African farmers and agribusiness entrepreneurs are poised to benefit from a transformative $250 million (Sh37 billion) investment initiative that promises to reshape the continent’s agricultural value chains. The Global Supply Chain Support Fund, backed by German development lender KfW and Japan’s JICA, is targeting strategic investments across three key regions: East Africa, West Africa, and […]

The Kenyan government has signed a US$ 150 million (KSh 16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$ 1.35 billion (KSh 175bn) programme to clear unpaid road construction bills and revive stalled projects, marking one of the country’s boldest experiments with securitization and setting a potential model […]

Airtel Kenya has officially broken ground on what will become East Africa’s largest data centre, marking a pivotal moment in the region’s digital transformation journey. The 44-megawatt facility at Tatu City represents a $150 million investment by Airtel Africa through its data centre arm, Nxtra by Airtel Africa, designed to meet the latest infrastructure requirements […]

The Nairobi Securities Exchange (NSE) has announced its decision to rejoin the East African Capital Markets Infrastructure (CMI) platform after nearly a decade of boycott over procurement irregularities, marking a pivotal moment in the region’s financial integration efforts. This development represents the most significant advancement in East African capital markets cooperation since the project’s inception […]