Latest News Kenya

Agri-food industry

29/09/2020 at 15h50, 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

16/09/2020 at 06h14, by Africa 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,...

Law firm

11/09/2020 at 17h42, by Africa 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 & Infrastructure

11/09/2020 at 16h39, by Africa 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

28/08/2020 at 14h24, by Africa 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...

Insurance

06/07/2020 at 17h11, by Africa 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...

Air transport

03/07/2020 at 06h46, 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 20h00, by Africa 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...

Stock exchange

18/06/2020 at 16h58, 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...

Large-scale distribution

10/06/2020 at 18h51, by Valentin Grille

Tuskys struggles in Kenya’s fiercely competitive retail environment

The coronavirus epidemic is testing the cash flow of one of the three market leaders, which has fallen...

Electricity

29/05/2020 at 17h32, by Pierre-Olivier Rouaud

Engie maintains commitment to Kenya with Olkaria VI geothermal project ($490m)

In the midst of a restructure, the French group has just been shortlisted alongside Toyota Tsusho as...

Agribusiness

15/05/2020 at 17h18, by Valentin Grille

Finnfund, DEG, Proparco et al give Export Trading Group a cash boost

The global agricultural commodity trader is set to receive a total financing package of $102.2m, which...

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