Finance & Banking
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…
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Disrupting the Insurance sector
BlueWave, an Insurtech start-up wants to make insurance accessible to the common man and while…
KDC Pays KES 57M Dividend, Launches KES 500M SACCO Fund
Kenya Development Corporation (KDC) has reinforced its leadership in Kenya’s development finance landscape by delivering…
Rwanda budget hits US$2.49bn
As government moves to slash foreign aid Though foreign aid still constitutes a significant percentage…
Kenya Airline still dives in loss
Kenya’s national carrier, Kenya Airways (KQ) is not out of the woods yet. The airline…
Lasted Finance & Banking
KDC Pays KES 57M Dividend, Launches KES 500M SACCO Fund
Kenya Development Corporation (KDC) has reinforced its leadership in Kenya’s development finance landscape by delivering a KES 57 million dividend…
Absa Bank Plc hosts Macro Economic Outlook 2025
Absa Bank Hosts the 2025 Macro Economic Outlook,Risk Management and Structured Investments Solutions Forum; Absa Bank Kenya hosted customers, peers,…
M-PESA Celebrates 18 Years of Financial Innovation
M-PESA Celebrates 18 Years of Financial Innovation, Officially Unveils Investment Product As part of the celebrations, Safaricom will reward its…
Britam Launches Microinsurance Subsidiary to Drive Financial Inclusion in Kenya
Britam on Wednesday officially launched its microinsurance subsidiary, Britam Connect, following its licensing by the Insurance Regulatory Authority (IRA). The…
KCB Bank Tanzania Secures $15 Million Loan from WaterEquity to Boost Water Accessibility
KCB Bank Tanzania has entered into a $15 million (Tsh39.48 billion) loan agreement with WaterEquity, a global asset manager focused…
Mastercard Opens First Office in Uganda to Boost Financial Inclusion
Mastercard has launched its first office in Uganda, a move that signals its commitment to enhancing financial inclusion and accelerating…
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…
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…