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News and Updates on Entrepreneurship in Kenya

Kenyan logistics startup Lori Systems expands into Nigeria

Kenyan logistics startup Lori Systems has announced its expansion to Nigeria in a bid to cement its footprint across Africa. Founded by chief executive officer (CEO) Josh Sandler in 2016, Lori Systems provides supply chain management solutions to cargo owners, ensuring flexibility, reliability and cost savings. It has been a major success …

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EAC banks hit rough patch as earning prospects dip

In Kenya, the three largest retail banks—KCB, Equity and Co-operative—made a combined average growth in net earnings of 6 percent weighed down by slower growth in customer deposits, lower interest income on loans and advances, increased loan loss provisions and higher NPLs. SHUTTERSTOCK In Summary Most lenders have crawled into …

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Kenya partners with COMESA to host Kenya Trade Week

By CORRESPONDENT, NAIROBI, Kenya, Jul 14 – The third edition of the Kenya Trade Week kicks off Monday, under the theme ‘Powering Regional Integration through Trade’. The week long event will see different activities take place including the Source 21 COMESA International Trade Fair and high-level business summit held through a partnership between the …

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Kenya Got The Lion Share Of East African Private Equity Deals

look into East Africa’s investment landscape depicts that VC and PE firms have recorded consistent growth. The number of financial and strategic investors entering the region continues to record a rise. While most of the funds raised have been by international investors, locally raised funds continue to increase. A recent report has …

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Call for Entries for the Ekow Mensah Fellowship Program Ends!

The month-long call for Entries for the maiden edition of the Ekow Mensah Fellowship Program ended on the 31st of May, 2019 with 91 applications from 6 African Countries. Receiving applications from countries such as Ghana, Nigeria, Mauritius, Zambia, Kenya and South Africa indicates the continental wide endorsement of the …

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