Kenya’s long-deferred ambition to join Africa’s oil-producing nations has received a dramatic boost as Gulf Energy E&P BV confirmed a US$6 billion (KSh774 billion) investment commitment for the South Lokichar Oil Project in Turkana County, setting an ambitious target of December 1, 2026 for first crude oil production—nearly fifteen years after the original discovery by […]

Kenya has solidified its position as the leading destination for German-backed startup investment in Africa, securing 50 deals over the past decade as total capital flows into the continent reached $1.88 billion, according to a landmark report released in Nairobi this week. The findings underscore Kenya’s transformation into what industry participants have dubbed “Silicon Savannah”—a […]

The Nairobi Securities Exchange has entered uncharted territory as Safaricom’s newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally reshaping market dynamics and accessibility across Kenya’s capital markets. Trading activity has surged to levels never before witnessed on the bourse, with transaction volumes and values reaching milestones that signal a structural transformation rather than […]

Kenya’s Capital Markets Authority has approved six financial firms to operate as market intermediaries in a move designed to deepen the country’s capital markets, encourage innovation, and significantly broaden retail and institutional access to investment services across multiple asset classes. The licensing announcements, made on Wednesday, February 11, 2026, represent a continuation of the regulator’s […]

The National Social Security Fund (NSSF) has unveiled an ambitious infrastructure-led investment strategy that will see up to Ksh30 billion of workers’ pension contributions channeled into the Rironi-Mau Summit toll road project, marking one of the most significant direct infrastructure investments by a Kenyan pension scheme. The move forms part of the fund’s aggressive push […]

President William Ruto has launched an audacious appeal to the global investment community, calling for $40 billion in capital to finance Kenya’s decade-long national transformation programme—a comprehensive infrastructure modernization strategy designed to propel the East African nation toward first-world economic status without imposing additional debt burdens or tax increases on citizens. Speaking during the annual […]

In a significant development for Kenya’s emerging electric mobility sector, Rideence Africa Limited has announced a Sh320 million investment to begin local assembly of electric vehicles at the Associated Vehicle Assemblers plant in Mombasa. This strategic move marks a pivotal transition for the Chinese-backed company from being solely an importer and operator to becoming a […]

Kenya is positioning itself as a strategic frontier for American mining investment as the government implements comprehensive regulatory reforms designed to unlock largely untapped rare earth mineral reserves, aiming to boost export revenues and diversify an economy that has historically underutilized its significant geological endowments. The East African nation’s mining sector currently contributes approximately 0.7 […]

Kenya has launched an aggressive campaign to secure over Sh258 billion ($2 billion) in new investment commitments across critical economic sectors by March 2026, leveraging the upcoming Kenya International Investment Conference as the primary platform for deal-making. The Ministry of Investment, Trade and Industry, through the Kenya Investment Authority (KenInvest), will host the three-day conference […]

XSML Capital, a specialized provider of growth capital to small and medium-sized enterprises operating in some of Africa’s most challenging frontier markets, has announced the final close of its African Rivers Fund IV (ARF IV) at $142 million, surpassing its hard cap of $135 million. The successful fundraising demonstrates sustained investor confidence in the firm’s […]