Uganda's Mobile Money Restrictions Push Users Into Kenya
Ugandans living in the eastern border district of Busia are crossing into neighboring Kenya to access cash due to the government-imposed restrictions.
Kenya Uses Bond Switch to Defer KSh 25bn Debt to 2037
Kenya rolled over KSh 25.17 billion in a January 2026 bond switch, extending domestic debt repayments to 2037 without raising new cash as refinancing pressure mounted.
The transaction, only the third bond switch on record, exchanged the August 2026 bond for longer-dated paper at an accepted yield of 13.17 percent and a premium price.
The deal supports Treasury’s strategy to lengthen maturities, smooth redemptions, and ease pressure on the primary market amid tight fiscal conditions.
Safaricom Defends Ethiopia Strategy as Share Sale Pricing Remains Sticky Point
Lawmakers and several stakeholders have questioned why the shares were not offered to the wider public, arguing that an open market process could have allowed Kenyans to participate
The African Impact Challenge Opens Applications for Kenyan Health Tech Startups
After Senegal’s Turbulent Triumph, East Africa Prepares for AFCON 2027
Senegal’s dramatic AFCON triumph was overshadowed by controversy, security concerns and accusations of unequal treatment, reigniting debates about fairness and trust in African football.
As East Africa prepares to host AFCON 2027 for the first time in decades, the lessons from Senegal’s experience highlight that success will depend not only on infrastructure, but on transparency, equity and credible tournament governance.
Hustler Fund, Credit Guarantees Face Repayment Test as Treasury Scales MSME Lending
The government’s plan to expand the Hustler Fund to KSh100 billion and unlock KSh50 billion in commercial bank lending through the Credit Guarantee Scheme (CGS) has brought renewed focus on the sustainability of state-backed MSME financing
Kenya Pipeline's KSh 106.3Bn Privatization to Support National Budget
The Kenyan government plans to raise KSh 106.3 billion from the sale of a 65% stake in Kenya Pipeline Company, positioning the IPO as a key source of non-debt financing for the FY2025/26 budget.
The proceeds will accrue to the National Treasury as Kenya faces a projected budget deficit of about KSh 923 billion, delayed IMF support, and rising borrowing needs.
The transaction forms part of a broader shift toward asset sales to support development spending while containing debt growth.
EU-Backed US$4.3Mn Program Targets Kenya’s Smallholder Farms
Kenya is set to benefit from a US$4.3 million grant from the European Union (EU) aimed at bolstering agricultural productivity
Bamburi Cement's Former Owner LafargeHolcim EA Moves Closer to Liquidation
LafargeHolcim East Africa Limited is set to hold its final members’ meeting later this month as the company moves to formally conclude its voluntary liquidation
Kenya Pipeline IPO Prices At KSh 9 per Share, Valuing State Fuel Transporter At KSh 163.6 Billion
Kenya Pipeline Company has priced its IPO at KSh 9.00 per share, implying an equity valuation of about KSh 163.6 billion ahead of its planned NSE listing in March.
The pricing is anchored on an earnings-based approach, using an implied EV/EBITDA multiple of 8.1x applied to FY2025 EBITDA of KSh 18.59 billion, translating to an enterprise value of about KSh 150.6 billion.
The government is selling a 65% stake, with gross proceeds of roughly KSh 106.3 billion accruing to the National Treasury
Equity Bank Faces Litigation Threat as South Sudan Cash Runs Dry
Equity Bank’s Juba branch is facing a formal legal threat over its inability to release cash to a customer, a dispute that exemplifies South Sudan’s deepening liquidity crisis
Liberty Kenya Issues Profit Warning, Citing Claims Pressure And Investment Income Decline
Liberty Kenya Holdings Plc warned on Monday, January 19, 2026, that profit after tax for the year ended December 31, 2025, will fall by at least 25 percent from 2024 levels.
The insurer cited weaker investment income, higher claims experience and an accounting loss from the disposal of its Heritage Insurance Tanzania stake.
Liberty Kenya reported profit after tax of KSh 1.40 billion in 2024. Shares were unchanged at KSh 10.30 in early trading.
Money, the Middle-Income Trap and Building Wealth | The Kenyan Wallstreet