Markets
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African Startups Raise Over $1.4 Billion in H1 2025, With Kenya Taking Lead
Startups across Africa raised more than $1.4 billion in the first half of 2025 through deals valued at $100,000 or…
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T-Bills Undersubscribed First Time in Eight Weeks as Investor Appetite Shifts
Kenya’s Treasury bills (T-Bills) were undersubscribed for the first time in two months, with the overall subscription rate dropping to…
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New Deal to Deepen Bank-Fintech Integration and Boost Digital Payments in Kenya
A new agreement aims to strengthen real-time collaboration between banks and fintech firms in Kenya, advancing efforts to improve digital…
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Somalia Launches First Securities Exchange, to Go Live in 2026
Somalia has officially launched its first-ever securities exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. The exchange, expected…
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Kenya Lost Ksh.3 Billion Over Gen Z Protests on June 25
The Gen Z protests across 25 Kenyan counties on June 25, 2025, significantly impacted businesses, causing economic losses due to…
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Kenya’s BURN gets Ksh.10.4bn from TDB for clean Cooking
Kenya-based clean cookstove manufacturer BURN has secured a Ksh.10.4 billion financing package from the Trade and Development Bank (TDB) Group…
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Heineken Loses Operational Control of Facilities in DRC
Heineken has lost operational control and withdrawn its staff from its facilities in conflict-affected areas of eastern Democratic Republic of…
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Kenyan Shilling Holds Steady at 129 Levels as Forex Reserves Hit Record High
The Kenyan shilling remained unchanged against the U.S. dollar on Friday, maintaining Thursday’s levels, according to data from the London…
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Investor Wealth at NSE Hits Ksh.180 Billion in Gains
The Nairobi Securities Exchange (NSE) went on a bull run as investor wealth hit over Ksh.180 billion, with all major…
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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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