Latest News Kenya
News
04/07/2023 at 17h12, by Africa Business+
Vantage Capital acquires stake in Kenya-based Aquasantec
The South African company is awaiting regulatory approval before taking control of the water storage,...
Health
30/06/2023 at 15h13, by Africa Business+
Kenya: Zhende Medical invests in first two factories
The World Bank’s financial arm and the Chinese group’s internal cash flow will finance the project.
News
27/06/2023 at 16h49, by Africa Business+
Aroni Chaudhuri (Coface): “Kenya risks defaulting on its external debt; it has to repay its $2 billion Eurobond, which matures in June 2024”
Aroni Chaudhuri, an economist specialising in Africa at French credit insurer Coface, which has forecast...
Maritime transport
22/06/2023 at 13h45, by Africa Business+
Kenya: the tedious process of awarding port concessions restarts
For several years, the government in Nairobi has been trying to find private managers for its ports,...
Large-scale distribution
14/06/2023 at 17h15, by Africa Business+
Mitsui seeks $50 million to back Kenyan B2B startup Kyosk
After taking a minority stake in the startup launched by one of Jumia’s co-founders last April, the...
Energy
13/06/2023 at 15h10, by Africa Business+
Biofuels: ENI studies feasibility of Mombasa refinery conversion
Kenya Petroleum Refineries Limited (KPRL), under government control since 2013, has not operated for...
Energy
09/05/2023 at 17h58, by Africa Business+
Off-grid energy solutions: Sun King targets Nigeria, Tanzania, Uganda and Zambia
Sun King, led by Patrick Walsh, is looking to accelerate its growth in providing clean cooking solutions...
Telecoms & Media
09/05/2023 at 16h02, by Africa Business+
Wojtek Piorko to drive Vertiv’s growth in Africa
Vertiv, the global business continuity and critical digital infrastructure solutions provider, has named...
Industry
04/05/2023 at 17h45, by Africa Business+
Kandil Steel seeks IFC support to address rising raw material costs
The International Finance Corporation (IFC) is considering a three-year, $25 million loan to Egypt’s...
Agri-food industry
27/04/2023 at 17h44, by Africa Business+
Australian investment manager New Forests sends Africa team to Kenya
New Forests has a $10 billion portfolio. It seeks to raise $500 million to establish its position in...
Consumer goods & Retail
26/04/2023 at 16h25, by Christelle Marot
Sunda Group seeks $100m to expand in Africa
The Chinese company has turned to the International Finance Corporation (IFC) in support of its consumer...
Private Equity
20/04/2023 at 18h23, by Africa Business+
Mauritius’ Grit reaching $30 million fund commercial and industrial real estate target in sub-Saharan Africa
The new vehicle, Africa Impact Industrial, claims nearly $200 million in projects in the pipeline. In...
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