Lawrence Baraza
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Corporate
Banda Homes Placed Under Liquidation as Buyers Mount Pressure
Embattled property developer Banda Homes has officially been placed under liquidation, bringing about a turn in a months-long saga of…
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Commodities
China’s Zhongman Petroleum Awarded Natural Gas Block in Algeria
China’s Zhongman Petroleum and Natural Gas Group (ZPEC) said it won a tender to explore and develop a natural gas…
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East Africa
EADB, OPEC Fund Sign $40 Million Facility for SMEs in EAC
The East African Development Bank (EADB) has today formalized a US$40 million loan agreement with the OPEC Fund for International Development to…
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Corporate
CBK Licenses 41 More Digital Lenders, Bringing Total to 126
The Central Bank of Kenya (CBK) has issued licenses to 41 additional Digital Credit Providers (DCPs), pushing the total number…
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Kenya
CBK Extends Time for Kenya’s Bulk Payment Settlement System
The Central Bank of Kenya (CBK) has extended time for Kenya’s bulk payment settlement system, better known as the Kenya…
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Credit Rating
Chances Rise of Afreximbank Involvement in Debt Rework, says JPMorgan
The chances of Afreximbank getting involved in a debt restructuring have increased, JPMorgan said on Tuesday, while also upgrading its…
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Corporate
America’s Zeno Launches Electric Motorbikes in Kenya
Zeno, a global electric mobility company founded by a former Tesla executive, has entered the East Africa market with the…
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West Africa
Tanzanian Billionaire Delivers Kenya’s First LPG Shipment From Nigeria
Lake Gas — a leading supplier of liquefied petroleum gas (LPG) in Tanzania, Zambia, DR Congo, Kenya, and Burundi —…
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Agriculture
Kakuzi plans to Invest Over Ksh.1.2 billion in commercial, Social Impact Projects.
The funds will be used to expand agricultural production and value-added ventures in macadamia, avocado, livestock, and commercial forestry. As…
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casino
Kenyan man turns KSh 5 into KSh 516,452 playing SportPesa Aviator
In a thrilling turn of events, SportPesa Kenya has crowned yet another six-figure Aviator winner — this time from a…
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