Egyptian Investment Bank, EFG-Hermes is set to begin operations in Kenya after being awarded brokerage and trading licence.
The Cairo based bank targets a market share of 5 percent in its first year of operation and up to 15 percent by…
The Energy Development Corporation Limited (EDCL) is calling for a diversified power generation strategy to ease access to electricity and increase the country's generation capacity.
This was highlighted by the company’s managing…
Cameroon formally launched the construction works for the 30MW Lom-Pangar Hydroelectric Dam project in the Belabo sub-division of the East Region.
The President of the African Development Bank (AfDB), Akinwume Ayodeji Adesina, was…
The boards of Kenya’s corporate companies have been trying to shed their image as nearly all-male clubs, with more women today fast taking up slits on boardrooms.
But while the figures may be improving, the number of women chairing…
Kenyan real estate company, Optiven limited Monday said it will expand operations in Rwanda with an an aim to replicate local success in that country.
Optiven which also has operations in South Africa, said those plans are already…
South African state-owned power utility Eskom has refuted weekend media reports concerning its financial sustainability.
“Due to limitations around disclosing financial information before the official announcement, which is scheduled for…
UK-based life insurance company Prudential plc. has acquired majority stake in Nigeria’s Zenith Life to form an exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana.
The acquisition and bancassurance partnerships…
Equity Bank Kenya has been assigned first time ratings by Moody’s Investors Service with a stable outlook based on the Bank’s strength.
The global local currency rating captures the Bank’s strong credit profile which is closely aligned…
Kenya’s President Uhuru Kenyatta Wednesday presided over the official ground-breaking of a new Sh15 billion Kenya Breweries Limited (KBL) plant in Kisumu which will become operational within the next 2 years.
The ground-breaking ceremony…
///By Monica Muema
The Sanlam Group has announced that it has received all regulatory approvals for the acquisition of a majority stake in PineBridge Investments East Africa Limited in Kenya (PIEAL, following the fulfilment of all…
