Tullow Oil has agreed to squeeze an additional 9 million dollars, roughly 1.16 billion shillings, out of its Kenya exit deal with Gulf Energy, trading away royalty rights and a stake in future ...
Across Africa, a quiet but powerful transformation is underway. Governments, regulators, and innovators have spent the past decade building the foundations of a more inclusive digital financial ...
Equity Bank has placed the luxury Glee Hotel under administration, escalating a debt battle that has run through Kenya’s courts since late 2025. The bank appointed Kamal Anantroy Bhatt of Anant Bhatt ...
The offer price was set using an earnings‑based valuation methodology anchored on an EV/EBITDA multiple of 8.1x, aligned with regional and global infrastructure peers. Post‑listing, KPC is expected to ...
Two Rivers International Finance and Innovation Centre (TRIFIC) plans to build a 22-storey Grade A office tower, underscoring strong demand for rental space within its Special Economic Zone (SEZ).
Electric mobility firm Roam Motors has launched Kenya’s first universal fast‑charging station for light electric vehicles (LEVs), branded Roam Point. The system delivers up to 20 kilometres of range ...
Despite the headline drop, households continue to feel the pinch of rising food costs. Staples such as Irish potatoes and cabbage recorded notable increases, while sukuma wiki (kale) rose by 2.4%. The ...
With shareholder undertakings rising to 77.54%, the bank frames the deal as a “control-and-scale” bet on Kenya’s regulation and growth, valuing NCBA at 1.4x book.
Kenya’s annual inflation rose to 4.4% in March 2026, up from 4.3% in February, as food costs continued to squeeze household budgets, the Kenya National Bureau of Statistics reported on Tuesday. The ...
Kenya’s private sector shrank for a third consecutive month in May as surging costs squeezed businesses and pushed customers to pull back on spending, a closely watched survey showed on Thursday. The ...
The MPC said the move reflects scope for further easing of monetary policy to stimulate private sector lending and support economic activity, while keeping inflation expectations anchored and the ...
Kenya’s annual consumer price inflation slowed to 4.4% in January 2026, down slightly from 4.5% in December 2025, according to the Kenya National Bureau of Statistics (KNBS). The decline marks the ...
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