Weekly Deals Digest Dec 9th 15th
In this week's deals digest, InfraCredit led Africa with a Series B investment of $27 million from Infraco Africa. Bitso led emerging markets with a $62 million investment while China's [...]
UK to Host Africa Investment Summit Next Month
UK-based and African-based businesses will hold a virtual meeting on 20th January 2021 to discuss business and investment opportunities for investors in the two regions. This will be the second [...]
Markets Regulator to Cut Dominance of Foreigners, Big Firms at NSE
The Capital Markets Authority (CMA) has formed a team to address foreign investors' dominance at the Nairobi Securities Exchange (NSE) while it is also keen to address the concentration of [...]
NSE turnover rises 657% to KSh 659.7 Million
Nairobi Securities Exchange (NSE) posted an increase of 657% in turnover to KSh 659.7 Million when trading at the bourse ended today, 8th December 2020. This level is compared to [...]CBK's Treasury Bill Auction Raises KSh 9.9 Billion
The Central Bank of Kenya( CBK) Weekly Treasury Bills auction raised KSh 9.9 Billion out of the KSh 24 Billion that was on offer, a 45.5% performance rate. This subdued [...]Centum Real Estate's KSh 4 Billion Bond Wins CMA's Approval
The Capital Markets Authority has given the approval for Centum Real Estate to issue a KSh 4 Billion bond to finance ongoing housing projects in Kenya. Centum Re, a subsidiary [...]Turnover at NSE up 10% to KSh 780.9 Million
Turnover at the Nairobi Securities Exchange(NSE) rose by 10% to settle at KSh 780.85 Million when trading at the bourse closed on Wednesday, December 2nd, 2020. This is on a [...]Weekly Deals Digest Nov 18 Nov 24
Consumer startups and companies led this issue of the weekly deals digest, with players like Nigeria's Autochek raking in $3.4 million in funding in Africa while India's CARS24 led emerging [...]DOB Equity Invests in Victory Farms, East Africa's Largest Fish Farmer
Private Equity Firm DOB Equity has invested in Victory Farms to expand its reach in the Kenyan market and ramp up production capacity. The investment allows DOB equity to tap [...]CMA Confirms SIB's Money Manager License
The Capital Markets Authority (CMA) has issued a statement confirming that Standard Investment Bank (SIB) is licensed to operate as a money manager in Kenya, following false claims that SIB's [...]Weekly Deals Digest Nov 4th Nov 10th
In this week's deals digest, Fintech led investments in Africa with Kuda's $10 million investment. In emerging markets, Reliance Retail led the region following a $1.3 billion into the retailer [...]CBK Raises KSh 29.7 Billion from Weekly T-Bills Auction, 126.6% Subscription Rate
The Central Bank of Kenya(CBK) accepted bids worth KSh 29.66 Billion from the weekly Treasury Bills auction that was held on Thursday 12th November 2020. This is against bids worth [...]
