Latest News Kenya
Bank
09/12/2020 at 16h45, by Pierre-Olivier Rouaud
Lawrence Kimathi’s secret to maintaining a high liquidity ratio at Kenya Commercial Bank
Jeune Afrique Business+ spoke with the group’s CFO to bring you the inside story.
Telecoms
29/10/2020 at 17h37, by Tarik Bargal
American Tower pays off debts incurred for antenna acquisition in Kenya
Almost half of the amounts raised to finance the transaction with Telkom have already been repaid.
Agri-food industry
22/10/2020 at 12h55, by Valentin Grille
Twiga Foods strengthens its finances with renewed support from the IFC ($15m)
The Nairobi-based start-up has secured a risk sharing arrangement with the international agency, which...
Construction & Infrastructure
09/10/2020 at 12h57, by Valentin Grille
AFD appoints BRL Ingénierie, COWI and Seureca (Veolia) to Lake Victoria sanitation project (€70m)
At the beginning of the month, the French development agency signed a cheque for €20m, supplemented...
Agri-food industry
29/09/2020 at 15h50, by Pierre-Olivier Rouaud
Baker & McKenzie and Anjarwalla & Khanna advise Proparco on Kenya Nut transaction
In August, the French lender granted an $18.7m loan to the cashew and macadamia specialist.
Health
16/09/2020 at 06h14, by Africa Business+
French Treasury in Kenya contracts FSE to supply medical equipment (€33m) to Kenya
The Franco-Belgian healthcare group will supply Eldoret Hospital with mother-baby medical equipment,...
Law firm
11/09/2020 at 17h42, by Africa Business+
No exclusivity clause or revenue sharing in Bowmans – Udo Udoma & Belo-Osagie alliance
One of South Africa’s Big Five law firms, Bowmans has pulled off the major achievement of entering Nigeria’s...
Construction & Infrastructure
11/09/2020 at 16h39, by Africa Business+
Kenya Revenue Authority, Kenya National Highways Authority, etc., receive $750m from the World Bank
The cheque given to Nairobi by the Washington, DC-based institution is part of a $15bn regional plan...
Telecoms
28/08/2020 at 14h24, by Africa Business+
Airtel-Telkom merger in Kenya: a botched deal that nobody believed in
Safaricom, Kenya’s almighty telecoms operator, lobbied the government hard to derail this project in...
Insurance
06/07/2020 at 17h11, by Africa Business+
Mauritian insurer MUA places $12m of its capital in SAHAM Kenya
With the purchase of South African company Sanlam’s subsidiary, the group led by Bertrand Casteres plans...
Air transport
03/07/2020 at 06h46, by Gaëlle Arenson
Covid-19: Kenyan cargo specialist Astral Aviation doubles its fleet
Carrier boss Sanjeev Gadhia was one of the guests at the webinar “The Challenges of Post-Covid Logistics”,...
Advisory
25/06/2020 at 20h00, by Africa Business+
Hogan Lovells, Anjarwalla & Khanna and Bedell Cristin advise DFC in funding round for Kenya solar fund ($20m)
The US development agency has teamed up with private investors to create a financing vehicle which aims...
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