Africa's Top Investors on Raising Capital in 2024 and Beyond- 54 Collective's African Pre-Seed Podcast
During the African Pre-Seed Live podcast convened by Pan-African VC 54 Collective sector stakeholders sought to define the new model that both investors and innovators should employ in their perception [...]
Benefits of Relocating Your Business to an Industrial Park
Kenya set out to diversify its economy by reducing its reliance on agriculture and expanding its industrial sector. Industrial parks became central to this strategy, offering businesses the infrastructure and [...]
Gov't Seeks KSh 30bn from Reopened Bonds in October Sale
The Central Bank of Kenya (CBK) is seeking to raise KSh30 billion from two reopened bonds for budgetary support in October sale. The bonds will be listed on the NSE’s [...]Moody's Upgrades Africa Finance Corporation's Credit Rating
Moody's Investor's Service has upgraded infrastructure solutions provider Africa Finance Corporation's (AFC) credit rating from Negative to Stable. Notwithstanding increased country risk in several of AFC’s countries of operation over [...]
Safaricom Investment Co-operative Rebrands to SIC Investment
Safaricom Investment Cooperative has rebranded to SIC Investment Cooperative as part of its 2023-2027 strategic plan. “We understand that client choices constantly keep changing and evolving, driven by shifts around [...]Parliament Halts Adani JKIA Deal, Outlines Key Areas for Special Audit
The National Assembly investments committee has ordered the Kenya Airports Authority (KAA) to suspend all further engagements with Adani Group until it conducts a forensic audit. “This Committee cannot avoid [...]Diaspora Inflows Hit Record KSh 55.2 billion in August
Money sent home by Kenyans living and working in the diaspora hit a record high in a single month, clocking US$427.2 million (KSh55.2 billion), in August. In the 12 months [...]NSE, UK's MOBILIST Partner to Drive New Listings
The Nairobi Securities Exchange (Ticker: NSE) has entered into a partnership with UK government programme MOBILIST to drive the listing of new investment products in the Kenyan market. “The strategic [...]Safaricom Secures Another KShs. 15bn Loan from 4 Banks for ESG
A year after it received the first tranche of a sustainability loan, Safaricom PLC has secured the second tranche of KShs. 15bn from KCB, ABSA, Standard Chartered, and Stanbic to [...]5 Ways to Invest in Real Estate as a Kenyan in Diaspora
As a Kenyan living abroad, investing in real estate in Kenya can be a way to build wealth and stay connected with home. The real estate market in Kenya is [...]Why Banks are Expanding Branch Networks in the Digital Age- Stanbic Kenya CFO
Banks in Kenya have been expanding branch networks across the country and region despite being in the age of digitization where most transactions happen online. On the sidelines of Stanbic [...]Acorn Holdings Bond to Delist from the NSE
Acorn Holdings, listed under the Fixed Income Securities Market Segment of the Nairobi Securities Exchange (NSE), is set to delist from the bourse after it opted for an early redemption [...]
