In a move that signals growing international confidence in Africa’s fintech ecosystem, Yango Group, a prominent UAE-based technology company, has announced a strategic investment in Zanifu, a leading Kenyan fintech platform specializing in providing working capital solutions to small and medium-sized enterprises (SMEs) across East Africa. The partnership extends beyond traditional venture funding, with Yango […]

Kenya has achieved a significant milestone in its quest for food sovereignty by successfully harvesting its first maize crop under the revived Galana Kulalu Irrigation Scheme, signaling a potentially transformative phase in the country’s efforts to rebuild domestic food production capacity and dramatically reduce reliance on costly agricultural imports that drain foreign exchange reserves. The […]

CIC Insurance Group has marked its formal entry into the global investment arena with the launch of the CIC Global Balanced Special Fund, a USD-denominated balanced collective investment scheme designed to provide Kenyan investors with unprecedented access to international markets alongside domestic investment opportunities. The launch, unveiled by CIC Insurance Group’s Managing Director Patrick Nyaga […]

NAIROBI, Kenya, October 8, 2025 — In a transaction poised to reshape Kenya’s financial services landscape, a consortium of seasoned investment professionals operating under Theo Capital Holdings Ltd has successfully acquired Kestrel Capital East Africa Limited (KCEAL), one of the country’s most established stockbrokerage firms and investment banks. The deal, structured as a Management Buyout […]

Co-operative Bank of Kenya has extended a substantial KShs 110 million debt financing package to Eboss Investments Company, earmarked for the construction of Seven Oaks School, a new British-curriculum educational institution set to serve the rapidly expanding Brookview Membley community in Ruiru. This strategic investment underscores the bank’s commitment to supporting integrated mixed-use developments that […]

Kenya has launched an ambitious $1 billion buyback offer targeting its February 2028 Eurobond, coupled with the simultaneous sale of new notes to finance the repurchase operation, the government announced Thursday. The strategic move represents the East African nation’s latest effort to proactively manage its debt maturity schedule and avoid the kind of currency crisis […]

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 […]