Kenyan Entrepreneur Maurice Juma Joins Africa’s “Forty Under 40” Vanguard
Maurice Juma, co-founder and CEO of MediaPal, was recognized among Africa’s “Forty Under 40” an acknowledgment that places him within a select cohort of the continent’s youngest business leaders
Showmax Folds as Multichoice's New Owner Canal+ Abandons Bid to Rival Netflix
Evidence of this shift is already visible in a distribution partnership between Canal+ and Netflix in Francophone Africa, allowing Netflix subscriptions to be bundled inside Canal+ packages.Treasury Bill Auction Hits Record KSh 100Bn Demand
Kenya’s domestic debt market is seeing strong investor demand as liquidity flows into government securities. The latest Treasury bill auction drew KSh100.43 billion in bids against a KSh24 billion offer, the highest demand in recent records. Interest in government paper has also remained strong in the bond market, where FY2025/26 auctions to mid-February attracted KSh1.38 trillion in bids against KSh540 billion offered, highlighting sustained institutional appetite for Treasury securities.
ALP Industrial REIT Raises US$29.55Mn in Kenya’s First Logistics Property Listing
ALP Industrial REIT raised US$29.55 Mn (KSh 3.82 Bn) after investors subscribed 98.5% of a US$30 Mn restricted offer, positioning Kenya’s first logistics-focused REIT for listing on the Nairobi Securities Exchange on March 11, 2026. The offer attracted institutional backing, including a US$5 Mn commitment from InfraCo Africa for a pipeline asset, lifting total participation linked to the transaction to 115.17% of the offer size.Kenya Airways Appoints Board Members as It Scouts for CEO
Kenya Airways appointed Kiprono Kittony as chairman as economist David Ndii, corporate strategist Chris Diaz and finance scholar Winnie Nyamute join the airline’s board in a leadership overhaul. The appointments come as the loss-making carrier advances its turnaround strategy and searches for a strategic investor following a profit warning, aircraft groundings and the exit of former CEO Allan Kilavuka.Digital Trust is the New Currency for Africa's Small Businesses- Zoho Kenya Country Head
As AI capabilities become embedded in business software, SMEs face a choice about how they approach these powerful tools. The risks are not merely theoretical.
Kenyan Firms Step Up Hiring Despite Limited Growth-Stanbic PMI
Kenya's employment growth quickened in February compared to January, even as broader private sector momentum eased, according to the latest Stanbic Bank Kenya Purchasing Managers’ IndexIMF Mission Ends Kenya Visit With Call for Stronger Fiscal Discipline
An IMF staff mission led by Haimanot Teferra concluded a visit to Nairobi after discussions with the National Treasury and Central Bank of Kenya on fiscal policy and economic risks. The Fund urged stronger fiscal discipline, improved governance, and greater resilience to external shocks. Talks on a potential new IMF program continue ahead of the IMF–World Bank Spring Meetings, following the stalled completion of Kenya’s US$3.6 billion 2021–2025 program.Vodafone to Use Amazon Leo Satellites for Rural Coverage
Vodafone has signed an agreement with Amazon Leo, Amazon’s low Earth orbit satellite network, to connect remote 4G and 5G mobile masts across Europe and AfricaKenya Pipeline IPO Clears as Retail, Oil Marketers, and Foreign Demand Falls Short
Kenya Pipeline Company’s KSh106.3Bn IPO closed oversubscribed but the final allocation showed strong institutional dominance. Kenyan institutions and East African investors absorbed most of the shares, while retail investors, oil marketing companies and foreign investors missed their quotas. The offer attracted about 70,000 retail investors against a target of two million. Uganda, through the Uganda National Oil Company, and Kenya’s NSSF emerged as key anchor investors in the transaction.Indonesian Investor Pulls Out of Suswa Geothermal Project
Indonesia’s state-linked energy company, Pertamina, through its geothermal subsidiary PGEO, has withdrawn from the planned development of the Suswa geothermal field,Kenya's Meat Exporters Estimate KSh 1bn in Losses in First Days of Middle East Conflict
