Latest News Kenya
Mines
13/02/2020 at 16h48, by Valentin Grille
Shanta Gold invests in Kenya, acquiring Acacia Exploration from Barrick
The junior oil and gas company based in Tanzania acquired a mine discovered by the Canadian mining company,...
Oil & Gas
06/02/2020 at 22h06, by Africa Business+
Experiencing hard times, Tullow initiated the sale of the South Lokichar oil fields in Kenya with Total
Having suffered a blow on the stock market, the British oil company Tullow wants to sell a significant...
Large-scale distribution
24/01/2020 at 16h27, by Africa Business+
How private equity could have saved Kenya’s Nakumatt from bankruptcy
By rejecting the opening of its capital to institutional investors, who could have provided financing...
Electricity
19/12/2019 at 14h55, by Gaëlle Arenson
With Canada’s JCM Power, STOA Infra & Energy (CDC/AFD)’s commitments reach $234m
Two months after investing in GSEZ Ports, the vehicle which is 83.3% controlled by France’s Caisse de...
Energy
28/11/2019 at 16h08, by Aurelie Benoit
First Kenyan venture for AIF I (A.P. Moller Capital)
The fund management company is set to buy a diesel-fired power plant in Nairobi, following the unsuccessful...
Logistics
22/11/2019 at 19h03, by Pierre-Olivier Rouaud
Kenya: Goldman Sachs joins Creadev (Mulliez family) in the capital of Twiga Foods
B2B food distribution company Twiga Foods has raised a total of $30 million from lenders and investors....
Private Equity
18/11/2019 at 17h16, by Aurelie Benoit
Two high-profile hires for CDC in Lagos and Nairobi
The UK development finance institution has appointed Seema Dhanani and Benson Adenuga to head its operations...
Bank & Insurance
05/11/2019 at 17h31, by Valentin Grille
Nigeria’s Access Bank takes its first steps in Kenya with the acquisition of Transnational Bank Ltd
Lagos’ fourth largest bank is gaining a foothold on a “key market” with an establishment that is well...
Health
05/11/2019 at 16h33, by Africa Business+
Piex is preparing its arrival in Kenya under the watchful eye of LBO France
Following an acquisition in France, the French distributor of health and beauty products is negotiating...
Telecoms
30/10/2019 at 13h47, by Africa Business+
Safaricom finds Peter Ndegwa, its Kenyan treasure, at Diageo
The Nairobi government, which holds a third of the capital of the East African telecoms leader, insisted...
Land transport
29/10/2019 at 17h02, by Africa Business+
City transport: AFD lays down its markers in Kenya
Already present in Tanzania, where it is helping to develop a bus rapid transit (BRT) system, the French...
Oil & Gas
23/10/2019 at 22h26, by Africa Business+
Tullow Oil works on ESIAs in Kenya ahead of investment decision in 2020
On 26 August, Kenyan President Uhuru Kenyatta hailed the first cargo of crude oil to be exported to...
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