NSSF Risks Losing KSh 15.6 Billion in Unpaid Contributions, Disputed Assets
The National Social Security Fund (NSSF) is exposed to at least KSh 15.6 billion in unresolved financial claims, asset impairments, and contribution arrears, according to the pension firm's internal disclosures. [...]
Wingu Africa Secures US$60 Million for Data Center Expansion Across East Africa
Wingu Africa has raised $60 million in financing from Rand Merchant Bank to accelerate the development of digital infrastructure across Djibouti, Ethiopia, and Tanzania. “This is not just an investment [...]TransCentury Breaks 10-Year Loss Streak with KSh 580 Million Profit in 2024
TransCentury Plc, the best-performing NSE stock in 2025 with +212.82% year-to-date gain at the time of publishing, has reported a net profit of KSh 580 million for the year ended [...]
Cloud Services Push Konza City's Revenue to KSh 252.4mn, Other Income Streams Decline
Cloud services have emerged as the main revenue driver for Kenya’s flagship smart city, Konza technopolis, accounting for the highest proportion of the KSh 252.4 million the city generated in [...]Sanlam's KSh 2.5bn Rights Issue Undersubscribed at 82%, Underwriter Fills Gap
Sanlam Kenya Plc has wrapped up its KSh 2.5 billion rights issue with an 82% uptake from shareholders, increasing its market float and opening a new chapter in its recapitalisation [...]How We Can Leverage Domestic Capital for PPP Financing
The CoE’s overarching recommendation is the establishment of the PPP Implementation Trust Fund (PPP-ITF)—a centralized vehicle designed to pool domestic capital and deploy it in bankable infrastructure projects. Public-Private Partnerships [...]
Kenya's Assets Under Management Cross KSh 400bn
The Capital Markets Authority (CMA) has announced that Assets Under Management (AUM) for Collective Investment Schemes (CIS) have now exceeded KSh 400 billion, marking a sevenfold increase in under a [...]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. [...]
