Financials and Investment News in Kenya

ACX Signs Collaboration Agreement with the NIFC & NSE
7/7/2022 - AirCarbon Exchange (ACX), the global exchange revolutionizing the voluntary carbon market, signed a collaboration agreement with the Nairobi International Finance Centre (NIFC) and the Nairobi Securit...
CrossBoundary Access Raises $25M from ARCH, Bank of America, and Microsoft Climate Innovation Fund
6/16/2022 - - CrossBoundary Energy Access (CBEA) will deploy a total of $50 million in capital to its near-term pipeline of solar mini-grid portfolios.
- CBEA plans to deploy $150 million to bring clean en...
Africa Oil Announces The Receipt of Prime Dividend
5/25/2022 - Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") is pleased to announce that it has received a dividend from Prime Oil and Gas Cooperatief UA ("Prime"). The Company has a 50% shareholding in Pr...
Africa Oil Announces Positive Prime Financing Update
10/29/2021 - Africa Oil Corp. ("AOI") is pleased to announce that its investee company, Prime Oil and Gas Cooperatief UA ("Prime"), has successfully signed and closed a pre-export finance facility ("PXF Facility")...
Africa Oil Announces Share Capital Update
8/31/2021 - Africa Oil Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the exercise of 218,000 stock options und...
Africa Oil Receives Its Sixth Prime Dividend
12/17/2020 - Africa Oil Corp. has received its sixth dividend from Prime Oil and Gas B.V. ("Prime").

Prime has distributed a US$75.0 million dividend with a net payment to Africa Oil o...
Kenya Offers Bigger Share of Oil Revenue to Local Communities
11/10/2017 - Kenya’s government has proposed in a draft bill to give 30 percent of prospective oil revenue to the community where the resource was discovered, climbing down from its earlier proposal to cap the amo...
UK Visas & Immigration Launches a New VAC in Mombasa
9/15/2016 - On Monday 19 September 2016, UK Visas and Immigration’s global commercial partner for UK visa services, TLScontact, will open a Visa Application Centre (VAC) in Mombasa. This is a new centre, in addit...
Kenya Finance Bill 2014 Passed by Kenyan Parliament
9/25/2014 - Africa Oil Corp. (Africa Oil) confirms that the Kenya Finance Bill 2014 has been passed by the Kenyan Parliament and assented to by President Kenyatta. Publication of the bill is expected imminently. ...
Africa Oilfield Logistics Limited Conditionally Raises £7.0m
7/17/2014 - Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, is pleased to announce that it has conditionally raised approximately £7.0 million (approximately...
Swala Energy Announces Trading Halt Regarding Block 12B JV
7/17/2014 - In accordance with ASX Listing Rule 17.1, Swala Energy Limited (Swala Energy) requests that a trading halt be implemented in respect of all Swala Energy securities quoted on the ASX, pending an announ...
FAR to Undertake Placement for Kenya Cash
6/2/2014 - FAR Ltd (FAR) is pleased to announce an equity raising placement which is expected to raise $8 million before expenses. The placement was arranged by Bell Potter Securities Limited (Bell Potter) as L...
Kenya's Barclays Signs $13m Deal to Finance Explorer's Rig
8/23/2013 - Barclays Bank Kenya has signed a $13 million financing deal with a unit of British oil explorer Marriot Drilling for a rig for work in Kenya, which has attracted attention after oil discoveries last y...
Kenya Seeks 25% Stake in Oil Production Ventures
11/14/2012 - Kenya aims to take a bigger slice of the profits from its natural resources exploration boom by seeking a 25 percent stake in the production activities of oil and gas companies operating in the east A...
Kenya to Allocate Oil Royalties to Residents
6/27/2012 - Kenya is studying giving at least a fifth of oil and gas royalties to people living in areas where the resources are pumped, an Energy Ministry official said. The ministry proposed guaranteeing 5 perc...
Private Financing for Exploration of Blocks 1 & 2B
5/31/2012 - Taipan Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement financing for the sale of a minimum of 16,666,667 to a maximum of 25,000,000 units at a price ...

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