Business
South Africa Targets $609 Million Venture Capital Raise as Startup Exits Gather Momentum
July 27, 2026
South Africa Targets $609 Million Venture Capital Raise as Startup Exits Gather Momentum
South Africa is preparing for one of its biggest venture capital fundraising drives yet, with the SA SME Fund planning…
Unpredictable Policies Emerge as Top Concern for Investors Eyeing Kenya
July 24, 2026
Unpredictable Policies Emerge as Top Concern for Investors Eyeing Kenya
Unpredictable government policies have overtaken tax incentives as the biggest concern for investors considering Kenya, signalling a shift in what…
CBK Raises Weekly Treasury Bill Target to Sh28 Billion as Borrowing Needs Grow
July 22, 2026
CBK Raises Weekly Treasury Bill Target to Sh28 Billion as Borrowing Needs Grow
The Central Bank of Kenya (CBK) has increased its weekly Treasury bill borrowing target from Ksh.24 billion to Ksh.28 billion,…
Angola Secures $900 Million From China for New Port Terminal
July 21, 2026
Angola Secures $900 Million From China for New Port Terminal
Angola has secured a $900 million (about Ksh.116 billion) private investment to build and operate a new port terminal at…
Nedbank Secures 79% Shareholder Support to Acquire NCBA Group
July 21, 2026
Nedbank Secures 79% Shareholder Support to Acquire NCBA Group
South Africa’s Nedbank has secured overwhelming shareholder support for its planned acquisition of a 66% stake in Kenya’s NCBA Group.…
European Bank Forays into Senegal With €15 Million in Trade Finance Deal
July 21, 2026
European Bank Forays into Senegal With €15 Million in Trade Finance Deal
The European Bank for Reconstruction and Development (EBRD) has made a foray into Senegal, after the board approved a trade…
Building Wealth in Uncertain Markets
July 21, 2026
Building Wealth in Uncertain Markets
By David Macharia The financial world is experiencing significant volatility driven by global supply chain disruptions that continue to affect…
Finance Act 2026 Gives Digital Lenders Tax Relief, but Industry Says More Reforms Are Needed
July 14, 2026
Finance Act 2026 Gives Digital Lenders Tax Relief, but Industry Says More Reforms Are Needed
Kenya’s digital lending industry has welcomed several tax reforms introduced under the Finance Act 2026, saying the changes will help…
Banks Pull Back on Lending to State Corporations as Treasury Tightens Borrowing Rules
July 13, 2026
Banks Pull Back on Lending to State Corporations as Treasury Tightens Borrowing Rules
Commercial banks are becoming increasingly cautious about lending to Kenya’s State corporations, with new data showing a sharp decline in…
Tanzanian Billionaire Aziz Flies to Uganda as Talks Begin Over Nation Media Shutdown
July 2, 2026
Tanzanian Billionaire Aziz Flies to Uganda as Talks Begin Over Nation Media Shutdown
Tanzanian billionaire Rostam Aziz has stepped in personally to help resolve the crisis that has brought Nation Media Group’s (NMG)…