Property Dealers Exceed a Year on Average Without Making Single Sale-KNBS
Investors endured an average 16 months in 2023 to dispose of residential properties, with two and three-bedroom apartments taking an even longer time-over 18 months-to sell. One and two-bedroom apartments [...]
LemFi Raises US$53mn in Series B Funding Led by Highland Europe
LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe. London, Lagos, Los Angeles and Toronto, 14 January [...]
Kenyan Startups Beat Rest of Africa to Raise US$638 mn in 2024
For the second year in a row, startups in Kenya received the bulk of funding in 2024, 88 percent of the total raised in East Africa and more than a [...]How Standard Chartered is Unlocking Global Investment Opportunities for Affluent Investors
Globally diversified funds, such as Standard Chartered's Signature CIO Funds, launched globally in 2022, provide an ideal platform for investors aiming to expand their wealth internationally. Kenyan investors are redefining [...]Gov't Warns SACCOs Against Paying Out Dividends While Indebted
The Ministry of Co-operatives and MSME development is worried about the long-term stability and financial integrity of Kenyan SACCOs, prompting strict regulatory requirements for dividend payouts. SACCOs are directed to [...]Bamburi Cement-Amsons Group Deal Kicks Off with KSh 8.9 Bn Stake
Tanzania’s Amsons Group has kicked off the KSh 23.6 billion Bamburi Cement buyout deal, acquiring the first batch of the listed cement manufacturer's shares at KSh 8.91 billion in a [...]AfDB Invests US $30mn in Africa Finance Corporation for Green Share
The African Development Bank (AfDB) has approved $30 million equity investment in the Africa Finance Corporation (AFC) for the rollout of green shares. “Their $30 million commitment highlights the critical [...]
CS Aden Duale Revokes Ngong Forest Developer's Licenses
Environment Cabinet Secretary Aden Duale has ordered The National Environment Management Authority (NEMA) to quash the license of a private developer setting up a golf range and restaurant within the [...]Top Real Estate Investment Locations in Kenya for 2025
Kenya’s real estate investment market has consistently demonstrated its potential, driven by rapid urbanization, infrastructural developments, and a steadily growing middle class. The potential in Kenya transforms property hotspots, with [...]
How to Start an Investment Portfolio in Kenya for 2025: A Guide
Building an investment portfolio is an essential step toward financial freedom, and for many Kenyans, 2025 offers a prime opportunity to take that step. With the country’s growing economy, diversified [...]Sanlam Issues KSh 3.25bn Cash Call, Part to Settle Stanbic Loan
Sanlam Shareholders have approved Board of Directors’ request to recapitalise the insurer’s balance sheet through rights issue program. “For purposes of undertaking the rights issue, the company has at this [...]Kenyan Accelerator Catalyst Fund Selected for KSh 33mn Climate Initiative
Catalyst Fund, a Kenyan pre-seed accelerator, will receive over KSh 33 million as it joins four other African VCs in the 2025 phase of the Empowering Sustainable Entrepreneurship in Africa [...]
