Kenya
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Carrefour Kenya plans to enter lakeside market with a bang, set for twin openings
KENYA – Carrefour Kenya, operated by Dubai-based conglomerate Majid Al Futtaim, is set to open two branches in Kenya’s third largest city, Kisumu, in pursuit…
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Kenyan based aquaculture entity Victory Farms ropes in new investor, gets multi-million-dollar backing
KENYA – East Africa’s largest commercial fish farm, Victory Farms, has received a multi-million-dollar mezzanine debt investment from social impact investor specializing in the African…
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Kenyan retail startup MarketForce raises US$2m series A funding round, eyes Nigerian market
KENYA – Kenyan retail-tech startup MarketForce, has undertaken a Series A funding round, raising US$2 million to scale up operations. Existing investors such as P1…
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Kenya to develop US$5.5m embryo transfer facility to improve local cow breeds, heighten milk production
KENYA – The government of Kenya is seeking to establish a KSH 600 million (US$5.5m) embryo transfer facility in Eldoret, as part of its plan…
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Kenya’s coffee exports benefit from lucrative markets, premium prices fetching US$203m in 2019/2020
KENYA – Kenya’s coffee variety has continued to attract buyers across the globe fetching Ksh22 billion (US$203m) in the 2019/2020 Market Year from the export…