How Nordic Impact Funds and DOB Equity Are Backing Irrisol’s Solar-Powered Water Expansion in Uganda

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Copenhagen-based impact investor Nordic Impact Funds has invested in Irrisol Engineering, a Ugandan company that designs, builds and operates solar-powered water mini-grids and standalone water systems for rural and peri-urban communities. The investment, announced on 20 October 2026, was made alongside existing investor DOB Equity, a Dutch family-backed impact investment firm focused on sustainable businesses…

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Clean energy

Why GRIPS Energy’s Latest Funding Could Accelerate Commercial Solar and Storage Across Africa

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Fortis Green Renewables Investment Management and Zeitinger Invest GmbH have made a growth equity investment in GRIPS Energy Group, a Berlin-based independent power producer and energy service company that finances, builds, owns and operates solar and battery storage systems for commercial and industrial customers across sub-Saharan Africa. The investment, announced on 13 October 2026, will…

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Funding

How Spiro Is Entering Ghana with 100 Electric Motorcycles and Battery-Swapping Stations

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Spiro, Africa’s largest electric mobility company, officially launched its first 100 electric motorcycles in Ghana on 20 October 2026, introducing the Ekon 450 M1 V3 two-wheeler and battery-swapping infrastructure to the Ghanaian market. The launch, held under the theme “The First 100: Powering a New Era of Mobility in Ghana,” featured a convoy of 100…

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EV

Inside the NSE: BOC Kenya (BOC)

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BOC Kenya carries one of the longest corporate lineages of any company in this series, tracing back to a patent taken out by two French brothers in 1880s London. It’s also, quite recently, become an accidental case study in shareholder activism, after minority investors successfully fought off a four-year takeover attempt by a fellow NSE-listed…

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IPO & Bourses

Inside the NSE: Carbacid Investments (CARB)

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Carbacid Investments has one of the most unusual origin stories on the entire NSE: a company built on a natural underground reservoir of carbon dioxide, discovered almost by accident in a Kenyan forest nearly a century ago. Today it’s East Africa’s dominant supplier of food and industrial grade CO2, and a company that made regional…

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IPO & Bourses

Inside the NSE: Umeme (UMME)

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Umeme is the outlier of this entire series: a company whose core business no longer exists. For two decades it was Uganda’s sole electricity distributor and one of the NSE’s most reliable dividend payers, cross-listed from Kampala. Then its 20-year government concession ran out in March 2025, was not renewed, and the company effectively lost…

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IPO & Bourses

Inside the NSE: TotalEnergies Marketing Kenya (TOTL)

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TotalEnergies Marketing Kenya holds a genuine NSE first: it was the first multinational oil company ever listed on the exchange, a distinction it has held since 1988 and still holds today. Nearly seventy years since it first opened for business in Kenya, it remains one of the country’s dominant fuel retailers, even as newer rivals…

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IPO & Bourses

Inside the NSE: Kenya Power (KPLC)

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Kenya Power is the company that keeps the lights on for over nine million Kenyan customers, and its story on the NSE is one of the most dramatic turnarounds on the exchange: a stock that traded as low as KSh1.38 in December 2023 has since risen more than 400%, then kept climbing further still. Here’s…

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IPO & Bourses

Inside the NSE: KenGen (KEGN)

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KenGen is East Africa’s leading electricity producer and a company whose origins actually predate Kenyan independence. Built to carry hydropower across a colonial border, it now runs the largest geothermal fleet on the African continent and supplies roughly 60% of the electricity Kenya consumes. Here’s the full picture. History and Founding Story KenGen’s story begins…

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IPO & Bourses

Inside the NSE: Kenya Pipeline Company (KPC)

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Kenya Pipeline Company is the newest arrival on the Nairobi Securities Exchange and, by transaction size, its most significant listing in nearly two decades. Its March 2026 debut was Kenya’s first major IPO since Safaricom in 2008, and it marked a state monopoly of more than fifty years handing a majority stake to the public…

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IPO & Bourses