Aly-Khan Satchu News

Nairobi to Mombasa high-speed railway opens

Nairobi to Mombasa high-speed railway opens

East Africa is now more accessible than ever. After two years of construction, Kenya’s largest infrastructure project since independence, a $3.8 billion Chinese-built high speed railway, is up and running.

afaricom hopes to spread across Africa. Credit: Reuters/Noor Khamis

Safaricom is planning to expand M-Pesa mobile money across Africa

Safaricom is planning to take its successful mobile money service M-Pesa across Africa after building a dominant home base in Kenya and presence in its East African neighbors.

Two Rivers - Kenya

Check out these four mega mall developments soon to be launched in Africa (Photos & Videos)

It’s one of the clearest expressions of the growing middle class in many African countries — a burgeoning demand for shopping malls, each more lavish than the one before.

Change of pace: growing numbers of young Africans have flourishing businesses — Bloomberg/FT

African Entrepreneurs - A new generation leads the way: Financial Times (Report)

Start-ups are thriving and helping to change perceptions of business in Africa. As ever-increasing numbers of cars clog the streets of African cities, trade flourishes along congested highways.

McDonald's Kenya

Global fast food chains race to set up shop in Kenya (Video)

While South Africa is the largest market in Africa for the international fast food brands, it is not the only target. In Kenya, there is a quiet change going on and while local restaurants do not feel threatened yet, analysts say it is only a matter of time.

Kenyan President Uhuru Kenyatta

Kenya's President Kenyatta said to be considering Haron Sirima as next Governor of the Central Bank of Kenya

Haron Sirima, Deputy Governor of the Central Bank of Kenya, is the favorite to succeed current Governor, Njuguna Ndung’u, when his term expires on March 3, according to two people with knowledge of the discussions.

Johannesburg Stock Exchange (JSE)

More African companies seek exchange listings

South Africa may have lost its title as Africa’s largest economy to west African powerhouse Nigeria, but it outstrips the rest of the continent in terms of the size and depth of its capital markets, the scale of its corporate sector and the development of its infrastructure.