Herald Aloo

RT @allendreyfus_: Kenya’s private sector showed improved growth in the first quarter of 2025 driven by rising demand, but future confidenc…

Because of Eid holiday!!😅. ⁦@ENIBOY⁩ kindly gift Debt Management Office (DMO) a calendar on my behalf. ⁦⁦@TheAfricaReport⁩ https://t.co/QOukSmVHVB

RT @TheAfricaReport: 🇰🇪✈️ In the face of significant working capital constraints, worsened by the current negative equity position, Kenya A…

RT @allendreyfus_: Equity Group increased its dependence on regional subsidiaries in 2024, as weak economic conditions in Kenya dragged dow…

RT @allendreyfus_: The Central Bank of Kenya (CBK) is seeking to raise Ksh70 billion ($541.4 million) through the re-issuance of three long…

KCB Group CEO Paul Russo says KCB can absorb its current exposure in the DRC but warns that if clashes escalate, TMB’s financial performance may not contribute to the bank’s anticipated dividend.

The Africa Report @TheAfricaReport

Ongoing military clashes in the DRC have put KCB Group’s expansion to the test, disrupting 10% of its operations in the country in early 2025. Nevertheless, the Kenyan lender is still banking on its DRC, Rwanda, and Tanzania units to start paying dividends this year. https://t.co/TX4VdW1hJg

RT @TheAfricaReport: Africa’s largest bank, Standard Bank Group, is targeting 10% growth in market share in East African retail and SME ban…

RT @TheAfricaReport: As Tanzanian companies like Amsons Group and Taifa Gas push into Kenya’s cement and LPG markets, the economic rivalry…

RT @TheAfricaReport: Fintech giants pawaPay, Zuri Health and Flutterwave are gearing up to enter Ethiopia this year, eyeing strategic acqui…

RT @OfficePCS_KE: STATEMENT ON THE SITUATION IN THE REPUBLIC OF SUDAN. https://t.co/EXvN2HNbjR

Kenya’s debut diaspora bond is estimated at $200m-$500m. It’s market testing. World Bank’s MIGA to aid @KeTreasury draft key modalities, which will determine the final quantum. Bond offer slated for 2nd half of 2025/26 FY. By June 2025, the modalities will be out.

The Africa Report @TheAfricaReport

The World Bank is assisting Kenya to structure its first diaspora bond, which aims to raise $200m-$500m by 2026. The country earns more forex from diaspora remittances than its major exports, including coffee. https://t.co/BAdwSWY21T By @HeraldAloo

RT @TheAfricaReport: The United Arab Emirates - Kenya’s second-largest source of imports and sixth-largest export destination - is set to d…

Kenya joins #Ghana in granting all African countries free entry. Excludes Libya and Somalia over security concerns. ⁦@TheAfricaReport⁩ https://t.co/hKe5nnkkyN

RT @JulianPecquet: SCOOP: I got @SenateForeign Chair @SenatorRisch's letter to @SecYellen @USTreasury asking to condition @IMFNews bailout…