Rihanna-Backed Fund Eyes Kenya’s Women Entrepreneurs in Climate Innovation Push
A climate-focused investment fund backed by Rihanna’s Clara Lionel Foundation is targeting women-led startups across Africa, with Kenya among its key focus markets. The Rihanna-backed fund deploys a range of [...]
Eaagads FY2025 Profit Jumps 147% on Stronger Prices, Higher Sales
Listed agricultural company Eaagads Limited has reported a 45.5% rise in revenue to KSh 277.3 million for the financial year ended 31 March 2025, marking its strongest topline performance in [...]
Kenya Sets New Electricity Demand Record as Grid Faces Rapid Growth
Kenya’s national electricity demand hit a historic peak of 2,362.28 MW on July 23, 2025, marking the highest level ever recorded on the national grid. The electrification rate, soaring from [...]Sugarcane Price Hike to Squeeze Millers' Margins Further
The government has increased the minimum price of sugarcane effective to Kshs. 5,750 per tonne, a Kshs. 250 increment from the previous Kshs. 5,500, which was set in the last hike just [...]Fitch Affirms Kenya at ‘B-’ With Stable Outlook as Debt and Fiscal Risks Persist
Fitch Ratings has affirmed Kenya’s long-term foreign-currency issuer default rating at ‘B-’ with a stable outlook, citing persistent fiscal and debt risks despite recent improvements in economic growth and external [...]CBK Launches Retail Bond System Tender Days After NSE Hits Record Turnover
The Central Bank of Kenya (CBK) has launched a high-stakes tender for its own retail bond system, a move that comes just as the Nairobi Securities Exchange (NSE) breaks new [...]Umeme Share Price Halves in 8 Days as Selloff Exposes Investor Risks
Umeme Limited share price has dropped more than 50% since the July 14, 2025 book closure for its record interim dividend. Concession Expiry and Dividend Shock This selloff coincides with [...]SBM Bank Kenya Rebounds with KSh 202mn Profit in H1 2025
SBM Bank Kenya Ltd recorded a KSh 202 million profit before tax for the half year ended June 2025, reversing a KSh 943 million loss in the same period in [...]Kenya Hit by 4.5 Billion Cyber Threats between April and June 2025
Kenya’s digital infrastructure is under unprecedented pressure. The Cyber Security Report Q4 2024-2025, released by the Communications Authority of Kenya (CA), reveals a fast-changing threat landscape. Ransomware attacks, driven by [...]Airtel Africa Profits Up 408% in Q1 as Customer Base Increases by 14 Million
Airtel Africa's Profit after tax soared by over 400% to US$156 million in Q1 2026, with revenues up 22% to US$1.42 billion, compared to the same period last year. Metric [...]BAT Kenya Doubles Dividends on Flat Revenue, Flags Impact of Counterfeits
British American Tobacco Kenya (BAT Kenya) has reported its half-year results for the period ended 30 June 2025, highlighting a sharp divergence between shrinking sales, rising profits, and an unprecedented [...]Kenya to Raise Minimum Capital for Betting Firms from KSh 250k to KSh 100mn
Kenya is preparing to impose a KSh 100 million capital requirement on online betting operators after the Senate approved the final version of the Gambling Control Bill, marking the end [...]
