Safaricom's smartphone factory in Kenya assembled approximately 700,000 devices in its first year of operation, contributing to increased access to technology in the region. The factory also created around 300 jobs, highlighting the impact of local manufacturing on employment. This development is part of a broader narrative focusing on connectivity rather than just device specifications, according to Vodacom Group's FY2026 integrated report.

Sun King has launched the EZ 1, its first-ever smartphone branded under the Sun King name, aimed at providing Kenyans with access to a smooth and reliable mobile device. This announcement marks a significant step for the company in expanding its product offerings in the Kenyan market.

Mogo, a prominent asset financier in East Africa, has reported financing over 500,000 smartphones in the region within 14 months, indicating a significant demand for affordable digital credit and flexible payment options. Notably, Uganda accounts for more than half of these financed smartphones during the same timeframe.

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.

According to TechTrends KE, South African firms have announced over Sh400 billion in acquisitions, raising questions about their investment focus on Kenya. This trend is attributed to Kenya's economic growth, as East Africa is reportedly outperforming many larger African economies. The recent transactions indicate a strategic interest in the region by South African companies.

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.