Kenya Pipeline Company Plc (KPC) has reported an 8% increase in profit before tax to KSh17.54 billion for the 2026 financial year, as group revenue rose 9% to KSh43 billion. The petroleum transportation and storage company said revenue increased from KSh39.5 billion in the previous financial year, supported by a 7% growth in local and transit volumes. The results mark the company’s first full-year financial performance since its privatisation earlier in 2026. Profit after tax grew 13% to KSh11.58 billion, up from KSh10.24 billion recorded in the previous financial year. Speaking during the release of the results, Acting Managing Director…
Author: Edwin Mwangi
By Fredrick Seda, Managing Director, EIDU Kenya fred.seda@eidu.com There is a question I increasingly find myself asking when I walk into a Kenyan classroom: must transforming education always mean spending more? For decades, the global conversation about education technology has been seen through the high-income country lens: expensive devices, sophisticated laboratories, high-speed connectivity and ambitious digital infrastructure projects. These investments have their place, and of course are shiny, interesting and futuristic. But are they always needed to create impact for the learners who should be positively impacted by the means of technology? Much of Africa, including Kenya, the more important…
Makutano is attracting growing attention from property buyers looking for land investment opportunities along Kenya’s Kenol–Marua corridor, with Cledun Realtors positioning its projects to serve customers interested in residential development and long-term property ownership. As buyers explore alternatives to established urban property markets, locations along major transport routes are increasingly worth considering for their accessibility, potential for future development and suitability for residential projects. For investors and aspiring homeowners, understanding the location, price and available infrastructure remains an important part of making an informed land purchase. Cledun Realtors has a portfolio of projects in the Makutano area, including Neema Garden,…
Real estate firm Optiven Limited has partnered with Promitto Ltd to help landowners access construction financing, professional project management and building services in a move aimed at simplifying the journey from land ownership to homeownership. The two companies have signed a memorandum of understanding (MoU) to connect land acquisition with property development, enabling customers who purchase plots through Optiven to access services that support the construction of their homes. Optiven Chief Executive Officer George Wachiuri said the partnership would help address challenges faced by landowners who have purchased plots but lack the financing and professional support needed to begin construction.…
KPC Foundation and Power Learn Project (PLP) have celebrated the completion of the inaugural Inuka Tech Fellowship cohort, bringing together female fellows, industry leaders and mentors for an event focused on career growth and women’s participation in technology. The gathering, held at PLP’s offices in the iHUB Jahazi Building in Nairobi on September 25, 2026, was organised under the theme “Her Data, Her Future.” Dubbed Power Her | Create & Connect, the event marked the fellows’ transition from the programme while highlighting the need for more inclusive opportunities in Kenya’s technology sector. The event brought together professionals and leaders from…
Safaricom (NSE: SCOM) has launched a managed SD-WAN service that allows businesses with multiple branches to run their connectivity as one network for a fixed monthly fee, without buying equipment upfront. Branch packages start at KES 9,500 a month on a 36-month contract, with the equipment, software, maintenance and round-the-clock support included. The service addresses a recurring cost for companies operating across branches, depots and clinics. A single cut fibre line or failed link can halt payment terminals, teller counters and dispatch operations, costing sales, while traditional MPLS circuits, the private lines many firms use to link their sites, are…
Safaricom has partnered with GulfCap Investment Bank (GCIB) to launch a Shari’ah-compliant money market fund, giving M-Pesa customers a new option to invest and grow their savings from as little as KES 100. The new Ziidi Shari’ah Money Market Fund combines Safaricom’s digital platform with GulfCap’s investment management and Shari’ah expertise. Customers can access the fund through My OneApp or by dialling *334#, with subsequent top-ups starting from KES 10. Safaricom CEO Peter Ndegwa said the new product is aimed at widening financial inclusion by providing investment options suited to different customer needs and values. “With Ziidi Shari’ah, we are…
Safaricom and Pesapal have announced the rollout of new payment technologies aimed at making transactions faster, simpler and more convenient for businesses and customers across Kenya. The partnership brings together Safaricom’s M-PESA payment innovations and Pesapal’s merchant payment infrastructure, introducing Dynamic Scan-to-Pay and Tap-to-Pay through Pesapal’s point-of-sale (POS) devices. The latest developments build on Safaricom’s existing M-PESA payment solutions, including Scan-to-Pay, AI Pay and Tap-to-Pay, as the company seeks to expand digital payment options for customers and businesses. Speaking on the partnership, Safaricom Group Chief Technology Officer James Maitai said the company was focused on evolving the M-PESA payment experience…
Farmers in Githunguri, Kiambu County, have been urged to embrace digital technology and artificial intelligence to improve farm productivity, manage their businesses and access new markets. The call was made during Safaricom’s Safire Connect Forum held in Githunguri on Wednesday, October 7, 2026, bringing together farmers, agripreneurs, agricultural experts and industry partners to explore practical ways technology and financial solutions can support agricultural enterprises. The forum focused on three areas — Grow, Protect and Connect — with participants exploring ways to improve farm yields, strengthen financial management and use digital tools to expand their businesses. Speaking during the forum, Safaricom…
Safaricom has stepped up its support for Kenya’s creative economy through the Fishermen Experience in Kisumu, bringing together young artists and industry players for three days of learning, civic engagement, music and entertainment. The three-day experience featured creative and business masterclasses on Wednesday and Thursday before culminating in a major concert at Mamboleo Stadium on Saturday, giving young creatives an opportunity to develop their skills while showcasing Kenyan talent. The first day focused on the business side of creativity, with artists and industry practitioners receiving training on financial literacy, managing irregular income, taxation, investment, brand development, digital music and ways…