Kenya’s banking sector has delivered a solid set of half-year 2025 results, with leading lenders reporting steady profit growth, generous interim dividends, and continued strategic expansion in high-demand sectors such …
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- Banking, Finance & InvestmentEconomyFinanceKenya
- AfricaASIADevelopmentDigital EconomyEconomyEnergyFinance & ServicesInfrastructureInternational RelationsINVESTMENT
EAAIF secures $325m for infrastructure expansion
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a private infrastructure group managed by Ninety-One, has secured a fresh $325 million in debt funding to support infrastructure projects across Africa …
- BusinessEconomyManufacturingPolitics
South Africa’s Manufacturing Sector Faces Challenges but Sees Slight Improvement
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
- BusinessINVESTMENTKenya NewsReal Estate
Musalia Mudavadi reveals Absa bank and First Assurance stake in Sh4bn wealth
Properties in upmarket Riverside Estate, shares in Absa Bank and First Assurance Company Limited account for the largest share of nominee for Prime Cabinet Secretary Musalia Mudavadi’s net worth of …
Absa reported its “strongest half yet” in the six months to June 2022. The bank, which has been trying to claw back market share it lost under Barclays’ rule, posted …
- Banking, Finance & InvestmentBusinessEconomySouthern Africa
Absa expects an increase of 20% in earnings per share
Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …