Kenya's Green Housing Projects Receive KSh 5.2 Billion from UK
The United Kingdom(UK) will pump £35 million (KSh 5.2 billion) to develop Kenya's affordable green housing projects. Britain will make these investments through UK Climate Investments and FSD Africa Investments. [...]
Acumen Secures $58 Million to Support Smallholder Farmers in Africa
The impact investment company, Acumen, has secured $58 million through its Acumen Resilient Agriculture Fund (ARAF). The funds will go to companies that support small scale farmers to adapt to [...]
Field Intelligence Health Tech Startup Expands in Kenya
Field Intelligence, a Nigerian-based health tech startup that is digitizing the supply chain and transforming access to essential, life-saving medicine, has expanded to Eldoret, Mombasa, Kisumu and Naivasha, with its [...]Co-operative Bank of Kenya to Hold Virtual AGM in August
Co-operative Bank of Kenya Limited has notified shareholders that it will hold the 13th Annual General Meeting(AGM), through virtual means on Friday, Aug 20th 2021, at 11.00 am. Top on [...]Centum Investment Makes Changes on its Leadership Team
Centum Investment Company has made some changes to its leadership team. The company has appointed Dr Laila Macharia as the new Vice-Chairperson of the board and Mr Andrew Musangi as [...]Prudential Plc to set up at Nairobi's International Financial Hub
Prudential Plc, one of the UK’s oldest underwriter brands, has applied to become one of the Nairobi International Financial Centre's anchor clients. Prudential, listed in London, Hong Kong, Singapore and [...]ILAM Fahari I-Reit Half-Year Profit Down 51% to KSh42.2 Million
ILAM Fahari I-Reit has posted a net profit of KSh42.2 million in the half-year period that ended on 30th June 2021, down from KSh86 million reported in the same period [...]CBK to Strengthen its Monetary Policy Tools
The Central Bank of Kenya(CBK) intends to modernize its monetary policy tools and operations in line with new economic and financial realities. According to a white paper that it has [...]Treasury to Raise KSh 60 Billion Through Sale of Re-opened Long-Term Bonds
The national treasury is seeking to raise KSh60 billion through the auction of reopened 10-year and 20-year bonds according to a prospectus issued by the Central Bank today. CBK said [...]Unga Group to Sell Ennsvalley Bakery to BigCold Kenya
Unga Group, one of the major food manufacturers in Kenya, has announced the planned sale of Ennsvalley's assets to BigCold Kenya. According to the NSE listed firm, Ennsvalley Bakery Limited [...]Cyber Attacks in Kenya rise 59% in Q2, 2021
Cyber Attacks in Kenya recorded a significant increase in the banking and financial sector in Q2 2021 compared to Q1, 2021, at 59%. This is according to the latest research [...]Centum Posts KSh1.37 Billion Full-Year Net Loss, Changes its Dividend Policy
The giant investment company Centum Investment reported a KSh1.37 billion full-year net loss for the period that ended on 31st March 2021, from a net profit of KSh4.6 billion in [...]
