Kenyan legislation
The Competition Act - Exclusion
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IN EXERCISE of the powers conferred by section 42 (1) of the Competition Act, the Competition Authority of Kenya excludes the proposed acquisition of the convertible loan investment in Africa Climate Ventures HC by FSD Africa (Investment) Limited from the provisions of Part IV of the Act due to the following reasons—(a)the merger will not affect competition negatively; (b)although the combined value of assets of the merging parties for the preceding year 2024, which was higher than the turnover, was more than one billion shillings, the value of assets for the target was KES 191,878,249.33 which is below five hundred million shillings; and (c)the transaction meets the threshold for exclusion provided under the Competition (General) Rules, 2019.
Source: Kenya Law · Imported 4 October 2026