Latest posts
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KETRACO closes $311m privately financed power transmission deal
Kenya’s state-owned transmission utility KETRACO has secured $311m in private capital through a public-private partnership
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Airtel Money Integrates with Showmax to Simplify Subscription Payments
Airtel Money has integrated its mobile wallet with streaming platform Showmax, allowing customers to pay for subscriptions directly
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Bolt Kenya’s motorbike fleet now 40% electric
Bolt, the leading on-demand mobility platform, has announced that over 40% of its motorbike fleet in Kenya is now electric
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Asahi Group takes control of EABL after acquiring Diageo’s 54% stake for $2.3bn
Japanese brewing giant Asahi Group has acquired Diageo’s 54% stake in East African Breweries Limited (EABL), in UDV (Kenya) for $2.3 billion
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WIOCC raises $65m to accelerate Africa’s digital infrastructure expansion
WIOCC Group, one of Africa’s largest open-access digital infrastructure providers, has secured $65 million to expand its network
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Airtel Africa Taps SpaceX for Satellite Mobile Coverage
irtel Africa has partnered with SpaceX to deploy Starlink Direct-to-Cell satellite connectivity across its 14 African markets,
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Bamburi Cement signs KSh 32 bln deal to build clinker plant in Kenya
Bamburi Cement has signed a $250 million (about KSh 32 billion) engineering, procurement and construction (EPC)
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Safaricom’s green bond draws retail rush as firm takes KES20 bln from oversubscribed offer
Safaricom PLC on Tuesday listed its green bond on the Nairobi Securities Exchange, with individual investors dominating demand
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NCBA & HEVA Fund to offer credit solutions to artists
NCBA & HEVA Fund to offer credit solutions to artists. The creative economy contributes over 5.3% of Kenya’s GDP annually
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Safaricom gets $138 Million from Standard Bank for Ethiopia expansion
Standard Bank (Trading as Stanbic in Kenya), has provided $138 million in debt financing for Safaricom Telecommunications Ethiopia