Investigations established that China Henan International Cooperation Group Company Limited engaged in a fraudulent practice when it failed to disclose the use of a commission agent...
The Public Procurement Regulatory Authority has debarred Jofrim E.A. Company Limited from participating in future government tendering processes for breaching procurement practices. In a Gazette notice,...
Premier lender African Development Bank (AfDB) on Wednesday announced that it was pulling out international staff from Ethiopia, after a “serious diplomatic incident” in which its...
The African Development Bank Group (AfDB) has banned Kenya-based CP Power East Africa Limited and its part-owner Dawit Wondwossen from its projects after the company was...
The African Development Bank Group, on 7 October 2021, announced the 36-month debarment of Express Automation Limited with effect from 18 August 2021. Express Automation Limited...
African Development Bank (AfDB) has blacklisted a local civil engineering firm for 36 months over fraudulent practices in a Sh6.3 billion project. In a statement yesterday,...
According to Kenya Insights sources, The Nairobi office of the African Development Bank (AfDB) has concerns over the overwhelming presence of China’s Stecol in Kenyan construction....
Flamboyant Nigerian banker Akinwumi Adesina has been re-elected chairman of the African Development Bank (AfDB) after weathering a political storm over allegations of corruption. Mr Adesina...
Quiver Lounge owner Peter Mbugua is embroiled in a scandal for defrauding a Thika couple of Ksh 15 million through a land deal.
President Yoweri Museveni has called on African nations to lead in rejecting the promotion of homosexuality, describing the vice as a big threat and danger to...
The World Bank has blacklisted a Kenyan consultancy firm that has undertaken several multi-million shilling projects for top government agencies over fraud. The multilateral lender said...
The Kenya Airports Authority (KAA) is holding talks with a Chinese company with a view to reviving works on the second runway at the Jomo Kenyatta...
Shelter Afrique, the Pan-African housing development financier, has inked an MoU with Triangle Real Estate, a Juba-based real estate firm to develop 26,000 housing units for...
By David Ndii Uhuru Kenyatta must be called to account for the plunder and squandering of Sh250b Covid19 emergency funds. Since May 2020 the government has...
The African Development Bank on Thursday launched an independent inquiry into allegations of embezzlement and preferential treatment against its embattled president Akinwumi Adesina, who is seeking...
Two Chinese men have been arrested in Nigeria over alleged bribery to sway a probe of a Chinese firm, local media reported on Tuesday. According to...
About 3, 000 Kenyans are facing food shortages following the invasion of locusts in the country, this is even as Kenya recently received Sh1.9 billion to...
Ksh.2.1 billion has been set aside by Centum Investment in anticipation of a loss from its funding of the distressed multi-billion shillings Amu Power Company coal...
With proposed austerity measures failing to cutting costs and the Jubilee government looting and splurging all tax-payers money, President Uhuru Kenyatta’s administration whose thirst for debt...
On 8th November 2018, Cytonn held a client cocktail meeting at the Nairobi Serena Hotel. The forum served as a platform to enable Cytonn celebrate the...
