kenya

Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%. …

Kenya has beaten a hasty retreat from its early plans to float a KSh115 Billion ($1 billion) Eurobond and has instead shifted its attention to borrowing from a consortium of …

The National Assembly has agreed to raise Kenya’s debt ceiling to Ksh 10 trillion from the current Ksh 9 trillion in what is aimed at giving the National Treasury allowance to borrow …

Access Bank has brokered a deal with the investment firm Centum Investment Plc to procure the 83.4 per cent interest the latter holds in Nairobi based lender Sidian Bank making …

Kenya’s business confidence continues to decline two months before the General Elections scheduled for August 8, the Stanbic Bank Purchasing Managers’ Index (PMI) has revealed, noting that the issue has …

The Central Bank of Kenya Governor Dr. Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a shortage of dollars affects their …

Tea prices at the Mombasa auction below the set minimum price as demand remains subdued at the weekly trading with the onset of summer in key export markets. The price …

A Nigerian startup, HumanSquad automating immigration requests and processes, has raised an undisclosed amount in pre-seed funding. Tunde Omotoye, Co-founder and CEO of the company disclosed the news and says …

Beginning june 3, Swvl an Egyptian ride-hailing service says it will suspend the daily intra city rides in Kenya citing the global economic downturn. The firm which has operated since …

SeamlessHR hosted its partners in Nairobi, Kenya announcing a $10 million funding round in January. The company is ambitiously building to become Africa’s first billion-dollar SaaS Company and is moving …