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…