Browsing: Kenya

By George  Orido  Kenya’s Treasury Minister Ukur Yatani has presented a USD 32 Billion amidst a depressed economy occasioned by…

The government of Kenya through Konza Technopolis Development Authority (KoTDA), has partnered with the Association of Countrywide Innovation Hubs, private…

Africa50 and Power Grid Corporation of India Limited (POWERGRID) signed a Cooperation Agreement to partner towards the development, finance, construction…

The African continent is the last economic frontier where inflation reigns without debate. Central banks in Morocco, Algeria, the CFA…

Insurance companies in Kenya saw their profits plummet to less than 61.5% in 2018 to reach $ 33 million, marking…

Prime Bank, Bank of Kenya reported net profit of 1.25 billion shillings (approximately $ 12.5 million) in the first half…

Kenya’s Ministry of Finance has cleared the National Industrial Credit Bank (NIC) and the Commercial Bank of Africa Limited (CBA)…

Investment bank Sterling Capital, based in Kenya, announces the acquisition of a 20% stake in private equity firm Afvest. The…

After a loan of $ 750 million received last week from the World Bank, Kenya is already planning to apply…

Cameroon’s Minister of Mines, Industry and Technological Development, Mr. Gabriel Dodo Ndoke has solicited the support of the Subregional Office…

The KCB Group, a banking leader in Kenya, plans to acquire a bank in Rwanda and another in the Democratic…

Officials of Credit Bank Ltd officially inaugurated this Friday, April 5, a new agency in Eldoret, a city located in…

Equity Bank, a Kenyan banking group, announced Tuesday, March 26, a pre-tax profit of 28.5 billion shillings, the equivalent of…

Faced with the press on March 6, 2019 in Nairobi, Joshua Oigara, the president of the Kenyan Bankers Association (KBA)…

Immediately following the tragic accident, Kenya’s Transport Minister James Macharia and Kenya Airport Authority (KAA) General Manager Jonny Andersen held…

Following nine months of negotiations, the Kenyan bank Sidian Bank has signed a capital injection of 1.2 billion Shillings (about…

The International Finance Corporation (IFC), a subsidiary of the World Bank Group, will provide $ 6 million in funding for…

IoT network will help provide insights on fish health to 30,000 fish-pond farmers in Kenya through new app Liquid Telecom…

Kenya Airways, the national airline of Kenya has proposed a private-initiative investment project (PIIP) for the concession for the operation…

The National Industrial Credit Bank (NIC) group and Commercial Bank of Africa have announced that they are in talks about…

Bank of Kigali does not intend to deploy full banking in Nairobi in the short and medium term, reports the…

The Central Bank of Kenya has offered dollars directly to banks on the foreign exchange market to support the weakened…

From the Africa Hotel Investment Forum (AHIF) in Nairobi, Kenya, Marriott International on first october announced rapid expansion plans across…

Announced for the end of this week, underwriting for 10-year-old Kenyan treasury bills is expected by analysts. At issue, a…

Stanbic Bank, the Kenyan subsidiary of the South African group Standard Bank, reported Friday a half-year profit after tax more…

Kenyan President Uhuru Kenyatta announced on July 18, 2018 in Nairobi that his country would double its stake in Africa…

Akinwumi Adesina, the president of the African Development Bank, is making an official visit to Kenya from 19 to 21…

Kenyan President Uhuru Kenyatta announced on Thursday that his country will double its stake in Africa50, the African venture capital…

President Uhuru Kenyatta of Kenya announced yesterday in Nairobi, that his country would double its shareholding in pan-African infrastructure investment…

In financial difficulty, Kenyan cementist ARM Cement has just won a decisive round in its fight for survival: the International…