… Co-developed by INDOI Ltd, Blue Trade Investments, Dubai-headquartered ARISE Integrated Industrial Platforms (ARISE IIP), AfriTrade Consulting Group and Kingdom Bank, LuLu is designed to connect Mombasa to Lamu through five strategic landing points, including Vipingo Special Econ …
… pendence on a single connection.The system is being developed by Mauritius-based INDOI Ltd, through its IOX infrastructure business, in partnership with Kenya-registered Blue Trade Investments Ltd, ARISE Integrated Industrial Platforms, AfriTrade Consulting Group and Kingdom Bank …
… The bank’s subsidiaries contributed to the overall performance, with Kingdom Bank posting profit before tax of Ksh.873 million, up from Ksh.491.1 million in the previous period. …
… Five subsidiaries will operate under the new structure, including Kingdom Bank, Co-optrust Investment Services, Co-op Bancassurance Intermediary, and Kingdom Securities. …
… ode: 'thumbnails-m', container: 'taboola-mid-article-thumbnails', placement: 'Mid Article Thumbnails', target_type: 'mix' }); The orders arise from a long-running dispute between Nyanja Holdings Limited, linked to former Limuru Member of Parliament George Nyanja, and Kingdom Bank …
… Kingdom Bank nearly doubled Profit Before Tax to Ksh.446.2 million, while Co-optrust Investment Services more than doubled earnings to Ksh.335.2 million. …
… Kingdom Bank, the group’s retail-focused unit, nearly doubled profit before tax to Sh446.2 million, up by 98.6 per cent while fund management arm Co-optrust Investment Services saw profit before tax more than double to Sh335.2 million, a 107.6 per cent surge. …
An opinion piece argues that Kenya's digital and industrial economy depends increasingly on submarine fibre-optic cables beneath the ocean. The LuLu Coastal Cable System, announced at ITW Africa 2026, is designed to connect Mombasa to Lamu through five strategic landing points and will span 144 fiber pairs with capacity up to 60 Tbps per fiber pair over a 25-year design life.
An opinion piece argues that Kenya's digital and industrial economy depends increasingly on submarine fibre-optic cables beneath the ocean. The LuLu Coastal Cable System, announced at ITW Africa 2026, is designed to connect Mombasa to Lamu through five strategic landing points and will span 144 fiber pairs with capacity up to 60 Tbps per fiber pair over a 25-year design life.
Kenya's Coast is set to benefit from the planned LuLu Coastal Cable System linking Mombasa to Lamu, which will connect five landing points along the Indian Ocean coastline and could attract data centres, cloud services and technology businesses to the region.
Co-operative Bank of Kenya recorded half-year net profit of Sh18 billion, a 28 per cent increase from Sh14.1 billion a year earlier, driven by subsidiary revenues and an improving loan book despite economic headwinds in Kenya's banking sector.
Co-operative Bank of Kenya posted a 28 per cent increase in net profit to Ksh.18 billion for the six months ended June 2026, up from Ksh.14.1 billion in the first half of 2025. The lender attributed the improved profitability to growth in core banking income, with net interest income rising 13 per cent to Ksh.33.2 billion.
Kingdom Bank and the African Women's Entrepreneurship Programme Kenya have launched a partnership to connect women-led SMEs with tailored financial products, business development support and market access through the bank's Faidi Dada women's banking solution. The move addresses data showing women-owned businesses receive only Sh354 for every Sh1,000 extended to male-owned firms.
Co-operative Bank of Kenya has been named Kenya's Best Retail Bank and Best Digital Bank at the 2026 Euromoney Awards for Excellence, recognized for its customer-centric strategy and integration of traditional banking with digital innovation. The tier-one lender serves over 9.8 million account holders with more than 90 per cent of transactions processed through digital and alternative channels.
The Supreme Court has temporarily stopped any dealings with a disputed 25-acre Karen property while it determines whether land sold through a bank auction can be reclaimed by a borrower. The case involves ex-MP George Nyanja's holdings and Kingdom Bank, with implications for Kenya's property and lending sectors.
Kingdom Bank has opened a new branch at Lunga Lunga Square in Industrial Area, its 28th nationwide and second this year, targeting micro, small and medium-sized enterprises in the manufacturing, logistics, warehousing and trade sectors. The expansion contrasts with most lenders' shift to digital-only models as Kingdom Bank doubles down on physical presence in underserved markets.
Co-operative Bank of Kenya posted net profit of Ksh.8.41 billion for the first quarter ended March 2026, a 21.3% increase from Ksh.6.93 billion a year earlier, driven by growth in lending, customer deposits, and digital banking transactions.
Co-operative Bank of Kenya reported a 21.3 per cent rise in net profit to Sh8.41 billion for the first quarter ending March 31, driven by a 13.6 per cent jump in operating income and contributions from non-banking subsidiaries. The bank was also named one of Africa's Fastest Growing Companies in 2026 by Financial Times.