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EU in Ksh. 15.8B deal with Equity Bank to support Kenyan business
By Citizen Reporter,
826, March 4, 2021 (EAT)
The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (Ksh. 15.8 billion) of new support ...
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Data is key to closing gender gaps in energy access in Kenya: AfDB
By Citizen Reporter,
1150, March 2, 2021 (EAT)
Gender-specific data, especially detailed information on how women and men use financial resources, is needed to improve interventions geared to closi...
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Kenya to complete grid connection to Ethiopia by June
By Kepha Muiruri,
1640, February 17, 2021 (EAT)
Kenya is expected to complete the connection of its national grid with Ethiopia’s by June this year. Speaking during a tour to inspect various de...
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Kenya & IMF reach agreement on Ksh.262.7 billion 3-year loan
By Kepha Muiruri,
2045, February 15, 2021 (EAT)
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
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Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond
By Kepha Muiruri,
1512, February 13, 2021 (EAT)
National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...
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Kenya seeks Ksh.154B World Bank, IMF loans
By Kepha Muiruri,
1805, January 27, 2021 (EAT)
Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...
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World Bank to invest Ksh.547B in 11 African countries
By Reuters,
1022, January 12, 2021 (EAT)
The World Bank on Monday said it would invest over $5 billion (Ksh.547.8billion) over the next five years to help restore degraded landscapes, improve...
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African free trade bloc opens for business, but challenges remain
By Reuters,
827, January 2, 2021 (EAT)
African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavir...
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Kenyan banks begin issuing cheap mortgage loans
By Kepha Muiruri,
2102, December 17, 2020 (EAT)
Kenyan commercial banks have begun issuing cheap mortgage loans following access of State backed financing. On Thursday, the Kenya Mortgage Refinan...
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Africa must risk capital for its youth, Adesina urges
By Citizen Reporter,
1355, December 17, 2020 (EAT)
Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank President Akin...
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Access Bank unveils Kenyan operations after Transnational takeover
By Kepha Muiruri,
1624, November 9, 2020 (EAT)
Africa’s largest retail lender Access Bank has unveiled local operations in the country following its acquisition of Transnational Bank at the end o...
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Shelter Afrique to develop another 10,000 affordable homes in Rwanda
By Citizen Reporter,
1135, October 20, 2020 (EAT)
Shelter Afrique Board has approved the development of another 10,000 affordable homes in Rwanda. Making the announcement in Nairobi, Shelter Afriqu...
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Shelter Afrique receives Ksh.1.7 billion in new capital
By Kepha Muiruri,
1613, September 4, 2020 (EAT)
Pan-African based housing development financier Shelter Afrique has received Ksh.1.7 billion ($16 million) in new capital injection from its sharehold...
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Former KAM Chairman Sachen Gudka among 5 new Kenya Power directors
By Citizen Reporter,
1843, July 20, 2020 (EAT)
The Board of Kenya Power has appointed five new directors at a time when the company is rolling out its growth strategy. They are Abdulrazaq Ali, E...
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Kenya in line to save Ksh.244 billion from debt restructure – World Bank
By Kepha Muiruri,
1141, April 15, 2020 (EAT)
Kenya stands in line to realize gains of up to Ksh.243.6 billion ($2.3 billion) from the suspension of all 2020 loan repayments to its external credit...
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Kenyan businesses count losses from coronavirus disruptions
By Kepha Muiruri,
1006, March 7, 2020 (EAT)
The majority of Kenyan businesses in the country have tabulated losses from the ongoing coronavirus outbreak at less than Ksh.1 million. This indic...
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Absa eyes SMEs in strategy overhaul
By Kepha Muiruri,
1708, February 19, 2020 (EAT)
Absa Bank Kenya, formerly Barclays, is set to cast its net wider to the expansive MSME sector as the lender overhauls its strategy following the round...
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Barclays officially re-brands to Absa
By Kepha Muiruri,
1534, February 10, 2020 (EAT)
Barclays Bank Kenya has completed its transition into Absa Bank Kenya PLC following its capture of requisite regulatory approval from the pair of the ...
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Matatu minibuses getting a high-tech makeover
By CNN,
1416, January 28, 2020 (EAT)
A Kenyan company is seeking to improve the matatu experience for owners and riders by giving the buses a high-tech makeover. Data Integrated is out...
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2019 review: Surviving as an ordinary Kenyan now more expensive
By Kepha Muiruri,
1122, December 30, 2019 (EAT)
In April, the Kenya National Bureau of Statistics (KNBS) released its 2019 Economic Survey placing economic growth by gross output at 6.3 percent over...
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