Search

Kenya’s unclaimed financial assets swell to $580m

Nairobi, Kenya. © Unspalsh
  • Unclaimed financial assets soar by 21.7% to Sh75.5 billion in November
  • UFAA invests surplus in government securities as reunification challenges persist

Nairobi, Kenya – The value of unclaimed financial assets managed by Kenya’s Unclaimed Financial Assets Authority (UFAA) has reached Sh75.5 billion ($580 million) in November, reflecting a sharp 21.7% increase from Sh62 billion ($480 million) in June.

Recent Business

Parked cars in a community. Photo by Sincerely Media @ Unsplash
Buying a used car in Morocco is exhausting - AI platform Choufli wants to fix the chaos
Read More »
Motor tricycle transport operator in Ghana. Photo by Kojo Kwarteng @ Unsplash
Can the Ghana Card wallet redefine Africa’s digital finance race?
Read More »
Over 500 Ethiopian drivers stranded at Djibouti Port. Photo by Ethiopian Heavy Truck Drivers Association/Facebook
Middle East shock: Kenya, Tanzania and Ethiopia’s fuel crisis is exposing East Africa’s energy fault lines
Read More »

Recent Politics

Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »

Latest Posts

Latest news insights