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iX Africa opens new 4.5MW data centre in Nairobi

 iX Africa Data Centres has launched the first phase of its data centre in Nairobi. The new facility, named NBOX1, comes with 4.5MW capacity, 780 racks hyperscale, and is carrier-neutral, and AI-ready. The data centre is part of a larger 22.5MW campus along Mombasa Road. During a visit to the facility, Kenya Investment Authority (KenInvest)
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Wealthy Kenyans who own private airstrips

 Kenya is home to a number of high-net-worth individuals who control businesses in various sectors. Latest wealth report by British-based investment migration consultancy Henley and Partners shows the country has ten centi-millionaires, ranking seventh in Africa and first in the East African region. Centi-millionaires are individuals who have a net worth of at least USD
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Wealthy Kenyans who own private airstrips

 Kenya is home to a number of high-net-worth individuals who control businesses in various sectors. Latest wealth report by British-based investment migration consultancy Henley and Partners shows the country has ten centi-millionaires, ranking seventh in Africa and first in the East African region. Centi-millionaires are individuals who have a net worth of at least USD
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Saccos that have lost money in KUSCCO; the millions they had invested

 A number of Saccos that had invested millions of money at the Kenya Union of Savings & Credit Co-operatives (KUSCCO) have publicly acknowledged their potential losses. These Saccos have made partial and full provisions to cover for the losses emanating from the mega theft and misappropriation of billions of money in KUSCCO. Among these Saccos
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Millions of SHA money collected from Kenyans deposited in secret accounts

 The Ministry of Health has been depositing millions of money collected from Kenyans to fund the Social Health Authority (SHA) in secret accounts owned by private companies. This has been revealed by the Auditor General Nancy Gathungu in a shocking report that has exposed how the SHA money is wired in a web of mystery.
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Peter Mbugua: Quiver Lounge owner who doesn’t take alcohol, runs businesses with wife

 The Quiver chain is growing day by day with six branches in various parts of the country. The entertainment joint, which is one of the popular in the country, opened its first branch, Quiver Lounge & Grill, now Quiver HQ, along Thika Superhighway, before exploring other opportunities in various parts of Nairobi, Kajiado, and Murang’a
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How SMEs can overcome barriers to adoption of digital payments

 Over the years, digital payments have become very popular with consumers due to the convenience that they offer. This is because one can easily be able to do their shopping online, pay for their bills and even order lunch all at the comfort of your home.  With the rise in the number of consumers who
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KCB Group wins top ESG transparency award at Kenya ESG Awards 2025

 KCB Group has been recognized for its industry-leading commitment to Environmental, Social, and Governance (ESG) disclosures, winning the Best Organization in ESG Transparency and Disclosure at the 2nd Edition of the Kenya ESG Awards 2025. This announcement was made during the award ceremony organized by the Kenyan Entrepreneurs’ Conference on Trade and Development (KENCTAD), held
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USAID Kenya contracts, grants canceled by Trump cross Sh108 billion

 The amount in value of USAID Kenya contracts and grants that have been canceled by US President Donald Trump’s government has now crossed the Sh108 billion mark. This is according to the latest disclosures which show that contracts and grants worth Sh108.34 billion have now been canceled in Kenya. This is a significant escalation from
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