Africa Finance

KCB Bank Kenya Receives Approval for a $96.9M (KShs. 12.5B) Financing Facility from Green Climate Fund (GCF)

KCB Bank Kenya has received approval for a $96.9M (KShs. 12.5B) financing from the Green Climate Fund (GCF) to accelerate green projects for Micro, Small and Medium Enterprises (MSMEs) and farmers in Kenya. The blended finance initiative—a mix of concessional lending, a guarantee, and a grant—under the Climate Smart Technology (CST) programme, is meant to support Kenya’s most vulnerable communities. This facility will be deployed towards supporting value-chain and gender-inclusive […]

todayMarch 27, 2026 44 1

Africa Finance

KCB Bank Kenya Receives Approval for a $96.9M (KShs. 12.5B) Financing Facility from Green Climate Fund (GCF)

KCB Bank Kenya has received approval for a $96.9M (KShs. 12.5B) financing from the Green Climate Fund (GCF) to accelerate green projects for Micro, Small and Medium Enterprises (MSMEs) and farmers in Kenya. The blended finance initiative—a mix of concessional lending, a guarantee, and a grant—under the Climate Smart Technology (CST) programme, is meant to support Kenya’s most vulnerable communities. This facility will be deployed towards supporting value-chain and gender-inclusive […]

todayMarch 27, 2026 44 1

Highlights

PRESIDENT RUTO SWEARS IN NEW CABINET

On August 8, 2024, President William Ruto presided over the swearing-in ceremony of 19 newly appointed Cabinet Secretaries at State House, Nairobi. The event was attended by senior government officials, family members of the appointees, Deputy President Rigathi Gachagua, and Prime Cabinet Secretary Musalia Mudavadi. This marks a significant reshuffle and formation of a broad-based government aimed at addressing key national issues. In his address, President Ruto emphasized the expectations […]

todayAugust 13, 2024 54

News

KENYA; THE OLYMPIC CHAMPIONS OF AFRICA

Kenya had a remarkable run at the 2024 Paris Olympics, finishing with a total of 11 medals (4 gold, 2 silver, and 5 bronze), making it the leading African nation in the medal standings and ranking 17th globally. 1. Gold Medals:    - Faith Kipyegon: She secured her third consecutive Olympic gold in the women’s 1500m, solidifying her status as one of the greatest middle-distance runners in history.    - […]

todayAugust 13, 2024 57

Breaking News

Bangladesh’s Prime Minister Sheikh Hasina Resigns And flees country amidst Protests

On Monday, Prime Minister Sheikh Hasina of Bangladesh resigned and fled the country following weeks of escalating protests. The demonstrations, which began over a controversial job quota system, intensified into widespread unrest demanding her resignation. The situation in Bangladesh has been marked by significant violence, with hundreds of fatalities reported as the government attempted to suppress the protests. The protests originated from discontent over the reinstatement of a job quota […]

todayAugust 6, 2024 49

sports

Kenyan Athletes Make Their Mark at the 2024 Paris Olympics

Kenyan athletes have made impressive strides at the Paris 2024 Olympics, securing significant achievements in various track and field events. Track and Field Events 1500m Men Heats: Timothy Cheruiyot, Brian Komen, and Reynold Kipkorir Cheruiyot have advanced to the semi-finals. Komen placed second in his heat with a time of 3:36.31, Cheruiyot finished fifth in his heat clocking 3:35.39, and Reynold Kipkorir secured fourth place in his heat with a […]

todayAugust 6, 2024 47

What's Happnin

Sustainability

"Loftyinc capital on the Impact of Economic, Environmental, Social, and Governance (EESG) Factors on Investor Funding" Sustainability Connect Talk Show: Kevin Simmons on Investing in a Greener Future The Sustainability Connect talk show on Icon Radio featured Kevin Simmons, General Partner at LoftyInc Capital and Uwazi Advisors, who shared valuable insights on "Investing in a Greener Future."   Some key Highlights of the talk were: EESG Focus: "Businesses exist to […]

todayAugust 5, 2024 232 6

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