Kenya
Breaking business news, investment opportunities, and market analysis from Kenya. Coverage of Nairobi, fintech, infrastructure, and East African trade.
Kenya sells 30-year bond for first time in 19 months
Kenya's CBK is auctioning a new 30-year Treasury bond on April 15 at 12.50% coupon, the first fresh long-tenor issuance…
Zenith Bank enters East Africa via Kenya acquisition
Nigeria's Zenith Bank completed the acquisition of Paramount Bank Kenya on April 7, becoming the fourth Nigerian lender in Kenya…
Kenya sells $1.6bn Safaricom stake to Vodacom
Kenya's parliament approved a $1.6bn sale of a 15% Safaricom stake to South Africa's Vodacom, raising Vodacom's control to 55%…
Diageo’s $2.3bn EABL sale clears Kenya court
A Kenyan court cleared Diageo's $2.3bn sale of East African Breweries to Japan's Asahi Group on April 10, dismissing a…
Newsletter
South Africa’s June 30 shutdown arrives
Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…