Financials and Investment News in Kenya
| 12/6/2024 - Africa Investment Forum 2024 Market Days: Seedstars Africa Ventures I announces $42m first close AfDB Director Ahmed Attout (centre), EIB Vice president Ambroise Fayolle (left) and representativ... |
| 10/24/2024 - The $15 million financing will enable BURN to produce and distribute its industry-leading ECOA Induction Cooker to over 1 million households across East Africa. The investment will positively imp... |
| 10/15/2024 - The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on October 8 a loan agreement totaling up to USD8.64 million (JBIC portion) with Eastern and Southern African Tr... |
| 7/18/2024 - IFC and Citi have announced a $65 million equivalent Kenyan shillings finance facility to expand IFC's ability to provide local currency financing in Kenya. Under the facility, Citi will pr... |
| 5/16/2024 - EBRD’s Board of Governors approves new membership requests Kenya and Nigeria mark the next step in Bank’s expansion to sub-Saharan Africa Requests made with a view to becoming EBRD recipient... |
| 3/14/2024 - The IFC Board of Executive Directors approved IFC's Management Action Plan in response to an investigation of IFC's investment in Bridge International Academies conducted by the Compliance Advisor Omb... |
| 2/14/2024 - Roam secures US$14M in Series A equity funding led by Equator Africa, with notable contributions from At One Ventures, TES Ventures, and others, alongside an additional US$10M debt commitment from the... |
| 1/19/2024 - The African Development Bank and the United Kingdom have announced the selection of the Transmission Network Improvement Project in Kenya as a beneficiary project under the Room to Run Sovereign trans... |
| 1/17/2024 - Jeantet has advised the South African bank Standard Bank of South Africa on a USD 50 million financing for Meridiam Africa Investments 3 S.A.S., special purpose vehicle owned by the investment funds ... |
| 12/3/2023 - Kenya has announced a significant milestone with the signing of green manufacturing agreements totaling USD 4.48 billion during the launch of the Africa Green Industrialisation Initiative (AGII). <... |
| 10/6/2023 - IFC announced an investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets, to improve fast-growing health and financ... |
| 9/19/2023 - Africa’s first blended finance facility for mini-grids, CrossBoundary Access, announced $10 million in new funding commitments from the African Development Bank (AfDB) Sustainable Energy Fund for Afri... |
| 5/15/2023 - Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; President and CEO: Masayuki Hyodo) has invested US $36.5 million in M-KOPA Holdings Limited (Head Office: London, UK, CEO and Co-Founder: Jesse Mo... |
| 5/3/2023 - African Export-Import Bank (“Afreximbank” or the “Bank”) on 2 May 2023 in Nairobi signed a US$3 Billion Country Programme with the Government of Kenya. The official signing ceremony was witnessed by P... |
| 1/26/2023 - Senken, the world's largest climate finance trading platform of on-chain carbon credits, announced that it has raised USD $7.5 million in new funding, the most significant capital raise in its industr... |
| 12/29/2022 - The Capital Markets Authority (CMA) has licenced Admirals Kenya Limited as a non-dealing online forex trading broker under the Capital Markets Regulations. Admirals hopes the achieving of this license... |
| 12/2/2022 - Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") provides an update on its appeal process in relation to Kenya Revenue Authority's ("KRA") corporate income tax ("CIT") and value added tax ("VA... |
| 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... |
| 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... |
| 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... |
