Diaspora Shifts Investment from Land to Cash Flow Generating Real Estate
While buying land ‘back home’ has always been a top priority for many Africans in the diaspora, trends are beginning to shift away from idle land toward cash-flow generating assets [...]
Listed Banks' Market Cap Soars 311% Since 2006
Between 2006 and 2024, the banking sector's market cap on the Nairobi bourse grew by 311.5%, as listed lenders outpaced their unlisted peers. Kenya’s 11 listed banks have outperformed their [...]
Kenya, South Africa Led Continent in Private Capital Investments in 2024
South Africa and Kenya remained leading destinations for private capital flows in Africa, recording 84 and 83 transactions respectively in 2024, the Africa Capital in 2025 Report by Stears reveals. [...]
Meta to Build US$10bn Undersea Cable Longer than the Earth's Circumference'
Tech giant Meta is set to to build the longest 24 fibre pair cable project in the world' reaching five continents and spanning over 50, 000km in a bid to [...]
Kenya Closes KSh 50bn Debut Domestic Bond Buyback
The debut domestic bond buyback by the Central Bank of Kenya (CBK) has met its target, buying back bonds worth KSh 50.09 billion against a targeted KSh 50 billion. This [...]Africa Finance Corporation Raises US$400mn in Oversubscribed Islamic Facility
Infrastructure solutions provider Africa Finance Corporation (AFC) has raised US$400mn Murabaha Islamic financing facility from 11 institutions. “Islamic finance plays a growing role in our funding strategy, helping us tap [...]Activity in Real Estate to Pick Up as Banks Lower Loan Prices
The banking sector is projecting that real estate prices will strengthen in the coming months due to a lower interest climate, renewing hope in a sector that has been hard [...]Business Leaders Challenge Africa's Risk Profile as AfDB Plans Investment Guarantee Agency
The Africa Development Bank (AfDB) will establish the Africa Investment Guarantee Agency that will comprehensively cover international investors against political, climate, and macroeconomic risks. According to the president of the [...]Africa's Richest Man Aliko Dangote Doubles Down on Ethiopia Investments
The richest man in Africa, Aliko Dangote, will set up a second production line at his cement factory in Ethiopia increasing its capacity to 5 million tonnes per annum, [...]President Ruto Calls Out at Credit Rating Agencies for Financial Straitjacket'
Kenya has taken a swipe at global credit rating agencies for bias, linking them to $75 billion in lost opportunities to African countries. “We must be bold and call this [...]Kenya Raises KSh 130.8 Bn in Oversubscribed Infrastructure Bond
The government through the Central Bank of Kenya (CBK) has raised KSh 130.8 billion from two reopened infrastructure bonds in the February sale. The two papers the 14 year [...]Analysts Optimistic About Safaricom's Share Price Despite Data Privacy, Ethiopia Concerns
Analysts at the Standard Investment Bank (SIB) are optimistic about Safaricom's equities despite piling concerns and potential disruptions in Kenya's telecommunications scene. Safaricom's share price at the moment stood at [...]
