Karen, Gigiri Join Apartment Hotspots as Land Prices Stall in Q1
Land prices in Nairobi suburbs remained unchanged in the first quarter of 2025 compared to the previous quarter, as property sale prices in the areas contracted for a fifth straight quarter, the [...]
Chinese Steel Maker Rongtai, Suspended by KEBS over Substandard Bars, Stages Comeback in Ruto-Beijing Deals
China’s Rongtai Steel Co. Ltd. will pour KSh 12.9 billion into expanding its Kenyan operations, as part of Beijing’s investment deals inked during President William Ruto’s state visit. “As part [...]How to Start Investing on the Nairobi Securities Exchange
The Nairobi Securities Exchange (NSE) is the stock exchange in Kenya, providing a platform for investors to buy and sell shares of publicly listed companies. Investing in stocks offers a great opportunity to grow [...]
Tullow Oil Exits Kenya Amid Regulatory Delays, Uncertain Investment Outlook
Tullow Oil PLC has agreed to sell its entire Kenyan portfolio to Gulf Energy Ltd for a minimum consideration of $120 million, effectively exiting a project that has faced years [...]Afreximbank Launches First African Trade Center in Nigeria
Multilateral Bank African Export-Import Bank (Afreximbank) has commissioned its first Afreximbank African Trade Centre (AATC) in Abuja, Nigeria, as it sets its ambitions on similar projects across and outside the continent. “The [...]
Kenya Has Over 4,300 Hotel Rooms in Pipeline Amid Africa’s Hospitality Boom
Kenya has 4,344 hotel rooms in development across multiple projects, placing it sixth in Africa’s hotel construction rankings as the continent experiences record-breaking growth in hospitality investments. “According to the [...]Diaspora Opportunities in Real Estate as Trust Deficit Narrows
60% of Kenyan wealth is stored in real estate, with the value estimated at KSh 773 billion of which 10% is in the commercial real estate segment. The sector has [...]How Blockchain Technology is Revolutionizing Real Estate Investment
Blockchain is reshaping the real estate market by opening up new ways to buy, sell, and trade property. For many years, real estate investment has been associated with high capital [...]Sanlam Kenya Launches KSh 2.5 Billion Rights Issue to Fund Expansion, Repay Stanbic Loan
Listed financial services provider Sanlam Kenya Plc has announced a KSh 2.5 billion Rights Issue to strengthen its balance sheet, following a year of robust financial recovery. The capital raise comes as [...]
National Oil Companies Across Africa are Exploring New Financing Models
In March, the National Oil Corporation of Kenya (NOC) signed a non-equity investment partnership with Rubis energy, joining a growing list of state-owned oil companies on the continent in exploring [...]CDSC's Digitisation of Share Records Hits 79%
In just 18 months, Kenya has leapfrogged into the digital finance era, immobilizing 79% of all shares (81.2 billion) through CDSC's depository system a 57% surge since 2024. While giants like Safaricom and KenGen lead with 60% and 99% digital adoption respectively, stubborn paper trails remain (TotalEnergies: 89% physical). This silent revolution now delivers 48-hour dividends, fraud-proof trading, and positions Nairobi as Africa's next-gen financial hub, with CDSC racing to convert the final 21.4 billion paper shares.Regulatory Delays, Price Volatility Hamper Tullow Oil's Investments in Kenya
Tullow Oil is facing uncertainty in the progress and investments of its Kenyan oil project due to a prolonged regulatory approval process after the withdrawal of its joint venture partners, [...]
