Wealthy Kenyans Shift From Real Estate Investments as Economic Pressures Mount
Wealthy Kenyans are retreating from real estate, with only 22% investing in residential property — down from over 50% last year — as they shift to more liquid income-generating assets, [...]
Radisson Enters the DRC Market with Two Hotels
The Radisson Hotel Group is set to open two hotels in the Democratic Republic of Congo (DRC), as interest in the country's luxury hospitality sector grows. We expanded into new [...]
KenGen to Build KSh 17bn, 100MW Green Hydrogen Plant
Listed power generating company KenGen is set to build a KSh 17bn, 100MW green hydrogen plant, funded through concessional financing from Germany. “Kenya, and Africa at large, has the potential [...]KCB, Superior Homes Sign Deal to Finance Tailor-Made Mortgages
Real estate developer Superior Homes Kenya has signed a deal with KCB Bank Kenya to support the mid-income and premium housing market segments. Whether you are a first-time buyer, an [...]Battery-Swapping Firm Kofa Raises US$8.1mn to Expand Operations
Kofa, a Ghana-based renewable energy company with expanding operations in Kenya, has secured US$8.1 million in pre-Series A funding to grow its AI-powered battery-swapping network across urban centers in Africa. [...]NSE’s Ibuka Program Opens Opportunities for SMEs to Unlock Investment and Financing
Micro, Small and Medium Enterprises (MSMEs) are the undeniable backbone of the Kenyan economy, making up 98% of all businesses in the country. Unfortunately, they often lack the necessary corporate [...]Afreximbank Launches US $1 Billion Private Equity Film Fund
The African Export-Import Bank (Afreximbank) has committed US$1 billion for the new Africa Film Fund through its development impact investment arm, the Fund for Export-Development in Africa (FEDA). “The Africa [...]Businessman Jaswant Rai Secures 30-Year Lease for Nzoia Sugar Factory
Kenyan tycoon Jaswant Rai, a dominant figure in the country's sugar industry, has won a 30-year lease to operate the struggling state-owned Nzoia Sugar Factory. Despite the optimism, the Nzoia [...]
Bank of Kigali (BK) Group Launches US$ 40M Private Equity Fund
Rwanda's largest financial institution BK Group Plc has established a US$30-40million private equity vehicle targeting strategic investments in high-growth small and medium-sized enterprises (SMEs) across Rwanda and the East African [...]Why African Venture Capital and Private Equity Have Been Generating Poor Returns
Over the past decade, African venture capital (VC) and private equity (PE) have significantly underperformed compared to other emerging markets such as China and India. Between 2014 and 2024, African [...]Can Dividend Stocks Pay Your Bills?
Many people dream of financial freedom—earning enough passive income to cover their bills without relying on a traditional job. One popular strategy for achieving this is investing in dividend stocks. [...]
Afreximbank Launches US$3 Billion Revolving Fund to Boost Intra-African Oil Imports
The African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products by African and Caribbean oil buyers. [...]
