Markets
-
Foreign Investors Oversubscribe Kenya’s New Eurobond by 400% to $7.5 Billion in Debt Buyback Plan
Kenya has successfully raised $1.5 billion (Ksh.193.8 billion) through a new Eurobond issuance, and this will pave way for the…
Read More » -
Data Shows 88% of SACCOs Prefer Metropol CRB for Risk Mitigation
Kenya has witnessed a rise in the participation of regulated Savings and Credit Cooperative Organizations (SACCOs) in credit information sharing…
Read More » -
Elon Musk Becomes First Person to Hit $500 Billion Net Worth
Elon Musk on Wednesday became the first person ever to achieve a net worth of nearly $500 billion, propelled by…
Read More » -
Kenya’s Payments Revenue to Hit 8% CAGR To $0.8 Billion in 2029
Global payments revenue is projected to reach $2.4 trillion by 2029, according to Boston Consulting Group’s (BCG) 23rd annual Global…
Read More » -
CBK Invites Public Views on Draft National Financial Inclusion Strategy (2025–2028)
The Central Bank of Kenya (CBK) has called on members of the public and stakeholders in the financial sector to…
Read More » -
Botswana Seeks Alternative Markets as US Tariffs Erode Export Competitiveness
Botswana’s economy is grappling with steep U.S. tariffs, prompting the southern African nation to accelerate diversification and cut reliance on…
Read More » -
Weekly Markets Review: Treasury Bills Rally, Equities Edge Up, Real Estate Sees Major Investment
Kenya’s financial markets recorded notable activity across fixed income, equities, and real estate during the week, with Treasury bills continuing…
Read More » -
Japan’s Uncovered Fund, Monex Launch $20M Fund for Africa, Middle East
Japanese venture capital firms Uncovered Fund and Monex Ventures—the corporate VC arm of Monex Group—have unveiled a $20 million fund…
Read More » -
How Business Laws (Amendment) Act, 2024 is Shaping Credit Market in Kenya
Kenya introduced sweeping reforms to its business and financial space, with the enactment of the Business Laws (Amendment) Act, 2024…
Read More » -
Report: Kenya’s Banking Sector Remains Strong as Capital Buffers Exceed Regulatory Minimums
Kenya’s banking sector ended 2024 on a resilient note, with capital buffers remaining well above regulatory requirements, according to the…
Read More »