Business
Japan’s Uncovered Fund, Monex Launch $20M Fund for Africa, Middle East
September 10, 2025
Japan’s Uncovered Fund, Monex Launch $20M Fund for Africa, Middle East
Japanese venture capital firms Uncovered Fund and Monex Ventures—the corporate VC arm of Monex Group—have unveiled a $20 million fund…
Dr. Sidi Ould Tah Succeeds Akinwumi Adesina as AfDB 9th President
September 1, 2025
Dr. Sidi Ould Tah Succeeds Akinwumi Adesina as AfDB 9th President
Dr. Sidi Ould Tah has taken over the reins of the AfDB as the 9th President, succeeding Akinwumi Adesina. Dr.…
Kenya’s Wealthy Near 7k as Africa’s Millionaires Expected to Hit 65%
September 1, 2025
Kenya’s Wealthy Near 7k as Africa’s Millionaires Expected to Hit 65%
Africa’s millionaire population is projected to grow by 65% over the next 10 years, a move which will position the…
Former Bungoma Governor Wangamati Appears Before EACC Over Graft Claims
September 1, 2025
Former Bungoma Governor Wangamati Appears Before EACC Over Graft Claims
Former Bungoma Governor Wycliffe Wangamati presented himself before the Ethics and Anti-Corruption Commission (EACC) on Monday, following a summons issued…
Kenya Airways Posts Ksh.12 Billion Loss in H1 2025
August 27, 2025
Kenya Airways Posts Ksh.12 Billion Loss in H1 2025
Kenya Airways has reported a staggering Ksh.12 billion loss in the first half of 2025, a dramatic reversal from the…
How Business Laws (Amendment) Act, 2024 is Shaping Credit Market in Kenya
August 27, 2025
How Business Laws (Amendment) Act, 2024 is Shaping Credit Market in Kenya
Kenya introduced sweeping reforms to its business and financial space, with the enactment of the Business Laws (Amendment) Act, 2024…
Report: Kenya’s Banking Sector Remains Strong as Capital Buffers Exceed Regulatory Minimums
August 26, 2025
Report: Kenya’s Banking Sector Remains Strong as Capital Buffers Exceed Regulatory Minimums
Kenya’s banking sector ended 2024 on a resilient note, with capital buffers remaining well above regulatory requirements, according to the…
CBK Approves CIS’ Validata Tool to Tame Data Submission Errors to CRBs
August 26, 2025
CBK Approves CIS’ Validata Tool to Tame Data Submission Errors to CRBs
The Central Bank of Kenya (CBK) has approved the CIS ValiData tool developed by the Credit Information Sharing Association of…
What it Means as Treasury Blocks KRA from Using Tax Refunds to Offset Dues
August 19, 2025
What it Means as Treasury Blocks KRA from Using Tax Refunds to Offset Dues
Kenya’s National Treasury has prohibited the Kenya Revenue Authority (KRA) from allowing taxpayers to offset their tax liabilities using refunds…
Kenya’s HoneyCoin Raises $4.9 Million to Scale Stablecoin Payments
August 14, 2025
Kenya’s HoneyCoin Raises $4.9 Million to Scale Stablecoin Payments
Kenyan fintech HoneyCoin has raised $4.9 million in seed funding to accelerate its stablecoin-powered payments infrastructure across Africa, Latin America,…