are at a special moment in history. The global gaze is increasingly turning toward East Africa and particularly Kenya, not just as a market of interest, but as a key engine of continental growth, said Gossip.He highlighted Kenyas position as one of the largest and most diversified economies in East and Central Africa.Kenya serves as the strategic, economic, and diplomatic gateway to the region. This creates significant opportunities for trade, investment, and business expansion, he said.Gossip added that NCBA remains committed to supporting economic development through strong partnerships.At NCBA, our role goes beyond financing. Businesses and economies grow through collaboration, and we are proud to support key sectors across the country, he said.The bank continues to engage leading industry associations, including the Kenya Association of Manufacturers (KAM), Kenya Private Sector Alliance (KEPSA), Cereal Millers Association, Kenya Seed Company, and the Kenya Flower Council.NCBA Hosts Trade Commissioners to Unlock Investment and Growth OpportunitiesSustainability Driving Investment DecisionsThe breakfast session also highlighted the growing importance of sustainability in global investment flows.According to Gossip, investors increasingly favor institutions and markets that demonstrate resilience, transparency, and responsible business practices.Today, global capital flows toward institutions and markets that demonstrate climate resilience, practice inclusive financing, and maintain a long-term ethical vision, he said.He welcomed the progress many organizations are making in strengthening Environmental, Social, and Governance (ESG) frameworks.At NCBA, we are encouraged by the deliberate steps corporations are taking to embed strong ESG principles into their operations, he added.The Power Breakfast reinforced NCBAs commitment to connecting businesses, investors, and development partners while supporting sustainable economic growth across Kenya and the wider East African region.The post NCBA Hosts Trade Commissioners to Unlock Investment and Growth Opportunities appeared first on Africa Business News.