Kenya Weighs Funding to Evacuate Citizens Stranded in War Zones
Kenya is scrambling to fund evacuations from the war-hit regions even though the latest supplementary budget, drafted before the Middle East conflict, shows only modest increases
NSE Loses KSh 96Bn in 7th Biggest Daily Drop Since 2008
The Nairobi Securities Exchange recorded its 7th largest single-day loss since 2008 on March 23, 2026, with KSh 96.02Bn in market value wiped out. Safaricom alone shed KSh 54Bn, accounting for over half the decline. The selloff, driven by the Iran war and Strait of Hormuz closure, hit a market that had rallied from KSh 2.94Tn to above KSh 3.5Tn on domestic capital alone, with foreign investors net sellers throughout. The launch of Ziidi Trader in February amplified retail participation but left the market exposed when institutional holders distributed into the rally. Market cap fell to KSh 3.38Tn but remains up 14.69% YTD.
The Strait of Hormuz: How Kenyan Businesses Can Navigate Price Shocks
What is critical for leadership teams, lenders and policymakers to acknowledge is that energy price shocks do not create weaknesses in balance sheets. They expose existing ones.
Africa’s Global Trade Integration is Improving Despite Geopolitical Tensions- DHL Report
Several Sub-Saharan African economies are strengthening their links to global trade and investment networks, even as globalization remains at record levels despite rising geopolitical tensions, according to the DHL Global Connectedness Report 2026.Thousands of Flights Cancelled Across Middle East Aviation Hubs in First Week of Hostilities
More than 19,000 flights have been cancelled across seven major Middle East airports since February 28 following regional airspace closures linked to escalating conflict involving Iran, the United States, and Israel. While limited operations have begun to resume, aviation disruptions continue to affect global travel networks.Kenya Holds Petroleum Budget Steady as Middle East Tensions Muddy Oil Markets
Kenya's supplementary budget comes at a time when global oil markets remain volatile amid geopolitical tensions in the Middle East, a development that has heightened the importance of maintaining reliable fuel supply systemsKenya's Meat Exporters Estimate KSh 1bn in Losses in First Days of Middle East Conflict
Kenya Airways Launches Repatriation Effort as Gulf Conflict Escalates
Kenya’s limited airlift places it among a broader cohort of governments moving to extract nationals while commercial systems remain strained but functional.Kenya's Tea Exports in the Crosshairs of Global Conflicts
Ten destinations account for 82.7% of Kenya’s monthly tea exports, and most of them are currently grappling with internal and external conflicts.Kenya Condemns Strikes on Gulf Countries as Middle East Conflict Escalates
In a statement, President William Ruto said Nairobi denounced attacks on the United Arab Emirates, Qatar, Saudi Arabia, Iraq, Oman, Kuwait, Jordan and BahrainKenya Grants Uganda Exclusive Board Seats in KPC
The government has extended the Kenya Pipeline Company IPO by three working days after the Capital Markets Authority approved a revised closing date of February 24, 2026, following investor feedback during the offer period. The extension comes alongside governance amendments that recognize KPC’s regional role, including board nomination rights for Uganda subject to shareholding thresholds. Offer terms remain unchanged, with allocation results due on March 4 and trading set to begin on the Nairobi Securities Exchange on March 9.South Africa Withdraws Peacekeeping Troops from the DRC
