Business

Bank of Ghana Mandates Registration of All Cryptocurrencies in Fresh Compliance Push

Bank of Ghana Mandates Registration of All Cryptocurrencies in Fresh Compliance Push

The Bank of Ghana (BoG) has issued a directive mandating that all cryptocurrencies, legally referenced as Virtual Asset Service Providers…
Absa Launches Kenya’s First Fully Mobile Shariah-Compliant Banking Platform

Absa Launches Kenya’s First Fully Mobile Shariah-Compliant Banking Platform

Absa Bank Kenya PLC has launched La Riba Timiza, the country’s first fully Shariah-compliant mobile banking platform by a Tier…
Bitcoin Surges Past $112,000 for First Time

Bitcoin Surges Past $112,000 for First Time

Bitcoin surged past $112,000 for the first time, setting a fresh record alongside a broad rally in risk assets that…
IMF Approves $367 Million Disbursement to Ghana

IMF Approves $367 Million Disbursement to Ghana

The International Monetary Fund (IMF) has approved the fourth review of Ghana’s $3 billion, 36-month Extended Credit Facility (ECF) arrangement,…
How Commercial Banks Have Reaped from SME Lending in New Report

How Commercial Banks Have Reaped from SME Lending in New Report

Kenyan commercial banks earned an additional Ksh.13 billion in interest from small and medium enterprises (SMEs) in the year ending…
Egypt Stresses Agricultural Cooperation with BRICS Countries Ahead of Rio Summit

Egypt Stresses Agricultural Cooperation with BRICS Countries Ahead of Rio Summit

Egypt’s Minister of Agriculture Alaa Farouk stressed the importance of cooperation in the agricultural sector with other BRICS countries, ahead…
African Startups Raise Over $1.4 Billion in H1 2025, With Kenya Taking Lead

African Startups Raise Over $1.4 Billion in H1 2025, With Kenya Taking Lead

Startups across Africa raised more than $1.4 billion in the first half of 2025 through deals valued at $100,000 or…
Kenya Airways, Qatar Airways Sign Codeshare Deal for Internation Travels

Kenya Airways, Qatar Airways Sign Codeshare Deal for Internation Travels

Travelers will now be able to book flights across Kenya Airways and Qatar Airways on a single ticket following the…
Kenya Loses $1.5 Billion Annually to Corruption, Says AfDB

Kenya Loses $1.5 Billion Annually to Corruption, Says AfDB

Kenya must urgently address corruption and financial mismanagement that are depleting public resources and stalling economic progress, the African Development…
T-Bills Undersubscribed First Time in Eight Weeks as Investor Appetite Shifts

T-Bills Undersubscribed First Time in Eight Weeks as Investor Appetite Shifts

Kenya’s Treasury bills (T-Bills) were undersubscribed for the first time in two months, with the overall subscription rate dropping to…
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