Tag: Kenya

Jabali Towers
LuxuryBusinessExclusive

Kenya’s newest skyscraper isn’t in Nairobi—and it’s already 80% sold

Kiambu is set to host Kenya’s tallest building outside Nairobi as Tatu City advances plans for the $55 million Jabali Towers.

Omokolade Ajayi Omokolade Ajayi
Standard Bank Office
BusinessHot News

Standard Bank targets East Africa after $1.61 billion first-half earnings

Standard Bank is targeting deeper growth in East Africa after reporting $1.61 billion in first-half earnings, as Absa and Nedbank expand in Kenya.

Omokolade Ajayi Omokolade Ajayi
Workers sorting avocados at Kakuzi Plc processing facility in Kenya
BusinessHot News

Kenya’s Kakuzi profit plunges 97.6% as avocado, macadamia sales weaken

Kakuzi Plc's half-year profit plunged 97.6 percent amid lower avocado volumes, weak macadamia prices, and shipping delays.

Omokolade Ajayi Omokolade Ajayi
Kenyan investment manager Christine Mwangi
BusinessHot News

Kenyan manager Christine Mwangi steers AgDevCo Ventures to $49 million first close

Christine Mwangi leads AgDevCo Ventures to a $49 million first close to fund early-stage agribusinesses across East Africa.

Omokolade Ajayi Omokolade Ajayi
DTB executives during the opening of the DTB Kilimani branch in Nairobi.
BusinessHot News

Kenya’s DTB posts $75.7 million half-year profit as loans, deposits grow

DTB posted a KSh9.8 billion ($75.7 million) H1 2026 pretax profit, up 37 percent amid strong regional digital banking growth.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

East Africa’s largest lender, Equity Group, sees first-half profit top $350 million

Equity Group’s first-half profit rose 32 percent to KSh45.5 billion ($352 million), driven by stronger lending and regional growth.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker John Gachora
Hot NewsBusiness

NCBA Bank takes control of Multiple Hauliers in $55.7 million debt dispute

NCBA Bank takes control of Multiple Hauliers in a KSh7.2 billion ($55.7 million) debt dispute as PwC administrators oversee the company.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker John Gachora
Hot NewsBusiness

Kenyan banker John Gachora leads NCBA Group to $95.8 million half-year profit

NCBA Group led by John Gachora reports a $95.8 million half-year profit as digital loans soar, lifting interim dividend payouts by 50 percent.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

Aliko Dangote to use $5 billion IPO to expand Lagos refinery, build Kenya plant

Aliko Dangote targets $5 billion from the Dangote Refinery IPO to expand capacity in Lagos and build a new $17 billion refinery in Kenya.

Omokolade Ajayi Omokolade Ajayi
Nairobi Securities Exchange
BusinessHot News

NSE tops KSh4 trillion for first time as investor wealth jumps $8.2 billion

Nairobi Securities Exchange surpasses KSh4 trillion as investor wealth rises $8.27 billion on strong gains in banks and Safaricom.

Omokolade Ajayi Omokolade Ajayi
Tanzania plans gas pipelines to supply Uganda, Kenya with natural gas
BusinessGlobal News

Tanzania plans gas pipelines to supply Uganda, Kenya with natural gas

Tanzania plans a natural gas pipeline to Uganda and Kenya, strengthening East Africa's energy security and expanding regional gas trade.

Oluwatosin Alao Oluwatosin Alao
Kenyan banker Gideon Muriuki
Hot NewsBillionairesBusiness

Co-op Bank becomes Kenya’s fourth-most valuable company with $1.6 billion market cap under Gideon Muriuki

Co-op Bank overtakes EABL as Kenya's fourth-most valuable listed company after record profits, rising shares, and steady growth under Gideon Muriuki.

Omokolade Ajayi Omokolade Ajayi