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Startup funding in Africa in 2024 Startup funding in Africa in 2024
Markets•

Green deals propel Kenya to top Africa with Sh82.6Bn in startup funding

In 2024, Kenya beat giants South Africa and Nigeria in attracting startup funding, securing $638m (about KES82.6Bn) powered by green financing.
Kenya PMI December 2024 Kenya PMI December 2024
Markets•

Private sector sees December uptick, but 2025 optimism fades

New orders, output and jobs in Kenya's private sector improved for the
USD Kenya USD Kenya
Markets•

Festive cheer for the Kenya Shilling as it gains strength

The Kenya Shilling has strengthened against the US dollar to trade at 129.29 as
HF Group HF Group
Markets•

HF Group oversubscribed rights issue nets Sh6.4 billion

HF Group Plc has received KES6.4 billion in an over-subscribed Rights Issue,

Below the fold

Below the fold

NCBA Group PLC MD John Gachora
Markets•

NCBA Group Nets Sh15.1 Billion Profit in Q3

Oparanya
Markets•

Kenya’s MSMEs eye regional growth with EAC market entry

IMF-3
Markets•

IMF okays Sh78 billion lending for Kenya

HF Group2
Markets•

Housing Finance Group gets CMA nod to raise Sh6Bn

Kenya Power CEOa
Markets•

Surging sales and new tariffs spark Sh30Bn profit for Kenya Power

BURN CEO Peter Scott 1
Markets•

BURN secures Sh1.9Bn to boost clean cookstove access

Mobile phone KE
Markets•

Mobile phones face blacklisting as CA targets tax cheats

JPMorgan 1
Markets•

Kenya approves JPMorgan office as CEO preps Africa visit

MOGO
Markets•

Asset financier Mogo fined Sh11M for duping customers

Absa Foundation
Markets•

Absa Bank Kenya Foundation in a bold plan to drive greater social impact

GEn Za
Markets•

UWG Africa and Kasi Insight unveil Gen Z playbook for Kenyan brands

Crushing of Illlict Alcohol
Markets•

Illicit goods worth Sh6Bn pulled from Kenyan markets