Afrexim Bank,Afreximbank Stories

Afreximbank launches Sh129bn funding kitty to empower African creatives
Alfred Onyango  |  May 15, 2025

The initiative promises to open up opportunities for filmmakers and artists to scale their craft to global standards, nurture talent, and spur job cre...

Operation Ondoa Jangili nets over 300 suspects, 200 firearms
Mary Wambui  |  May 14, 2025

The multi-agency team involved in the operation, he said, is grappling with illegal mining, drug and human trafficking as well as cross-border incursi...

Nearly half of CBK jobs held by two ethnic groups, Senate told
Maureen Kinyanjui  |  May 14, 2025

CBK currently has 1,311 employees. Of these, 325 are Kikuyu and 258 are Kalenjin. Luo staff number 139, followed by Kamba (123), Luhya (113), Kisii (9...

President Ruto postpones tour of Ukambani region
Bashir Mbuthia  |  May 14, 2025

The visit was slated to commence on Wednesday, May 21. Ruto was set to inspect major development projects such as Konza City, Thwake Dam and Wote Stad...

How Eastleigh’s BBS Mall, region’s largest shopping complex, attracts crowds with ‘Mini-Dubai’ vibe
Mary Wambui  |  May 14, 2025

Nearly two years later, the mall, now the largest landmark in the Eastleigh neighbourhood, has withstood the test of time, having grown in the number...

World Bank: Africa risks missing growth dream amid rising conflict, fragile reforms
Alfred Onyango  |  May 14, 2025

World Bank pegs the shortfall to the occurrence of political violence on the continent, which increased about eightfold between 2000 and 2023, and wit...

Four bandits killed, six AK-47 rifles recovered in security raid in Meru County
Lucy Mumbi  |  May 13, 2025

Interior Cabinet Secretary Kipchumba Murkomen recently acknowledged that Meru County has for years been plagued by cattle raids and bandit attacks, wh...

Fire at Mogadishu’s Bakaara market in Somalia destroys shops, no casualties reported
Hassan Mohamed  |  May 12, 2025

The market is the biggest economic lifeline for many people in Mogadishu and Somalia and serves many other towns and neighbouring countries, including...

Hope for Kenyans without representatives as IEBC reconstitution takes shape
Barack Oduor  |  May 12, 2025

Banisa, Magarini, Mbeere North, Ugunja, Malava, and Kasipul constituencies are yet to get replacements for their Members of Parliament (MPs), while Ba...

President Ruto sidelines governors with new Sh11.47 billion road fund
Lucy Mumbi  |  May 11, 2025

The funds, earmarked for feeder and rural roads, reignite long-standing tensions between MPs and county chiefs over control of infrastructure developm...

Turkana to take over Sh2bn infrastructure project under Kenya–South Sudan Link Road Programme
Issa Hussein  |  May 11, 2025

The inspection team urged local communities to form leadership committees to oversee the proper utilisation of the facilities, which are expected to b...

Consumers to benefit from decline in global commodity prices, says World Bank
Alfred Onyango  |  May 10, 2025

However, despite the anticipated fall, the lender notes that prices will remain higher than pre-Covid levels, reflecting ongoing supply chain challeng...

Mandera leaders visit Banisa to de-escalate tension following killing of six family members
Issa Hussein  |  May 09, 2025

Governor Mohamed condemned the attack as “barbaric” and called for a lasting solution to the recurring cycle of senseless killings in the region.

Sifuna, Owino urge Nairobi MCAs to fearlessly continue with oversight work after Munuve’s death
Maureen Kinyanjui  |  May 08, 2025

Sifuna reminded the MCAs that their roles are crucial and must be performed fearlessly, just as Munuve did during his time in office.

"Joel touched many lives," Family, friends pay tribute to Kariobangi North MCA Munuve
Maureen Kinyanjui  |  May 08, 2025

Nairobi County Assembly Speaker Ken Ng’ondi, visibly moved, reflected on how deeply Munuve had influenced his own path to leadership.

City lawyer linked to Sh1.5 billion bank heist released on Sh30 million bond
Carolyne Kubwa  |  May 07, 2025

Lawyer Esther Bitutu was directed that she report to the police station for interrogation as investigations into the high-profile financial fraud cont...

Private sector activities rise to a 27-month high in April on strong customer demand
Alfred Onyango  |  May 07, 2025

Job creation also quickened in the period under review, the strongest observed in nearly one year, as firms looked to ease pressure on workloads.

Gor Mahia blames Shabana FC for chaos at Gusii Stadium
Bashir Mbuthia  |  May 05, 2025

Gor Mahia has held Shabana FC responsible for the stampede and fan unrest that disrupted their FKF Premier League match in Kisii, accusing the hosts o...

State blames underdevelopment for insecurity in 23 counties
Lucy Mumbi  |  May 05, 2025

Interior CS Murkomen said decades of economic neglect, not lack of police presence, are fuelling banditry, cattle rustling and communal conflicts.

Pakistani Bank Al Habib announces exit from Kenya after seven years
Lucy Mumbi  |  May 05, 2025

The company said the decision follows a strategic review undertaken by the Board of Directors and is part of a wider global restructuring plan.

72 injured in Gusii Stadium chaos, FKF confirms
Bashir Mbuthia  |  May 04, 2025

The Football Kenya Federation has confirmed that 72 people were injured during Sunday’s FKF Premier League match at Gusii Stadium. FKF expressed deep...

One dead, several injured in Shabana FC, Gor Mahia FC fan clash at Gusii Stadium
Bashir Mbuthia  |  May 04, 2025

The incident occurred before the highly anticipated 2 p.m. kickoff between the two teams , who are currently placed third and fourth, respectively, in...

Scrap Metal Council suspends license renewals amid surge in imports and industry concerns
Lucy Mumbi  |  May 04, 2025

The Council has not given a timeline for when the license renewals will resume, but insisted that the temporary freeze is necessary to restore balance...

Banditry-related attacks in Kenya claim 21 lives in three months
Lucy Mumbi  |  May 04, 2025

According to Interior CS Murkomen, this marks a significant decrease from the 58 deaths reported during the same period in 2024.

Tanzania bans use of foreign currencies for local transactions
Maureen Kinyanjui  |  May 03, 2025

In addition to the general ban on foreign currency transactions, the regulations also place restrictions on contracts that were signed in foreign curr...

25 rogue police reservists arrested, sacked in banditry crackdown in Kerio Valley
Mary Wambui  |  May 02, 2025

The affected reservists were found to have engaged in activities that abetted banditry and cattle rustling, thereby undermining the progress made by t...

Banks oppose CBK plan to peg lending to Central Bank Rate, cite credit access risks
Maureen Kinyanjui  |  May 02, 2025

In its proposal, CBK has emphasised the importance of operationalising policy decisions through tools like the interbank rate to ensure stronger trans...

Man sues over cancer deaths, seeks ban on toxic chemicals, stronger health protections
Carolyne Kubwa  |  May 02, 2025

Cheruiyot also wants the President compelled to appoint a commission of inquiry to investigate the cancer crisis in Kenya and to comprehensively addre...

Chiefs in five counties to be armed in fight against banditry
Lucy Mumbi  |  Apr 30, 2025

Interior Cabinet Secretary Kipchumba Murkomen said the move is part of a broader government strategy to curb persistent livestock theft and improve se...

Turkana residents call for prioritisation of peace, security in Sh17.1 billion budget
Issa Hussein  |  Apr 30, 2025

The residents urged the county government to prioritise investing in peace and security for full development to be attained in the region.

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