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 […]

In a significant stride towards fortifying its position as a regional financial powerhouse, Kenya’s Capital Markets Authority (CMA) has announced a wave of approvals for the establishment of new collective investment schemes (CIS) and sub-funds. This strategic move, detailed in a statement released by the CMA today, is poised to inject fresh dynamism into Kenya’s […]

In a perplexing turn of events that has captivated investors on the Nairobi Securities Exchange (NSE), Kapchorua Tea Kenya Plc shares surged to an unprecedented all-time intraday high of KSh 332 on July 11, 2025, before settling at KSh 321.50, marking a robust 6.46% gain for the day. This remarkable rally is not an isolated […]

Kenya has officially unveiled Africa’s inaugural fully electric cold-chain delivery network, a monumental achievement forged through an innovative partnership between electric mobility trailblazer Roam and cold-chain innovator Keep It Cool (KIC). This groundbreaking collaboration marries solar-powered refrigeration with clean electric delivery motorcycles, creating a comprehensively sustainable food delivery system. This initiative directly addresses critical challenges […]

In a monumental leap for Kenya’s financial landscape, the Nairobi Securities Exchange (NSE) is set to welcome its first-ever global equity-based Exchange Traded Fund (ETF). Satrix, South Africa’s preeminent provider of index-tracking funds, is poised to list its Satrix MSCI World Feeder ETF on the NSE on Wednesday, July 16, 2025. This landmark event not […]

In a significant development poised to reshape the landscape of long-distance travel across the African continent, Kenyan mobility trailblazer BuuPass has successfully secured a strategic investment from Yango Ventures, the corporate venture arm of the rapidly expanding UAE-based tech group Yango. While the precise financial terms of this landmark deal remain undisclosed, the investment marks […]

In a vibrant display of its growing economic prowess and innovation, Kenyan startups have collectively raised a remarkable Sh17 billion (approximately $130 million USD) in the first half (H1) of this year. This impressive figure, highlighted in a new report by “Africa: The Big Deal,” an American newsletter dedicated to tracking startup investments across the […]

As Kenyans prepare for fresh Saba Saba Day protests on Monday, the government has sounded a strong alarm regarding potential economic repercussions. Senior officials caution that repeated demonstrations, particularly those marred by violence and property destruction, could severely erode investor confidence and push the East African economic powerhouse towards a precarious path of decline. This […]

The vibrant city of Nairobi is currently hosting a pivotal event poised to redefine Africa’s investment landscape: the inaugural NextFrontierAfrica Summit. This landmark gathering, which commenced today, marks a strategic push by Kenya to champion targeted, sector-based investment across the continent. Bringing together a diverse array of stakeholders, including global investors, influential policymakers, innovative entrepreneurs, […]