Markets
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Côte d’Ivoire Issues $336 Million Samurai Bond, First in Sub Sharan Africa
Côte d’Ivoire has made history by becoming the first sub-Saharan African country to issue its first-ever Samurai Bond, raising $336…
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Kenya Challenged to Unlock Domestic Capital for Sustainability
The African Development Bank Group (AfDB) has released a new Country Focus Report (CFR) challenging Kenya to accelerate key reforms…
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Village Capital Launches $4M Fund to Boost Early-Stage Start-ups in Africa
Village Capital, in collaboration with the Dutch Entrepreneurial Development Bank (FMO) and the Netherlands Enterprise Agency (RVO), has launched a…
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Safaricom Loses Case to Kenyan in Protracted Bonga Points Battle
Safaricom will no longer have control over your Bonga Points expiry date, following a protracted customer loyalty rewards battle dating…
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Stanchart, Prudential Ink Ksh.500 Million Insurance Deal Targeting Wealthy Kenyans
Standard Chartered Bank Kenya and Prudential Life Assurance Kenya entered into a one of a kind new insurance deal targeting…
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IMF Approves $367 Million Disbursement to Ghana
The International Monetary Fund (IMF) has approved the fourth review of Ghana’s $3 billion, 36-month Extended Credit Facility (ECF) arrangement,…
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African Startups Raise Over $1.4 Billion in H1 2025, With Kenya Taking Lead
Startups across Africa raised more than $1.4 billion in the first half of 2025 through deals valued at $100,000 or…
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T-Bills Undersubscribed First Time in Eight Weeks as Investor Appetite Shifts
Kenya’s Treasury bills (T-Bills) were undersubscribed for the first time in two months, with the overall subscription rate dropping to…
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New Deal to Deepen Bank-Fintech Integration and Boost Digital Payments in Kenya
A new agreement aims to strengthen real-time collaboration between banks and fintech firms in Kenya, advancing efforts to improve digital…
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Somalia Launches First Securities Exchange, to Go Live in 2026
Somalia has officially launched its first-ever securities exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. The exchange, expected…
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