Airtel Kenya Bets on Home Fiber with US$ 150mn Data Center
Airtel Kenya plans to step into the home fiber market to satisfy the surge in demand for high-speed internet. “Beyond capacity, our focus is on sustainability and resilience, enabling customers [...]
Kenya Secures KSh 16.4Bn in Roads Securitization Push
The government has signed a US$ 150 million (Ksh 16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$ 1.35 billion (KSh 175bn) programme to clear unpaid [...]Pan-African Telco Paratus Expands into Kenya, East Africa
Pan-African telecommunications provider Paratus Group has expanded operations into four East African countries, providing internet services to businesses and communities while also acting as an authorized Starlink reseller in Kenya [...]Afreximbank Launches New Company to Promote Large Scale Trade, Seeds it with US$ 1bn
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC), with seed funding and a subsidiary named ATDC Minerals (ATMIN), to catalyse large scale trade in [...]
Sumac Microfinance Bank Raises US$ 2Mn
Sumac Microfinance Bank has raised US$ 2 million in expansion capital through a transaction arranged by Noblestride Capital, strengthening its ability to lend to micro, small, and medium-sized enterprises (MSMEs) [...]Aavishkaar Capital's US$250 mn Fund Backs Horizon Group Africa to Scale Operations
Aavishkaar Capital, a company of Aavishkaar Group, has announced its fourth investment in Africa in collaboration with KfW, the German state-owned investment and development bank, into spice processor Horizon Group [...]Foreign Investors Move KSh 1.18Bn from NSE, Reversing August Trend
Foreign investor activity at the Nairobi Securities Exchange (NSE) flipped sharply negative in the first week of September, reversing August’s record inflows. September has historically been an uneven month for [...]
IXAfrica Secures Upto US$200mn in Debt Funding to Expand Nairobi Data Center
IXAfrica Data Centre has secured a multi-tranche funding package from Rand Merchant Bank to expand its Nairobi campus, its CEO Snehar Shah said on Thursday.Step-by-Step Guide to Buying Land in Kenya
Buying land in Kenya is one of the biggest investments that can quickly turn into a very risky endeavor when done without due diligence, writes Lulu Kiritu, Content Manager [...]
Paratus Breaks State Monopoly with Namibia’s First Private Mobile Network
Satellite connectivity firm, Paratus Group, has launched Namibia’s first private nationwide mobile network, entering a sector long dominated by state-owned operators and marking the most significant shake-up in the country’s [...]Oxford University Hosts Leading African VC Fund Managers
1 September 2025: Strengthening the venture capital landscape in Africa and supporting the growth of technology and tech-enabled enterprises will be the focus of the Africa Venture Finance Programme (AVFP), [...]
Nairobi Business Ventures 2025 Profit Falls 11% as Trading Collapses
Nairobi Business Ventures PLC (NBV) has reported a profit after tax of KSh 32.2 million for the year ended March 31, 2025, down 11% from KSh 36.3 million a year [...]
