Kenya in Discussions to Acquire $2.5 billion Eurobond
Kenya is back in the international debt markets. According to a Reuters, the National Treasury is seeking a third Eurobond worth $2.5 billion. The treasury is yet to decide whether [...]
RideSafe to Pitch at the Africa Startup Summit
RideSafe, a Kenya startup, is among 10 other African firms selected to pitch at the Africa Startup Summit in Kigali next month. Key among the inaugural event’s agenda will include [...]
Family Bank Charged with Ksh64.5Mn Penalty for its Role in NYS
Family Bank will have to pay Ksh40 million to the court and Ksh24.5 million to the National Youth Service for failing to report unusual transactions in its accounts. Between 22 [...]Three Kenyan Startups to Participate in #Africa4Future Accelerator Program
Three Kenyan startups are among ten African firms chosen to participate in #Africa4Future accelerator program, which seeks to provide innovation guidance to aerospace startups. The structured accelerator program is sponsored by global [...]Kenya Suspends Shares Buy-back Regulation
Kenya has suspended a law on share-buy backs by listed companies. The law was incorporated in 2015 in the New Companies Act. At the time of incorporation, the law allowed [...]Deacons EA Needs at least Ksh450Mn to Stay Afloat Administrators
Deacons East Africa (under administration), whose counter was suspended from trading on the Nairobi Securities Exchange, needs about Ksh450 million to finance its short term recovery process Part of the [...]Kenyan Startups Invited for Ashoka-Boehringer Ingelheim Sponsored Accelerator Program
Kenyan startups have a chance to engage in a 11-month accelerator programme dubbed Making More Health, which was launched by Social entrepreneurship network Ashoka and pharmaceutical company Boehringer Ingelheim. Alongside [...]M-Tiba Receives $1.5Mn Funding to Expand its Healthcare Services
M-Tiba has received $1.5 million from French Development Agency (AFD) to facilitate its growing dependents and healthcare providers. The Safaricom-backed healthcare app will use the money to enable its platform [...]Kenyan startup Copia Raises $2Mn from Dutch Impact Investor
Copia, a Kenyan e-commerce startup, has raised $2 million from Dutch impact investor Goodwell Investments as it seeks to expand in Kenya and other emerging rural markets across Africa and [...]President Kenyatta Forms Four Committees to Oversee Big Four Agenda Delivery
President Uhuru Kenyatta has constituted a National Development Implementation and Communication Cabinet Committee that will oversee the delivery and oversight of national government development programmes and projects. The newly formed [...]Britam Asset Managers Invests Ksh1.4Bn in an Energy PE Fund
In a bid to diversify and grow its investment portfolio, Britam Asset Managers has announced its investment of Ksh1.4 billion into Everstrong Power Limited, a private equity firm that invests [...]
Kenya’s South Lokichar Basin by Tullow Oil among top 10 Developments that will Shape Africa’s Energy Sector in 2019
Kenya’s South Lokichar Basin by Tullow Oil, where Financial Investment Decision is expected before end of the year amidst rising tensions with the Turkana local community, has been named as [...]
