The Central Bank of Kenya (CBK) has launched a strategic KSh 30 billion voluntary buyback programme for investors holding the three-year Treasury bond designated as FXD1/2023/003, marking a significant move in the government’s debt management strategy. This initiative represents one of the most substantial early redemption exercises undertaken by the Kenyan government as it seeks […]

In a significant development for Kenya’s investment landscape, the Two Rivers International Finance and Innovation Center (TRIFIC) has been officially designated as a project of strategic national importance, a classification that promises to dramatically streamline regulatory processes and position the special economic zone as a cornerstone of the country’s economic transformation agenda. The designation, announced […]

Tether, the company behind the world’s largest stablecoin USDT, has made a strategic investment in Kenyan fintech startup Kotani Pay, marking a significant milestone in the evolution of Africa’s digital asset ecosystem. This investment underscores the growing recognition of Africa as an emerging hub for blockchain technology and cryptocurrency adoption, despite the continent representing the […]

Africa’s electric mobility story has long been characterized by unfulfilled promise rather than tangible progress. Infrastructure remains scarce across the continent, power grids are notoriously unreliable, and most markets continue to depend on cheap imported gasoline-powered motorcycles. However, Dubai-headquartered Spiro has spent the past two years systematically working to rewrite that narrative, and its latest […]