In a monumental boost for energy access and digital inclusion across Kenya, Sun King, a global leader in off-grid solar energy solutions, has successfully finalized a $156 million financing deal. This landmark securitization, backed by a powerful consortium of private Kenyan banks and international development finance institutions, is set to revolutionize access to clean, affordable […]

In a move that could significantly reconfigure the competitive landscape of East Africa’s alcoholic beverage industry, British multinational alcoholic beverage giant Diageo Plc has initiated a comprehensive review of its majority stake in the publicly listed brewer, East African Breweries Ltd. (EABL). This strategic assessment, first reported by Bloomberg, signals a potential divestment from what […]

Kenya is on the cusp of a significant transformation in its burgeoning gambling sector, as the Senate’s approval of the final version of the Gambling Control Bill paves the way for presidential assent. This landmark legislation introduces a stringent new minimum capital requirement of KSh 100 million (approximately US$770,000) for online betting operators, a dramatic […]

The Nairobi Securities Exchange (NSE) today welcomed a significant new entrant to its Growth Enterprise Market Segment (GEMS) as Shri Krishana Overseas (SKL) officially listed under the ticker $SKL. Shares of the prominent Kenyan packaging company debuted at KSh 5.90, marking a pivotal moment not only for SKL but also for the broader landscape of […]

In a landmark development for global development finance, Kenya and Senegal have officially become the newest shareholders of the European Bank for Reconstruction and Development (EBRD), bringing the total number of its member countries to 79. This pivotal expansion marks a significant step in the EBRD’s strategic move to extend its operations into Sub-Saharan Africa […]

Kenya’s domestic debt market is buzzing with renewed activity as the Central Bank of Kenya (CBK) officially launches the first infrastructure bond (IFB) auction for the 2025/26 fiscal year. This strategic move aims to raise a substantial KSh 90 billion, signaling the government’s continued reliance on the local bond market to finance its ambitious development […]

The Nairobi Securities Exchange (NSE) is set to usher in a new era of accessibility for Kenyan investors, effective August 1, 2025. In a landmark move, the NSE has received regulatory approval to abolish the long-standing mandatory 100-share minimum trading rule, allowing individuals to buy and sell as little as one share. This pivotal change, […]

In a significant boost for economic development and trade across East Africa, global banking giant Standard Chartered and British International Investment (BII), the UK’s development finance institution, have jointly launched a substantial $100 million trade finance facility. This landmark initiative is specifically designed to enhance access to crucial capital for businesses operating in Kenya and […]

In a significant boost for economic development and trade across East Africa, global banking giant Standard Chartered and British International Investment (BII), the UK’s development finance institution, have jointly launched a substantial KES 13 billion (approximately USD 100 million) trade finance facility. This landmark initiative is specifically designed to enhance access to crucial capital for […]

In a bold strategic move set to redefine its operational footprint and bolster East Africa’s clean energy landscape, Kenya Electricity Generating Company (KenGen), the nation’s leading power producer, has officially ventured into the manufacturing of solar power kits. This ambitious initiative, greenlit by the Public-Private Partnership (PPP) Directorate last month, marks a significant pivot for […]