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HomeDaily NewsSaturday, November 22, 2025Corporate Initiatives and Launches in Kenya - November 2025
Business & Economy3 stories from 1 sources

Corporate Initiatives and Launches in Kenya - November 2025

Diamond Trust Bank (DTB) has reached a sustainability milestone by planting its one millionth tree as part of its "Much More Than Trees" initiative. This program aims to grow 10 million trees by 2030, contributing to Kenya's national environmental goals. In a separate development, startups from the Mastercard Foundation EdTech Fellowship in Kenya are urging for increased investment in education technology. The startups are seeking to expand their reach and address persistent funding gaps in Africa’s EdTech ecosystem. Meanwhile, Huawei has launched its new Watch GT6 and TXZ Tablet in Kenya, targeting the growing demand for smart wearables in East Africa.

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Saturday 9:05 PMCapital Business

DTB Marks Sustainability Milestone with the Planting of Its One Millionth Tree

DTB Marks Sustainability Milestone with the Planting of Its One Millionth Tree

Diamond Trust Bank (DTB) has reached a significant sustainability milestone, planting its one millionth tree as part of its ambitious "Much More Than Trees" initiative. The program aims to grow 10 million trees by 2030, contributing to Kenya's national environmental goals.

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Key Highlights

Diamond Trust Bank (DTB) has reached a significant sustainability milestone, planting its one millionth tree as part of its ambitious "Much More Than Trees" initiative. The program aims to grow 10 million trees by 2030, contributing to Kenya's national environmental goals.

  • DTB has planted over 1 million trees since the initiative launched in 2023, with a target of 10 million by 2030.
  • The milestone was marked at the AMREF International University campus in Northlands, Ruiru, presided over by Principal Senior Deputy Director Forest Conservation and Management, Kenya Forest Service, Dr. Clement Ng’oriareng.
  • The "Much More Than Trees" initiative, led by DTB Group Chief Executive Officer Nasim Devji, emphasizes not just planting but also monitoring, nurturing, and integrating trees with community livelihood benefits and environmental resilience.
Saturday 8:24 AMCapital BusinessFirst

China’s Huawei launches new wearable device in Kenya

China’s Huawei launches new wearable device in Kenya

Huawei has launched its new Watch GT6 and TXZ Tablet in Kenya, targeting the growing demand for smart wearables in East Africa.

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Key Highlights

Huawei has launched its new Watch GT6 and TXZ Tablet in Kenya, targeting the growing demand for smart wearables in East Africa.

  • The GT6 incorporates advanced features for high-intensity sports, including speed management, heartbeat analysis, and indicators of emotional well-being.
  • Wilfred Odera, marketing manager for devices at Huawei Kenya, stated the GT6 is primarily aimed at middle- and high-income consumers.
  • Huawei's wearable devices are gaining traction in Kenya, especially among private-sector employees and entrepreneurs.
Saturday 12:33 PMCapital Business

Startups call for sustained investment in EdTech amid funding gaps

Startups call for sustained investment in EdTech amid funding gaps

Startups from the Mastercard Foundation EdTech Fellowship in Kenya are urging increased investment in education technology to expand their reach, addressing persistent funding gaps in Africa’s EdTech ecosystem.

Read Story

Key Highlights

Startups from the Mastercard Foundation EdTech Fellowship in Kenya are urging increased investment in education technology to expand their reach, addressing persistent funding gaps in Africa’s EdTech ecosystem.

  • Global venture capital (VC) investment in EdTech dropped to $2.4 billion (Sh367.2 billion) in 2024, an 89 percent decrease from a 2021 peak of $20.8 billion (Sh3.18 trillion).
  • iHUB Kenya implements the fellowship, which recently concluded its Cohort 3 acceleration, showcasing 12 startups, 75 percent led by women founders.
  • Each startup in the fellowship receives up to $100,000 (Sh15.3 million) in equity-free funding, enabling them to scale solutions and expand learner reach.
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