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AfricaMoney | October 16, 2017

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Kenya: Forbes Africa Celebrates James Mwangi

December 17, 2012 | Dr James Mwangi, the CEO of Equity Bank, was on Tuesday night feted at a dinner party in celebration of his winning the 2012 Forbes Africa Person of the Year award at a ceremony held earlier this month in Lagos, Nigeria. The dinner held at the Hilton Nairobi was hosted by Forbes Africa, and saw M...
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AfDB Approves New Funds for Ethiopia-Kenya Power Project

December 11, 2012 | Photo: Gabriel Negatu Addis Ababa — The African Development Bank (AfDB) has approved a loan agreement amounting US$115 million to finance the construction of a cross-border electricity highway running between Ethiopia and Kenya. According to a press release issued by AfDB on...
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Investment in power sector can improve growth and competitiveness in Kenya

December 8, 2012 | December, 2012: Agreements for the Triumph Power Generation Company, a new independent power producer, were signed this week between the Government of Kenya, Kenya Power, JP Morgan Bank, and the World Bank for a $45 million Partial Risk Guarantee (PRG).  The PRG will mobilize $140 million in privat...
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CFC Stanbic Bank Launches Millionaires Service

December 5, 2012 | CfC Stanbic Bank Managing Director, Greg Brackenridge CfC Stanbic Bank has launched an exclusive service for dollar millionaires in Kenya for the East Africa region. The private clients service targets high net worth individuals with investable assets in excess of Sh85 million ($...
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AfDB Invests $43.7 Million in Kenya’s Higher Education Sector

December 3, 2012 | November 2012: The African Development Bank has approved a US $43.7 Million loan to the Kenyan Government to enhance education and training institutions and develop skills needed in the changing labor market. The Loan, approved on 14 November, will also help the university system to build capacity t...
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New MD for Barclays Bank of Kenya

November 29, 2012 | Nairobi — Barclays Bank of Kenya has appointed Jeremy Awori as Managing Director to take over from Adan Mohammed who has been promoted to oversee the bank's administrative functions in Africa. A statement from the bank said the changes take effect on February 1, 2013. Awori joins Barclays from ...
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Kenya’s Bold Move to Improve Performance in Delivery of Judicial Services

November 20, 2012 | November  2012: Kenya has embarked on a major transformation of its judicial system to improve key functions to promote better administration of justice and delivery of quality legal services to court users. Read More

Private Investors to Raise Stake in Financing Kenya’s Infrastructure

November 20, 2012 | WASHINGTON, November 15, 2012:  The Government of Kenya is seeking to extend and deepen its partnership with the private sector to raise more private investment and expertise to accelerate infrastructure capital formation. Read More

Kenya shares rally on Safaricom

November 16, 2012 | Nov ember 2012 -  Reuters reports that “Kenyan shares extended a three day rally on Thursday, spurred by foreign investor interest in leading telecoms firm Safaricom.” The company is one of the most traded organizations in the Nairobi stock exchange. Source: Reuters Click on the following...
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Western Union and Ecobank Launch Internet Account Based Money Transfer (ABMT) service in Kenya

November 16, 2012 | Ecobank customers in Kenya will have access to the Western Union® Money TransferSM service via their bank accounts Western Union a global leader in payment services, and Ecobank Transnational Incorporated (Ecobank), a leading financial services group in sub-Saharan Africa, today annou...
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Kenya Airways signs code share with Vietnam Airways

November 15, 2012 | November 2012 - Kenya Airways has entered into a code share agreement with Vietnam Airlines as it works towards expanding its footprint in the South East Asian market. The agreement is expected to provide a framework for partnership between Kenya Airways and Vietnam Airlines that w...
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