The dynamics of equity trading at the Nairobi Securities Exchange (NSE) are undergoing a significant transformation. Foreign investor activity has dropped to its lowest level in fifteen years, signalling not just a cyclical retreat but possibly a structural shift in how Kenya’s capital markets operate. According to data from the Capital Markets Authority (Kenya) (CMA), […]
In a bold strategic move, global logistics major DP World has announced an additional investment of US $5 billion in India, a commitment made during the ongoing India Maritime Week 2025 that underscores its ambition to deepen its footprint in one of the world’s fastest-growing infrastructure markets. This fresh infusion is in addition to the […]
In a landmark move for Nigeria’s industrial ambitions, the Stellar Steel Company Limited, a Chinese‐backed firm, has entered into a cooperation agreement with the Federal Ministry of Steel Development of Nigeria worth around US $400 million. The deal, announced in Abuja, signals a new era for steel production in the country and sets the stage […]
Emirates Airlines is strategically positioning Kenya as its primary gateway to East and Central Africa, capitalizing on the recently implemented Kenya-UAE Comprehensive Economic Partnership Agreement (CEPA) and an expanding commercial partnership with Kenya Airways to unlock new opportunities in passenger travel, cargo operations, and regional connectivity. As the Dubai-based carrier celebrates three decades of operations […]
In a strategic executive reshuffle aimed at bolstering America’s economic resilience, JPMorgan Chase has appointed seasoned banking veteran Jay Horine to spearhead its ambitious $1.5 trillion investment initiative focused on companies deemed critical to U.S. national security. The announcement, detailed in an internal memorandum reviewed by Reuters, marks a significant restructuring within the bank’s leadership […]
In a landmark address at the III Financing Summit for Africa’s Infrastructure Development held in Luanda, Angola, H.E. Lerato D. Mataboge, African Union Commissioner for Infrastructure and Energy, unveiled an unprecedented US$30 billion strategic investment framework designed to revolutionize the continent’s aviation sector over the next decade. The announcement, delivered during a high-level session focused […]
East African Breweries Limited (EABL), Kenya’s leading alcoholic beverages manufacturer, has launched an ambitious fundraising initiative that opens the door for ordinary Kenyans to invest in one of the country’s most established corporate entities with as little as Ksh 10,000. The company is seeking to raise up to Ksh 11 billion through the first tranche […]
In a groundbreaking move that positions the Central Asian nation at the forefront of digital finance innovation, Kyrgyzstan has officially launched a national stablecoin alongside a central bank digital currency (CBDC) in collaboration with cryptocurrency exchange giant Binance. The announcement was made by President Sadyr Japarov on Saturday, marking a significant milestone in the country’s […]
In what represents one of the most ambitious gatherings focused on African economic development in recent years, heads of state, global investors, and development partners are converging in Angola’s capital from October 28-31, 2025, for the III Summit on Financing for Infrastructure Development in Africa. The high-stakes meeting carries the weight of continental expectations as […]
The Kenyan government has published the Draft Kenya Sovereign Wealth Fund Bill, 2025, a landmark piece of legislation that establishes a comprehensive national fund designed to manage revenues from oil, gas, and mineral resources. Treasury Cabinet Secretary John Mbadi announced that the fund will require an initial capitalization of KSh 200 billion before it can […]
Global government bond markets are reacting to rising geopolitical tensions and the potential inflationary consequences of the ongoing Middle East...
Investors Move to Cash-Like Assets U.S. money-market funds have surged to a historic milestone as global investors seek safety during...
Bitcoin’s Rise Sparks Broad Crypto Stock Rally Cryptocurrency-related stocks surged at the opening of the U.S. trading session as Bitcoin...
A major residential development on the outskirts of Nairobi is drawing significant public attention as urban professionals search for modern...
