Tag Archives: digital economy

Uber to Take Over Glovo Kenya in Sh1.95 Trillion Global Acquisition

Ride-hailing giant Uber is set to acquire Glovo Kenya as part of a Sh1.95 trillion ($13.2 billion) agreement to purchase Delivery Hero’s food delivery operations across 50 markets worldwide. The deal involves Delivery Hero’s businesses in Africa, Asia, the Middle East and Latin America, including Glovo’s operations in Kenya, Uganda, …

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Mudavadi Flies to Saudi Arabia for High-Stakes Talks

Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi has embarked on a three-day official visit to Saudi Arabia, where he is expected to hold high-level talks aimed at strengthening diplomatic, economic and labour ties between the two countries. According to a statement from his office, …

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Mobile Money Users Hit 53.4 Million in Kenya

Mobile money subscriptions in Kenya increased by two million to reach 53.4 million in the third quarter of the 2025/26 financial year, highlighting continued expansion of the country’s digital payments ecosystem. According to the latest data from the Communications Authority of Kenya (CAK), subscriptions grew from 51.4 million in the …

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