Crown Healthcare, a Kenyan medical products distributor, has secured a critical US$10 million investment from Impact Fund Denmark to accelerate construction of a large-scale pharmaceutical manufacturing plant—a strategic move aimed at combating a counterfeit medicine crisis that claims over 100,000 lives annually across Africa while reducing Kenya’s dangerous dependence on imported pharmaceuticals. The investment, equivalent […]

In a resounding demonstration of investor confidence in Kenya’s corporate debt market, telecommunications giant Safaricom PLC has announced that its inaugural green bond attracted applications totaling Ksh 41.4 billion—nearly three times the initial target of Ksh 15 billion. The exceptional demand, representing a 175.7 percent oversubscription, forced the company to exercise its full Ksh 5 […]

The Central Bank of Kenya (CBK) has opened a strategic window for retail and institutional investors to participate in government securities through two reopened fixed-coupon Treasury bonds, each targeting to raise KSh60 billion for budgetary support. The initiative, which allows entry from as low as KSh50,000, represents a significant opportunity for Kenyans to invest in […]

Family Bank has successfully closed its private placement of ordinary shares, raising a remarkable Sh8 billion and significantly oversubscribing its initial Sh6.09 billion target by 131 percent. This substantial capital raise underscores a resounding vote of confidence from the investment community in the lender’s strategic direction, particularly its focus on digital transformation and inclusive banking […]