Umeme Shares Crash 71% From July Dividend Peak, USE Listing Holds Flat
Shares of Uganda’s ex-power distributor, Umeme Limited, have plunged 71% on the Nairobi Securities Exchange (NSE), closing at KSh 6.94 on Tuesday, September 23, from a peak of KSh 23.70 [...]
Warren Buffet's Berkshire Exits Chinese EV Maker BYD, Turning $230M Bet Into US$ 9Bn Gain
Berkshire Hathaway has sold its remaining stake in Chinese EV and battery maker BYD, closing a 17-year investment that started with a $230 million bet in 2008. For real time [...]Etica Capital's Multi-Asset Fund, Acorn Build-to-Rent REIT, Get CMA Approval
The Capital Markets Authority (CMA) has granted four new licenses to broaden intermediaries in Kenya’s capital markets, coming a day after earlier approvals. CMA also approved Etica Capital Limited to [...]French Fund Backs Kenya’s ARC Ride in US$10mn Bet on Electric Bodas
Sustainable investment firm, Mirova, has committed up to US$10 million five-year debt funding to ARC Ride, a Nairobi-based electric mobility startup, marking the French asset manager’s first electric vehicle deal [...]
How to Buy Property in Kenya as a Foreigner or Diaspora Investor
Buying property in Kenya as a foreigner or diaspora investor is not only possible, but also a smart way to tap into one of Africa’s fastest-growing markets. With the economy [...]
Foreign Selling Drives NSE Indices to Steepest Fall Since Trump Tariffs
Foreign investors staged their sharpest exit of the year from the Nairobi Securities Exchange (NSE) in the third week of September, triggering the steepest market declines since April’s Trump tariff [...]When a Title Deed Isn't Enough
Imagine saving for years, doing everything by the book, running a land search, consulting a bank, paying rates, only to be told your title deed is worthless. That’s the reality [...]Stanbic Bank and Knight Frank Kenya Draw Insights from Kenya's Wealthiest Individuals
Kenyan High Net Worth Individuals (HNWIs) are showing strong interest in passion investments, with 72% expressing a desire to acquire art, 50% interested in classic cars and 44% keen on jewellery and high-end [...]
These 5 African Countries Offer the Highest ROI for Startups, According to Velex Advisory
Africa’s tech story is no longer an emerging narrative, but a fast-moving reality. From mobile payments to healthtech, digital agriculture to AI pilots, the continent is home to some of [...]
Financing Africa’s Future Means Fixing Risk Misperception
Foreign aid may be shrinking, but with fair pricing, smarter investments, and the AfCFTA’s financing innovations, Africa can finance its own future, and do so on its own terms, writes Mercy [...]364-Day T-Bill Heavily Oversubscribed for Second Week
Investor appetite for the 364-day Treasury bill has surged, with the tenor recording successive oversubscriptions since the re-opening of the 30-year infrastructure bond in early September. For real time market [...]Pan-African Industrial Developer ARISE Integrated Raises US$ 700 mn from Saudi Arabian Firm
ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of integrated industrial zones, has completed a US$ 700 million capital raise. “ARISE has always believed in Africa’s promise [...]
