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Get to know the latest developments in African businesses, all news about Markets, African economy and corporates.

NCBA Deepens Customer Focus with Central Kenya Tour

NCBA Deepens Customer Focus with Central Kenya Tour

By ABN StaffSeptember 22, 2025
Business
Sting Energy Debuts in Kenya, Backed by Formula 1

Sting Energy Debuts in Kenya, Backed by Formula 1

By ABN StaffSeptember 22, 2025
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Watu’s 2024 Report: 2,000 EVs, 1.4M Smartphones Financed

Watu’s 2024 Report: 2,000 EVs, 1.4M Smartphones Financed

By ABN StaffSeptember 22, 2025
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Co-operative Bank Deepens Support for Naivasha Horticultural Fair

Co-operative Bank Deepens Support for Naivasha Horticultural Fair

By ABN StaffSeptember 22, 2025
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Qatar Airways Partners with Ballon d’Or®

Qatar Airways Partners with Ballon d’Or®

By ABN StaffSeptember 19, 2025
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Safaricom Unveils Biggest M-PESA Upgrade Yet

Safaricom Unveils Biggest M-PESA Upgrade Yet

By ABN StaffSeptember 19, 2025
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Kenyans Can Now Send Money Abroad with Ease via MoneyGram

Kenyans Can Now Send Money Abroad with Ease via MoneyGram

By ABN StaffSeptember 18, 2025
Technology
NCBA Investment Bank Eyes Growth in East Africa

NCBA Investment Bank Eyes Growth in East Africa

By ABN StaffSeptember 18, 2025
Business
KCB, Afreximbank Seal $800M Deal to Boost Vipingo SEZ

KCB, Afreximbank Seal $800M Deal to Boost Vipingo SEZ

By ABN StaffSeptember 17, 2025
Business
Google to Invest £5bn in UK AI Google’s parent company, Alphabet, has unveiled a £5bn ($6.8bn) investment in the UK focused on artificial intelligence. The funding will go into infrastructure and advanced scientific research over the next two years, coinciding with US President Donald Trump’s state visit. In an exclusive interview with the BBC, Alphabet’s president and chief investment officer Ruth Porat said there were “profound opportunities in the UK” for pioneering work in advanced science. The announcement comes alongside the official opening of a $1bn (£735m) data centre in Waltham Cross, Hertfordshire, which Chancellor Rachel Reeves will launch on Tuesday. The investment also extends to DeepMind, Google’s London-based AI subsidiary, led by Nobel Prize winner Sir Demis Hassabis. DeepMind’s research aims to revolutionise advanced science, strengthening what Porat described as a “US-UK special technology relationship.” Energy, Jobs, and the Future of AI Porat emphasised that the UK’s AI Opportunities Action Plan played a role in securing the investment, though she noted that capturing the benefits of AI “was not a foregone conclusion.” She highlighted both economic and societal opportunities, while acknowledging risks that require joint mitigation. Alphabet’s expansion comes as the company’s valuation topped $3 trillion, joining Apple, Microsoft, and Nvidia. Its share price has surged after US courts decided against breaking up the firm. CEO Sundar Pichai has repositioned Google as an “AI First” company, driving its market momentum. Addressing environmental concerns, Porat explained that the new data centre will use air cooling, with captured heat redistributed to schools and homes. Google has also partnered with Shell to ensure its UK operations are powered by “95% carbon-free energy.” On jobs, she admitted that AI adoption presents challenges, but stressed that new industries and professions are emerging. “AI is collaborating with people rather than replacing them,” she said, urging graduates and professionals to engage with the technology rather than fear it.

Google to Invest £5bn in UK AI

By ABN StaffSeptember 16, 2025
Technology

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    • Meta, This Is Digital Launch AI Academy to Equip Kenyan Talent

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      NCBA Urges Families to Plan Early as Wealth Transfers Accelerate

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      BAHLITA Calls for Inclusive Public Participation in Tobacco Control Bill

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      August 26, 2026
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      Simplifying Insurance Management for Businesses

      August 17, 2026
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