KCB Group Plc announced plans to acquire a minority stake in Pesapal Limited, a digital payment service provider licensed by the Central Bank of Kenya (CBK). The investment aims to expand KCB’s presence in Kenya’s fast-growing digital payments sector and support innovative financial solutions for small and micro enterprises. The deal, announced on October 31, is subject to regulatory approval from the CBK and the Capital Markets Authority.

Kenya Electricity Generating Company (KenGen) reported a 54% rise in profit after tax to Sh10.48 billion for the year ending June 2025, driven by cost optimization, higher output, and diversification gains. Profit before tax climbed 42% to Sh15.47 billion, while revenue remained stable at Sh56.1 billion. Non-traditional income grew 235% from regional geothermal projects. CEO Peter Njenga credited efficiency initiatives and renewable expansion as key to sustaining Kenya’s clean energy leadership.

NCBA Group projected Kenya’s economy will grow by 5.0% in 2025, supported by improved credit growth, stable inflation, and higher fiscal spending. Speaking at the NCBA Economic Forum in Nairobi, Managing Director John Gachora emphasized prudent public spending and balanced policy coordination to sustain growth. He noted strong performance in telecommunications, trade, and services, while warning that high debt service costs and global slowdowns could affect exports and fiscal resilience.

Safaricom’s M-Pesa Foundation launched a KSh 30 billion education initiative, Citizens of the Future, to fund 10,000 scholarships and upgrade more than 600 schools across all 47 counties. CEO Peter Ndegwa said the five-year program will train teachers in digital and ICT skills, modernize learning environments, and improve access for learners with special needs. The initiative unites Safaricom’s education efforts under one umbrella, advancing quality education and digital inclusion nationwide.

Equity Group Holdings reported net earnings of Sh54.1 billion for the three months ending September 2025, marking a 32% rise from Sh40.9 billion in the previous quarter. CEO James Mwangi attributed the growth to diversified revenue streams, efficiency gains, and strong regional performance. Return on Average Equity stood at 26.4%, while Return on Average Assets reached 4.1%. The group’s subsidiaries in Kenya, DRC, and Rwanda contributed significantly to the improved results.

Kenyans living abroad will benefit from a new Diaspora Medical Insurance Cover launched by the Kenya Diaspora Alliance (KDA) in partnership with Jubilee Health Insurance, BUPA Global, and Kenbright Insurance Brokers. The plan provides continuous healthcare access for diaspora members and their families in Kenya, addressing gaps long filled by informal fundraising. The scheme leverages BUPA’s 2.4 million-provider network, connecting Kenyans to international care while supporting local health financing reforms.