Japan’s largest bank to open new offices in Morocco and Kenya
Japan’s largest bank Mitsubishi UFJ Financial Group plans to open new offices in Morocco and Kenya to support the investments of Japanese companies in Africa, Bloomberg revealed earlier today, October [...]
Ethiopia is now a member of Africa Trade Insurance Agency
The African Trade Insurance Agency (ATI) has welcomed Ethiopia in its fold following a year-long process that was supported with funds from the African Development Bank. The move was announced [...]Kenya Govt 15 Year Infrastructure Bond Oversubscribed
The Kenyan Government has successfully raised Ksh 30.57 Billion after its first 15 Year infrastructure bond was subscribed by 116.96%. The Government said the money raised would be used to largely to [...]KenGen posts impressive Topline performance but Net Profit drops 41pc
KenGen the largest power producing company in Kenya announced its full year results for the period ending 30 June 2016. The following are the major highlights from their FY16 results: [...]IMF warns Kenya against over reliance on oil
The International Monetary Fund (IMF) has urged Kenya to minimize reliance on oil whether for fiscal purposes or for export as the country gears towards the Early Oil Pilot Scheme [...]Kenya Airways Stock hits new 2016 High
Kenya Airways shares ticked up +8.33% on Wednesday, reaching a new high for 2016 as the Airline confirmed that former Safaricom CEO Michael Joseph had been appointed as the new [...]NSE Kenya raises Sh 6Mn to support Wildlife
Nairobi Securities Exchange (NSE) has announced that it raised over Kshs.5.8 Million on Friday during its second annual charity trading day to bring the total amount raised over 2 years to Kshs. [...]China Starts Cooperation On Direct Currency Exchange With Kenya
Chinese Ambassador to Kenya Liu Xianfa has underscored the east African country's significance being its largest trading partner. Ambassador Liu who spoke Friday during a reception to mark the country's [...]Kenya Ranked Third on ease of access to credit in SSA
According to the latest report produced by the Oxford Economics in partnership with the Institute of Chartered Accountants in England and Wales (ICAEW), Kenya is ranked third among Sub-Saharan Africa's top three [...]Standard and Poors upgrades Kenyas Credit Rating to stable from negative
Global Credit ratings agency Standard Poor's (SP) has revised its outlook on Kenya to stable from negative noting that the country's economic growth performance and prospects remain strong with both fiscal and external [...]Kenya secures 2 year deal to lock out cheap sugar imports
Kenya has won a two-year extension of sugar import limits from a regional trade bloc to give it more time to overhaul its ailing sugar sector, a local daily newspaper [...]Centum appoints 4 Directors, including Former AFDB President Donald Kaberuka
Nairobi Securities Exchange listed investment firm, Centum has appointed four independent non-executive directors to its board including the immediate former African Development Bank President Dr Donald Kaberuka. Dr Donald Kaberuka is a [...]
