East Africa misses out on private equity-backed IPOs
NAIROBI, KENYA, OCTOBER 9 —The East Africa region has not had a private equity-backed Initial Public Offer (IPO) in the ...
Tag: Africa
KQ in final touches, warms engines for first Kenya-US commercial flight
NAIROBI,KENYA,OCTOBER 9 —Kenya Airways is putting final touches on the scheduled inaugural flight from Nairobi to New York; a route ...
Phatisa announces first close of Phatisa Food Fund 2 at US $ 121.5 million
NAIROBI, KENYA, OCTOBER 6 — African fund management firm Phatisa has announced the first close of its successor fund to ...
Boost for Kenya’s blood bank as new system is launched
NAIROBI, KENYA, OCTOBER 5 — Lack of blood in Kenyan major hospital facilities could be a thing of the past ...
Africa; the next big thing for Kenya’s tourism sector
NAIROBI, KENYA, OCTOBER 5 — Kenya is counting on Africa as a key regional market of focus to grow her ...
Manufacturers worried over Kenya’s diminishing apparels industry
NAIROBI, KENYA, OCTOBER 2 — Manufacturers have raised alarm over a tough business operating environment in Kenya which has affected ...
UNCTAD: Africa must look to internal migration to boost development
Growth and development in Africa are pegged on boosting internal migration within the continent, a United Nations Conference on Trade and ...
IFC poured US$198.3 million into Kenya last financial year — report
NAIROBI, KENYA, SEPTEMBER 29 — The International Finance Corporation, World Bank’s private financing institution, invested US$198.3 million(about Ksh20 billion) in ...
Unga Group recovers from losses to post Ksh783 Mn profit after Uganda exit
NAIROBI, KENYA, SEPTEMBER 28, 2018 — Listed miller Unga Group has posted an after-tax profit of Ksh783.2 million for the financial ...
Russian Culture finds a new home in Africa
Russkiy Mir Foundation, a non-government and non-profit organization, has created a number of initiatives aimed at strengthening the Russian language ...
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