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Mastercard Boosts Africa Acceptance Network by 45% in 2025, Accelerating the Continent’s Digital Economy
Mastercard has grown its acceptance network across Africa by 45 per cent in 2025 – a major milestone that brings millions more consumers and small businesses into the continent’s fast-expanding digital economy.
Afreximbank Breaks Ground on New US$250mn Headquarters, Trade Center, in Egypt's New Capital
The African Export-Import Bank (Afreximbank) held a groundbreaking ceremony for the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital
Why Green Investments Like Safaricom's New Bond Are Largely Tax-Free
Kenya is increasingly using tax incentives to accelerate green investments, with interest earned on qualifying green bonds often exempt from withholding tax. Safaricom’s latest green corporate bond demonstrates how issuers can leverage these incentives to offer higher net returns to investors while funding renewable-energy and sustainability projects.
AfDB's Partners to Replenish Fund with Record-Breaking US$ 11bn
The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured US $11 billion from 43 Partners
WPP Scangroup Issues Fourth Profit Warning in Five Years
WPP Scangroup has issued a profit warning saying group earnings for the year ending December 2025 will fall by at least 25% from 2024. Management cited weaker client spending, loss of a material account, lower interest income and restructuring costs above KSh 160 million. This marks a third consecutive profit warning and the fourth in five years. Recent results show unstable profitability, with profit after tax swinging back to a loss in 2024 after a brief recovery, underscoring persistent pressure on the group’s earnings base.
Retail Investors Take Center Stage as Safaricom’s Green Bond Lists on the NSE
Art as an Asset Class
Today, the global art market has matured into a multibillion-dollar industry attracting high-net-worth individuals, fund managers, and institutions.
Why a USD Agri-Industrial REIT Could Be Kenya’s Most Strategic New Asset Class
As investors search for USD income, real-asset protection, and measurable ESG impact, a new USD-denominated agri-industrial REIT anchored on food systems, storage, processing and logistics is emerging as a timely solution.
Airtel Africa, SpaceX Partner on Satellite-to-Cell Coverage
Diageo Sells EABL Majority Stake to Japan’s Asahi in KSh 297Bn Deal
Diageo agreed to sell its 65% stake in East African Breweries $EABL and its shareholding in Kenyan spirits firm UDVK to Japan’s Asahi. The deal implies an enterprise value of US$ 4.8Bn (KSh 620.8Bn) for EABL, based on 17x adjusted EBITDA. Diageo expects US$ 2.3Bn (KSh 297.5Bn) net proceeds and will retain brands via long-term licensing agreements.
Kenya Airways CEO Allan Kilavuka Exits a Month After Profit Warning
Kenya Airways said Group Managing Director and CEO Allan Kilavuka has exited and proceeded on terminal leave, about a month after the airline issued a profit warning. The board appointed Chief Operating Officer Captain George Kamal as acting CEO from 16 December 2025 and said a competitive search for a substantive chief will begin. The airline said its turnaround plan remains in place, including efforts to secure a strategic investor and stabilise earnings after a volatile recovery.