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Browsing: Kenya
Kenya-based venture capital firm Purple Elephant has secured $4.5 million in seed capital, making it one of Africa’s biggest rounds…...
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East Africa received the most funding from startup investors for the second year in a row, attributed to more investment…...
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Kenya’s economic growth slowed in the third quarter of last year from the same period in 2023, marking the lowest…...
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Kenya’s President William Ruto has nominated some of former head of state’s men in his recent cabinet reshuffle. Dr Ruto…
The World Bank has downgraded Kenya’s growth projection for the year to 4.7 percent, levels matching the pre-pandemic slowed rate…...
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John Mbadi’s first speech as Kenya’s Cabinet Secretary for National Treasury and Economic Planning was anchored on a raft of…...
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Kenya’s President William Ruto defended his administration’s record while delivering his second State of the Nation Address in Parliament on…...
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Only 962 of Kenyan government companies that were awarded tenders have revealed their ownership structure and beneficiaries, according to a…...
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Equity Group has reported a net profit of $304.2 million for the third quarter of the year, representing a growth…...
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Kenya has reneged on its proposed policy that required tourists entering the country to declare their mobile phones International Mobile…...
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Kenya’s largest telecommunications company, Safaricom Plc has acquired an insurance license ending a four year wait as part of its…...
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Kenya is set to receive $606 million from the International Monetary Fund (IMF) as part of the seventh and eighth…...
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Airtel Kenya has disclosed it secured an extension of its operating licence for two years from January in the newly…...
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Listed firm HF Group has received approval from Kenya’s Capital Markets Authority (CMA) to raise up to $46.5 million (Ksh6…...
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Stanchart Chartered Bank of Kenya and Kenya Commercial Bank (KCB) have the highest loan exposure in government entities as of…...
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Two days ago, a Kenyan High Court declared the Privatisation Act unconstitutional, a move that could sour the country’s relations…...
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Kenya’s external borrowing next year is projected to fall to $1.29 billion from $2.76 billion in the current financial year…...
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Kenya’s Treasury has cut its tax target for the next financial year by $2.59 billion amid public outrage that saw…...
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Kenya’s inflation rose slightly to 4.4 per cent in August from 4.3 per cent in the month before, attributed to…...
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Kenya’s cement manufacturer Savannah Clinker Limited has made a counter-offer against Tanzania’s Amsons Group to acquire Bamburi Cement Plc. The…...
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Global credit ratings agency S&P has downgraded Kenya to B minus from B, marking the third such demotion since June,…...
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Kenya’s competition watchdog has without condition approved the acquisition of Suntory Beverage and Food Kenya Limited’s entire ownership by Bidcoro…...
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Former President Uhuru Kenyatta’s dairy firm, Brookside Uganda, has accused the Kenyan government of bias in issuing milk import permits,…...
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Kenya’s Central Bank governor Kamau Thugge has been sermoned by the members of parliament over an undisclosed German firm that…...
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East African Breweries has posted a drop in after-tax profit to $129 million in the year ended June 2024, from…...
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Safaricom Plc, Kenya’s largest telecommunication and East Africa’s most profitable company reported a 17.5 per cent decline in share price…...
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President William Ruto has named the remaining batch of cabinetsecretaries (CSs) which has featured leaders from Raila Odinga, leader of…...
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Kenya’s banking sector posted an 8.8 per cent decrease inprofitability in 2023 from $1.83 billion (Ksh240.4 billion) in December 2022,…...
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President William Ruto has fired all cabinet secretaries and Kenya’s Attorney General Justin Muturi following weeks of anti-government protest. In…
American global rating agency Moody’s has downgraded Kenya’s credit standing from B3 to Caa1 after the withdrawal of the finance…...
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About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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