African Business News
Kenya has been #1 destination in East Africa for private equity investments over past seven years
Kenya continued its dominance in the region’s private equity industry with the country accounting for more than 60 per cent of private equity deals recorded in the East African region.
Uganda Wants More Chinese Investment
Kampala — The government recently expressed appreciation for Chinese support in helping develop infrastructure in the country and asked for more.
KENYAN RETAILER UCHUMI PLANS 12 NEW STORES IN EAST AFRICA REGION THIS YEAR
Kenya’s Uchumi Supermarkets plans to open a dozen new branches across East Africa this year.
This is in order to capture the growing number of middle class spenders in the region, its chief executive officer said on Friday.
Kenyan govt to install 1,600 km of fibre optic cable in 2015
Kenya's ICT ministry says it plans to roll out an additional 1,600 kilometres of fibre optic cables later this year as part of the National Optic Fibre Backbone Infrastructure (NOFBI) project.
