Forbion has touted its “landmark” 2.3 billion euro ($2.6 billion) fundraise across two funds as a new record for the European life sciences-focused VC firm.The cash, raised across the Forbion Growth Opportunities Fund IV and Forbion Ventures Fund VIII, will be used to support around 30 “high potential” biotechs, according to an Oct. 6 release.
Category: Economy&Finance
-
What Taxes and Fees Do You Pay When Buying Land in Kenya?
Buying land in Kenya is a major financial decision, but the amount you agree to pay the seller is not necessarily the final amount you will spend. Beyond the purchase price, a buyer may have to pay taxes, government charges, registration fees, and professional costs before the property is legally transferred into their name.
-
Kiherehere ya Ruto itaharibu mradi wa Dangote
The Lamu refinery was supposed to be a regional project with the participation and investment of countries in the region. Ruto's rush, out of desperation to make political capital from the project, is being seen as a slight on our neighbors, hence their decision to proceed with their own refinery.
-
Stars aligning – Gulf Energy /Auron Energy
I have been reading articles regarding the proposed Lamu refinery and the stars seems to be aligning faster than I can say two tutam .First some people bought Tullow oil – Turkana .For the last couple of weeks Dangote refinery talks are being discussed everywhere .This weekend some offshore rigs arrived pale Mombasa port since from the information flying around part of the Turkana crude will be refined pale Lamu .
-
Mainga leads high-level rail investment talks to boost trade and exports
The investment meeting also drew senior regional and international leadersKenya Railways Managing Director Philip Mainga has intensified efforts to position the Standard Gauge Railway (SGR) as a key driver of trade, investment and regional economic integration after leading a high-level investment meeting with diplomats, Chinese investors and private sector leaders aboard the Madaraka Express from Nairobi to Naivasha.
-
Kangaroo Shuttle Story
Daniel Muri: Tired of Matatu Chaos, He Set Out to Build a Shuttle Company Where Discipline and Dignity MatterMany people who aspire to venture into the matatu sector are always attracted to the alluring thought of raking in thousands of shillings daily. However, this is not always the case given the challenges that have tightly gripped this industry.
-
Stabex International Limited
Who Owns Stabex? Who is Jackson Kiplimo Chebet ?Stabex International Limited was registered in Kenya on 16 January 2009 under the Companies Act, Cap 486. Although incorporated in Nairobi, the company did not establish any meaningful retail presence in Kenya at the start. Instead, its first operational move was across the border into Uganda, opening a single station in Nansana on Hoima Road.
-
How Kenyans Can Invest in the Dangote Refinery IPO
Africa’s richest man, Aliko Dangote, has opened the doors of his oil empire to ordinary investors across the continent, including in Kenya. On September 14, 2026, the Dangote Petroleum Refinery and Petrochemicals IPO went live, offering roughly 4.1 billion shares in what could become one of the largest share sales in African history.
-
Akuku “Danger”
Asentus Ogwella Akuku “Danger” was a famous Kenyan polygamist from Siaya County, widely remembered for the unusually large size of his family. He became popularly known as “Danger” because of his reputation as a strict and formidable man.Akuku Danger reportedly married more than 100 women over his lifetime and fathered well over 150 children, although the exact figures vary among historical accounts.
-
No big launch, no shortcuts: How Lily Nanga-Kitala quietly built her way to a global business award
What you need to know:"This was recognition of something I have been building quietly for 17 years," Lily Nanga-Kitala says, almost to herself, during an interview at Nation Centre. It is a fitting way to sum up a journey that began not with a business plan, but with a mother simply looking for a decent school for her children.