Kenya

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Kenyan Private Equity Firm Raises $155 million To Invest In East Africa

Catalyst Principal Partners, a Kenyan-based, East African focused private equity firm, has raised $155 million in its second round of funding, securing capital commitments from leading international and regional investors, as a successor to Catalyst Fund I, a $125 million fund raised in 2009. Source: Kenyan Private Equity Firm Raises $155 million To Invest In […]

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Total Number of Multi-billionaires in Kenya

Real estate firm Knight Frank published a report in March 2018 showing that Kenya created 180 new dollar millionaires in 2017 bringing the total number to 1290. Source: Total Number of Multi-billionaires in Kenya

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Kenya’s growth set to be boosted by $150m “next level” industrial park – News – GCR

Source: Kenya’s growth set to be boosted by $150m “next level” industrial park – News – GCR

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World Bank ranks Kenya among Africa’s best on human capital outcomes

Kenya has been ranked among Africa’s best performer on human capital outcomes in a World Bank survey. The Human Capital Index unveiled in Indonesia on October 11 puts Kenya at position 94 globally with a score of 0.52.  Seychelles was ranked 43rd globally with a score of 0.65 while Mauritius was rated 52nd with a score of 0.60. Source: World […]

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Kenya’s economic growth looking up: World Bank

GDP growth in Kenya will increase to 5.8 pc in 2019 and could rise to six per cent by 2020. Source: Kenya’s economic growth looking up: World Bank

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Kenya’s Latest Ranking in List of Richest African Countries

Kenya’s ranking has gone up by one place in the latest list of richest African countries with improved total wealth after the… Source: Kenya’s Latest Ranking in List of Richest African Countries

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Kenya ranked fifth wealthiest in Africa

But Mauritius tops the list of rich individuals with a net value of Sh3.3 million per person compared to Kenya’s Sh240,000. Source: Kenya ranked fifth wealthiest in Africa

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World Bank unit invests Sh20bn in Kenya firms

Kenya so far holds an IFC portfolio of investment to the tune of nearly a Sh100 billion ($1 billion) and this was on the increase. Source: World Bank unit invests Sh20bn in Kenya firms

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Why the world’s richest are turning to Kenya for luxury homes

Kenya has emerged the most preferred real estate investment destination in Africa for the continent’s super-rich, according to a new study that also shows that a quarter of Africa’s millionaires own property in the country. Source: Why the world’s richest are turning to Kenya for luxury homes

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EPC contracted for Kenya’s second largest wind farm

Kenya’s second largest wind farm, the Kipeto Wind Power Project, has secured a 22-month EPC contract, contributing 100MW of clean power once completed.

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Kenya economy grew by 5.7pc in Q1 2018: IMF – Capital Business

NAIROBI, Kenya, Aug 4 – Kenya’s economy showed signs of acceleration in the first quarter of 2018, growing by 5.7 per cent compared to 4.9 per cent same Kenya breaking news | Kenya news today | Source: Kenya economy grew by 5.7pc in Q1 2018: IMF – Capital Business

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Opportunity abounds in African apart-hotel sector

While the apartment hotel space is relatively new territory in Africa, with only a handful of significant players, great possibilities exist. Source: Opportunity abounds in African apart-hotel sector

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