Agilitee set to complete reverse merger with U.S. firm in April

Upon completion, both the current South African entity and the U.S. firm will cease to exist, with the merged company becoming the surviving entity. The firm also plans to pursue an uplisting and a secondary listing on the Johannesburg Stock Exchange. Kenya breaking news | Kenya ..
✨ Key Highlights
Kenyan electric mobility and renewable energy firm Agilitee is set to complete a significant reverse merger with a U.S.-listed company on April 13, 2026, to expand its global presence.
- The transaction involves a share swap that will create a new U.S.-domiciled entity, Agilitee Inc.
- Key organization involved: Agilitee, an electric mobility and renewable energy firm.
- The merged company plans a subsequent uplisting and secondary listing on the Johannesburg Stock Exchange.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Kenya Re Maintains Sh840m Dividend Despite Profit Decline - March 2026
Kenya Re has maintained a Sh839.94 million dividend payout (Sh0.15 per share) despite an 11.6% drop in net profit for the second consecutive year, with profits falling to Sh3.92 billion in the financial year ended December 2025. Meanwhile, Kenyan electric mobility and renewable energy firm Agilitee is set to complete a reverse merger with a U.S.-listed company on April 13, 2026, to expand its global presence. Separately, KOKO Networks is holding its first creditors' meeting on April 10, 2026, following its exit from the Kenyan market earlier this year. Additionally, the Communications and Multimedia Appeals Tribunal ruled in favour of the Communications Authority of Kenya, allowing the revocation of six broadcasting licences held by Standard Media Group PLC due to Sh48.9 million in outstanding fees.









