Kenya’s domestic debt market is buzzing with renewed activity as the Central Bank of Kenya (CBK) officially launches the first infrastructure bond (IFB) auction for the 2025/26 fiscal year. This strategic move aims to raise a substantial KSh 90 billion, signaling the government’s continued reliance on the local bond market to finance its ambitious development […]
In a significant development poised to reshape the competitive landscape of artificial intelligence, two industry titans, Nvidia Corp. (NASDAQ: NVDA) and Snowflake Inc. (NYSE: SNOW), have jointly spearheaded a substantial new funding round in the burgeoning AI startup, Reka AI. This strategic investment, totaling an impressive $110 million, has propelled the three-year-old company into the […]
The 32nd Annual Meetings of the African Export-Import Bank (Afreximbank), known as AAM2025, recently concluded with a resounding declaration of commitment to Africa’s economic transformation. A series of impactful deal signings during the event underscored Afreximbank’s proactive role in de-risking and accelerating critical infrastructure and industrial projects across the continent. Four significant project preparation transactions […]
The Nairobi Securities Exchange (NSE) is set to usher in a new era of accessibility for Kenyan investors, effective August 1, 2025. In a landmark move, the NSE has received regulatory approval to abolish the long-standing mandatory 100-share minimum trading rule, allowing individuals to buy and sell as little as one share. This pivotal change, […]
In a powerful display of corporate commitment, approximately 60 of Germany’s most influential companies have united to launch a monumental “Made for Germany” investment initiative. This ambitious pledge, unveiled on Monday, aims to inject a staggering €631 billion into the nation’s economy by 2028, signaling a concerted effort to restore investor confidence after two challenging […]
In a remarkable turnaround story for one of Africa’s most strategically vital copper assets, Zambia’s Mopani Copper Mines is experiencing a robust revival, spearheaded by a transformative investment from the UAE’s International Resources Holding (IRH). Just one year after IRH became the majority shareholder, Mopani has witnessed a significant surge in production, substantial job creation, […]
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 $100 million trade finance facility. This landmark initiative is specifically designed to enhance access to crucial capital for businesses operating in Kenya and […]
In a significant declaration that underscores the complex realities of the global energy transition, the Organization of the Petroleum Exporting Countries (OPEC) has projected a staggering $18.2 trillion in oil sector investment will be required by 2050. This monumental figure, detailed in the latest World Oil Outlook (WOO), serves as a stark reminder that despite […]
In a landmark move set to dramatically accelerate energy access across the African continent, the African Development Bank (AfDB) has announced a significant $40 million equity investment in Project Zafiri. This pioneering financing platform is meticulously designed to scale Decentralized Renewable Energy (DRE) systems, particularly in Africa’s most underserved and energy-deprived communities. The investment represents […]
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 […]
The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR),...
The United Arab Emirates is positioning itself for another year of impressive economic expansion, with government projections indicating that the...
The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a...
The Nairobi Securities Exchange has entered uncharted territory as Safaricom's newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally...
