Adani Energy signs $741-million power deal with Kenya amid controversy
This partnership is aimed at bolstering Kenya's power infrastructure and underscores Adani's expanding presence in Africa.
This partnership is aimed at bolstering Kenya's power infrastructure and underscores Adani's expanding presence in Africa.
This marks the firm’s eight location across the continent and underscores its commitment to responsible investing and sustainable development in Africa.
Medine's performance underscores its ability to navigate economic challenges, with real estate driving its growth during the period under review.
This move is part of AIIM's strategy to expand its investments in African infrastructure, particularly in logistics.
Justice Alfred Mabeya, in his ruling, stated that the transfer of funds by Macharia, 82, was illegal and intended to financially cripple the company.
The collaboration aims to make money transfers faster, safer, and more affordable.
Ndegwa sees $3.82-million gain as NCBA Group shares surge 16.8 percent on the Nairobi Securities Exchange.
John Kimani, has seen his shares in Kakuzi surpass $22 million (Ksh2.87 billion), marking a gain of Ksh383.4 million ($2.97 million) in just eight days.
This strategic move aims to tap into the growing interest in dollar-denominated instruments.
IBL Group sees record-breaking revenue of $2.2 billion under Mauritian businessman Arnaud Lagesse's leadership.
Mwangi, who holds a 3.38 percent stake, equivalent to 127,809,180 ordinary shares, has seen his investment rebound by Ksh683.78 million ($5.3 million) over the past seven weeks.
The luxury units are priced between Ksh36 million ($280,000) and Ksh52 million ($404,000), reflecting a significant increase in value.
This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
Dubbed the ‘Starlink Mini,’ the kit, priced at Ksh27,000 ($210), is significantly cheaper than the existing Ksh45,500 ($354) standard package.
This initiative marks a significant step in the bank’s commitment to enhancing its workforce’s expertise in emerging technologies.