Kenya and Netherlands Strengthen Economic Ties with New Investment Promotion Pact
In a move to deepen economic collaboration, the State Department of Investment Promotion (SDIP) of Kenya and the Netherlands Business Hub Kenya (NLBH) have signed a Memorandum of Understanding (MOU).…
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Recent News
Airtel Africa Reports Strong Growth, Launches Second Share Buyback Program
Airtel Africa has announced a robust performance in its latest trading update, showcasing significant growth in its customer base and financial metrics, despite ongoing challenges posed by currency devaluation. The…
South Africa to Host Finance in Common Summit in February 2025
South Africa officially prepares to host the Finance in Common Summit (FiCS) from February 26 to 28, 2025. The event coincides with South Africa’s presidency of the Group of 20…
A booming continent needs a new payment infrastructure
Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is…
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 clients1 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…
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