
According to TechTrends KE, South African firms have announced over Sh400 billion in acquisitions, raising questions about their investment focus on Kenya. This trend is attributed to Kenya's economic growth, as East Africa is reportedly outperforming many larger African economies. The recent transactions indicate a strategic interest in the region by South African companies.
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South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.
Sharp Daily·June 22, 2026 at 6:52 AM
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Sharp Daily·July 3, 2026 at 12:16 PM
According to Soko Directory, South Africa continues to play a significant role in Africa's wealth landscape, but its dominance is gradually decreasing. The report highlights that East and West Africa are emerging as key contributors to the continent's next wealth boom.
Soko Directory·June 24, 2026 at 8:40 AM
According to Daily News, global investors are increasingly choosing Tanzania as a strategic investment destination due to its political stability, access to regional markets, abundant resources, reliable infrastructure, and a supportive government. These factors are seen as more significant than just tax incentives, making Tanzania an attractive option for international manufacturing companies.
Daily News (TZ)·June 25, 2026 at 6:50 AM
East Africa's tourism sector is experiencing significant growth, with Kenya receiving 2.7 million international visitors in 2025, up from 2.39 million in 2024. This 12.97% increase has led to a record tourism revenue of Sh500 billion. Experts suggest that enhancing tech infrastructure could further boost this growth, addressing challenges such as fragmented booking systems and reliance on cash transactions.
Business Today (KE)·June 24, 2026 at 7:34 AM
Kenya's Nairobi International Finance Centre (NIFC) has attracted Sh25.8 billion ($200 million) in new investments from 15 newly certified companies, indicating positive outcomes from the tax reforms implemented under the Finance Act 2025. This development supports Kenya's goal of establishing Nairobi as a regional financial hub and highlights the growing interest of international businesses in the area, according to TechTrends KE.
TechTrends KE·July 4, 2026 at 2:35 PM