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Orange sells stake in Kenyan unit to Helios Investment
2015-11-10 08:15:00| Telecompaper Headlines
(Telecompaper) The Orange Group announced that it has signed a binding agreement with Helios Investment Partners for the sale of its entire 70 percent stake in Orange Kenya. Orange said the completion of the transaction remains subject to approval from the relevant authorities. The deal reflects Orange's constant focus on optimising its portfolio of assets, and the Africa and Middle East region remains a strategic priority for the group. Orange Kenya is the country's incumbent fixed line operator and the third player in the mobile market. The company had 4 million mobile customers at the end of June, according to figures published by the regulator.
Tags: unit
investment
orange
sells
Google signs deal to share equity in Kenyan wind power project
2015-10-21 01:00:00| Power Technology
Google has entered into a share purchase agreement with Vestas for taking over a minority stake in the 310MW Lake Turkana wind farm in Kenya.
Tags: power
share
google
project
VIDEO: The doctor-led Kenyan hospital
2015-09-04 12:52:19| BBC News | Business | UK Edition
Dr Dan and Dr Betty Gikonyo built and run the Karen Hospital in Nairobi, Kenya.
VIDEO: Inside a Kenyan speciality tea factory
2015-08-28 01:18:30| BBC News | Business | UK Edition
Lerato Mbele visits a tea farm to find out why Kenya is the world's largest exporter of the beverage.
Tags: video
inside
factory
tea
Kenyan bank plans mobile push
2015-08-04 18:52:36| Oil & Gas - Topix.net
Kenya's Equity Bank aims to double profits from its foreign markets in east Africa and increase users of its mobile banking service to boost earnings, its chief executive said on Tuesday. The lender, which has the highest number of depositors in east Africa, posted a 12 percent jump in pretax profit to 12.1 billion shillings in the first half, thanks to growth in commissions, foreign exchange trading and the contribution of its foreign subsidiaries in the region.
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