Mauritian conglomerate IBL Group expects to finalise its acquisition of a stake in Nairobi-based pharmaceuticals distributor Harley’s by the end of this month. The deal, disclosed...
The Stock Exchange of Mauritius (SEM) has opened its market platform to Kenyan investment banks and stockbrokers, potentially offering new offshore investment opportunities. SEM’s CEO, Sunil...
Mauritian conglomerate Rogers Group has acquired Rongai Workshop & Transport Limited through one of its subsidiaries Velogic Logistics as part of its regional expansion strategy. The...
NCBA Bank Kenya has reportedly lent $10.7 million (Rs470 million) to Mauritius-based real estate firm Grit Services Limited in the year ended June, becoming the second...
A Mauritian firm is set to acquire a controlling stake in Kenya’s Savannah Cement. Barak Asset Recovery Limited has reportedly started the process of acquiring a...
Mauritius-based lender, SBM Bank Group has refuted claims it plans to leave Kenyan market through the sale of its local subsidiary SBM Bank (Kenya). In a...
The sale of a 40 % in Kenya’s Naivas supermarket in June to a consortium of international investors, including Mauritius-based conglomerate IBL Group, valued the chain...
Mauritius is at an advanced stage of sealing an import deal with Kenya for shipment of day-old chicks. Kenya’s annual chicken exports are valued at Ksh27.3...
Following an earlier announcement, IBL’s subsidiary, Mambo Retail Ltd has entered into a share purchase agreement for the acquisition of a stake of 40.0% in Naivas...
Can an annoyed Mauritius stop unsolicited ratings by global firms by requiring them to seek regulatory approvals before ranking the sovereign or banks’ debt portfolios? It...
