StanChart, British Investor Launch US$100Mn Trade Finance Facility for Kenyan, Tanzanian Firms
The Standard Chartered Bank and British International Investment (BII), a UK development finance institution, have signed a US$100 million trade finance agreement aimed at expanding access to capital for businesses [...]
Bitcoin Surges Past US$122,000 as Institutions Stock Up Ahead of Key U.S. Crypto Legislation
Bitcoin traded to an all-time high of over US$122,000 on Monday, lifted by a wave of institutional buying and growing investor optimism ahead of a pivotal “Crypto Week” in Washington. [...]Centum Cuts Debt, Holds Dividend Despite 69% Profit Slump
Centum Investment Company Plc reported a sharp decline in earnings for the year ended March 2025, with net profit tumbling 69% to KSh 812.8 million, from KSh 2.6 billion the [...]
Kenchic Unveils Branded Butcheries in Residential Areas
Kenchic, a dominant player in Kenya’s poultry market, has launched Kenchic Mtaani' butcheries to formalise the meat distribution sector and expand access. “Our priority has always been the health of [...]Kapchorua Tea Shares Hit All-Time High Despite 55% Profit Drop
Kapchorua Tea Kenya Plc surged to an all-time intraday high of KSh 332 on July 11, 2025, before closing at KSh 321.50, marking a 6.46% gain for the day. Management [...]Linzi FinCo Lists KSh 44.79B Infrastructure-Backed Bond to Fund Talanta Sports City
Linzi FinCo 003 Trust, a subsidiary of the Pan-African Liaison Group, has listed a KSh 44.79 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange (NSE). GCR Ratings assigned [...]Safaricom Doubles Down on Loss-Making Circle Gas with KSh 2.4Bn Boost
Circle Gas Limited, the smart LPG distributor backed by Safaricom, continues to post heavy losses, even as it expands its footprint in Kenya and accelerates its efforts to digitize clean [...]The Best African Investment No One Is Talking About
1.5 billion people need to eat. And they can’t eat software. Startups are shutting down.VCs are retreating. And in the middle of the chaos, one company quietly pulled off 125x [...]
NSE to List First Global Equity ETF as Satrix Expands into Kenya
In a major milestone for Kenya’s capital markets, Satrix, South Africa’s largest provider of index-tracking funds, will list its MSCI World Feeder ETF on the Nairobi Securities Exchange (NSE) on [...]Olympia Capital Seeks Shareholder Nod for Tenfold Share Capital Increase
Olympia Capital Holdings Plc has unveiled a bold proposal to increase its authorized share capital tenfold—from KSh 250 million to KSh 2.5 billion—as it positions for long-term growth. “That the [...]BuuPass Secures Funding From Yango Ventures to Scale African Intercity Travel
Kenyan mobility startup, BuuPass, has landed an investment from Yango Ventures — the corporate venture arm of the UAE-based tech group Yango — in a deal aimed at transforming long-distance [...]Old Mutual Winds Down South Sudan Operations after Two Decades
UAP Insurance South Sudan (UAPISS), a subsidiary of Old Mutual Holdings, has halted Insurance business in the South Sudan market beginning this month. “This follows strategic review of the business [...]
