- Kenya’s largest telco Safaricom loses $978.7 million on protests
- Indian Firm proposes $1.85 billion investment to upgrade JKIA
- Kenya: president Ruto names new cabinet
- The AfCFTA Secretariat and AFRICA24 Media Group sign historic Memorandum of Understanding to boost Continental Free TradeArea and media collaboration
- Kenyan former ministers and principal secretaries implicated in $108.9 million Israeli road tender
- South Africa leaves key interest rate steady at 8.25%
- Kenya’s banking sector profit falls 8.8 percent to $1.7 billion on high expenses
- Jubilee Health launches first children’s cover in Uganda
Browsing: Kenya
Safaricom Plc, Kenya’s largest telecommunication and East Africa’s most profitable company reported a 17.5 per cent decline in share price…...
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President William Ruto has named the remaining batch of cabinetsecretaries (CSs) which has featured leaders from Raila Odinga, leader of…...
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Kenya’s banking sector posted an 8.8 per cent decrease inprofitability in 2023 from $1.83 billion (Ksh240.4 billion) in December 2022,…...
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President William Ruto has fired all cabinet secretaries and Kenya’s Attorney General Justin Muturi following weeks of anti-government protest. In…
American global rating agency Moody’s has downgraded Kenya’s credit standing from B3 to Caa1 after the withdrawal of the finance…...
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The Public Service has turned down the Salaries and Remuneration Commission’s (SRC) offer of a pay rise for state officials.…...
The International Monetary Fund (IMF) has raised concerns over the ongoing demonstration in Kenya against the finance bill. In a…...
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Nairobi, 5 September 2023. CYNK, Africa’s first verifiable emissions reduction platform, has announced a landmark carbon forwards trade of over…
African Export-Import Bank (“Afreximbank” or the “Bank”) on 2 May 2023 in Nairobi signed a US$3 Billion Country Programme with…
The Central Bank of Kenya (CBK) launched this Wednesday, February 23, the National Payments Strategy at an event that brought…
The South African bank Standard Bank Group Limited plans to buy additional shares in its Kenyan subsidiary Stanbic Holdings, through…
LOLC Holdings Plc, a Sri Lankan holding company, will acquire nearly 73.2% of the shares of Key Microfinance Bank Plc,…
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), and the Kenyan bank SBM Bank have granted financing of…
Africa50, an infrastructure investment platform in Africa and Power Grid Corporation of India, an Indian state-owned power generation company, signed…
Kenya mortgage finance specialist HF Group has released its financial results for the third quarter ended September 30, 2021. It…
Kenyan banking group KCB has announced its intention to acquire, next year, a 24% stake held by minority investors in…
Co-operative Bank of Kenya posted net profit up 18.9 percent to 12 billion shillings (107 million USD) in the first…
Safaricom achieved net profit up 12.1% to 37.05 billion shillings (332 million USD) in the first nine months of the…
Equity Bank Kenya Limited announced on Monday (November 8th) its intention to buy Britam’s stake in HF Group, a mortgage…
Centum Investment Group announced at the end of last week that it is in negotiations to acquire three companies based…
The Co-operative Bank’s net profit was 7.4 billion shillings (68 million USD) in the first half of 2021, an increase…
Equitel, a mobile network operator in Kenya, rolled out its fourth generation (4G) network on August 12, 2021. This initiative…
CIC Insurance Group Plc, a Kenyan insurance group, recently published its financial results for the first half of 2021. After…
After a recession in 2020, the first for 25 years, Africa is expected to register 3.2% growth in 2021. British…
Shelter-Afrique received US $ 9.2 million (KES 1 billion) from the Government of Kenya as additional capital subscription, solidifying the…
Kingdom Bank announced on Thursday (June 10th) that it expects to post a pre-tax profit of at least 300 million…
Kenya Airways (KQ) announced Tuesday, June 8, that it had chosen a British consulting firm, Steer Group, to develop its…
Telecom operator Safaricom said on Monday (June 7) that it plans to write off a debt of 1.5 billion shillings…
NAIROBI, Kenya, 1 June 2021 – Adenia Partners, a private equity firm investing in Africa, today announced it has completed the…
KCB Group Plc announced on May 26, 2021 that it recorded 1.8% profit growth for the first three months of…
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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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