Business & Economy
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You Can't Digitise a Blackout
According to Symphrose Ochieng of Schneider Electric, digitising East Africa's energy sector requires strengthening existing infrastructure before layering smart technologies. This warning comes as the increasing demand from AI workloads pushes data centres beyond traditional air cooling capabilities, necessitating liquid cooling for energy efficiency and performance. Meanwhile, Kenya is set to revolutionise traffic fine delivery with a new digital enforcement system allowing motorists to receive notifications via SMS and email starting June 1, 2026.
I&M Bank MTN Begins NSE Trading After Sh23.2bn Oversubscription
I&M Bank has successfully listed its first tranche of Kenya Shillings-denominated Medium-Term Note on the Nairobi Securities Exchange following an oversubscribed public offer. The Capital Markets Authority has approved the registration of the Pergamon Investment Bank Unit Trust Scheme, adding new regulated investment products to Kenya's expanding capital markets. Separately, Kenya's book and publishing industry is aiming for a larger slice of the nation's expanding education economy, driven by increased government spending and growing demand for local content.
