Kenya to Receive US$682.3M from IMF in Jan 2024
Kenya will access US$ 682.3 million in financing from the International Monetary Fund (IMF) in January 2024. “The agreement is subject to IMF management approval and consideration by the Executive [...]
Kenya Prepares Return to International Capital Markets
Kenya's National Treasury has appointed Citi and Standard Bank as joint lead managers to assess potential international US$ capital markets funding and liability management options for Kenya. In the absence [...]Manufacturers Raise VAT Refunds, Dollar Shortage, With IMF Team
The Kenya Association of Manufacturers (KAM) has raised the issue of delays in Value Added Tax(VAT) refunds with a visiting team from the International Monetary Fund (IMF). KAM raised concerns [...]SMEP Microfinance Sells 51% Stake to US Organization
The Central Bank of Kenya (CBK) has announced the acquisition of 51 percent of the shareholding of SMEP Microfinance Bank PLC (SMEP MFB) by HOPE Advancement Inc. (HOPE). Prior to [...]Interview with Mac Conwell, Founder and Managing Partner, Rarebreed Ventures
Founded in 2020, Rarebreed Ventures is a Pre-seed to Seed venture fund consistently on the hunt for rare breed entrepreneurs. This pre-seed fund invests in exceptional founders primarily outside of [...]
IMF Seeks Replacement as Dr. Nancy Onyango Prepares to Exit
In mid-2023, Dr Onyango was shortlisted to replace Dr Patrick Njoroge as Central Bank of Kenya Governor.Kenya’s Strategy to Redeem KSh 299B Eurobond in June 2024
Kenya’s National Treasury Cabinet Secretary Prof. Njuguna Ndung’u has disclosed an elaborate strategy by the Government to settle the US$ 2 billion (KShs 299 billion) Eurobond that matures in June [...]Tyme Cofounder Tjaart Van Der Walt on Building Digital Banking Platforms for Emerging Markets
At the recent Kauffman Fellows Africa VC Summit in Nairobi, we caught up with Tjaart Van Der Walt, Director and co-founder Tyme. “We now have over 8 million customers on [...]Exclusive; Flutterwave CEO GB Discusses Expansion Plans and Vision for the Next Decade
On the sidelines of the first Kauffman Fellows Africa VC summit in Nairobi, The Kenyan Wall Street sat down with Olugbenga Agboola (GB), the Founder and CEO of Africa's largest [...]Kenya faces looming Debt Crisis as its first Eurobond Matures in 2024 Report
Kenya risks going the way of Ghana Greece and Sri Lanka if its current public debt load is not lessened, ahead of the first Eurobond it issued, which matures in [...]Kauffman Fellows CEO Jeff Harbach Discusses Venture Capital in Africa and Impact on VCs
In a recent interview with The Kenyan Wall Street, Kauffman Fellows CEO Jeff Harbach shared insights on hosting the organization's inaugural VC Summit in Africa, the impact of Kauffman Fellows [...]KQ Increases Its Weekly Flights On the Nairobi-London Route
Kenya Airways(KQ), the country’s national carrier has announced the introduction of two daily flights from Nairobi to London, effective 29th October 2023. KQ customers can now choose between a morning [...]
