Business
Trump Tariff Hike To Cost Africa $8BN in Duty-Free Exports to US
April 8, 2025
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…
NSE Loses Ksh.37 Billion in Market Value on Trump’s Tariffs
April 8, 2025
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…
ATIDI Helps Strengthen Benin’s Fiscal Resilience with Second-Loss Guarantee for Deutsche Bank’s EUR507.5 Million Loan
April 8, 2025
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…
Kenya Introduces Bill Seeking Cryptos to Disclose Owners
April 8, 2025
Kenya Introduces Bill Seeking Cryptos to Disclose Owners
Kenya has introduced the Virtual Asset Service Providers Bill of 2025 to regulate the cryptocurrency sector by requiring crypto exchanges…
Tala Named Best Digital Credit Provider in Risk Management at 2025 Think Business Awards
April 7, 2025
Tala Named Best Digital Credit Provider in Risk Management at 2025 Think Business Awards
Tala has been awarded the Best Digital Credit Provider in Risk Management at the inaugural Think Business Digital Lenders Awards…
Family Bank Shareholders’ Pay Up 52% After Ksh.3.4 Bn 2024 Profit
March 28, 2025
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…
Nairobi’s Dusit D2 Property Owner Fights Auction in Court
March 27, 2025
Nairobi’s Dusit D2 Property Owner Fights Auction in Court
Cape Holding Limited, owner of the multi-billion-shilling 14 Riverside Drive property housing the Dusit D2 hotel, has filed an urgent…
KCB Group To Acquire 75% Stake in Riverbank Solutions
March 26, 2025
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).…
Kenyans Suffering Most in Digital Fraud, Says Visa
March 26, 2025
Kenyans Suffering Most in Digital Fraud, Says Visa
A study by Visa Stay Secure 2025 shows that 71% of Kenyan consumers have fallen victim to digital fraud, more…
Ghana Nears End of Debt Restructuring Despite High Inflation
March 26, 2025
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.…