Markets
-
Central Bank of Nigeria Revokes 47 Licenses of Microfinance Banks
The Central Bank of Nigeria (CBN) went on a volley Wednesday when it revoked licenses belonging to microfinance banks in…
Read More » -
Rock Investment Bank Acquires Majority Stake in Nabo Capital as Centum’s Holding Drops to 40%
Rock Investment Bank has acquired a majority stake in Nabo Capital Limited, meaning Nabo Capital will no longer sit within…
Read More » -
Vodacom Acquires Majority Stake in Safaricom to Majority Shareholding
Vodacom Group has completed the acquisition of an additional 20% effective stake in Safaricom PLC, increasing its shareholding to approximately…
Read More » -
Metropol Assigns Investment Grade Rating to Brisk Marketing Limited
Metropol Credit Rating Agency (MCRA) has assigned an investment grade rating to Brisk Marketing Limited, underscoring the company’s positive growth…
Read More » -
tabb, Galana Energies Launch Kenya’s First Large-Scale Fuel Credit Line
tabb has unveiled Kenya’s first fuel credit line at scale through a strategic partnership with Galana Energies to address one…
Read More » -
How Elections Could Affect Kenya’s Coastline Land Pricing
Kenya is steadily edging closer to the 2027 General Election, with investors already beginning to read the political mood as…
Read More » -
Metropol Backs Open Banking in Push for Data-Driven Credit
Metropol is pushing for open banking in the credit market, a reform which, if accommodated, will strengthen the existing Credit…
Read More » -
How Global Tensions Are Forcing Kenya to Rethink Its Oil Lifeline
For nearly two years, Kenya has relied on a government-to-government fuel deal with Gulf oil giants to keep its economy…
Read More » -
Equity Bank Rethinking Its African Expansion in Angola After Ethiopia Delays
For years, Ethiopia was seen as the ultimate prize for many African banks looking to expand. With its large population…
Read More » -
KCB Group Eyes Stake in Pesapal for Digital Payments in East Africa
KCB Group is awaiting regulatory approval to acquire a stake in regional payments company Pesapal as part of its strategy…
Read More »