Tag: Kenya

Tanzania plans gas pipelines to supply Uganda, Kenya with natural gas
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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
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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
Yas, the pan-African telecommunications brand created by AXIAN Telecom.
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Yas raises up to $308 million EBRD loan to expand infrastructure in Kenya, Senegal

AXIAN Telecom’s Yas secures a $308 million EBRD loan to expand 4G, 5G, and fiber infrastructure across Kenya and Senegal.

Omokolade Ajayi Omokolade Ajayi
Luxury safari lodges in the Maasai Mara
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Kenyan herders, activists sue to halt Maasai Mara resort boom

Activists and Maasai herders file a lawsuit to halt luxury resort expansion in Kenya, warning unregulated safari lodges threaten the Great Migration.

Omokolade Ajayi Omokolade Ajayi
Sasini Tea Estate in Kenya, where tea, avocado, and macadamia crops are cultivated and harvested.
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Kenya eyes $8.3 billion agricultural plan to boost growth, slash food imports

Kenya launches a $8.3 billion agricultural plan, targeting private investors to fund a five-year overhaul to slash food imports and boost growth.

Omokolade Ajayi Omokolade Ajayi
Equity Bank Kenya HQ
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South African, Nigerian banks rush to Kenya but face fierce pushback from local giants

South African and Nigerian banks face a tough battle as they deploy major capital to break into Kenya’s $2 billion banking sector.

Omokolade Ajayi Omokolade Ajayi
Mama Ngina Kenyatta
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After $2 million farmer payout, Brookside Dairy, owned by Kenya’s Kenyatta family, woos hoteliers

Kenya's largest milk processor Brookside Dairy targets the hospitality sector following a $2 million payout to local farmers.

Omokolade Ajayi Omokolade Ajayi
Titus Muya, the founder of Family Bank.
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Family Bank founder Titus Muya, allies gain $37 million as stock jumps 44% in NSE debut

Family Bank founder Titus Muya and allies gain $36.6 million as the lender’s shares jump 44 percent in their NSE market debut.

Omokolade Ajayi Omokolade Ajayi
Nairobi’s Le’Mac Tower
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Parts of Nairobi’s $41.5 million Le’Mac Tower set for auction

Part of Nairobi’s Le’ Mac Tower valued at $41.5 million goes to auction after developer enters administration over unpaid debts in Westlands.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker James Mwangi
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Kenyan banking chief James Mwangi gains $12.1 million from Equity Group rally

James Mwangi’s Equity Group stake rises $12.1 million as shares climb 18.3 percent on Nairobi Securities Exchange amid strong earnings growth.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker Rasik Kantaria
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Kenyan banker Rasik Kantaria to get $4.9 million dividend from Mauritius-based lender FMBcapital

Rasik Kantaria secures a $4.9 million dividend as regional lender FMBcapital reports record profits of $152.2 million.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker Nancy Njau.
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Investors eye gains as Kenyan banker Nancy Njau leads Family Bank to $230 million listing

Nancy Njau leads Family Bank toward a $230 million NSE listing, delivering gains to investors and marking a new milestone for the Kenyan lender.

Omokolade Ajayi Omokolade Ajayi