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Eric Ombok @eombok

Journalist @BBGAfrica. Member @FPA_Africa. @SyokimauLIFE 8th Chairman 2016-2020. @RotarySyokimau 7th President 2021-22. Tweets ≠ endorsements. Opinions = mine.

Joined November 2009
  • Tweets 1,702
  • Following 411
  • Followers 2,483
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Eric Ombok retweeted
Antony Sguazzin@AntonySguazzin
May 29
A startup and some of the world's best known philanthropies are helping Kenya reach its avocado ambitions bloomberg.com/news/articles/… @eombok

Solar Cold Rooms for Avocados to Bolster Kenya’s Export Earnings

SokoFresh, a Kenyan startup using solar-powered cold storage to keep produce fresh, is preparing its first major fundraising round as it seeks to capitalize on the country’s booming avocado exports.

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Private renewable-energy investments in Africa are set to accelerate as the Iran war drives nations to try and cut their dependence on oil and gas imports bloomberg.com/news/articles/…

Iran War Seen Boosting Africa’s Renewable Energy Deals

Private renewable-energy investments in Africa are set to accelerate as the Iran war drives nations to try and cut their dependence on imported oil and gas.

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Roam Electric, a Kenyan e-motorcycle manufacturer, has seen demand double as consumers shift away from gasoline amid price surges driven by the Iran war. bloomberg.com/news/articles/…

Kenyan E-Bike Maker to Boost Output as Iran War Spurs Demand

Roam Electric, a Kenyan e-motorcycle manufacturer, has seen demand double as consumers shift away from gasoline amid price surges driven by the Iran war.

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Eric Ombok@eombok
19 Aug 2025
Kenya plans to get the ball rolling with a diaspora bond of between $250 million and $500 million bloomberg.com/news/articles/…

Kenya Weighs Raising as Much as $500 Million From Diaspora Bond

Kenya, which wants to ease tight public finances by borrowing from citizens living abroad, plans to get the ball rolling with a so-called diaspora bond of between $250 million and $500 million.

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Eric Ombok@eombok
3 Oct 2024
Kenya is set to attract more interest from investors after rebounding from recent political upheaval, according to the head of the country’s stock exchange bloomberg.com/news/articles/… via @markets

Kenya Bourse Chief Sees More Inflows Amid Rebound From Turmoil

Kenya’s equity market is set to attract more interest from investors after rebounding from the fall triggered by recent political upheaval, according to the head of the country’s stock exchange.

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Eric Ombok@eombok
3 Oct 2024
Kenyan Shilling Swings Subside bloomberg.com/news/articles/… via @markets

Kenyan Shilling Swings Subside as Central Bank Curbs Strength

Interventions by Kenya’s central bank are suppressing volatility in the shilling as officials try to keep the best-performing currency in Africa from getting too strong.

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Eric Ombok@eombok
2 Oct 2024
Entries are open for Bloomberg’s Africa Startups to Watch list for 2024 bloomberg.com/news/features/… via @technology

Bloomberg Is Looking for Africa’s Most Innovative Startups

We want to know about the companies that are designing Africa’s future.

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Eric Ombok@eombok
26 Sep 2024
The East African Bonds Exchange says secondary trading on its platform is yet to commence because of delays in integrating its system to the Central Bank of Kenya’s bloomberg.com/news/articles/… via @technology @TerryAdembesa @EABX_Group @HelenNyambura

Kenya Bond Exchange’s Secondary Trading Plans in Limbo due to Central Bank Delays

The East African Bonds Exchange says secondary trading on its platform is yet to commence because of delays in integrating its system to the Central Bank of Kenya’s.

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Eric Ombok@eombok
23 Aug 2024
Kenyan pension funds are in talks to acquire a portion of the government’s overdue payments to some contractors and service providers bloomberg.com/news/articles/… via @economics

Kenya Pensions Industry Plans SPAC to Tackle State Pending Bills

Kenyan pension funds are in talks to acquire a portion of the government’s overdue payments to some contractors and service providers, aiming to undo a decades-old logjam that has weighed on busine...

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Eric Ombok@eombok
22 Jul 2024
Anti-government protests that disrupted Kenya’s economy for the past month and spooked investors are hurting its currency, which has suffered its longest decline since January bloomberg.com/news/articles/… via @markets

Kenya’s Riots Send Shilling on Its Longest Slide Since January

Anti-government riots that disrupted Kenya’s economy for the past month and spooked investors are hurting its currency, which has suffered its longest decline since January.

