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Ugandan authorities reduce electricity rates

Burundi new forex laws hurt traders

Kenya to boost trade with Ethiopia

Tanzania: The next big Sub-Saharan energy hub

AfDB approves the funding of Kenya longest dual-carriage highway

US ban Zimbabwe’s diamond import, government protests

Tanzania’s Oil and Gas Congress opens up new investment horizons

Can Tanzania secure billions through Oil and Gas?

Tanzania’s 3rd Oil and Gas Congress: How Magufuli is opening up Energy Investment
Investing
Ethiopian Airlines eyes stake in South African Airways

Past and present poverty elimination efforts and existing potential in Tanzania

Toyota South Africa invests R454m in minibus production

Top hospitality investment markets in Africa

Kenya loses sports-betting giants, SportPesa and Betin

China tops investments in Uganda

Rwanda gets $20 million for clean water programme

Top 10 countries to invest in Africa 2020

How Poland and Tanzania plan to improve the water sector
Money Deals
Staff layoffs loom at Sanlam Kenya despite profitability

Inside Kenya Airways wrangles

Kenya’s insurance premiums hit US$1.13 billion mark

Mobile-based pension scheme launched for Kenya’s informal sector

Kenya push for closure of ivory trade

Mobile Money platform in S. Sudan shapes job market

Economic Impact of Non-Communicable Diseases in East Africa

Why Kenya’s insurance sector is “rotten”

How risk-based pricing can help borrowers, lenders in Kenya
Stock Markets
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Why NSE profits have dropped 82%

Bear run continues at NSE with drop in key index

All eyes on NSE as futures trading kicks off

NSE trade more than doubles as market breaks

NSE gets green light for Derivatives Market

Kenya’s security market regulator moves to tame fraud

NSE opens week with low share volumes

UK firm kicked out of Nairobi Securities Exchange

Low volumes mark opening of Nairobi Securities trading
Tech & Biz
By Country
The future of Tech Industry in Africa looks bright

Uganda cuts policy rate to support economic growth

Ethiopian Airlines eyes stake in South African Airways

Inflation decreases as food stocks increase in Tanzania

Stanbic Bank entangled in regional airlines’ dark future

KLM eyes bigger share of East Africa aviation market

DTB joins Mastercard, DPO Group to extend digital payments to global markets

Ugandan authorities reduce electricity rates

Rwanda’s solar energy receives $9 million boost
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Opinion

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Ethiopia and Mauritius attract leading M&A law firm Bowmans

by Kimani Chege

September 27, 2019

Kenya homegrown investors joins Chinese VCs to grow health sector

August 14, 2019

BIC continues African growth with acquisition of Nigerian outfit

Hunt for Uganda’s Cobalt heightens as Australian Jervois completes Cobalt merger

Home Category Mergers & Acquisitions

Mergers & Acquisitions

Kenya’s growing gaming sector attracts UK’s Tenlot Group

by Kimani Chege

International lottery and gaming operator Tenlot Group has acquired an 85 per cent stake in Kenya Charity Sweepstake (KSC), the...

Havar Bauck(Left) and Winnie Kimathi (Right)

Mergers & Acquisitions

Kenyan companies leads with travel-tech for hotels in Africa

by Kimani Chege

Cloud9xp, leading online marketplace, booking service and distributor for leisure experiences with a Kenyan base has announced that they have...

ARM Cement has signed a USD50 million deal for the transfer of its business to Devki Group’ National Cement Company Limited. The deal involved acquisition of all cement and non-cement assets and business of ARM Cement PLC in Kenya. ARM Cement and its subsidiaries currently have operations in Kenya, Tanzania and Rwanda. Listed on the Nairobi Securities Exchange (NSE), ARM Cement was placed under administration last year (August 17) after it failed to meet its creditor obligations.

Why ARM Cement has been sold for $50 million

by Chacha Mwita

ARM Cement has signed a USD50 million (Ksh5.1 billion) deal for the transfer of its business to Devki group’ National...

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