Cement manufacturer ARM Cement Limited has agreed to a Sh14 billion (US$140 million) equity investment from CDC Group – touted to be one of the largest Foreign Direct Investments (FDI) into Kenya.
The investment by CDC, the UK…
By Brian Yatich
Paint maker, Crown Paints targets to grow its balance sheet by up to Sh8billion this year buoyed by favorable market conditions and demand for its products.
The company made the announcement yesterday during the…
By Steve Umidha
Kenyan entrepreneurs still face regularity complexity and unnecessary delays to get their businesses started.
Although regulations in Kenya are not among the worst for existing companies, would-be entrepreneurs still…
By Steve Umidha
The Numbers
As at Dec2015, Kenya’s total debt stood at Sh3.2 trillion compared to Sh 0.6 trillion in Dec 2000. The composition of the debt is both domestic, external
Government has pursued several means…
By Gloria Lihavi Aradi, in Zambia
Transaction is USAID’s largest Power Africa transaction to date
Standard Chartered continues to deliver on its commitment to bridge Africa’s power gap by facilitating, coordinating and arranging…
By Monica Muema
The Treasury has dismissed allegations that the national government has not disbursed Sh20, 000 to families whose relatives died in the collapsed residential flat in Huruma, Nairobi three weeks ago to offset burial…
By Brian Yatich Tirok
Jubilee Insurance has paid out a Group Personal Accident claim of Sh 341,277,840.00 to Kenya Defence Forces (KDF) which will go to families of affected soldiers killed in El-Adde attack in Somalia.
The…
By Steve Umidha
Solar company, Solarcentury is set to install London Distillers’ plant in Athi River with1MWp roof solar system, the first to be undertaken by a manufacturing firm and the largest solar project in East Africa.
…
By Steve Umidha Enwealth Financial Services has appointed Mr. Nelson Kuria as the Chairman of its Board.
Kuria is the former Group Managing Director of Co-operative Insurance Group (CIC) and has over 33 years'…
To all our clients and readers kindly note that the person pictured (Jeff Kizillah Omondi) and his accomplice who goes by the name LOME are NOT and have NEVER worked with The African Business Fortune Ltd and as such should not transact any…