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Eric Ombok@eombok
12 Jul 2024
A UK development agency headquartered in Kenya is helping raise $1.3 billion for two funds investing in businesses across seven African countries bloomberg.com/news/articles/… via @markets

UK-Backed Agency in Kenya Seeks $1.3 Billion for African Firms

FSD Africa, a UK development agency headquartered in Kenya, is helping raise $1.3 billion for two funds investing in businesses across seven African countries.

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Eric Ombok@eombok
10 Jun 2024
The Nairobi Securities Exchange aims to secure its first stock listing since 2020 this year, helped by a rebound in shares after a two-year slide bloomberg.com/news/articles/… via @markets @NSE_PLC

Kenyan Bourse Seeks to End Listing Drought as Sentiment Improves

The Nairobi Securities Exchange aims to secure its first stock listing since 2020 this year, helped by a rebound in shares after a two-year slide, which wiped more than 50% off the main index and...

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Eric Ombok@eombok
9 May 2024
Lipton Teas & Infusions' move to sell the last of its tea plantations is a strategic shift by the world’s biggest buyer of the commodity to quit growing the leaf and fully rely on other producers. bloomberg.com/news/articles/… via @markets

World’s Biggest Tea Buyer’s Sale of Last Farms Is a Strategy Shift

Lipton Teas & Infusions BV’s move to sell the last of its tea plantations is a strategic shift by the world’s biggest buyer of the commodity to quit growing the leaf and fully rely on other producers.

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Eric Ombok@eombok
4 Apr 2024
BlackRock says Kenyan stocks offer an opportunity and endorses government's economic policy bloomberg.com/news/articles/… via @markets @AntonySguazzin

BlackRock Says World-Beating Kenya Stock Jump Still Offers Value

BlackRock Inc., the world’s biggest asset manager, sees an opportunity to invest in Kenyan stocks, which have gone from the world’s worst performers in 2023 to the best this year.

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Eric Ombok@eombok
18 Mar 2024
In the space of less than three months, Kenya’s stock benchmark has swung from rock bottom to being the world’s best performer bloomberg.com/news/articles/… via @markets @bgenga

Kenyan Stocks Have Shilling to Thank for World-Beating Returns

In the space of less than three months, Kenya’s stock benchmark has swung from rock bottom to being the world’s best performer.

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Eric Ombok@eombok
23 Feb 2024
Kenya, the world’s largest exporter of black tea, agrees a partnership with Lipton to improve leaf quality and fetch higher prices for farmers, says President William Ruto bloomberg.com/news/articles/… via @markets

Kenya Bets on World Biggest Tea Buyer to Boost Growers’ Incomes

Kenya, the world’s largest exporter of black tea, has agreed a partnership with Lipton Teas & Infusions BV to improve leaf quality in the country and fetch higher prices for farmers, President...

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Eric Ombok@eombok
22 Feb 2024
Kenya’s plan to raise about $500 million through a bond sale in Japan will be priced in the range of 1%-2% as the East African nation seeks cheaper sources of funding bloomberg.com/news/articles/… via @markets

Kenya Sees Samurai Bond Pricing at 1%-2% in Cheaper Funding Plan

Kenya’s plan to raise about $500 million through a bond sale in Japan will be priced in the range of 1%-2% as the East African nation seeks cheaper sources of funding.

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Eric Ombok@eombok
15 Feb 2024
Kenya’s shilling rallies as much as 4.7% against the US dollar, the most since 2008, as locals offload dollars after the nation’s successful Eurobond sale bloomberg.com/news/articles/… via @markets

Kenya Shilling Soars as Locals Ditch Dollars After Eurobond Sale

Kenya’s shilling rallied the most in almost 16 years as locals offloaded dollars after the nation’s successful Eurobond sale fueled speculation a shortage of the US currency is over.

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Eric Ombok@eombok
12 Feb 2024
Kenya's new bond exchange @EABX_Group sees the potential for exponential growth as it prepares to launch bloomberg.com/news/articles/… via @markets @bgenga

New Kenya Bond Exchange Sees Opportunity in Budding Debt Market

The new East African Bond Exchange, a would-be competitor for the Nairobi Securities Exchange, sees the prospect for exponential growth in Kenya’s bond market as it prepares to start operating in the...

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Eric Ombok@eombok
6 Dec 2023
The Kenyan shilling’s depreciation of almost 20% against the dollar this year is overdone, the East African nation’s central bank governor says bloomberg.com/news/articles/… via @markets

Kenya Central Bank Chief Says Currency Depreciation Overdone

The Kenyan shilling’s depreciation of almost 20% against the dollar this year is overdone, the East African nation’s central bank governor said.

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