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Kuramo Capital CEO, Wale Adeosun Kuramo Capital CEO, Wale Adeosun

Kuramo secures Sh65Bn as Kenya, Nigeria funds lead capital charge

Investment firm has closed financing from African pension funds and DFIs, marking a strategic shift from western funding.
Old Mutual Old Mutual

Investors back Old Mutual’s restructuring to protect future payouts

Restructuring involves the reduction of the firm's share premium account by transferring Sh4.67 billion from the account.
John Musunga John Musunga

Diageo picks John Musunga as Africa boss amid shift to 'light-asset' model

Since 2022, Diageo has divested brewery operations in Ethiopia, Nigeria, Ghana and Cameroon. Kenya exit is underway.
President William Ruto President William Ruto

Counties get Sh428 billion as devolution test looms

Amount is higher than the Constitutionally allowed 15 percent floor but less

Below the fold

Below the fold