Markets
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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…
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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…
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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…
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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…
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CBK Approves CIS’ Validata Tool to Tame Data Submission Errors to CRBs
The Central Bank of Kenya (CBK) has approved the CIS ValiData tool developed by the Credit Information Sharing Association of…
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Kenya’s HoneyCoin Raises $4.9 Million to Scale Stablecoin Payments
Kenyan fintech HoneyCoin has raised $4.9 million in seed funding to accelerate its stablecoin-powered payments infrastructure across Africa, Latin America,…
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Microsoft Hits $4 Trillion Market Cap on Strong Earnings
Microsoft has become the second company in history to surpass a $4 trillion market capitalization, following a robust quarterly earnings…
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IFC Issues $17 Billion Bond to Boost Rwanda’s Local Capital Market
The International Finance Corporation (IFC) has successfully issued a RWF 24 billion (approximately $17 million) bond in Rwanda’s domestic capital…
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Family Bank Secures $20 Million from UK for Trade Financing
Family Bank has secured a $20 million (Ks.2.6 billion) trade finance facility from British International Investment (BII), for affordable credit for…
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How IMF, World Boank is Influencing Bonds Market in Kenya
The Central Bank of Kenya (CBK) is implementing reforms in the government bond market by designating major local banks as…
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