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 [...]East African Cables Narrows H1 Loss to KSh190M Amid Administration Battles
East African Cables Plc (Under Administration) has reported a net loss of KSh 190 million for the half year ended June 2025, down from KSh 275 million for the same [...]TotalEnergies Kenya H1 Profit Up 17% to KSh 1.1Bn, Lower Costs Cushion Revenue Dip
Listed French multinational energy and petroleum company, TotalEnergies Marketing Kenya Plc, has reported a profit after tax of KSh 1.1Bn in H1 2025, up 17% from KSh 939Mn for the [...]The Double-Edged Sword of Foreign Investment in Kenya
Kenya’s private sector is increasingly reliant on foreign capital, but the latest 2024 Foreign Investment Survey (FIS) shows that this dependence is a double-edged sword. Outflows on external debt surged [...]Nairobi is the Fourth Wealthiest City in Africa by Number of Dollar Millionaires
Nairobi is the fourth wealthiest city on the continent by number of dollar millionaires, according to the Africa Wealth Report 2025 by Henley Partners and New World Wealth. “Sub-Saharan Africa’s economy [...]Dangote Group, Ethiopia Sign US$ 2.5Bn Fertiliser Plant Deal
Dangote Group and Ethiopian Investment Holdings have signed a shareholder investment agreement to establish a US$2.5 billion fertiliser plant in Ethiopia. This project will create jobs locally, ensure a reliable [...]
Flame Tree Group Narrows H1 Losses to KSh 76Mn, Grows East Africa Revenues
Flame Tree Group Holdings has reduced its net loss to KSh 76 million from KSh 90.6 million in H1 2024 despite inflationary pressures, high finance costs, and delays in insurance [...]
