AGP Executive Report
Last update: 8 hours agoRail Investment: The government has set aside Sh25 billion to compensate landowners along the Narok–Kisumu SGR route, where Kenya Railways says construction is gaining pace. The wider corridor is planned to include logistics hubs and value-addition facilities. Investment: Britam has launched two funds giving local investors access to global equities and diversified local and international assets. Kenya’s collective investment schemes held Sh948.7 billion in June, up 59.1% year on year. Markets and Banking: The NSE lost Sh96.3 billion in market value in September, falling to Sh4.12 trillion. Meanwhile, gross non-performing loans dropped by Sh41.85 billion to Sh646.35 billion, with the bad-loan ratio easing to 13.9%. Public Finance: The National Infrastructure Fund is investing its Sh340 billion seed capital in government bonds and targets about Sh42 billion in annual returns to support future projects. Digital Finance: M-KOPA says it has reached 10 million customers and record revenue of $600 million, as Kenyan fintech Cloud9 secured fresh backing that brings its total funding to $1 million.
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