Tag: Kenya

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
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World Bank prepares $750 million loan to support Kenya’s fiscal reforms

The World Bank prepares a $750 million budget support loan for Kenya to ease debt pressures and drive fiscal reforms.

Omokolade Ajayi Omokolade Ajayi
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
Sasini Tea Estate in Kenya, where tea, avocado, and macadamia crops are cultivated and harvested.
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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