Acorn eyes Nairobi’s young workers with new Sh2.2b housing project

Acorn Holding Limited Chief Executive Officer (CEO), Edward Kirathe (front left) and U.S. International Development Finance Corporation’s (DFC) CEO Scott Nathan present documents after signing a USD 180 million (KES 23.6... Read more »

EU calls for cooperation on landlocked countries’ sea access

NAIROBI, Kenya, Nov 19 — The European Union Ambassador to Kenya, Henriette Geiger, has weighed in on a new debate on on landlocked countries’ access to the Indian Ocean urging cooperation to... Read more »

China, Germany reach key outcomes in financial dialogue

BEIJING, China, Nov 19 — China and Germany have reached a series of outcomes during high-level financial talks in Beijing, a clear signal that both countries are moving to ease recent trade... Read more »

Why insurers are now betting against the national grid

Home appliances are now protected against power surges and accidental damage as Kenya faces rising grid instability. As Kenya’s household appliance market grows rapidly, insurers are offering new ways... Read more »

China rejects Japan’s UNSC bid over provocative Taiwan remarks

BEIJING, China, Nov 19 — China, a permanent member of the Security Council, on Tuesday pushed back against Japan’s bid for a permanent seat, saying Japan’s recent comments on Taiwan show it... Read more »

Wiper’s Kalonzo campaigns for DCP candidate in Magarini

Wiper Leader Kalonzo Musyoka leads the United Opposition campaigns in Magarini Constituency for DCP candidate Stanley Karisa Kenga. [Dennis Kavisu, Standard] Wiper leader Kalonzo Musyoka has said that a win for the opposition... Read more »

Kenya: Ignore Fake Statement Explaining Why Kenya’s Ex-Deputy President Gachagua Hasn’t Visited Late Politician Odinga’s Home

Ignore fake statement explaining why Kenya’s ex-deputy president Gachagua hasn’t visited late politician Odinga’s home IN SHORT: According to a statement circulating online, former Kenyan deputy president Rigathi Gachagua hasn’t visited the... Read more »

Africa: MCB Leads $400mn Syndicated Facility for Karpowership’s Africa Operations

Nairobi — The Mauritius Commercial Bank (MCB) has arranged and closed a $400 million syndicated facility for Sea World Energy Holdings Limited, the affiliate consolidating Karpowership Group’s operations across Africa. MCB served... Read more »

Kenyan lenders rethink trust and access in collateral-free credit

Kenya’s long-entrenched dependence on collateral and guarantors in its credit markets is facing new criticism as lenders re-examine what truly drives repayment performance. For decades, the two requirements have been treated... Read more »

Kenya: Sonko Confronts Son-in-Law Over Wife Battering After Breakfast Feud

Nairobi — Former Nairobi Governor Mike Sonko on Monday confronted his son-in-law after allegations emerged that he physically assaulted Sonko’s daughter during a domestic disagreement. According to a video shared on Sonko’s... Read more »