- Kenya Pipeline share price continues to rally after Dangote purchase
- Dangote buys 25% stake in Kenya Pipeline
- Equity Group half-year profits jump 32% to Sh45.5bn
- Absa Group falls short in bid to raise Absa Kenya stake
- Tata Chemicals Magadi seeks resumption of operations
- Standard Group secure exclusive EPL rights
Multichoice Kenya overhauls its DSTV packages in strategy shift
Multichoice Kenya has unveiled its new package lineup in a major overhaul of its Kenyan offering, as it shifts its strategy from premium subscriptions and price increases to making content available to a wider mass-market audience.
Kenafric sets up Sh13bn fund for African consumer startups
Kenafric Group has launched a $10 million venture fund to invest in early-stage African consumer businesses, offering between $100,000 and $2 million to companies seeking to expand beyond their initial markets
Spiro targets 5,000 women in Africa with e-mobility programme
Spiro and Entrepreneurial Solutions Partners (ESP) have launched a pilot programme in Rwanda targeting 500 women entrepreneurs, with plans to expand the initiative across Africa to reach 5,000 participants by 2030.
Miale Solar secures Sh705m loan for 9MW expansion
Miale Solar Inventions has secured a Sh705 million (€5 million) loan from Hivos-Triodos Fonds to finance 9MW of rooftop and ground-mounted solar installations in Kenya, targeting healthcare facilities.
Quickmart IPO draws two more cornerstone investors
RWC Asset Management and 337 Frontier Capital have applied for Quickmart IPO shares worth a combined Sh3.24 billion, joining MOBILIST and the IFC as cornerstone investors.
Spiro targets 5,000 women in Africa with e-mobility programme
Spiro and Entrepreneurial Solutions Partners (ESP) have launched a pilot programme in Rwanda targeting 500 women entrepreneurs, with plans to expand the initiative across Africa to reach 5,000 participants by 2030.
Miale Solar secures Sh705m loan for 9MW expansion
Miale Solar Inventions has secured a Sh705 million (€5 million) loan from Hivos-Triodos Fonds to finance 9MW of rooftop and ground-mounted solar installations in Kenya, targeting healthcare facilities.
Kenya private sector activity rises as sales rebound in July
Kenya's private sector returned to growth in July, with the Stanbic Bank PMI rising to 51.3 as stronger customer demand and hiring offset persistent inflation, high input costs and supply chain disruptions that continued to constrain output.
Inflation falls to 4.3% in February
Annual fall in February driven by lower energy and transport prices.
Quickmart IPO draws two more cornerstone investors
RWC Asset Management and 337 Frontier Capital have applied for Quickmart IPO shares worth a combined Sh3.24 billion, joining MOBILIST and the IFC as cornerstone investors.
UK Govt takes Sh1.94bn stake in Quickmart IPO
The UK government’s MOBILIST programme has subscribed for Sh1.94 billion to Quickmart’s IPO, joining the IFC, which has made a conditional commitment of up to Sh1.94 billion, ahead of the retailer’s planned NSE listing in November.
M-Kopa spends Sh1bn to buy device-locking company
M-Kopa Holdings Limited, which provides asset financing solutions across Kenya, Uganda, Ghana, Nigeria and South Africa, has acquired KilpiTek Oy for Sh1 billion ($8 million) to bring device-locking capability in-house.
Hemas Holdings completes acquisition of 75% stake in Twiga Stationers for Sh2.86bn
Sri Lanka's Hemas Holdings has completed the acquisition of a 75 percent stake in Twiga Stationers, the Kenyan manufacturer of the Kasuku and Crownbird stationery brands, in a deal valued at Sh2.86 billion ($22 million).
