Kenya’s Capital Markets Authority is breaking new ground in Africa’s financial regulation landscape by developing a specialized compensation mechanism to protect investors who trade in virtual assets, marking a significant evolution in the country’s ambition to establish itself as the continent’s premier digital finance hub. The proposed fund would operate separately from existing investor protection […]

Kenya’s cooperative financial sector continues to serve as a critical conduit for international development financing, with Siraji Savings and Credit Co-operative Society Ltd becoming the latest recipient of World Bank-backed funding aimed at revitalizing small and medium enterprises still grappling with the economic aftershocks of the COVID-19 pandemic. On Friday, AVLC Group formally handed over […]

In a significant boost to Kenya’s climate finance infrastructure, the World Bank has committed approximately Sh5.5 billion ($43 million) to establish a dedicated Green Investment Fund under the Kenya Development Corporation, marking a transformative moment for the country’s sustainable enterprise development and green economic transition. The funding, which forms part of the broader Kenya Jobs […]

The Private Infrastructure Development Group (PIDG) has strategically positioned itself as the anchor investor in Kenya’s industrial property market with a Sh1.95 billion ($15 million) commitment to the Africa Logistics Properties Industrial Real Estate Investment Trust (ALP iREIT). This landmark investment, announced through PIDG’s project development arm InfraCo, marks a pivotal moment for Kenya’s evolving […]