Markets
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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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Absa Bank Kenya Profit up 28% to Ksh.20.9 Billion
Absa Bank Kenya PLC full-year profit surged by 29% to Ksh.29.9 billion due to disciplined execution of customer-centric strategies and…
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Ethiopia Faces Steep Losses for Creditors in G20 Debt Restructuring, Moody’s Warns
Moody’s Ratings, concluded its periodic review of Ethiopia’s creditworthiness on Friday, signaling that private creditors are likely to face significant…
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Treasury to Release Ksh.65 Billion to Address Teachers, Doctors Funding Gap
President William Ruto has officially assented to the Supplementary Appropriation Bill (National Assembly Bill No. 8 of 2025), paving the…
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