Mogo Auto Expands Operations, Doubles Down on Motorcycle Financing
Asset-backed lender Mogo Auto Ltd expanded its operations to 36 counties in 2025, extending its reach among informal workers as motorcycle financing accelerated
Apollo Agriculture Unlocks KSh276 mn by Securitizing Smallholder Farmers' Loans
The deal reflects a growing shift in African agricultural finance toward capital markets-based funding structures, where fintech lenders originate and manage credit risk, while institutional investors provide liquidityRuto Pushes for New African Financial Order as Summit Unveils Billions in Deals
Africa currently holds more than US$ 4 trillion in long-term domestic savings, including over US$ 1 trillion in pension and insurance assets and more than US $500 billion in central bank reserves.Real Estate’s Shift from Speculation to Yield Takes Centerstage at This Week’s East Africa Property Investment (EAPI) Summit in Nairobi
EAPI 2026 will take place Wednesday May 13th to Thursday May 14th at the Radisson Blu, Upper Hill in Nairobi – marking a busy week of investor conversations in Kenya’s capitalFlame Tree Swings to KSh 15.9Mn Loss as One-Off Insurance Income Fades
Flame Tree Group swings to a KSh 15.9Mn loss in FY2025 as a KSh 293.6Mn insurance accrual that inflated 2024 earnings fails to repeat. EBITDA rose 18% to KSh 384.5Mn and gross margin hit a 13-year high of 37.8%, but finance costs of KSh 307Mn continue to consume operating gains.
Why Your Next Big Deal Isn’t Happening in a Boardroom but in Kigali This May
For the Kenyan executive, leaving Kigali with a signed agreement requires more than a pitch, it requires a project that is investment-ready and aligned with the new continental mandate of shared regional growth.Safaricom Share Price Surges 8.4% on Record Results but Banks Fall, Week 20
Safaricom surged 8.42% to KSh 32.20, lifting the NASI 2.10% and adding KSh 71.6Bn to market cap. But banks fell 1.74%, with ABSA down 7.87% and Co-op losing 6.07%, creating the widest market split of the year. CBK reserves rose for the first time in nine weeks to USD 13,414M.CBK Accepts KSh 94Bn in First Triple-Tranche Auction of FY2025/26
CBK accepted KSh 94.04Bn from its May triple-tranche reopening against a KSh 80Bn target, but KSh 57.13Bn in redemptions cut net borrowing to KSh 36.91Bn. FY2025/26 net borrowing reaches KSh 804.66Bn, 91% of the revised KSh 885.9Bn domestic target.Airtel Money US$ 10Bn IPO Delayed Thrice, US$ 515Mn Deadline Looms Large
Airtel Africa has deferred the Airtel Money IPO to H2 2026, its third delay since the original July 2025 target, blaming market volatility from the war in Iran. Bloomberg values the listing at up to $10Bn with a $1.5Bn to $2Bn fundraise targeted in London. A $515Mn put option held by TPG and Mastercard becomes exercisable around July 2026, framing the IPO as both a strategic milestone and a financial deadline.Dangote Shifts Refinery Plans to Mombasa
Dangote tells the FT he prefers Mombasa over Tanga for a planned 650,000-bpd East African refinery costing US$15-17bn, citing the port's depth and Kenya's larger economy. He deferred the location decision to President Ruto, saying whatever Ruto decides is what he will do.Kenya is Becoming Glovo’s Testing Ground for the Future of Urban Commerce
In an interview with The Kenyan Wall Street, Glovo co-founder, Sasha Michaud, says that the market has shifted from an uncertain frontier into a strategic hub shaping its global model.Stanbic Posts 5.5% Profit Growth in Q1 2026 as Deposits Cross KSh 400Bn
The results show a recovery in core lending income, a milestone on deposits, and a deepening challenge in non-interest revenue.
