AFC Leopards SC Eliminated from FKF Cup Due to Fan Misconduct
AFC Leopards SC, a prominent club in the FKF Premier League, has been eliminated from the FKF Cup due to fan misconduct that led to the abandonment of their match…
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MTN’s MoMo Rwanda, Mastercard Partner to Launch Secure Virtual Payment Solution
Mobile Money Rwanda Limited (MoMo Rwanda) and Mastercard have collaborated to introduce the "Virtual Card by MoMO." This new virtual payment solution empowers MoMo customers to make secure and convenient…
NCBA Group Profits Up 3% to KES 15.1 Billion in Q3 2024
NCBA Group PLC has posted a profit after tax of KES 15.1 billion in its Q3 2024 financial results, a 3.0% increase compared to KES 14.6 billion reported during the…
I&M Group Records 24% Growth in Profit Before Tax for Third Quarter
I&M Group PLC has announced a spike in its financial performance, reporting a 24% increase in Profit Before Tax for the third quarter of 2024, reaching KES 14.1 billion—up from…
Shelter Afrique Partners With BRVM To Boost Affordable Housing Financing in Africa
Shelter Afrique Development Bank (ShafDB) partnered with the Bourse Régionale des Valeurs Mobilières (BRVM) and Monetary Union (WAEMU) on Tuesday to mobilize capital for affordable housing projects across the continent.…
StanChart launches ESG-linked Cash Account
Standard Chartered has announced the launch of a new ESG-linked Cash Account for corporate banking clients1Â that rewards them for meeting material environmental, social and governance (ESG) related targets. The solution…
I&M Bank (Rwanda) Partners With Network International To Accelerate Digital Payment
I&M Bank (Rwanda) Plc has partnered with Network International to provide advanced digital payment solutions in support of the bank’s efforts to boost the country’s financial inclusion strategy. The agreement…
Kenya secures Ksh 350 billion from Japan to fund crucial projects
Financial agreements worth KSh350 billion have been signed during President William Ruto’s visit to Japan. These agreements will support projects and programmes in sectors that are aimed at turning around…
Catching Every Beat of World News as it Happens
Modern technology has become a total phenomenon for civilization, the defining force of a new social order in which efficiency is no longer an option but a necessity imposed on…
Mastercard Expands Presence in Mauritius with Inauguration of First Office
Mastercard has reached a significant milestone with the inauguration of its first office in Mauritius. This strategic move not only extends Mastercard's reach in East Africa and the Indian Ocean…
Absa Bank to Double Sustainable Finance Allocation to KES120 Billion
Absa Bank has unveiled its plans to increase its sustainable finance allocation to KES120 billion within a span of two years as part of its renewed commitment to sustainability. This…
NCBA Leasing LLP Launches KES500M Solar Financing Facility
NCBA Leasing LLP has made a significant move towards promoting clean energy by offering a solar financing facility worth KES500M. This new Solar Financing Product aims to empower businesses by…
KCB, Mastercard Partner To Unveil World Elite Credit Cards
KCB Bank Kenya has partnered with Mastercard to introduce World Elite Exclusive Credit Card which offers premium and private banking customers a range of market-exclusive benefits, privileges, and experiences. The…
I&M Bank Tanzania, Mastercard Partner to Launch Multicurrency Prepaid Cards
I&M Bank Tanzania, a leading bank with customer-centric digital solutions, has partnered with Mastercard, a technology leader in the global payment industry, to launch a suite of Debit and Multicurrency…
Octagon Africa Approved for Tier II Pension Contributions Custodial
Octagon Africa, a prominent financial services provider operating in Kenya, has obtained official approval from the Retirement Benefits Authority (RBA) to oversee Tier II contributions.
CBK Launches QR Code to Promote Digital Payments
The Central Bank of Kenya (CBK) has launched a new QR code standard that aims to promote digital payments in the country.
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