The International Olympic Committee (IOC) has established a new $100 million fund that will provide cash grants to Olympic athletes. Olympians from both summer and winter games will be eligible to apply for grants of $10,000 following their participation in competitions.

The International Olympic Committee announced on Wednesday that it will provide a $10,000 grant to every athlete participating in the Olympics. This decision comes amid increasing pressure to introduce prize money for competitors in the Games.

Nairobi City Thunder, a leading basketball team in Kenya, has secured a KSh10 million sponsorship deal from I&M Bank. This funding comes just weeks before the team begins its playoff campaign, as they aim to expand their brand beyond Kenya, according to Tech-ish.

Nakuru Governor Susan Kihika has launched the Affordable Boda Boda Programme, which allows riders to acquire motorbikes with initial deposits starting at KSh 10,000. The program is set to begin in September, aiming to support boda boda riders in accessing affordable transportation options.

The Nigeria Professional Football League (NPFL) champions for the 2026/2027 season will be awarded a minimum prize money of ₦1 billion, marking it as the highest financial reward in Nigerian domestic football, according to Vanguard Sports.

The Kenyan government has compensated 348 individuals affected by human rights violations related to protests from 2013 to 2025, totaling Ksh448.7 million. This payment is part of the initial phase of a reparations program, as announced by Makau Mutua, Chairperson of the Panel of Experts on Compensation of Victims of Human Rights Violations. The process for eligible beneficiaries has officially commenced, according to the statement released on June 23.