Africa Tech Summit London Returns to London Stock Exchange on May 29 for its Landmark 10th Edition
Kenya’s Complicated Place in the New World Order
The military part of the Gulf Crisis might be finally coming to an end, but the world will never be the same again. It’s time to redefine Kenya’s place in it.
Kenya’s Banking Sector Splits Into Winners and Laggards
Kenya’s banking sector is no longer moving as one trade, according to the FY25 Kenya Banking Sector Report published by Wall Street Africa Group.
KESONIA, Lower Rates, and the New Profit Test for Kenya's Banks- Wall Street Africa FY25 Kenya Banking Sector Report
After nearly two years of strong macro tailwinds, banks are now being forced to prove how much of their profitability was structural and how much was simply helped by high interest rates, elevated Treasury bill yields and foreign exchange volatility.Wall Street Africa Group Launches Inaugural Kenya Banking Sector Report
Wall Street Africa Group’s inaugural banking sector report shows that FY2025 marked the end of easy earnings for Kenyan banks. FY2026 now set to test which institutions can sustain performance in a lower-rate, tighter-margin environment.
Dangote Outlines Plan to Grow Group Revenue to US$100bn
In its “Vision 2030: Supercharging Dangote Group for Long Term Success”, presented to Afreximbank's board and estimated to require at least $40 billion in new investments,
Private Capital Firm Targets US$ 6bn for LAPSSET Buildout
Afri Fund Capital plans to issue debt across multiple markets, with listings on the Nairobi Securities Exchange (NSE) and the London Stock Exchange (LSE) alongside a third exchange in the Middle East or Asia.
Nigeria's Zenith Bank Completes Paramount Bank Kenya Acquisition
Zenith Bank Plc has completed the acquisition of Paramount Bank Kenya Limited, gaining its first East African foothold. The deal covers the bank's entire share capital plus subsidiaries PB Capital and Paramount Bancassurance. Paramount posted a KSh370 Mn profit in FY2025 on total assets of KSh17.11 Bn. The acquisition price was not disclosed.
Afreximbank Commits US$10 billion to Shield African and Caribbean Economies
Afreximbank will avail US$10 billion under its Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impact of the ongoing Gulf crisis.Inside Advtech's Kenya Bet: 6,000 Students, KSh 1.29Bn Acquisition, and Plans to Double
In an exclusive interview with Kenyan Wall Street, Advtech Regional MD Horace Mpanza revealed Makini Schools has surpassed 6,000 students across seven Kenya campuses. The KSh 1.29 Bn Regis Runda acquisition is driving 17% enrolment growth. Cambridge demand is surging, with enrolments growing sevenfold since 2020. Mpanza confirmed ADvLEARN is live in Kenya with measurable maths improvement. A second Crawford campus is "not closed" as an idea.Faulu Loss Halves to KSh 496 Mn, NPL Edges toward 30%
Faulu Microfinance Bank, a member of the Old Mutual Group, narrowed its net loss 50.8% to 496.4 Mn for the full year ended 31 December 2025, from 1.010 Bn in 2024. Total income fell 8.8% to 3.091 Bn as loan interest contracted on a shrinking advances book. Staff costs were cut 28.9% to 889.2 Mn and finance costs fell 71.0% to 101.0 Mn after external borrowings were fully repaid. Capital ratios remain below statutory minimums, with core capital to deposits at 6.7% against an 8.0% floor.Ghana's Energy Chamber Pushes for Africa Energies Summit Boycott
