NCBA Posts Record KSh 23.4Bn profit as Nedbank Takeover Looms
NCBA Group PLC posted a record post-merger profit after tax of KSh 23.39 Bn for the full year ended 31 December 2025, up 7.0%, driven by a 27.7% surge in net interest income to KSh 44.08 Bn as funding costs collapsed. Total dividend rose 29.1% to KSh 7.10 per share, the highest since the 2019 CBA-NIC merger. Nedbank of South Africa has tabled a $855 million bid for 66% of NCBA, valued at 1.4 times book. CMA waiver secured February 2026. CBK approval expected Q3 2026, with deal closure targeted late 2026.
The Rapid Growth of Equity Group’s Insurance Arm
Equity Group’s expansion into insurance is accelerating just as financial pressures reshape how Kenyan households manage risk, positioning the business as a key growth engine
Africa CEO Forum 2026 in Kigali – THEME REVEALED
The Africa CEO Forum has established itself as the continent’s leading platform for high-level public-private dialogue and dealmaking.
Kenya Secures Over US$2.9 Billion in Investment Deals as KIICO 2026 Opens
The Kenya International Investment Conference (KIICO 2026) opened today with the announcement of investment deals worth over US$ 2.9billionGrounded Dreamliners and Fx Reversal Push Kenya Airways to 17.2 Bn Loss
Kenya Airways reported a net loss of 17.2 Bn for the full year ended 31 December 2025, reversing the 5.4 Bn profit that had marked its only profitable year in the past thirteen. Revenue fell 14.3% to 161.5 Bn after the grounding of three Boeing 787-8 Dreamliners due to GE Aerospace engine supply chain constraints cut capacity by 18% and passengers by 12.9% to 4.55 million. Negative equity deepened to 132.1 Bn. The government is seeking a strategic investor willing to inject up to $2 Bn, with four parties in active talks. Load factors have surged to near 100% in early 2026 as Middle East conflict reroutes traffic through Nairobi.Airtel Africa Completes Starlink Mobile Tests in Kenya, Awaits Regulatory Clearance for Commercial Launch
Airtel Africa and SpaceX have completed field tests of Starlink Mobile's direct-to-cell technology in Kenya, connecting standard 4G smartphones to low-Earth orbit satellites in areas with no terrestrial signal. Tests confirmed successful WhatsApp, maps, and Airtel Money transactions without hardware changes. Airtel Africa, which covers 91% of Kenya's population terrestrially, is the first African operator to offer the service. A commercial launch depends on regulatory approvals from Kenya's Communications Authority and 13 other national regulators across Airtel Africa's markets.Ethiopian Airlines Partners with Marriott's Loyalty Program
Kenya Targets Over US$ 2bn in Investment Deals at #KIICO2026
Kenya has officially launched the Kenya International Investment Conference (KIICO) 2026, a flagship investment forum expected to mobilise more than Sh260 billion ($2 billion) in new investment commitments
Equity Group Shifts Expansion Plans to Angola as Ethiopia Entry Delays Persist
Equity Group is prioritizing expansion into Angola through a planned acquisition in Luanda, as regulatory and licensing delays continue to slow its long-standing efforts to enter Ethiopia.Nairobi Ranks 6th in Sub-Saharan Africa, 56th Globally, in New Attractiveness Index
Nairobi has been ranked 56th globally and sixth in Sub-Saharan Africa in a new Global Attractiveness Index, reflecting a mixed profile of economic strength alongside persistent infrastructure and social constraints.The South Sudan 'Ground Incident' Tearing Two Kenyan Aviation Giants Apart
The High Court has ordered Airworks Kenya Limited to pay USD 95,000 owed to Renegade Air Limited as a judgment on admission, in a legal battle over an aircraft lease agreementPwC Africa Units Risk Global Ban After World Bank Sanctions
Under the Agreement for Mutual Enforcement of Debarment Decisions signed in April 2010, sanctions imposed by one participating multilateral development bank can be enforced by others,
