Latest News Kenya

Energy

09/05/2023 at 17h58, by Africa Business+

Off-grid energy solutions: Sun King targets Nigeria, Tanzania, Uganda and Zambia

Sun King, led by Patrick Walsh, is looking to accelerate its growth in providing clean cooking solutions...

Telecoms & Media

09/05/2023 at 16h02, by Africa Business+

Wojtek Piorko to drive Vertiv’s growth in Africa

Vertiv, the global business continuity and critical digital infrastructure solutions provider, has named...

Industry

04/05/2023 at 17h45, by Africa Business+

Kandil Steel seeks IFC support to address rising raw material costs

The International Finance Corporation (IFC) is considering a three-year, $25 million loan to Egypt’s...

Agri-food industry

27/04/2023 at 17h44, by Africa Business+

Australian investment manager New Forests sends Africa team to Kenya 

New Forests has a $10 billion portfolio. It seeks to raise $500 million to establish its position in...

Consumer goods & Retail

26/04/2023 at 16h25, by Christelle Marot

Sunda Group seeks $100m to expand in Africa

The Chinese company has turned to the International Finance Corporation (IFC) in support of its consumer...

Private Equity

20/04/2023 at 18h23, by Africa Business+

Mauritius’ Grit reaching $30 million fund commercial and industrial real estate target in sub-Saharan Africa

The new vehicle, Africa Impact Industrial, claims nearly $200 million in projects in the pipeline. In...

Logistics

14/04/2023 at 17h00, by Africa Business+

David Beer, TradeMark Africa : “Trade Catalyst Africa fund targets €100-200 million”

Backed by several Western countries and supported by the Tony Blair Institute and the Gates Foundation,...

Consumer goods

14/04/2023 at 16h38, by Africa Business+

Textiles : IFC to finance Hela Apparel Holdings in East Africa 

The financial arm of the World Bank is working on a loan of up to $20 million to the Sri Lankan producer,...

Private Equity

12/04/2023 at 15h43, by Christelle Marot

Victory Farms’ co-founder Joseph Rehmann : “Today, we have 18 investors and business angels”

The Kenyan aquaculture company Victory Farms recently raised $35 million.

Agri-food industry

11/04/2023 at 17h37, by Africa Business+

Dairy: Midland’s Anand Kapoor and Bhaskar Kotecha seek $35 million extension 

After applying to the Dutch FMO, the duo behind the Ugandan conglomerate is turning to a bigger donor...

Land transport

31/03/2023 at 15h12, by Africa Business+

€348m Nairobi BRT: European donors push for fares close to informal transport prices

The Nairobi Core Bus Rapid Transit Line 3 (BRT 3) project is being financed by the European Investment...

Bank & Insurance

23/03/2023 at 17h41, by Christelle Marot

Fergus Ferguson at the helm of Letshego in Anglophone West and East Africa

The microfinance group’s former Botswana country manager will oversee six markets: Kenya, Tanzania,...

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