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 ...

Abdi Mohamed has stepped down as Chief Executive Officer and Managing Director of Absa Bank Kenya, ending a three-year stint that saw the lender post consistent profit growth and deepen its digital ...

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 ...

Kenyans burned more fuel in the first three months of 2026 than they did a year earlier, and they reached for LPG cylinders even more often than that. The numbers, released at the Petroleum Institute ...

Sidian Bank has now claimed awards at the Think Business Insurance Awards for three consecutive years, reinforcing its standing as one of Kenya’s most competitive bancassurance intermediaries. At the ...

Private equity firm Adenia Partners has taken majority control of Minet Group, acquiring the insurance brokerage and risk advisory firm from Capitalworks in a deal that closed on 30 June 2026 after ...

d.light has crossed Sh130 billion in cumulative purchasing capacity after African Frontier Capital closed a Sh6.5 billion public Green Bond, marking the first time the off-grid solar sector has raised ...

Four decades after Titus Kiondo Muya founded a small building society in Nairobi with a KSh 500,000 loan and a conviction that ordinary Kenyans deserved better access to credit, Family Bank Limited ...

One of Kenya’s most recognisable banking executives is moving across town. I&M Group has appointed Abdi Mohamed as Chief Executive Officer of I&M Bank Kenya, the group confirmed on 29 June 2026, ...

The Nairobi Securities Exchange has introduced Options on Single Stock Futures for six of its most traded companies, giving investors a new tool to manage risk and position themselves on future price ...

African electric mobility company Spiro has closed an additional $55 million investment from NewTrails Capital, a Chinese growth stage fund. The new commitment pushes Spiro’s latest funding round to ...

Absa Bank Kenya has signed a Memorandum of Understanding with Gen Z Connect by Executive Connect, pairing one of Kenya’s largest commercial banks with a fast growing youth network to put financial ...