Business
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.…
Roam, 4G Capital Ink Deal for Electric Bodas in Kenya
March 25, 2025
Roam, 4G Capital Ink Deal for Electric Bodas in Kenya
Roam, Kenya’s electric mobility company, has inked a deal with digital credit provider 4G Capital to provide boda boda riders…
Sumsub Inks Deal With Kenya’s Fintech Association for Digital Innovation
March 24, 2025
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…
SASRA Step Up Push for Mandatory CIS Mechanism Among SACCOs
March 24, 2025
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…
Absa Bank Kenya Profit up 28% to Ksh.20.9 Billion
March 20, 2025
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…
Ethiopia Faces Steep Losses for Creditors in G20 Debt Restructuring, Moody’s Warns
March 20, 2025
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…
Agroclimatica: Metropol’s Smart Tool Revolutionizing Kenya’s Agricultural Sector
March 18, 2025
Agroclimatica: Metropol’s Smart Tool Revolutionizing Kenya’s Agricultural Sector
Agroclimatica is transforming Kenya’s agriculture sector, a product designed by Metropol to offer a lifeline to agriculture-based Small and Medium…
Treasury to Release Ksh.65 Billion to Address Teachers, Doctors Funding Gap
March 18, 2025
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…