New York, September 21, 2025 –  New York’s Times Square became the stage for Africa’s economic ambitions today as heads of state, business leaders, investors, and policymakers gathered for Unstoppable Africa 2025, the flagship forum of the Global Africa Business Initiative (GABI).  The gathering which took place at the Marriott Marquis, in Times Square, marked…

In the third interview in this series where The Kenyan Wall Street’s Fred Obura sits with senior executives at Superior Homes, Vincensia Otieno, Head of Workshop, speaks about how the workshop is critical to the real estate developer’s projects, combining technical precision with innovation and sustainability. The workshop is the backbone of our projects at…

Photographer: Riccardo Gangale/Bloomberg via Getty Images Foreign investors staged their sharpest exit of the year from the Nairobi Bourse in the third week of September, triggering the steepest market declines since April’s Trump tariff shock. Three weeks into September, cumulative foreign exits stand at KSh 4.67B, wiping out August’s KSh 1.65B inflows nearly three times…

Kenyan climate-tech startup SunCulture has raised US$5 million from WaterEquity, the first investment under the firm’s new Water & Climate Resilience Fund. “WaterEquity understands that water investments don’t fall into a single box – scaling water infrastructure can deliver both incredible impact and strong commercial returns. We’re proud to be the first investment from their…

Kenya’s National Treasury building is pictured in Nairobi, Kenya (Photo by Yasuyoshi CHIBA / AFP) The National Treasury disbursed KSh 13.84 billion in development funds by the end of August 2025, representing 3.4% of the KSh 407.1 billion development budget for the financial year 2025/26. The data, published in the Kenya Gazette, shows a shift…

The High Court has ordered the seizure and auction of EcoBank Kenya’s assets to recover KSh 284 million owed to the estate of former cabinet minister Mbiyu Koinange, escalating a landmark dispute that redefines banks’ obligations in managing estate accounts. “The onus of ensuring that the bank account is managed accordingly lies with the bank…

Kenya’s mobile money market steadied in the fourth quarter ended June 2025, breaking a long trend of shifting shares. Three years ago, in June 2022, M-Pesa commanded 96.8% of the market while Airtel Money held 3.1%. By June 2023, M-Pesa still led at 97.1% but Airtel had slipped to 2.8%. The turning point came in…

The Capital Markets Authority (CMA) has licensed Jipay Payment Solutions and Sycamore Capital as Intermediary Service Platform Providers (ISPPs). “These approvals mark an important step towards deepening capital markets participation, promoting savings and investment among underserved communities, and aligning with Kenya’s broader digital financial inclusion agenda,” CMA Chief Executive Officer FCPA Wycliffe Shamiah said.

The Communications Authority (CA) has changed how it measures TV subscriptions, shifting from cumulative sign-ups to “active subscriptions” — accounts that have generated revenue in the last 90 days. Direct-to-Home satellite services (DTH), where DStv, Azam, StarTimes and Zuku compete, had 602,706 subscribers, a 67.3% drop. Even the once-resilient MultiChoice, long the heavyweight in sports broadcasting,…

Photographer: Riccardo Gangale/Bloomberg via Getty Images The Nairobi Securities Exchange (NSE) has overhauled its derivatives market structure, reducing contract sizes for all single stock futures and recalibrating initial margin requirements. The exchange said the move was designed to improve accessibility for retail investors and smaller institutions by lowering the cash outlay per contract. In its…