The raise in local currency reduces risks for @SunKingGlobal and strengthens local markets; it comprises funding of $125 million by @citi, @StanbicKE, @KCBInKenya, @AbsaKenya & @Coopbankenya and $31 million by @BritishIntInv, @FMO_development & @norfund.

Congratulations, Team @OxygeneMCL, on attaining your 10th anniversary.

A bank whose account I closed years ago still sends birthday wishes and SMS's re-invites. The insurance company I've used for a decade has nothing. It's their agent who sends the annual policy renewal reminder by email to ensure they get a commission.

Well done to SBM and Pesalink for making inter-bank transfers in Kenya almost ($0.16) free.

Kalahari, a Mauritius investment vehicle associated with Amsons (new Bamburi owner), to buy shares the former owned at East African Portland Cement (through AIC & Cementia) for Kshs 719 million. Kalahari does not intend to delist EAPC from the NSE #inthepapers.

RT @AmbokoJH: East African Breweries bumps up its full year dividend by 14.3% y/y to Kes 8.0/share (final dividend at Kes 5.50/share) as co….

Sun King closes a Kshs 20 billion ($156M) securitization, the largest in Sub-Saharan Africa outside SA, to bring pay-as-you-go solar kits and devices to 1.4 million Kenyans. The deal was arranged by Citi & Stanbic and backed by 5 banks & 3 DFIs.

RT @NewTimesRwanda: “I may not be good at sports or business, but I’ve learned how to support those who are and create the conditions for t….

RT @Lesuuda: I was stuck in traffic for sometime earlier this evening and running late for a meeting and I decided to walk to the venue sin….

RT @VictorOladokun: Nigeria and Africa's Hidden Role in the Global Luxury Leather Goods Business .- by Victor Oladokun. 🌍 Did you know that….

The Botswana Government, which owns 15% of Anglo America's De Beers diamond business, plans to bid by August to take full control of the $4.9 billion firm.

Congratulations Team @ApertaCura in the Stanchart Bank #FuturemakersWomenInTech.

RT @vincenzolandino: Audi F1 team picks up a title sponsor in Fintech firm @RevolutApp.

RT @agmutambo: #Tanzania bans foreigners from running these businesses:

RT @PIF_en: The London E-Prix final was both an electrifying fan experience, and a showcase for new transport tech. As Principal Partner of….

Kenya's Cabinet ratifies the transfer of Amboseli National Park to the County Government of Kajiado, fulfilling a presidential directive after a petition by the Maasai community. (Via PR).

RT @CentralBankSo: 𝐓𝐡𝐞 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐨𝐟 𝐒𝐨𝐦𝐚𝐥𝐢𝐚 announces that effective 1 Sept 2025, all bank new account openings in Banadir Region requir….

South Africa (with Kyalami and Cape Town), Rwanda and Morocco have all announced their intention to launch an Africa #F1 race hosting bid. Now Nigeria has joined the list with a planned circuit in Abuja.

RT @DanOder0: Drone ownership process reminds me of the days we had to get clearance from DoD to buy a topographic map last published in 19….

Iran receives five Boeing 777s from a Madagascar-registered firm that was bringing them from storage in China to Kenya for maintenance, but instead flew them to Cambodia and on to Iran.