Kenya's Capital Leakages, billions eroded...

Kenya's #1 newsletter among business leaders & policy makers

July 10, 2025

Kenya needs capital more than ever as it pursues its development goals. But every year, billions vanish from Kenya’s economy; through tax evasion, false invoicing, and offshore loopholes, thus shortchanging these ambitions.

I am Brian from The Kenyan Wall Street and this is today's edition of our daily newsletter…

Leading Stories 

💸 The Eroded Billions : Kenya's Capital Leakages

By Brian Nzomo

Every year, Kenya loses KSh 200 billion through illicit financial flows; a silent drain from mining, logging, and shady trade deals. A new AfDB report warns that despite progress in mobile money and infrastructure, the country is failing to hold onto the capital it needs to grow. Natural wealth is wasted, taxes fall short, and small businesses can’t access the credit they need. Even with a strong youth population and rising innovation, jobs and funding remain out of reach. Without bold reforms to plug the leaks and invest wisely, Kenya’s development goals may stay stuck on paper. Read more…

🏍️ Electric Motorcycles For the Gig Economy

By Brian Nzomo

Roam has launched a bold electric motorcycle financing scheme, deploying over 600 locally made Roam Air Gen 2 bikes through a partnership with Fortune Credit. With a modest deposit and affordable daily payments, riders gain full ownership, insurance, and access to a clean energy network. Backed by a de-risking facility from the Green for Access Fund, the plan opens electric mobility to Kenya’s informal sector and gig economy. Read more…

Capital Markets

🧾 Olympia Capital’s Big Bet: More Shares, More Leverage

By Harry Njuguna

In a bold move to widen its financial runway, Olympia Capital Holdings is seeking shareholder approval to multiply its authorized share capital tenfold from KSh 250 million to KSh 2.5 billion. The Nairobi-listed firm plans to create 450 million new shares, but with no immediate allotment, dilution will remain on hold. The proposal follows a bruising year where profits halved, even as a revaluation windfall lifted the books. Olympia insists this capital cushion will support future fundraisers, rights issues, or strategic investments. Read more…

CBK Kicks Off FY2025/26 Borrowing with KSh 66.65B Bond Auction

CBK starts FY2025/26 borrowing with a strong KSh 66.65B reopened bond sale, as investors pivot to long-term debt amid falling T-Bill yields.

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NSE to List First Global Equity ETF as Satrix Expands into Kenya

Satrix to list MSCI World Feeder ETF on NSE on July 16, 2025—Kenya’s first equity ETF. Offers low-cost access to global stocks like Apple.

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NSE Gainers & Losers 

Source: NSE

Aviation Regulator Approves Konza City as First Drone Corridor to Boost Long-Range Operations

Kenya has approved the Konza technopolis as its first airspace dedicated entirely to drones, giving a green light to long-range flights

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The Hidden Costs of Kenya’s Outdated Civil Registry

Modernizing Kenya's civil registry and vital statistics system has become a necessity, not just an administrative goal.

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Across the Region 

LemFi Expands its International Payment Services to Egypt, Tapping into $29.6 Billion Remittance Market

LemFi to address surging demand with reliable, low-cost and competitive international payment offerings in Egypt

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Opinion 

The Best African Investment No One Is Talking About

Africa Eats took a different path from traditional investment firms. Rather than flipping companies within 5 to 10 years like a used car

kenyanwallstreet.com/the-best-african-investment-africa-eats

On your watchlist

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