Markets
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Yields on Kenya’s Eurobond up 12.6%, Highest Since November 2023
Yields on Kenya’s Eurobonds have surged to their highest levels since November 2023, indicating increased risk perception among investors. The…
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US Says Investors Scared Investing in Kenya Over Fake Land Titles
The U.S. government has expressed concern over the increasing prevalence of fraudulent title deeds in Kenya, highlighting this issue as…
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Trump Tariff Hike To Cost Africa $8BN in Duty-Free Exports to US
Africa faces new trade uncertainty following U.S. President Donald Trump’s decision to impose sweeping tariff increases on imports, affecting countries…
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NSE Loses Ksh.37 Billion in Market Value on Trump’s Tariffs
The Nairobi Securities Exchange (NSE) has lost approximately Ksh.37 billion in market value because of the ongoing trade war triggered…
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ATIDI Helps Strengthen Benin’s Fiscal Resilience with Second-Loss Guarantee for Deutsche Bank’s EUR507.5 Million Loan
The African Trade & Investment Development Insurance (ATIDI) supported a EUR507.5 million loan from Deutsche Bank to the Republic of…
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Family Bank Shareholders’ Pay Up 52% After Ksh.3.4 Bn 2024 Profit
Family Bank Group’s shareholders will receive their pay at a 52% rate higher compared to 2023, following a record Ksh.3.4…
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KCB Group To Acquire 75% Stake in Riverbank Solutions
KCB Group is set to acquire a 75% stake in payments solutions startup Riverbank Solutions for $15.4 million (Ksh.2 billion).…
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Ghana Nears End of Debt Restructuring Despite High Inflation
Ghana is in the final stages of restructuring its external debt, following its 2022 default on most of its obligations.…
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Sumsub Inks Deal With Kenya’s Fintech Association for Digital Innovation
Sumsub has attained platinum membership with the Association of Fintechs in Kenya (AFIK) to accelerate the development of Kenya’s financial…
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SASRA Step Up Push for Mandatory CIS Mechanism Among SACCOs
The Sacco Societies Regulatory Authority (SASRA) is pushing for a mandatory Credit Information Sharing (CIS) mechanism to enhance financial sustainability…
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