Markets
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Kenya Shilling Up 2.1% Against Dollar to Open Week At 134
The Shilling continued its winning streak against the US Dollar at the start of the week Monday, signalling positive gains…
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Kenya Shilling Hits 137 Units Aginst Dollar, Level Last Seen in June
The Shilling has continued its gain against the US Dollar, reaching levels last seen in June 2023. Figures from the…
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JP Morgan Among Managers to Assist Nigeria in its Upcoming Eurobond
Nigeria has hired investment banks including Citibank NA, JPMorgan Chase & Co. and Goldman Sachs Group Inc. to advise it…
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Shilling Strength Sees Kenya’s Billionaire Investment Up Ksh.209 Billion
Merali family has witnessed an uptick in its investments in under four days, thanks to the gains in the shilling.…
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Superior Homes to Build Ksh.14 Billion Property in Lukenya
Superior Homes has unveiled a Ksh.14 billion gated community in Lukenya, Machakos County. Spread across an expansive 172-acre, the development…
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Saudi Aramco Eyes US LNG Plant in New Buyout Plan
The US LNG market is anticipating new buyers from two oil giants in the Middle East -Saudi Aramco and ADNOC.…
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Navigating the Shifting Landscape of Startup Funding in Africa: Insights from Founders Factory Africa’s Pre-seed Podcast
Industry experts delved into the nuances of funding in 2024 in a recent live episode of The African Pre-seed Podcast…
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Inflation in Kenya Eases to 6.3%
Inflation in Kenya eased to 6.3% in February 2024, the lowest level in two years – according to the Central…
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Why Kenya Shilling is Volatile Against Dollar Despite Gains
The Kenya Shilling has strengthened against the US Dollar, rebounding from a 1% decline last Friday. Data from the Central…
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Kenya Shilling Ends Week 1% Down Against US Dollar
The US Dollar is gradually regaining its glory in the local market, ending the week at 1% against the Kenya…
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