Latest News Kenya

Telecoms & Media

29/10/2020 at 18h37, by Tarik Bargal

American Tower pays off debts incurred for antenna acquisition in Kenya

Almost half of the amounts raised to finance the transaction with Telkom have already been repaid.

Agribusiness

22/10/2020 at 14h55, by Valentin Grille

Twiga Foods strengthens its finances with renewed support from the IFC ($15m)

The Nairobi-based start-up has secured a risk sharing arrangement with the international agency, which...

Construction & Infra

09/10/2020 at 14h57, by Valentin Grille

AFD appoints BRL Ingénierie, COWI and Seureca (Veolia) to Lake Victoria sanitation project (€70m)

At the beginning of the month, the French development agency signed a cheque for €20m, supplemented by...

Agribusiness

29/09/2020 at 17h50, by Pierre-Olivier Rouaud

Baker & McKenzie and Anjarwalla & Khanna advise Proparco on Kenya Nut transaction

In August, the French lender granted an $18.7m loan to the cashew and macadamia specialist.

Health & Education

16/09/2020 at 08h14, by Jeune Afrique Business+

French Treasury in Kenya contracts FSE to supply medical equipment (€33m) to Kenya

The Franco-Belgian healthcare group will supply Eldoret Hospital with mother-baby medical equipment,...

Advisory

11/09/2020 at 19h42, by Jeune Afrique Business+

No exclusivity clause or revenue sharing in Bowmans – Udo Udoma & Belo-Osagie alliance

One of South Africa’s Big Five law firms, Bowmans has pulled off the major achievement of entering Nigeria’s...

Construction & Infra

11/09/2020 at 18h39, by Jeune Afrique Business+

Kenya Revenue Authority, Kenya National Highways Authority, etc., receive $750m from the World Bank

The cheque given to Nairobi by the Washington, DC-based institution is part of a $15bn regional plan...

Telecoms & Media

28/08/2020 at 16h24, by Jeune Afrique Business+

Airtel-Telkom merger in Kenya: a botched deal that nobody believed in

Safaricom, Kenya’s almighty telecoms operator, lobbied the government hard to derail this project in...

Bank & Insurance

06/07/2020 at 19h11, by Jeune Afrique Business+

Mauritian insurer MUA places $12m of its capital in SAHAM Kenya

With the purchase of South African company Sanlam’s subsidiary, the group led by Bertrand Casteres plans...

Transport & Logistics

03/07/2020 at 08h46, by Gaëlle Arenson

Covid-19: Kenyan cargo specialist Astral Aviation doubles its fleet

Carrier boss Sanjeev Gadhia was one of the guests at the webinar “The Challenges of Post-Covid Logistics”,...

Advisory

25/06/2020 at 22h00, by Jeune Afrique Business+

Hogan Lovells, Anjarwalla & Khanna and Bedell Cristin advise DFC in funding round for Kenya solar fund ($20m)

The US development agency has teamed up with private investors to create a financing vehicle which aims...

Capital Market & Private Equity

18/06/2020 at 18h58, by Valentin Grille

Kenya: Centum (Chris Kirubi) faces legal uncertainty over share buybacks

Tycoon Chris Kirubi’s investment company is increasing its liquidity and selling off debts so that it...

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