Kenya Buys Back KSh 81.2 Billion of 2028 Eurobond After Successful Dual Issuance
Kenya has announced the results of its tender offer for the US$1 billion (KSh 129.2 billion) Eurobond maturing in 2028, confirming it has accepted tenders worth US$628.44 million (KSh 81.2 [...]
Kenya Returns to International Markets with US$1.5 Billion Eurobond
Kenya has successfully raised US$ 1.5 billion through a dual-tranche Eurobond issuance, its second major liability management operation in under two years. The transaction is designed to proactively manage its [...]Emerging Markets Surge as Dollar Weakens, and Africa's Opportunity
Emerging markets are experiencing their strongest rally in more than 15 years, as global investors flock to developing economies in search of higher yields and undervalued assets. “After 15 years [...]
Kenya Pipeline Company Set for IPO by March 2026
Kenya’s Privatization Commission has announced the approval of the Kenya Pipeline Company Limited’s privatization through an Initial Public Offering on the Nairobi Securities Exchange, following endorsement by the Cabinet and [...]Car General Share Price Soars after 920% Profit Surge, First Dividend
Car General (Kenya) Plc shares rose to KSh 55, their highest level since April 2022, after the motor-dealer declared its first-ever interim dividend and posted a 920% surge in [...]Private-Sector Credit Grew to Record KSh 3.96 Trillion in September
Kenya’s private-sector credit stock rose to an all-time high of KSh 3.96 trillion in September 2025, marking a full recovery from the slowdown seen through 2024. The CBK attributed the [...]CBK Cuts Benchmark Rate to 9.25%
The Central Bank of Kenya (CBK) has lowered the Central Bank Rate (CBR) by 25 basis points to 9.25%, its lowest level since January 2023, marking an unprecedented eighth consecutive [...]Lebanese Contractor Seeks to Liquidate Oilfields Ltd in Kenya Pipeline Dispute
Zakhem International Construction Limited, a Lebanese-owned contractor behind Kenya Pipeline Company’s Mombasa–Nairobi multiproduct pipeline, has petitioned the High Court to liquidate its subcontractor Oilfields Engineering and Supplies Limited. The dispute [...]Kenya Power's Profit Dips 18%, Equity Crosses KSh 100Bn
Kenya Power’s net profit has dropped 18.7% to KSh 24.47 billion, while profit before tax fell KSh 35.38 billion from 43.67 billion, mainly due to the absence of one-off forex [...]Safaricom Ethiopia is Winning Users, Bleeding Cash, Says World Bank
The latest World Bank Ethiopia Telecom Market Assessment Report shows that Safaricom’s entry into Ethiopia has reshaped the country’s telecom market. For real time market updates and analysis, join our [...]Kenya Launches US$ 1Bn Buyback of 2028 Eurobond to Ease Debt Pressures
Kenya has opened a tender offer to repurchase its entire US$ 1.0Billion (KSh 129.3Billion) Eurobond due 2028, offering holders US$ 1,037.50 (KSh 134,090) per US$ 1,000 in principal plus accrued [...]Crown Paints Names Mustafa Turra Group CEO, Rakesh Rao Exits After 20 Years
Listed paint and coatings manufacturer Crown Paints Kenya Plc has appointed Mustafa Turra as its new Group Chief Executive Officer (CEO), succeeding Dr. Rakesh Rao who has held the role [...]
