South Africa’s Nedbank Group has set its sights firmly on East Africa, announcing plans to acquire a controlling stake in Kenya’s NCBA Group in a transaction that could reshape the region’s banking landscape. The proposed deal, valued at roughly 13.9 billion rand—equivalent to about KSh110 billion—would see Nedbank take a 66 percent ownership stake in […]

The Nairobi Securities Exchange (NSE) recorded a cautiously positive performance in the week ending January 23, 2026, with most equity indices closing higher amid improved trading activity and a noticeable rotation in sector leadership. The gains, however, came against a familiar backdrop for the Kenyan market: persistent foreign investor outflows and selective pressure on heavyweight […]

Kenya is preparing for one of the most consequential capital-markets events in its modern history. For the first time in more than a decade, the government is bringing a strategic state-owned enterprise to the stock market in a deal that is not only large by local standards but also regionally significant. The planned Initial Public […]

TechFinancials Inc. has taken a decisive step into Africa’s extractives sector, announcing an agreement to acquire a significant stake in a high-grade iron ore project in Kenya—a move that not only reshapes the company’s asset base but also signals a broader strategic transformation. Through a structured investment in the Dilotiko Project in Taita Taveta County, […]

When Uber quietly stopped accepting Visa card payments in Kenya in December, the change appeared at first like a minor technical adjustment. But as Kenyan riders began receiving in-app messages stating, “Visa cards are no longer accepted by Uber in Kenya. Please add a different payment method,” it became clear this was not a glitch—it […]

Kenya’s startup ecosystem reached a defining milestone in 2025, raising close to US$1 billion in funding and overtaking all other African markets to become the continent’s largest destination for startup capital. According to new data from Africa: The Big Deal, Kenyan startups accounted for nearly one-third of all venture funding raised across Africa last year, […]

The Government of Kenya has taken a decisive step toward reshaping its role in the country’s most valuable company. In January 2026, the National Treasury formally sought parliamentary approval to partially divest the State’s shareholding in Safaricom PLC, proposing the sale of a 15 per cent stake in the telecommunications giant. If approved and executed, […]