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Kenya’s President William Ruto has cancelled with immediate effect any deals his government had with Adani Group following the indictment…...
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Ecobank Transnational Incorporated (ETI), has issued a $400 million Eurobond on the London Stock Exchange (LSE) main market that will…...
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The African Export-Import Bank (Afreximbank) has successfully raised $523 million (JP¥81.3 billion) in its debut issue of a Samurai bond.…...
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Abdirahman Mohamed Abdillahi has won the presidential polls of Somaliland, a breakaway region of Somalia, according to the provisional results.…...
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Only 962 of Kenyan government companies that were awarded tenders have revealed their ownership structure and beneficiaries, according to a…...
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Four new funds created by licensed asset management companies have received approval from Kenya’s Capital Markets Authority (CMA) on Thursday…...
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Equity Group has reported a net profit of $304.2 million for the third quarter of the year, representing a growth…...
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United States ambassador to Kenya Meg Whitman has resigned days after Donald Trump won the elections in a strong comeback…...
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Ecobank Transnational Incorporated (ETI) has partnered with Nium, a Singapore-headquartered cross- border payments company for seamless cross border payments across…...
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Kenya’s largest telecommunications company, Safaricom Plc has acquired an insurance license ending a four year wait as part of its…...
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Telkom Kenya lost more than one million customers in the one year period to June 2024, new industry data shows,…...
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Professor Abraham Kithure Kindiki has been sworn in as the thirteenth (13th) Deputy President of the Republic of Kenya following…...
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Kenya is set to receive $606 million from the International Monetary Fund (IMF) as part of the seventh and eighth…...
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Airtel Kenya has disclosed it secured an extension of its operating licence for two years from January in the newly…...
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Listed firm HF Group has received approval from Kenya’s Capital Markets Authority (CMA) to raise up to $46.5 million (Ksh6…...
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Savannah Clinker has increased its proposed price for takeover of listed cement manufacturer Bamburi by 9.3 percent from $0.54 (Ksh70)…...
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Nigeria’s federal government has withdrawn money laundering charges against detained Binance executive Tigran Gambaryan on medical grounds. The charges were…...
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Various humanitarian bodies including Amnesty International and the United Nation’s refugee arm have expressed deep concern and alarm over the…...
East African investors have been locked out of the initial public offering (IPO) of the Ethiopia’s state owned telecommunications company. …...
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Kenya’s National Assembly speaker Moses Wetangula has gazetted Prof Kithure Kindiki, the Cabinet Secretary for Interior and Administration of National…...
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Kenya’s parliament has summoned former late President Daniel Moi’s son and former Baringo senator Gideon Moi for hoping in trust…...
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Ethiopian commercial banks will be required to disclose to customers all fees and commissions relating to forex transactions effective immediately,…...
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The Central Bank of Kenya (CBK) has cleared America’s largest bank, JP Morgan Chase and Co. to set up a…...
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The Ugandan government has signed a $3 billion contract with a Turkish company for the construction of a section of…...
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Eritrea, Egypt and Somalia have teamed up in a tripartite agreement to strengthen the latter’s army efforts against terrorism in…...
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Safaricom’s Mpesa and Airtel’s paybill and till numbers used by millions of Kenyans to make daily transactions across the country…...
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The Central Bank of Kenya (CBK) slashed the key lending rate by the largest margin since the onset of the…...
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Stanchart Chartered Bank of Kenya and Kenya Commercial Bank (KCB) have the highest loan exposure in government entities as of…...
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Kenya is losing its attractiveness as a desirable export market in the East African Community on tariffs and trade wars. …...
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Kenya’s listed telecommunications company Safaricom Plc spent less in the year ended March 2024 on its expatriate staff by 17.7…...
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About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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