Flutterwave Achieves Unicorn Status After $170 Million Funding
Flutterwave, one of Africa’s leading payments technology companies on Wednesday announced it had closed its Series C funding round of USD $170 million, pushing the company's valuation at more than [...]
How to Build Generational Wealth with Growth Stocks
You may have heard about generational wealth and maybe thought how great it would’ve been had wealth been passed down to you. You’ve probably also started taking steps to ensure [...]CBK raises KSh 30.2 Billion from Weekly Auction, 140.9% oversubscription
The Central Bank of Kenya(CBK) received bids worth KSh 33.8 Billion from the KSh 24 Billion offered at the Weekly Treasury Bills Auction, an oversubscription of 140.9%. The Government's fiscal [...]
Britam Announces Organisational Restructure Targeting Executive Team
Britam Holdings, one of East Africa's largest insurance companies, has announced a new organizational restructure that targets the executive team. According to a public statement released by the insurer, the [...]
Wealth Report Shows Population of Wealthy Kenyans Dropped by 22% in 2020
The number of High-Net-Worth Individuals (those worth over one million US dollars) dropped by 22% last year according to Knight Frank’s 2021 Wealth Report edition. This is in comparison to [...]How Retail Investors Can Track Live Stock Market in Kenya
Stock Market Basics Investing in the stock market is considered one of the best ways to achieve high returns that outpaceinflationover time and other asset classes such as bonds, commodities [...]
Blind Cheque or Blind Faith: What Tidjane Thiam’s SPAC means for Emerging Markets
What do Shaquille O’Neal, a basketball legend, and Gary Cohn, former Goldman Sachs MD and Donald Trump’s advisor, have in common? Both have raised multimillion-dollar Special Purpose Acquisition Companies (SPACs). [...]
Centum's Real Estate Unit lists KSh 3 Bond
Centum Real Estate Limited has listed its KSh 3 Billion corporate bond at the Nairobi Securities Exchange(NSE).The listing gives buyers of the three-year bond a platform to trade the security [...]Kestrel Capital to fold its Investment Banking Activities
Kestrel Capital (East Africa) Limited has issued a notice to the Capital Markets Authority (CMA) concerning their intention to cease their investment banking activities. In a notice appearing in a [...]Weekly Deals Digest; Jan 13 Jan 19
In this edition of theweekly deals digest series, Ghanian fintech startup OZÉ led Africa with a $0.7 million seed fund to expand to Nigeria. India dominated the emerging markets space, [...]Renewed Interest in Kenya's Capital Markets as NSE shakes off pandemic woes
The Nairobi Securities Exchange (NSE) recorded a gain of KSh 320 Billion in Capitalization at the end of Q4, 2020. This is after the equities market took a plunge to [...]Some of the Best Sectors to Invest In
It doesn’t matter if you’re a beginner investor or a seasoned veteran, whenever you’re faced with the decision to invest in something, you’re probably a bit stumped. With so many [...]
