Blog entries from: Bankelele

Nairobi writer on Banking, Finance, Technology, and Investments

1 to 10 of 10

April 9 2014

From Bankelele Wed Apr 9 2014, 15:18:00

Arguably, the President was probably wrong when he said during a TV interview on the one year anniversary of his government, that their biggest achievement was free maternal health care.

A better answer was probably their introduction of Huduma (swahili for service) Centres in the country. Huduma Centres, which are at two post offices in downtown Nairobi, are offices where citizens can access a whole range of government services that they would previously have to visit a dozen different offices over several days to complete.

[view whole blog post ]

April 6 2014

From Bankelele Sun Apr 6 2014, 13:58:00

On April 5, Kenya Airways (KQ), received, The Great Rift Valley - their first Boeing 787-8 Dreamliner aircraft in Nairobi.

[view whole blog post ]

March 27 2014

From Bankelele Thu Mar 27 2014, 04:12:00

Monday this saw the signing of final agreements for the financing of the Lake Turkana Wind Power - LTWP project. This was the completion of a long, 9 year process that began with a fishing on trip on Lake Turkana, that yielded no fish, but a lot of wind on boat trip.

The signing of finance deals worth 498 million euros (~ Kshs. 60 billion), will go towards LTWP which at Kshs. 75 billion is arguably both, the largest single wind power plant in Africa and, the largest single private investment in Kenya.

[view whole blog post ]

July 17 2013

From Bankelele Wed Jul 17 2013, 15:13:00

New, ongoing, and concluded opportunities.

Acumen Fund is accepting applications for the next class of the Regional Fellows Program in East Africa, in Pakistan, and now India. Deadline is 2 September 2013.

[view whole blog post ]

July 6 2013

From Bankelele Sat Jul 6 2013, 23:45:00

Finally have one month of data on expenses incurred using Moneywise on the Samsung Tab and which is a really nice and easy way to record expenses and have them priced in Kenya shillings, add categories, export data (as a CSV) and gives a nice instant graphic that is up to date after each transaction.

The full list in of expenses summed up as in the month (ranked by money spent) was Rent 23%, Repairs 17% (Car, computer), Dining 10%, Gifts 8%, Transport 7% (KQ, taxis), Fuel 7%, 6% each to investments and to Drinks 6% (EABL), Recreation 4%, 2% each to Communications (Safaricom), Clothing, Electronics, and to Utilities, and 1% each to Newspaper and Groceries 1%.

[view whole blog post ]

June 17 2013

From Bankelele Mon Jun 17 2013, 08:19:00

A guest post by @smartyannette

[view whole blog post ]

May 17 2013

From Bankelele Fri May 17 2013, 15:05:00

New, ongoing, and concluded opportunities

Africa App Quest is a search for Africa's top travel app in which developers will compete for a top prize $10,000 by building home-grown travel apps, specially designed for the tourism sector in Africa. It is sponsored by Visa and South African Tourism, the application rules are here, and the deadline (D/L) is 16 August.

[view whole blog post ]

May 14 2013

From Bankelele Tue May 14 2013, 08:33:00

Performance: Compared to last quarter and year ago, the portfolio is up 9% in value from February (excluding new investments), while the NSE 20 share index is up is up 7.5% since February 2013.

The Stable

[view whole blog post ]

May 1 2013

From Bankelele Wed May 1 2013, 13:42:00

This week, Equity Bank went live on twitter - and joined other top bank groups in Kenya in their use of social media to respond to customer issues. About half of Kenya's 46 banks are now on twitter ( see this list of local banks on twitter), but as the table blow shows, the number of bank customers likely to use social media is a small fraction of the total numbers.

[view whole blog post ]

April 27 2013

From Bankelele Sat Apr 27 2013, 16:15:00

Following the January post on M&A deals, here are some recent events.

The Private Equity Confidence Survey was published by Africa Assets and Deloitte and it showed that, in 2012, private equity firms invested $1.13 billion towards 58 deals in Sub-Saharan Africa. This was a a slight decline from 2011, and that Kenya, Nigeria and South Africa accounted for 45% of the deals in 2012. Also in the survey;

[view whole blog post ]

blogAfrica is's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!

Most Active Blog Feeds:

  1. ThinkProgress
  2. Face of Malawi
    Malawi Breaking News Today
  3. IT News Africa news alert
    Daily email news alerts from
  4. Shadow and Act
    Shadow and Act from IndieWire
  5. IT News Africa news alert
    Daily email news alerts from
  6. Top stories – France 24 - International News 24/7
    Blogs from the Independent newspaper - news, views and features from the world's most free-thinking newspaper|
  8. Foreign Policy