Kenya Seeks Fresh World Bank, AFDB Financing to Support Budget
Kenya is negotiating fresh financing with the World Bank and African Development Bank to support its budget, with external funds…
MSCI Indonesia Downgrade Proposal Sends Jakarta Stocks Down 11%
The MSCI Indonesia downgrade proposal would move the country from emerging market to standalone market status, the index provider said…
Oryx Energies Tanzania Business Sold to Amsons Group in $230 Million Deal
Amsons Group has acquired the Oryx Energies Tanzania downstream business in a transaction worth more than $230 million, the Tanzanian-based…
Africa carbon markets face test of investment and delivery at Kigali summit
African governments and project developers are in Kigali this week trying to do what the continent’s carbon market has struggled…
Animal & Human Nutrition Volumes Lift Unga Group Profit as Finance Costs Fall
Unga Group profit before tax more than doubled to 744 million Kenyan shillings in the year ended June 30, as…
Sanlam Allianz Kenya plans to move life insurance business into listed parent
Sanlam Allianz Holdings (Kenya) PLC plans to transfer the life insurance business of its wholly owned subsidiary to the listed…
Global WealthTech funding rises 54% year-on-year to $2.8 billion in Q3
Global wealth management technology companies raised $2.8 billion across 124 deals in the third quarter of 2026, up 54% from…
Nigeria Mining Week Spotlights Funding Gaps, Investment Opportunities
Nigeria Mining Week 2026 concluded in Abuja on Wednesday with industry leaders calling for stronger financing, reliable geological data and…
MNT-Halan private IPO tranche oversubscribed 11.2 times
Egypt’s MNT-Halan has completed subscriptions for the private tranche of its initial public offering (IPO), with demand reaching 11.2 times…
Kenya Pipeline Company profit rises 13% to KSh 11.6 billion
Kenya Pipeline Company (KPC) reported a 13% rise in net profit to KSh 11.58 billion for the year ended June…