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Kenya's Agriculture GDP Crosses KSh 4 Trillion in 2025 as Pandemic Spike Holds
Kenya's agriculture, forestry and fishing sector generated KSh 4.07 trillion in 2025, equivalent to 23.2% of GDP, its highest share since at least 2009, according to the Economic Survey 2026. The sector remains Kenya's largest, more than three times the size of financial services and manufacturing. Growth slowed to 3.1% from 4.4% in 2024, weighed down by an 8.0% decline in tea production and a 24.7% fall in cane deliveries. Fishing and aquaculture was the standout performer, expanding 16.5%.
Serena Hotels Profit Falls 40% as Forex Gains Fades
TPS Eastern Africa (NSE: TPSE) reported FY2025 PAT of KSh 787m, down 40% from KSh 1.32bn in 2024. The decline reflects a collapse in unrealised FX gains from KSh 655m to KSh 39m as the shilling stabilised. Revenue held at KSh 10.1bn; EBITDA fell 7% to KSh 2.27bn; dividend maintained at KSh 0.35.
Equity Group Eyes Angola, Zambia, Mozambique Acquisitions in Southern Africa Push
Equity Group Holdings is pursuing bank acquisitions in Angola, Zambia, and Mozambique, CEO James Mwangi told Reuters. The move follows record FY2025 profit of KSh75.50 billion and is anchored to the Lobito Corridor trade route. Equity targets 15 African countries by 2030, up from seven today
Matatu, Boda Boda Fare Shock Drives April Inflation
Kenyan households felt the sharpest edge of April’s inflation where it is least avoidable, the daily commute, as a surge in fuel costs cascaded through the transport system and into household budgets.
CBK To Hire Crypto Experts as Virtual Assets Law Takes Shape
The hires sit within the regulator’s Digital Payment Services Division and will anchor both the front-end licensing pipeline and the back-end supervisory regime for Virtual Asset Service Providers (VASPs).
Emirates Installs Starlink on A380 in World First as More Airlines Explore Satellite Internet
In-flight connectivity with low-Earth-orbit satellites has become the latest 'arms race' in aviation, with Starlink, Amazon Leo, and other players competing for contracts with major carriers.
Tullow Challenges KSh 23bn Tax Claim on Kenya Exit
Tullow Oil PLC has formally objected to a KSh 23 billion (US$170million) tax assessment by the Kenya Revenue Authority (KRA), setting up what could be a protracted dispute over the company’s exit from Kenya.
NSE Derivatives Open Interest Contracts Jump From 1 to 12,000 in a Year
NSE NEXT derivatives open interest surged from a single contract worth KSh 48,000 in Q1 2025 to 11,983 contracts valued at KSh 54.36 million in Q1 2026, CMA data shows. Q1 2026 turnover reached KSh 318 million, exceeding the full-year 2025 total of KSh 248.7 million, with February setting an all-time monthly record of KSh 140.9 million since NEXT launched in July 2019.
Artificial Intelligence is the Future of Capital Markets Research in Africa
The broader promise of Artificial Intelligence (AI) requires deliberate fine-tuning for African markets, not the assumption that what works in New York will work in Nairobi, Writes Ken Oidamae Tobiko.
NSE Local Individual Bond Traders Surge 298%
Local individual bond accounts at the NSE surged 297.6% to 3,010 in Q1 2026, breaking above a five-year ceiling, as full-year 2025 bond turnover hit a record KShs 2.71 trillion and February 2026 set an all-time monthly high of KShs 417.03 billion. The overall bond investor base rose 164.2% year-on-year to 3,640 accounts, NSE and CMA data shows.
OpenAI Targets Africa Growth as EAC Backs AI Fund, Sovereignty Drive
OpenAI will extend the reach of its AI models and tools across the continent, enabling wider adoption and real-world deployment of AI solutions while WildMango will handle distribution, integration and localization.