Kenya
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Kenya’s coffee earnings nearly double on back of improved production, prices
KENYA – Kenya’s coffee earning for the month of January 2021 reached Ksh. 5 billion, a 94% rise from the Ksh2.6 billion attained in January…
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Kakuzi’s parent company issues US$6.3m worth of settlements following alleged human rights abuse
KENYA – The Brirtish owner of the vast Kenyan plantation company, Kakuzi Limited has undertaken financial compensation to the 85 victims of alleged rape and…
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KWAL breaks ground on new US$36.5m ultra-modern manufacturing facility, eyes bigger market share
KENYA – Kenyan manufacturer and distributor of alcoholic and non-alcoholic beverages KWAL, has started construction of its new Ksh. 4 billion (US$36.5m) ultra-modern manufacturing facility…
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Financial service group UBA in fresh bid to sell struggling Uchumi’s land on old debt
KENYA – Troubled Uchumi Supermarkets is in hot soup as UBA Bank, a Nigerian pan-African financial services group operating in Kenya, is seeking to sell…
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Kenyan agritech start-up SunCulture clinches US$11m syndicated loan to expand its operations
KENYA – SunCulture, supplier of solar powered irrigation systems headquartered in Kenya has to its disposal a US$11m syndicated debt facility to enable it disseminate…