Tag: Kenya

Kenyan banker Nancy Njau, the CEO of Family Bank.
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Kenyan banker Nancy Njau takes Family Bank to Nairobi bourse with $1.8 billiin assets

Nancy Njau leads Family Bank to a Nairobi bourse listing with $1.8 billion in assets and surging profits following years of strategic capital growth.

Omokolade Ajayi Omokolade Ajayi
Ultra-modern hospital in Kenya showcasing advanced medical facilities and contemporary architecture.
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Kenya’s cancer care drive gets boost with $4.7 million specialist hospital in Nairobi

RVL Healthcare to build a $4.7 million specialist cancer hospital in Nairobi to expand advanced oncology care in Kenya.

Omokolade Ajayi Omokolade Ajayi
Mama Ngina Kenyatta
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Brookside Dairy, owned by Kenya’s Kenyatta family, pays farmers $2 million

Brookside Dairy pays farmers KSh255 million ($2 million) under an incentive program tied to milk quality and output improvement.

Omokolade Ajayi Omokolade Ajayi
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Kenyan firm Sasini calls off $61.1 million estate sale as buyer defaults

Kenyan agribusiness Sasini has canceled the $61.1 million sale of its Gulmarg coffee estate after the buyer defaulted on critical payment deadlines.

Omokolade Ajayi Omokolade Ajayi
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Pakistan drinks record Kenyan tea as Middle East conflicts disrupt global shipping

Pakistan imported a record 56.47 million kilograms of Kenyan tea in the first quarter of 2026.

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Ngugi Kiuna.
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Heineken seeks to block $1.8 million interest award in decade-long battle with Kenyan tycoon Ngugi Kiuna

Heineken appeals a $1.8 million interest ruling in its long-running Kenya dispute with tycoon Ngugi Kiuna’s Maxam Ltd.

Omokolade Ajayi Omokolade Ajayi
Kenya's President William Ruto.
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Kenya overtakes Nigeria as AfDB’s third-largest borrower amid debt push

Kenya overtakes Nigeria as AfDB’s third-largest borrower as disbursements rise to $338 million in 2025 amid growing debt pressures.

Omokolade Ajayi Omokolade Ajayi
I&M Group headquarters at 1 Park Avenue, Nairobi, Kenya.
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I&M Group reports $38.9 million Q1 2026 profit; assets rise to $5.73 billion

I&M Group reports $38.9 million Q1 2026 profit, with total assets rising to $5.73 billion on stronger lending and income growth across East Africa.

Omokolade Ajayi Omokolade Ajayi
Kenya Airways’ financial strain deepens after $65 million interest default.
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Kenya Airways’ financial strain deepens after $65 million interest default, $132 million loss

Kenya Airways defaults on $65.6 million interest payment as losses widen, liabilities rise, and operational pressures deepen despite government support.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
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Equity Group’s Q1 2026 profit jumps 24 percent to $150 million on regional growth

Equity Group Q1 2026 profit rises 24 percent to $150 million on strong regional banking and digital income growth across East Africa.

Omokolade Ajayi Omokolade Ajayi
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
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Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

Omokolade Ajayi Omokolade Ajayi
DTB executives during the opening of the DTB Kilimani branch in Nairobi.
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Kenya’s DTB reports strongest quarterly profit at $24.6 million in Q1 2026

DTB Group profit rises to $24.6 million in Q1 2026 as lending income grows despite higher loan-loss provisions and credit pressures.

Omokolade Ajayi Omokolade Ajayi