DealStreet Africa Financial Services LATEST NEWS Pension fund NSSF raises stake in KCB Bank to 7.99% after buying more shares 14 hours ago KENYA – Pension fund National Social Security Fund (NSSF) has purchased an additional 8.55 million…
Govt. & Development Organisations Infrastructure, Construction & Real Estate LATEST NEWS Kenya to receive US$72.8m from UK for affordable housing scheme 2 days ago KENYA – Th United Kingdom has pledged US$72.8 million to Kenya to fund the construction…
DealStreet Africa Financial Services LATEST NEWS Mortgage financier HF Group secures US$9m capital boost from shareholder Britam to boost retail lending 2 days ago KENYA – Mortgage finance company Housing Finance has received US$9 million in new funding from…
LATEST NEWS Sustainability & Renewable Energy Lake Turkana Wind Power, Clir Renewables partner to enhance Africa’s largest wind farm with AI 3 days ago KENYA – Clir Renewables has announced a partnership agreement with Lake Turkana Wind Power (LTWP),…
Financial Services LATEST NEWS Kenya in fresh quest for US$626m debt service suspension 3 days ago KENYA – Kenya is in a new quest in its debt service relief request to…
Financial Services LATEST NEWS CDC Group, Trade and Development Bank sign US$100m short-term finance facility 4 days ago KENYA – CDC Group, the UK’s development finance institution and impact investor, has announced a…
Financial Services LATEST NEWS Co-operative Bank of Kenya secures US$75m loan from IFC for SME lending 4 days ago KENYA – International Finance Corporation (IFC), the private sector arm of the World Bank has…
Aviation, Transport & Logistics LATEST NEWS Kenya Airways opts for more cargo planes as passenger numbers dwindle 4 days ago KENYA – Kenyan national carrier Kenya Airways (KQ) is continuing to repurpose some of its…
Financial Services LATEST NEWS People Insurance group Britam picks Tavaziva Madzinga to replace long serving CEO Benson Wairegi 4 days ago KENYA – Insurance Group Britam Holdings has appointed Tavaziva Madzinga, a strategy expert, as its…
Financial Services LATEST NEWS Kenyan insurers feel the pinch as policy cancellations hit US$45.4m on Covid-19 5 days ago KENYA – Insurance policy cancellations and withdrawals in Kenya jumped by nearly a third in…
Financial Services LATEST NEWS Kenya’s diaspora remittances hit US$3.1b despite Covid-19 pandemic 7 days ago KENYA – Kenyans in diaspora sent home more than US$3.1 billion last year, according to…
Financial Services LATEST NEWS People Integrated Payment Services Ltd appoints Gituku Kirika as new CEO 7 days ago KENYA – Integrated Payment Services Limited (IPSL) has appointed Gituku Kirika as the new Chief Executive…
LATEST NEWS Sustainability & Renewable Energy Kenya receives US$14.5m grant from GMRF for geothermal project 1 week ago KENYA – The government of Kenya has signed for a US$14.5 million grant from the…
LATEST NEWS New Markets & Products Mysafe Global Vaults opens new office in Kenya 1 week ago KENYA – Dubai-based company safe deposit rental company MySafe Global Vaults, has established a subsidiary…
DealStreet Africa Financial Services LATEST NEWS Equity Bank receives US$50m from FMO for SME lending 1 week ago KENYA – Equity Bank Kenya has secured US$50 million from the Dutch Development Bank (FMO)…
LATEST NEWS Manufacturing & Retail New Markets & Products Turkish Aksa Power Generation opens new offices in Kenya and Sudan 1 week ago KENYA – Aksa Power Generation, Turkish company that designs, manufactures, distributes, sells, and services electrical…
Financial Services LATEST NEWS Central Bank of Kenya floats US456m infrastructure bond 2 weeks ago KENYA – The Central Bank of Kenya (CBK) is inviting bids for its US$456 million…
Govt. & Development Organisations LATEST NEWS Kenya granted six months debt repayment relief by the Paris Club 2 weeks ago KENYA – Kenya has been granted a 6-month debt repayment relief by developed economies also…
LATEST NEWS Start-ups Telecoms, ICT & Media Kenyan data analytics company Gro Intelligence raises US$85m Series B funding round 2 weeks ago KENYA – Kenyan-founded data analytics company Gro Intelligence has raised a US$85 million Series B…
Aviation, Transport & Logistics LATEST NEWS People Emirates appoints Christophe Leloup as Kenya country manager 2 weeks ago KENYA – United Arab Emirates airline and flag carrier Emirates Airline has announced the appointment…
Aviation, Transport & Logistics Infrastructure, Construction & Real Estate LATEST NEWS Jomo Kenyatta International Airport to get US$8.79m facelift of its key terminals 2 weeks ago KENYA – The Kenya Airports Authority (KAA) has announced the commencement of a one-year facelift…
