Peter Mwangi News

Africa's rising middle class

Africa's burgeoning middle class causing boom in consumerism (Video)

Africa’s burgeoning middle class is providing a boost in demand for consumer goods.

Nairobi Securities Exchange (NSE)

Nairobi Securities Exchange (NSE) IPO raises $7M for expansion

The Nairobi Securities Exchange (NSE) has raised 627 million Kenyan shillings ($7.1 million) for expansion in an oversubscribed initial public offering as part of plans to demutualise the bourse.

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.