Lawrence Baraza
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Government Projects
KenGen Assures Kenyans of Stable Power Supply Ahead of Festivities
Kenya Electricity Generating Company has reassured Kenyans of stable and adequate power supply through the festive season, citing strong performance…
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Corporate
Family Bank’s Private Share Placement 131% Oversubscribed at Ksh.8 Billion
Family Bank has raised just over Ksh.8 billion through a private share placement launched in November 2024, significantly exceeding its…
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Credit Rating
S&P Global Upgrades Zambia’s sovereign Rating to CCC+
S&P Global Ratings upgraded Zambia’s sovereign rating to CCC+ from selective default, citing progress in restructuring $13.3 billion of external…
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Corporate
MPs Open Public Submissions on Plan to Sell 15% Stake in Safaricom
The Kenyan government has formally opened a public participation process on its plan to divest from Safaricom PLC partially, inviting…
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Credit Rating
Africa’s Bond Costs Fall But Premium Gap Persists
Africa has made a rapid return to global debt markets this year, raising roughly $18 billion through international bond issuances,…
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Ask Sam
Why CRBs Are Now Opening, Not Blocking Door to Credit
Kenya has witnessed a compelling shift in the credit market space, looking at the growing importance of Credit Reference Bureaus…
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Kenya
Inside Ruto’s $2.5 Billion Healthcare Deal Signed with U.S
The United States and Kenya have signed a five-year $2.5 billion investment agreement in what was been described as a…
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East Africa
U.S, EU Pressure Mounts on Tanzania Over Deadly Post-Election Unrest
Tanzania is facing mounting international pressure following a wave of violent unrest that erupted around the country’s October 29 elections,…
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Corporate
Why State Sidelined Local Investors in a Ksh.244 Billion Safaricom Shares Offload
Kenya’s decision to offload a 15% stake in Safaricom to Vodafone for Ksh.204.3 billion ($1.57 billion), rising to Ksh.244.5 billion…
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East Africa
Ethiopia’s Tad Motors Launches its Electric Cars in Kenya
Tad Motors officially entered Kenya’s electric vehicle market with the launch of its first Electric Vehicle lineup, which was unveiled…
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