SBM Bank Kenya has partnered with Mastercard to enhance its transaction capabilities and accelerate cashless payments in Kenya, phasing in new Mastercard-branded cards for customers.

• The transition aims to boost payment security, global acceptance, and digital wallet integration, including tap-to-pay features and fraud protection.
• SBM Bank Kenya CEO Bhartesh Shah stated this partnership reflects their strategy to deliver superior customer experiences and drive sustainable growth.
• This initiative follows SBM Bank's turnaround, posting a profit after tax of Sh202 million in the first half of the year, reversing a Sh943.1 million loss.

Kenya has selected Kenya Electricity Generating Company (KenGen) to operate its first nuclear power plant, a pivotal step towards adding up to 10 gigawatts of new electricity capacity to support industrial growth.

• The planned plant will begin with approximately 2GW, scaling up to 6GW in later phases, developed jointly with the Nuclear Power and Energy Agency (NuPEA).
• Energy Cabinet Secretary Opiyo Wandayi announced this marks the beginning of Kenya’s nuclear-power era, anchoring the program in technical capability and public trust.
• A Joint Engagement Framework has been established between KenGen and NuPEA to guide public awareness, stakeholder consultation, and institutional readiness for nuclear power.