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

Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Mali orders fintech firm Wave to pass 1% mobile money tax to users
Read More »
Fish market in Cairo, Egypt. Photo by Mohamed Abdel Latif @ Pixabay
Egypt remittances hit record $41.5bn in 2025 as FX reforms pay off
Read More »
Gridlock in Lagos, Nigeria. Photo by Dami Akinbode @ Unsplash
Nigeria cuts benchmark rate to 26.5% as inflation eases
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights