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
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…