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Kenya

Luxury Watches Overtake Classic Cars as Preferred Investment Among Kenya’s Wealthy

Luxury watches have emerged as the preferred collectible investment...

Kenya’s Emmanuel Wanyonyi Shatters 1,000m World Record in Monaco

Kenya’s Emmanuel Wanyonyi delivered a historic performance at the...

Dangote to Finance Proposed Kenya Refinery With Cash, Bonds and Planned IPO

Dangote Group plans to finance its proposed 700,000-barrel-per-day oil...

Safaricom Shareholders to Vote on Vodafone’s Right to Appoint Chief Executive

Shareholders of Safaricom Plc, Kenya’s largest telecommunications company, are...

World Bank Approves $750 Million Budget Support for Kenya

The World Bank has approved $750 million in budget...

Kenya, Rwanda Central Banks Launch Cross-Border Payment Access for Fintechs

The Central Bank of Kenya and the National Bank of Rwanda have signed a new agreement to enable cross-border payment access for fintech companies...

KCB Group Posts 11% Rise in 2025 Profit on Strong Interest Income

Kenya’s leading lender KCB Group reported an 11 percent increase in net profit for 2025, driven by strong growth in interest income and expansion...

Kenya to Channel Pipeline IPO Proceeds Into Expansion of Main Airport

The government of Kenya plans to allocate part of the proceeds from the initial public offering of Kenya Pipeline Company to support the expansion...

Kenya Pipeline IPO Oversubscribed at 105.7 Percent, Finance Minister Says

The initial public offering of Kenya Pipeline Company was oversubscribed by 105.7 percent, reflecting strong investor demand for the state-owned energy infrastructure firm, Kenya’s...

Kenya Floats Tender for New Airport to Relieve JKIA Capacity Pressure

Kenya has issued a tender for the construction of a new airport facility adjacent to Jomo Kenyatta International Airport (JKIA) as part of efforts...

Kenya Returns to Global Markets to Fund $500 Million Bond Buyback

The Kenya has announced a $500 million bond buyback, marking its return to international capital markets to manage external debt and improve its maturity profile,...
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