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. [...]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 [...]
