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Tanzania’s Prime Minister Mwigulu Lameck Nchemba to Headline Investment Forum in London.

Tanzanian Prime Minister Mwigulu Lameck Nchemba will deliver the keynote address at the inaugural Tanzania Investment Forum in London on Oct. 8, organisers Invest Africa said on Sunday. The event will bring together senior Tanzanian government officials, international investors, development finance institutions and business leaders to discuss investment opportunities in the East African nation, according […]

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Digital Realty Expands Nairobi Data Center Capacity with New 6.4-Megawatt Facility.

Digital Realty, a U.S.-listed cloud- and carrier-neutral data center operator, said on Monday it has opened a new 6.4-megawatt data center in Nairobi, expanding its footprint in East Africa’s digital infrastructure market. The facility, called Nairobi Two Data Center (NBO2), was built alongside the company’s existing Nairobi One (NBO1) site, according to a statement from […]

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Britam Holdings PLC Completes 5.9 Billion Shilling Share Premium Reduction.

Britam Holdings said on Monday it has completed a reduction of its share premium account by 5.875 billion Kenyan shillings ($45.4 million), bringing the balance down to 7.36 billion shillings, after securing court and regulatory approval. The Nairobi-based insurer and financial services group said the Share Premium Reduction took effect on Sept. 7, cutting the […]

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Capital Markets Authority Clears Fourfront to Live-Test Short Selling on Nairobi Bourse.

Kenya’s Capital Markets Authority (CMA) has approved FourFront Management Ltd, a unit of Standard Investment Bank (SIB), to live-test a short selling platform on the Nairobi Securities Exchange (NSE), the company said, in a six-month pilot that began on August 1, 2026. The platform, built for securities lending and borrowing (SLB), was developed by FourFront […]

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News

African Export Fund FEDA Adds Senegal, Liberia as Members, Membership Rises To 24.

The Fund for Export Development in Africa (FEDA) said on Monday that Senegal and Liberia had acceded to its establishment agreement, while Angola and Zimbabwe ratified the pact, expanding the fund’s membership to 24 countries. FEDA is the equity investment arm of the African Export-Import Bank (Afreximbank), a Cairo-based multilateral lender that finances trade across […]

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FinTech

Global Fintech Investment Surges To $103.1 Billion In First Half Of 2026, KPMG Says.

Global investment in financial technology companies rose to $103.1 billion in the first half of 2026, up from $72.2 billion in the second half of 2025, driven by a wave of large acquisitions in the United States, according to a report by KPMG. The increase puts the fintech sector on track for its strongest annual […]

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Nigeria Antitrust Regulator Investigates Uber Exit Over Unfulfilled Customer Services.

Nigeria’s competition regulator said on Sunday it is investigating Uber Technologies Inc’s abrupt exit from the country, focusing on whether the ride-hailing company left customers with unfulfilled services when it shut down operations without warning. The Federal Competition & Consumer Protection Commission (FCCPC) is examining Uber’s withdrawal from the West African nation after the platform […]

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Centum Investment Company Names Thomas Omondi-Acholi as Acting Group CEO After Mworia’s Exit.

Centum Investment Company Plc said on Monday that Dr. James Mworia has stepped down as Group Chief Executive Officer and Managing Director, with Thomas Omondi-Acholi appointed acting Group CEO with immediate effect. The Nairobi-based investment firm, which trades on the Nairobi Securities Exchange, said the leadership change was announced pursuant to Regulation 64 and Part […]

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Kengen Revenue Hits Ksh59.7 Billion as Profit Falls and Dividend Slashed.

Kenya Electricity Generating Company (KenGen) reported higher revenue but lower net profit for the year ended June 30, 2026, while proposing a reduced final dividend of 75 cents per share, its KenGen FY 2026 results showed. Revenue rose 6.4% to 59.7 billion shillings from 56.1 billion shillings a year earlier, while profit after tax fell […]

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Centum Investment Company Plc CEO James Mworia Appointed Founding CEO Of Kenya’s National Infrastructure Fund.

Kenya’s National Infrastructure Fund has appointed Dr James Mworia as its founding chief executive officer, effective Monday, as the government moves to operationalise the state-backed vehicle created to mobilise private capital for infrastructure. The appointment follows a competitive recruitment process, the Fund’s Board said in a notice announcing James Mworia as CEO of the National […]

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