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 […]

Nigeria is forging a strategic partnership with Kenya to break into the booming global avocado market, a sector projected to swell to $23.29 billion by 2029, as the collaboration aims to empower Nigerian farmers and help the country tap into the lucrative international trade of what’s often called “green gold.” The partnership between Nigeria and […]

The Central Bank of Kenya (CBK) has licensed 27 new Digital Credit Providers (DCPs), in a bid to streamline lending activities in the financial technology space and bring total licensed lenders to 153, marking a significant expansion of Kenya’s regulated digital lending ecosystem. In an announcement on Thursday, CBK said the move brings the total […]

Kenya is set to launch bidding for 10 oil exploration blocks this month, marking the country’s first licensing round since enacting comprehensive petroleum legislation six years ago. The announcement signals a renewed push by the East African nation to revitalize its stalled oil industry and attract international investment following significant regulatory reforms and infrastructure developments. […]

Safaricom, East Africa’s telecommunications giant, has partnered with Meta’s infrastructure affiliate Edge Network Services to build a groundbreaking $23 million subsea internet cable connecting Kenya directly to Oman. The ambitious project, officially named Daraja (Swahili for “bridge”), represents a historic milestone as Safaricom’s first direct venture into subsea infrastructure ownership. Build the future you deserve. […]

Global company bolttech has announced its strategic entry into the Kenyan market through a partnership with LOOP, the digital banking platform of NCBA Bank. The alliance will support the launch of LOOP Flex Device Financing in October 2025, marking a significant milestone in Kenya’s rapidly evolving digital finance ecosystem and representing bolttech’s first major expansion […]

Betika is making a major move for regional football, injecting $325,000 (KSh42m) into the Council of East and Central Africa Football Associations (CECAFA) Kagame Cup 2025/26 as the tournament’s official sponsor. The investment is set to benefit clubs and fans across 12 countries, boosting competition, fan engagement and the overall profile of football in the […]

Key Takeaway: Finnfund’s $4 million investment in Poa Internet represents a strategic move to tackle Kenya’s digital divide, bringing affordable high-speed internet to underserved communities while positioning the country as a model for inclusive digital transformation across Africa. Finnfund, the Finnish development financier, has announced a $4 million debt investment in Poa Internet, Kenya’s fourth-largest […]