In a strategic move poised to address Kenya’s pressing housing deficit, Shelter Afrique Development Bank (ShafDB), a leading Pan-African institution focused on financing housing, urban, and related infrastructure development, has signed a Memorandum of Understanding (MOU) with CPF Group. This agreement, which represents a significant milestone in the ongoing efforts to provide affordable housing across […]

The Kenya Development Corporation (KDC) has taken a significant step towards empowering Small and Medium Enterprises (SMEs) across the country by launching a Sh2 billion credit support program. This initiative, in partnership with India’s Export-Import (Exim) Bank, is designed to provide favorable financial terms to Kenyan businesses for acquiring technology, machinery, and equipment from India. […]

HF Group Plc, a prominent financial services company in Kenya, has announced a rights issue offering up to 1,499,995,255 new ordinary shares to its existing investors at KSh 5 per share. The rights issue, which includes a 30% greenshoe option, represents a significant opportunity for shareholders and marks a strategic move by the company to […]

Conduit, a rapidly growing cross-border payments platform, has announced a significant milestone in its journey towards global expansion. The company recently secured $6.5 million in funding from Helios Digital Ventures, a leading African-focused investment firm. This new capital injection is set to fuel Conduit’s ambitious plans to scale its operations across Africa, a market ripe […]