Henry Rotich News

Lamin Manjang, Chairman of the Kenya Bankers Association (KBA)

Kenya sets sights on green bonds after mobile phone issue

Kenya aims to issue its first ‘green’ bond this year, the initiative’s backers said on Friday, bolstering the nation’s reputation for financial innovation after the government launched the world’s first mobile phone bond earlier this month.

Kenyans to trade government bonds from their mobile phones

Kenyans to trade government bonds from their mobile phones

Kenyans will soon be able to buy fixed-income government bonds from their mobile phones, a move that will deepen access to financial services in east Africa’s biggest economy while also giving Treasury a cheaper source of funding.

A man walks past the Orange shop on Koinange Street in Nairobi. Credit: businessdailyafrica.com

Private equity firm Helios launches bid for France Telecom stake in Telkom Kenya (Orange Kenya)

Helios Investment Partners is the latest suitor said to be gunning for some or all of the 70 per cent stake in Telkom Kenya owned by France Telecom.

SkyPower signs $2.2B agreement to build 1 GW of solar energy projects in Kenya

SkyPower signs $2.2B agreement to build 1 GW of solar energy projects in Kenya

SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of 1 GW of world-class solar projects to be built in four phases in Kenya over the next five years.

Nairobi Securities Exchange (NSE)

Nairobi Securities Exchange Valued at 1.84B Shillings ($21M) for IPO

Kenya’s stock exchange will be valued at 1.84 billion shillings ($21 million) after listing its shares in an initial public offering, Chief Executive Officer Peter Mwangi said.