Kenya gets $750 mln World Bank loan to help recovery from COVID-19 effects
Kenya has received a $750 million loan from the World Bank to support its budget and help the East African economy recover from the effects of the COVID-19 pandemic. The Kenyan government has been... Read More →
IFC to Invest KSh215 Million in Nairobi Based Antler EA
The International Finance Corporation (IFC), which is part of the World Bank, plans to invest up to $2 million (KSh215 million) in Antler East Africa, a venture capital firm based in Nairobi. The funds will primarily be invested in pre-seed... Read More →
Property developers freeze fresh investments on low gains and occupancy
Ascent Capital, a PE based in Nairobi stated that it will not invest in Kenya’s real estate sector for the short term. Their view is that lot of capital has been catalyzed to invest in real estate and there is... Read More →