CMA Admits Acorn to its Regulatory Sandbox
The Capital Markets Authority(CMA) has admitted Acorn Investment Management Limited to the regulatory sandbox for one year. CMA REGULATORY SANDBOX This platform by CMA allows for live testing of innovations [...]
Shelter Afrique Admits FSA as its 47th Shareholder
Shelter Afrique, with its headquarters in Nairobi, has got Niamey-based Fonds de Solidarite Africain (FSA) to become the 47th Shareholder of paying a US$ 2 Million capital subscription fee. FSA [...]Shelter Afrique to Seek US$ 1.25 Billion Through Bond Issuance
Shelter Afrique plans to return to the market to raise US $1.25 Billion in local-currency bonds by the end of 2021. This happens as the Nairobi-based Pan-African Mortgage Financier emerges [...]Why land is one the best investment you will ever make
In Kenya, one cannot talk about investment without the thought of purchasing land crossing your mind. This is majorly because everyone needs a space they can call their own. The [...]
Things to Consider when Building or Buying a Home
There are many factors to consider when buying or building a house to call it home. Everyone has their own opinions when making a home out of a structure. Despite [...]Home Afrika Cuts Net Losses by 62% to KSh 340.3 Million
Home Afrika Group reported a 62% decrease in Loss After Tax of KSh 340.3 Million for the period ended 31st December in 2020, down from a Net Loss of KSh [...]Acorn Holdings' REITs Post a Profit 5 Months After Launch
Acorn Holdings' Income and Development Real Estate Investment Trusts (REITs) reported a profit five months after launching in Kenya. The Income REIT posted a KSh141 million net profit for the [...]
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. [...]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 [...]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 [...]Acorn Green Bond raises KSh 2.096 Billion, 146% Oversubscription
Acorn Green Medium-Term-Note (MTN) programme has closed the final tranche with the issuer raising KSh 2.1 Billion against a target of KSh 1.4 Billion, representing a performance rate of 146%. [...]IFC Invests $1.2 Million in Tanzania's Corporate Bond
The International Finance Corporation (IFC), the private sector investment arm of the World Bank, on Thursday ploughed in $1.2 million (KSh129.8 million) in a five-year corporate bond issued by the [...]
