South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.

Google has selected 15 AI-focused startups from various African countries including Nigeria, Kenya, South Africa, Uganda, Tanzania, Senegal, Côte d’Ivoire, and Angola for its Google for Startups Accelerator Africa program. This initiative emphasizes a transition towards scalable and revenue-generating innovations within the continent's tech ecosystem. The startups, which span sectors such as fintech, mobility, healthtech, agritech, and SaaS, completed a three-month hybrid program.

4G Capital has provided over $1 billion in loans to small businesses in Kenya and Uganda, reflecting a growing need for working capital among entrepreneurs often excluded from traditional financing. Since its inception in 2013, the Nairobi-based fintech has served approximately 800,000 customers and issued more than 7.6 million short-term loans.

Google has announced its commitment to enhancing Ghana's digital transformation by investing in digital skills development and local-language artificial intelligence initiatives. This move is part of a broader strategy to support the country's technological growth and improve access to digital resources.

On June 18, 15 AI-focused startups from various African countries, including Nigeria, Kenya, South Africa, Uganda, Tanzania, Senegal, Côte d’Ivoire, and Angola, graduated from the Google for Startups Accelerator Africa programme, which is a three-month hybrid initiative.

Absa Bank Kenya PLC has appointed Catherine Adeya as an Independent Non-Executive Director, effective June 25, 2026. The bank's Board of Directors announced that Dr. Adeya brings over 20 years of experience in governance, technology, and development, having worked in various sectors including academia and public institutions.