Tullow Oil plc has reached a significant milestone in its asset portfolio restructuring with the signing of a heads of terms agreement to divest its Kenyan interests for a total minimum consideration of $120 million. The agreement, made through its wholly-owned subsidiary Tullow Overseas Holdings BV, will see Tullow transfer full ownership of Tullow Kenya […]
The British High Commission in Nairobi has announced a USD $5.2 million (KSH 667 million) fund aimed at supporting over 10,000 Micro, Small, and Medium Enterprises (MSMEs) in Kenya. This initiative is part of the UK’s ongoing commitment to long-term investment solutions that drive growth and job creation in the country. The Listed SME Debt […]
Kenya’s Deputy President Rigathi Gachagua is now facing an impeachment trial, marking a critical moment in the country’s political landscape. The trial, which began on Wednesday in the Senate, follows a decisive vote in the National Assembly last week, where an overwhelming majority approved his impeachment. The process will determine whether Gachagua will be removed […]
Kenyan middle-distance runner Kipyegon Bett, who struggled with health issues in recent years, has tragically passed away at the age of 26 due to complications related to renal and hepatic failure. Bett first gained prominence as a champion at the 2016 U20 World Championships in Bydgoszcz, Poland, where he was celebrated as one of Kenya’s […]
