NCBA opens new branch in Kenya to enhance banking services
NCBA Bank unveils a new branch to deepen local engagement and enhance financial inclusion in Kwale County of Kenya.
Kenya
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.
South African fund manager eyes stake in ports company owned by Mombasa-based Mohamed Jaffer
This move is part of AIIM's strategy to expand its investments in African infrastructure, particularly in logistics.
Court orders Kenyan media mogul Samuel Macharia to repay $3.1 million to Directline Assurance
Justice Alfred Mabeya, in his ruling, stated that the transfer of funds by Macharia, 82, was illegal and intended to financially cripple the company.
NCBA, backed by Kenya’s richest families, partners with fintech firm to boost African remittances
The collaboration aims to make money transfers faster, safer, and more affordable.
Kenyan tycoon Andrew Ndegwa’s stake in NCBA surges above $26 million
Ndegwa sees $3.82-million gain as NCBA Group shares surge 16.8 percent on the Nairobi Securities Exchange.
Kenyan diaspora bond aims to fund airport expansion amid billionaire Gautam Adani's controversial $1.85-billion bid
Indian billionaire Gautam Adani's $1.85-billion unsolicited bid has faced backlash from Kenyans.
Kenyan tycoon John Kimani's stake rebounds above $22 million
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.
Kenya’s richest banker James Mwangi gains $5.3 million from stake in Equity Group
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.
Luxury apartments worth $7.7 million handed over by firm linked to Kenyan billionaire heiress Mary-Ann Musangi
The luxury units are priced between Ksh36 million ($280,000) and Ksh52 million ($404,000), reflecting a significant increase in value.
Kenyan executive Peter Ndegwa-led Safaricom resumes talks with Starlink as competition heats up
This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
Kenyan executive James Ndegwa gains $2.4 million from NCBA stake in 11 days
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
Elon Musk’s Starlink introduces portable kit in Kenya amid expansion push in Africa
Dubbed the ‘Starlink Mini,’ the kit, priced at Ksh27,000 ($210), is significantly cheaper than the existing Ksh45,500 ($354) standard package.
NCBA, backed by Kenya’s richest families, to provide digital skills training for 3,000 employees
This initiative marks a significant step in the bank’s commitment to enhancing its workforce’s expertise in emerging technologies.
Kenyan tycoon Peter Ndegwa-led Safaricom secures second $116-million sustainability-linked loan
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
Kenyan exec Peter Ndegwa's Safaricom partners with Mastercard to accelerate cross-border remittance
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.