cbea

Kenya's fixed-income market has been experiencing growth and increased investor interest. Recent trends, such as the oversubscription of treasury bills auctions and the rising turnover in the IFB segment, indicate a positive outlook for the market. 

Kenya's fixed income market performance

To discuss the factors behind this decline and the promising trends in the venture capital landscape, CNBC Africa is joined by Farah El Nahlawi, Research Lead at MAGNiTT. 

Africa’s VC funding drops 57% in h1 2024 amid global, macroeconomic pressures

I&M Group PLC has reported a notable 24 per cent increase in profit before tax for the period ending June 30, 2024, to reach KES8.7 billion. 

I&M Group posts 24% profit before tax growth in H1’24

The Zamara Consulting Actuaries' 74th Investment Performance Survey reveals strong H1 2024 performance for Kenya's pension schemes, driven by fixed-income investments and recovering equities. 

Kenya’s pension funds: H1 2024 performance & investment strategies

The National Bank of Rwanda has announced a 50 basis points cut to its repo rate, bringing it down to 6.5 per cent. 

Assessing the impact of Rwanda's 50bps repo rate cut to 6.5%

In the evolving tourism sector, balancing business growth and sustainable development is essential. CNBC Africa spoke to Amos Wekesa, Founder of Great Lakes Safaris Limited, for more. 

How tourism events can boost local economies & community development

Fitch Ratings has downgraded KCB, NCBA, I&M Bank Limited, and their holding companies from 'B' to 'B-' with a negative outlook, reflecting their substantial exposure to Kenya's sovereign debt. 

Fitch Ratings downgrades Kenya's ratings to B-

Despite the Court of Appeal's earlier ruling declaring the Finance Act 2023 unconstitutional, the Supreme Court of Kenya has intervened, issuing a stay on the decision. 

Kenya's Finance Bill 2023 to remain in effect till next hearing

Estonia, a global pioneer in digital governance, and Kenya, a burgeoning tech hub, are forging a strategic partnership to accelerate digital transformation. 

How Estonia's digital governance expertise can accelerate Kenya's digital transformation

Kenyan equities market remained volatile this week, with daily turnover fluctuating between KES60.90 million and KES178.99 million. Safaricom emerged as a significant player, shaping overall market trends. 

Kenyan equities market review

Tanzanian manufacturers can now access $2 million in funding through a partnership between the Confederation of Tanzania Industries (CTI) and the UK government’s Manufacturing Africa program. 

$2mn funding boost for Tanzanian manufacturing sector

In a significant move aimed at expanding investment options in Tanzania, Alpha Capital has launched a new fund designed to cater to the growing demand for Shariah-compliant financial products. 

CBEA