Kenyan fruit juice tycoon Kimani Rugendo invests $2.3 million in breeding potato seed
Kimani Rugendo's Kevian Kenya has put Sh300 million into potato seed development, moving the juice maker upstream into agricultural inputs.
Kenya
Ghanaian tycoon Joseph Siaw Agyepong's $132 million Kenyan waste deal is challenged in court
Zoomlion holds waste contracts in Nairobi and Mombasa worth billions of shillings, and both are facing legal and procurement challenges.
Kenyan tycoon Wilfred Murungi's Mastermind Tobacco collapsed five years after his death
Wilfred Murungi founded Mastermind Tobacco in 1987 and built Kenya's second-largest cigarette maker. Its assets went under the hammer in 2025.
The Kenyatta and Ndegwa families have gained $166 million since agreeing to sell NCBA
NCBA shareholders selling to Nedbank have gained Sh21.4 billion as the South African bank's shares rose 9.5% since the offer was set in January.
Tanzanian billionaire Rostam Aziz puts his own chief of staff on Nation Media Group's board
Nation Media Group named six directors and lost four, months after Rostam Aziz bought the Aga Khan's 54.08% stake. One of them reports directly to him.
Wealthy Kenyan banker Gideon Muriuki is charged with fraud, not just failing to report it
Gideon Muriuki and Co-operative Bank face conspiracy to defraud counts alongside the failure-to-report charges halted by the High Court.
Kenyan politician Musalia Mudavadi is paying $29 million to buy back insurers he sold Barclays
An investment firm linked to Kenya's Prime Cabinet Secretary Musalia Mudavadi is buying Absa's stakes in two insurers for at least $29 million.
Kenya's Co-operative Bank, led by Gideon Muriuki, posts $139 million in half-year profit
Kenya's Co-operative Bank, led by Gideon Muriuki, lifted half-year net profit 28% to $139 million on higher interest and fee income.
Africa's richest man Aliko Dangote says his $16 billion Kenya refinery needs state protection
Aliko Dangote will fund 70 percent of his $16 billion Lamu refinery with debt and says it needs protection from cheap imports.
Kenyan banking multimillionaire Gideon Muriuki wins order blocking his arrest days before plea
A Kenyan judge barred police and prosecutors from arresting Gideon Muriuki, days before the Co-operative Bank chief was due to take plea.
Tanzanian billionaire Rostam Aziz's $130 million terminal threatens Kenya's LPG monopoly
Rostam Aziz's Taifa Gas is finishing a $130 million Mombasa terminal set to break a cooking gas market where two importers control 98% of supply.
Kenyan media mogul SK Macharia held in contempt of court in Directline dispute
Kenya's High Court has held media mogul SK Macharia in contempt for breaching orders in the long-running Directline Assurance ownership dispute.
Kenyan tycoons Ronald Karauri and Robert Macharia lose SportPesa control to anonymous UAE firm
A UAE-registered firm with no traceable owner holds 54% of SportPesa's Kenyan operator, cutting Ronald Karauri and Robert Macharia below 4%.
Mauritian tycoon Arnaud Lagesse bets on African consumers as IBL revenue tops $2 billion
Mauritian tycoon Arnaud Lagesse is steering IBL Group deeper into African consumer markets, where East Africa now supplies 37% of group revenue.
Billionaire Rostam Aziz's $124 million Mombasa gas terminal nears completion to break Kenya import duopoly
Tanzanian billionaire Rostam Azizi's $124 million Taifa Gas terminal in Mombasa is nearing completion, poised to break Kenya's cooking gas import duopoly.
Nigerian tycoon Tope Shonubi's Sahara Group wins 31-year Kenya gas terminal lease amid Senate probe
Kenya has leased state refinery land in Mombasa to Sahara Group's Asharami Synergy for 31 years, in a gas terminal deal now facing parliamentary scrutiny.