North Island Archives - Shore Africa

KCB eyes $54 million windfall from Prime Kenya land sale

KCB Group Plc, East Africa’s largest banking group by assets, is moving ahead with plans to raise about $54 million, or roughly Sh7 billion, from the sale of a long-disputed 2,000-acre parcel in Mavoko, Athi River. The land, tied to a past loan settlement, has become one of the bank’s most complex recovery cases in recent years. The lender is…

Oluwatosin Alao May 15, 2026

Business Hot News

Ghana approves final review of $3 billion IMF program amid economic reforms

Ghana completes final IMF review of $3bn program as reforms, gold exports and cedi gains drive economic stabilization.

Timilehin Adejumobi May 15, 2026

Business Hot News

Zambia’s ZCCM eyes bigger stakes in Africa’s copper mines

ZCCM seeks larger stakes in Zambia’s copper mines as Africa races to benefit from rising global demand for critical minerals.

Timilehin Adejumobi May 15, 2026

Billionaires Business Hot News

Nigerian oil tycoon Mohammed Indimi’s Jaiz Bank stake slips under $100 million

Jaiz Bank stake held by Mohammed Indimi falls below $100 million as shares drop 37% amid reporting delays and weak sentiment in Nigeria’s market

Feyisayo Ajayi May 15, 2026

Business Technology

South Africa’s Eskom, Swiss Firm launch next-generation battery project

South Africa is stepping up efforts to overhaul its power sector as state-owned utility Eskom joins forces with Swiss energy storage company Energy Vault to develop a large-scale gravity battery project aimed at cutting the country’s dependence on coal. The project will be built at Eskom’s Hendrina Power Station in Mpumalanga, a coal-fired plant that has supplied electricity to South…

Oluwatosin Alao May 15, 2026

Tag: North Island

This Seychelles private island hotel costs at least $7,900 a night

KCB eyes $54 million windfall from Prime Kenya land sale

Ghana approves final review of $3 billion IMF program amid economic reforms

Zambia’s ZCCM eyes bigger stakes in Africa’s copper mines

Nigerian oil tycoon Mohammed Indimi’s Jaiz Bank stake slips under $100 million

South Africa’s Eskom, Swiss Firm launch next-generation battery project

KCB eyes $54 million windfall from Prime Kenya land sale

Ghana approves final review of $3 billion IMF program amid economic reforms

Zambia’s ZCCM eyes bigger stakes in Africa’s copper mines

KCB eyes $54 million windfall from Prime Kenya land sale

Ghana approves final review of $3 billion IMF program amid economic reforms

Zambia’s ZCCM eyes bigger stakes in Africa’s copper mines

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