Castellana Archives - Shore Africa

Workers sorting avocados at Kakuzi Plc processing facility in Kenya

Kenya’s Kakuzi returns to profit, doubles dividend on $26.6 million avocado sales

Kakuzi Plc, the Nairobi-based agricultural firm partly owned by Kenyan businessman John Kibunga Kimani, returned to profit in 2025 after a loss a year earlier, supported by stronger avocado sales, lower costs, and stable income from forestry, livestock, and blueberries. The recovery led the company to double its dividend, signaling renewed operational confidence. Dividend doubles after profit recovery The leading…

Omokolade Ajayi March 26, 2026

Business Hot News

Botswana’s Choppies sees half-year profit fall to $5.6 million as retail pressures mount

Choppies profit falls 33% to $5.6 million as rising costs pressure margins despite steady revenue growth and expansion.

Feyisayo Ajayi March 26, 2026

Business Hot News

Uganda Airlines secures $113 million for fleet expansion as Kenya Airways seeks $2 billion rescue

Uganda Airlines secures $113 million to expand its fleet as Kenya Airways seeks $2 billion from investors to stabilize operations.

Omokolade Ajayi March 25, 2026

Business Hot News

IFC partners Cashi to expand digital payments in Chad’s low-connectivity markets

IFC partners Cashi to expand digital payments in Chad, targeting low-connectivity markets and boosting financial inclusion.

Feyisayo Ajayi March 25, 2026

Air access lifts Victoria Falls tourism, boosts regional travel demand

Business Tourism

Upgraded access boosts tourism outlook at Victoria Falls

Improved air access is lifting Zimbabwe’s tourism outlook, with Victoria Falls drawing renewed interest as a gateway for travel across Southern Africa. Operators say easier connections are already supporting bookings as more visitors plan trips that combine several destinations in one journey. The planned return of a direct Harare–London route is expected to deepen that recovery. The link would reconnect…

Oluwatosin Alao March 25, 2026

Tag: Castellana

South African shopping mall giant Vukile buys Berceo mall in northern Spain

Kenya’s Kakuzi returns to profit, doubles dividend on $26.6 million avocado sales

Botswana’s Choppies sees half-year profit fall to $5.6 million as retail pressures mount

Uganda Airlines secures $113 million for fleet expansion as Kenya Airways seeks $2 billion rescue

IFC partners Cashi to expand digital payments in Chad’s low-connectivity markets

Upgraded access boosts tourism outlook at Victoria Falls

Kenya’s Kakuzi returns to profit, doubles dividend on $26.6 million avocado sales

Botswana’s Choppies sees half-year profit fall to $5.6 million as retail pressures mount

Uganda Airlines secures $113 million for fleet expansion as Kenya Airways seeks $2 billion rescue

Kenya’s Kakuzi returns to profit, doubles dividend on $26.6 million avocado sales

Botswana’s Choppies sees half-year profit fall to $5.6 million as retail pressures mount

Uganda Airlines secures $113 million for fleet expansion as Kenya Airways seeks $2 billion rescue

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