Tag: Kenya

Uganda-Kenya Coast Tourism Summit
TourismBusinessInvestments

Uganda and Kenya sign three deals to boost tourism, trade and investment  

Uganda-Kenya tourism deals aim to grow visitor numbers, trade and investment through three agreements signed in Mombasa in October.

Timilehin Adejumobi Timilehin Adejumobi
Kenya bets $3 billion on electric vehicles
BusinessTechnology

Kenya bets $3 billion on electric vehicles, local manufacturing and jobs

Kenya is investing $3 billion in electric vehicle manufacturing to create jobs, cut fuel imports and build a regional African auto hub.

Oluwatosin Alao Oluwatosin Alao
Safaricom Ziidi Shari'ah fund launch
BusinessFintechInvestments

Safaricom launches Ziidi Shari’ah Fund, giving Kenyans M-Pesa access

Safaricom and Gulfcap launch the Ziidi Shari’ah Fund, expanding digital investment access for Kenyan M-Pesa customers.

Timilehin Adejumobi Timilehin Adejumobi
Aliko Dangote, Africa's richest man and Dangote group President
BusinessBillionairesHot News

Aliko Dangote’s $16 billion Kenya refinery faces fresh legal challenge

Aliko Dangote’s $16 billion Kenya refinery faces legal scrutiny over public funding, state guarantees, and disputed coastal land in Lamu.

Omokolade Ajayi Omokolade Ajayi
Africa’s richest person Aliko Dangote
BusinessInvestments

Dangote unveils $16 billion refinery plan for Kenya’s growing oil market

Dangote is investing $16 billion in a Kenya refinery designed to reduce East Africa’s fuel imports, create jobs and serve regional markets.

Oluwatosin Alao Oluwatosin Alao
Kenyan executive Sarit Raja Shah
ExecutivesHot NewsMarkets

Kenyan executive Sarit Raja Shah’s I&M Group stake hits $25 million as shares double

Sarit Raja Shah’s I&M Group stake reaches $25 million after the lender’s shares double on the Nairobi Securities Exchange.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker Gideon Muriuki.
EntrepreneursHot NewsMarkets

Kenyan banker Gideon Muriuki’s stake nears $40 million as Co-op Bank shares surge

Co-op Bank CEO Gideon Muriuki has seen his 2.3 percent stake near $40 million as a 54.9 percent stock rally adds millions to his holdings in 2026.

Omokolade Ajayi Omokolade Ajayi
Kenya signs 5-year Stanford deal to expand AI and digital government
BusinessInvestments

Kenya signs 5-year Stanford deal to expand AI and digital government

Kenya signs a five-year Stanford agreement to expand AI, data analytics and digital tools for government decision-making and risk management.

Oluwatosin Alao Oluwatosin Alao
Kenyan banker James Mwangi
MarketsLatest

Kenyan banker James Mwangi’s Equity Group stake tops $100 million after rally

Kenya’s richest banker James Mwangi sees his Equity Group stake top $100 million as a 54 percent stock surge drives record Nairobi exchange gains.

Omokolade Ajayi Omokolade Ajayi
Vodacom
BusinessTechnology

Vodacom to appeal court ruling reversing $1.9 billion Safaricom deal  

Vodacom to appeal Safaricom ruling after a Kenyan court voided its $1.9 billion stake purchase in the telecom giant.

Timilehin Adejumobi Timilehin Adejumobi
Narendra Raval
BusinessHot News

Kenyan industrialist Narendra Raval’s National Cement seeks approval for 60MW wind farm

National Cement seeks approval for a 60MW wind farm in Kajiado as Narendra Raval’s Devki Group expands captive power capacity.

Feyisayo Ajayi Feyisayo Ajayi
Kenya's Twiga Foods
BusinessHot News

Kenya’s Twiga Foods falls into administration after raising $185 million

Kenya’s Twiga Foods enters administration after raising $185 million, following years of debt, losses and restructuring efforts.

Omokolade Ajayi Omokolade Ajayi