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QuickMart's IPO: How A Major Investor Exit Is Opening the Door to New Investors
Kenyan supermarket giant Quickmart is preparing for a KSh15 billion ($116M) initial public offering (IPO), giving everyday investors a chance to own a stake in one of the country’s largest retailers. The offering comprises 2 billion shares at KSh7.50 each, representing 50% of the company, ahead of a planned Nairobi Securities Exchange listing on November 12, 2026. The offer closes October 30, marking a milestone for Kenya’s retail sector. Founded in 2006 by the late John Kinu

Spotlight In Africa
4 days ago2 min read


Kenya's First Local ETF Is Betting on Its Booming Banking Sector
Kenya is moving closer to launching its first locally created and locally domiciled exchange-traded fund. On September 9, 2026, the Nairobi Securities Exchange granted conditional approval for the WSA Banking Index ETF, following earlier approval from the Capital Markets Authority. Issued by Wall Street Africa and managed by Tradiam Asset Managers, the fund is targeting a Q4 2026 launch. The ETF will track the NSE Banking Sector Index, giving investors exposure to 11 listed K

Spotlight In Africa
Oct 172 min read


How A Kenyan Startup is Building African-Made Tech Solutions
Founded in 2020 by Kenyan embedded-systems engineer Boit Victor, Veno Autobotics is a hardware company developing Internet of Things, automation and custom electronics solutions for African markets. Its work spans circuit-board design, prototyping, sensor systems and cloud-connected platforms—helping businesses automate physical processes with technology built for local conditions. Its broader ambition is to position Africa as a producer, rather than simply a consumer, of adv

Spotlight In Africa
Sep 161 min read


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