Glovo has pledged to invest Sh10 billion in Kenya by 2030, signaling a significant expansion of its delivery services in the country.

• Glovo plans to invest Sh10 billion by 2030.
• The investment is driven by a 40 percent growth in orders in 2025.
• The company aims to double its Nairobi workforce to 1,200 in two years.

Old Mutual Kenya has launched a nationwide financial wellness campaign to assist small businesses and households in navigating persistent financial pressures.

• The initiative, which began in Thika, will extend to Machakos, Nakuru, Eldoret, Kisumu, Nyeri, Meru, and Mombasa.
• Old Mutual Kenya is offering financial education, savings and investment advice, debt management support, and risk protection.
• The campaign is informed by the Old Mutual Financial Wellness Monitor 2025, highlighting challenges from rising living costs, debt, and unstable incomes.

Mastercard and Yellow Card are partnering to introduce stablecoin-based payment solutions across Eastern Europe, the Middle East, and Africa, including Kenya.

• The collaboration aims to enhance cross-border money transfers, business-to-business payments, and digital loyalty programs using blockchain technology.
• Key organizations involved are Mastercard and Yellow Card.
• The initiative will also focus on strengthening digital asset payment security through Mastercard Crypto Credential technology.

Kenyan electric mobility firm Teketeke is seeking at least Sh1 billion in investment to expand its solar-powered charging network and promote electric motorcycles and three-wheelers, particularly in rural areas.

• The company aims to raise Sh1 billion for expansion.
• Key player: Teketeke, an electric mobility firm.
• Mobility solutions target underserved rural areas and sectors like dairy farming and waste collection.