Business
Absa Targets 300 Farmers in Ksh.500 Million Financing Plan After Deal with Hello Tractor
April 14, 2025
Absa Targets 300 Farmers in Ksh.500 Million Financing Plan After Deal with Hello Tractor
Absa Bank Kenya PLC is exploring ways to enhance its lending capacity under an existing Ksh.500 million facility to facilitate…
Bolt Reports 46% Drop in Offline Pickups for Safer Customers
April 9, 2025
Bolt Reports 46% Drop in Offline Pickups for Safer Customers
Bolt Kenya has reported a 46% decrease in offline (off-app) trips on its platform over the past six months, owing…
Peach Payments to Acquire Senegal’s PayDunya in West Africa Push
April 9, 2025
Peach Payments to Acquire Senegal’s PayDunya in West Africa Push
South African fintech company Peach Payments has agreed to acquire Senegal-based PayDunya, marking its entry into Francophone Africa. The acquisition…
Yields on Kenya’s Eurobond up 12.6%, Highest Since November 2023
April 9, 2025
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…
US Says Investors Scared Investing in Kenya Over Fake Land Titles
April 9, 2025
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…
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…