Data and AI jobs in Kenya accounted for 36 percent, nearly triple the levels found in most European countries (10 to 14 percent), with fewer entry-level postings currently at 42 percent. A survey by Friedrich Naumann Foundation’s Global Partnership Hub in Nairobi and the Trends and Insights from Africa (TIFA) Research Limited, shows that Kenya’s tech talent pool is locally recruited most at entry levels where demand is high but pay lean. The report indicates that Kenya is quite big on AI and coding thanks to startups and, outsourcing, but for it to create job opportunities for its young ICT…
Author: Victor Adar
The Government of Kenya has been urged to set ambitious refill and reuse targets to help cut down damaging single-use plastics and transition toward sustainable packaging systems that protect the environment while creating economic opportunities. Hellen Kahaso Dena, project lead at Pan African Plastics Project at Greenpeace Africa, said on Friday, November 14 at the launch of “Refill and Reuse” festival at the National Museums of Kenya that enhancing refill and reuse models has the potential to create jobs while reducing the hidden costs of plastic pollution that burden governments and taxpayers. “Refill and reuse systems are not new to…
A financial services and business solutions provider, Pesapal, and KCB Bank Kenya are offering at least 10,000 fuel stations across East Africa the option to run on Forecourt Management Solution (FMS), which combines “operational technology” with innovative financing models to transform the petroleum retail sector. Fuel dealers in East Africa have generally failed to efficiently manage functions such as fuel dispensing, sales, inventory tracking, payments, and reconciliation. It is on the back of this that the roll-out of FMS will provide an integrated digital platform that streamlines fuel dispensing, sales monitoring, inventory tracking, payment processing, and financial reconciliation. The technology…
I&M Bank has introduced an online foreign exchange trading platform called “I&M Fx Direct”, which positions the lender as the enabler of efficient forex conversion. The launch of the new platform follows common inefficiencies of manual forex transactions, such as delays and the need for constant phone calls. But will it transform how individuals and businesses in Kenya and beyond manage their forex transactions? “We are empowering our business clients by giving them direct control over their forex trades. We want to encourage the adoption of electronic forex trading over traditional methods by showing the benefits of speed, transparency, and…
Supermarkets, e-commerce platforms and most businesses will remain a buzz for the better part of this month (November), with shoppers spoilt for choice on product brands to buy and big deals coming their way. Black Friday, which occurs annually on the fourth Friday in November and ends on the first week of December, is a day when stores and retailers temporarily lower their prices to entice customers to purchase more goods at unbeatable promotional prices. To dig more from this month-long shopping festival, major stores in town such as Carrefour, Naivas, Quickmatt and (even) Jaza are sharing curated product deals…
The partnership between Kenya Private Sector Alliance (KEPSA) and Microsoft tech firm that has led to the launch of the Kenya Artificial Intelligence Skilling Alliance (KAISA) is expected to meet high expectations of not only the local and foreign investors, but also that of people who use AI to work, learn and do business. Among the things that the KAISA platform will do is to coordinate AI skills development, innovation, and policy collaboration across key sectors of the economy. AI reveals more than innovation as it will contribute over $3.6 trillion to the global economy by 2034, with KEPSA revealing…
Kenya Airways (KQ), through its healthcare division, KQ Health, has inked a deal with Aga Khan University Hospital in its bid to enhance the untapped medical travel business as the number of people who fly out of Africa to seek medical care hit a record Sh20 million. According to Kenya Airways, CEO, Allan Kilavuka, the national carrier is leaving nothing to chance to rule Africa’s healthcare market. The goal is also to position Kenya as a leading destination for quality healthcare within the continent. “This is an example of how aviation can directly support healthcare access… we’re connecting people not…
Business activity in the Kenyan private sector expanded markedly in October and, rising demand is encouraging companies to increase their purchasing activity for the first time since April, according to the latest Purchasers Managers’ Index (PMI) survey. A look at the fundamentals show that local companies have recorded improvement in sales intakes amid broader economic strengthening in what has caused a “milder increase in business expenses”, with input costs rising at the slowest pace in just over a year. Christopher Legilisho, Economist at Standard Bank painted the bigger picture of the improved economic environment on Tuesday, October 4, revealing that…
A senior academic has called on education stakeholders to align university engineering programmes with the rapidly evolving needs of industry to tackle the persistent mismatch between academic training and workplace demands. Eng. Dr. Julius Butime, Dean of the School of Engineering Sciences and Computing at Strathmore University, said that while thousands of engineering students graduate each year, many struggle to find employment opportunities because of lack of practical and interdisciplinary skills. “Every year, more than 7,000 engineering graduates join Kenya’s labour market. The real struggle begins when they find themselves at a crossroads—their theoretical skills a mismatch in workplace settings,”…
Family Bank, which has traded on the Over-The-Counter (OTC) market since 2006, now plans to sell shares on the Nairobi Securities Exchange (NSE) through an initial public offering in 2026, following shareholder approval. The lender has not disclosed the value of shares to be offered or their price, but said current shareholders will be able to trade their shares freely on the NSE. As of a May 2025 report, the bank was valued at Sh 18.7 per share based on its prevailing OTC price. “We have taken time to prepare, to build value, and to ensure that when we list,…