In 2024, Africa’s private capital investment landscape has seen remarkable growth, with Kenya and South Africa emerging as the continent’s frontrunners. These two nations have become the epicenters of venture capital, private equity, and other forms of private investments, driving innovation, job creation, and economic transformation. But what’s behind this surge? Why are Kenya and…
Nairobi Kenya: The Nairobi Securities Exchange (NSE) has set an ambitious target to bring in 9 million retail investors over the next five years. The plan, launched in early 2024, seeks to revive activity in the stock market by making investments more accessible to ordinary Kenyans and the diaspora. Currently, out of the 1.5 million…
Kenya’s Capital Markets Authority (CMA) has approved six new unit trust funds, underscoring its efforts to expand the diversity of investment opportunities in the country. This move is part of a broader strategy to deepen capital markets and encourage greater public participation in financial investments. Overview The newly approved funds include offerings from several prominent…
Stanbic Bank Kenya has made a bold move by entering the asset management sector with the launch of its Money Market Fund. This strategic initiative is expected to redefine the financial landscape in Kenya, offering both retail and institutional investors a chance to access low-risk, high-liquidity investment opportunities. By tapping into this sector, Stanbic is…
Eldoret’s recent elevation from a town to a city is more than just a change in designation—it’s a transformative moment with wide-ranging implications for its residents and those looking to invest in the region. This milestone is set to reshape the landscape, bringing opportunities and challenges that will define Eldoret’s future. Why Eldoret’s New Status…
