In a landmark decision that will reshape Kenya’s energy sector landscape, Parliament has approved the government’s ambitious plan to privatize the Kenya Pipeline Company (KPC), paving the way for the divestment of 65 percent of state shareholding to private investors through what is expected to be one of the largest initial public offerings in East […]

Kenya’s annual inflation rate edged slightly higher to 4.6 percent in September 2025, up from 4.5 percent in August, according to the latest Consumer Price Index report released by the Kenya National Bureau of Statistics. The marginal increase was primarily driven by rising costs in food and non-alcoholic beverages, transport, and housing-related expenses, though the […]

In a groundbreaking ceremony that could reshape East Africa’s industrial landscape, Aquilastar Corporate Investment has broken ground on a $150 million electric vehicle manufacturing facility at KenGen’s Green Energy Park in Olkaria, Naivasha. Backed by UAE-based Alsayegh Group, the ambitious project positions Kenya at the forefront of Africa’s electric mobility revolution. The Olkaria EV Plant […]

In a remarkable demonstration of market depth and investor confidence, the Nairobi Securities Exchange (NSE) secondary bond market has achieved a historic milestone by surpassing the KSh 2 trillion turnover mark as of September 24, 2025. This unprecedented achievement represents the first time Kenya’s fixed-income trading platform has reached such levels within a single calendar […]

Kenya’s corporate sector faces a critical wake-up call as the country’s first comprehensive Corporate Venture Capital (CVC) report exposes a massive untapped opportunity to support the nation’s thriving startup ecosystem. The groundbreaking study, launched by the UK-Kenya Tech Hub in partnership with ViKtoria Ventures through their Angel Leads Program, reveals that Kenyan corporations remain dramatically […]

RareX Limited has successfully secured a substantial $50 million funding facility from international investment firm GEM Global Yield, contingent upon the successful acquisition of the strategically significant Mrima Hill critical minerals project in Kenya. This conditional financing arrangement represents a pivotal step in RareX’s ambitious expansion into East Africa’s burgeoning critical minerals sector, positioning the […]

SunCulture has secured a pivotal $5 million investment from WaterEquity, marking a watershed moment for both companies as they work to revolutionize agricultural productivity across rural Africa. This funding represents the first investment from WaterEquity’s Water & Climate Resilience Fund, a groundbreaking initiative that has attracted over $100 million from global corporate giants including Microsoft, […]

In a significant boost to Africa’s electric mobility transformation, French sustainable investment firm Mirova has committed $10 million in senior debt financing to ARC Ride, Kenya’s pioneering electric mobility company that operates the continent’s first and largest automated battery swapping network. This landmark investment represents the Mirova Gigaton Fund’s first foray into electric vehicles in […]

United Bank for Africa (UBA) Kenya has signed a transformative Memorandum of Understanding with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) under the Investing in Young Businesses in Africa – Supporting Entrepreneurial Ecosystem Development (IYBA-SEED) programme, marking a significant milestone in Kenya’s drive toward inclusive SME financing and sustainable economic transformation. The partnership represents a […]

The revival of Rai Pan Paper, formerly the iconic Pan African Paper Mills, has entered a critical phase as management intensifies stakeholder engagement to address community concerns and demonstrate renewed commitment to restoring Webuye as a thriving industrial center in western Kenya. The ambitious revival effort represents more than just a business turnaround—it symbolizes hope […]