Lawrence Baraza
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Commodities
EAC Allows Kenyan Firms to Import 208,600 Tones of Sugar
The East African Community (EAC) has authorized ten Kenyan companies to import 208,600 tonnes of industrial sugar. The greenlight is…
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casino
SportPesa Mega Jackpot crosses to Kshs 412 million — Here are the weekend matches
Kenya’s biggest football jackpot has hit a new milestone. The SportPesa Mega Jackpot now stands at Ksh 412,048,210, giving Kenyans…
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East Africa
Kenya’s Two Major Banks to Relinquish 30% Stake to DRC on New Terms
Kenya’s leading banks, Equity Group Holdings and KCB Group Plc, are mandated to relinquish at least 30% of their stakes…
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East Africa
U.S Resumes Talks with Kenya of AGOA Ahead of September Expiry
U.S. President Donald Trump’s administration has signaled the resumption of trade talks with Kenya, ending weeks of speculation about trade…
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International
Africa Surpasses 1 Billion Mobile Money Wallets With $1 Trillion Traded in 2024
Mobile money usage across Africa has doubled over the past four years, reaching over one billion registered accounts by the…
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West Africa
Nigeria Threatens National Bank of Kenya Acquisition by Access Bank in New Condition
The Central Bank of Nigeria (CBN) has stalled the acquisition of National Bank of Kenya (NBK) by Access Bank. This…
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Agriculture
Absa Targets 300 Farmers in Ksh.500 Million Financing Plan After Deal with Hello Tractor
Absa Bank Kenya PLC is exploring ways to enhance its lending capacity under an existing Ksh.500 million facility to facilitate…
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Corporate
Bolt Reports 46% Drop in Offline Pickups for Safer Customers
Bolt Kenya has reported a 46% decrease in offline (off-app) trips on its platform over the past six months, owing…
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East Africa
Egypt’s InfiniLink Raises $10 Million for AI Data Centers
Egyptian semiconductor startup InfiniLink has raised $10 million in seed funding to develop its optical connectivity solutions for AI-driven data…
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West Africa
Peach Payments to Acquire Senegal’s PayDunya in West Africa Push
South African fintech company Peach Payments has agreed to acquire Senegal-based PayDunya, marking its entry into Francophone Africa. The acquisition…
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