Dangote to Set Up Kenya Investment Vehicle Ahead of Refinery IPO
Aliko Dangote is setting up a Kenya investment vehicle ahead of his pan-African refinery IPO, offering African investors dollar returns and tradeable exit certificates. The World Bank Group has pledged full support. The refinery IPO targets a US$5bn raise at a valuation of up to US$50bn.
Kenya's Exports Lean On Africa, Europe Even As Trade Deficit Widens in 2025
The current account deficit widened to KSh 373.3 billion in 2025 from KSh 285.5 billion a year earlier, as import growth outpaced export gains and secondary income inflows weakened.
SASRA Flags Fragile SACCO Funding as Wealthy Few Hold KSh566 Billion Lifeline
The real weight of the system lies at the top, as the report reveals that the bulk of the deposit liabilities, over KSh 566.04 billionKenya Opens Bids for Key Link Roads in South Sudan Trade Corridor
The corridor is designed to carry trade between Kenya and South Sudan, offering a shorter route for goods moving inland from the port of MombasaDel Monte Kenya Tackles Land Disputes, Backs Sustainability
Del Monte Kenya Ltd. has published its 60-Year Impact Report, detailing over KSh 100 billion (US$800 million) in contribution to Kenya’s GDP and the support of nearly 20,000 jobs annuallyShri Krishna Overseas' Profit Tumbles 59% in First Full Year on NSE as Kisaju Costs Bite
Shri Krishana Overseas PLC posted a KSh 4.14 Mn profit for FY2025, down 59% from KSh 10.18 Mn, as tax-driven input cost increases compressed gross margin to 25% and Kisaju expansion debt pushed net borrowings to KSh 162 Mn. Revenue grew 13% to KSh 351 Mn.Equity Bank, Three Others Raise Loan Rates as Lending Average Hits 27-Month Low
Kenya's commercial banking sector closed the first quarter of 2026 with average lending rates at a 27-month low.Kenya's SACCO Bad Loans Stand at 8.39%, Well Below Double-Digit Peers
Kenya’s SACCO sector closed 2024 with KSh 845.11 billion in gross loans, up from KSh 758.57 billion a year earlier, while the industry’s non-performing loan (NPL) ratio held at 8.39%Court Declines Kilimani Residents' Bid to Halt High-Rise
Once a low-density suburb of standalone homes, Kilimani has rapidly transformed into one of Nairobi’s most contested high-rise zones, driven by rising housing demand, zoning shifts, and the economics of land useEast Africa's Most Valuable Banks Post Mixed Q1 Results as Tanzania Shilling Strength Bites
CRDB Bank and NMB Bank, East and Central Africa's most valuable listed lenders, posted divergent Q1 2026 profits. CRDB grew earnings 18.9% to TZS 206.20 billion while NMB rose 4.9% to TZS 193.09 billion, as funding costs surged and FX income contracted at both banks.Safaricom FY26 Preview: Analysts See Dividend Rise, Earnings Surge
Analysts forecast Safaricom FY26 EPS of KSh 2.14 and attributable net income of KSh 86.1 Bn, with M-Pesa revenue near KSh 190 Bn. A dividend increase from the three-year KSh 1.20 floor is widely expected, with estimates ranging KSh 1.50 to 1.84 per share.West African Designers Turn to Nairobi to Gauge East African Fashion Demand
West African fashion designers will test East African retail demand for their products in Nairobi this week at a curated showcase linked to the Africa Forward 2026 Summit.
