Business
Solarise Secures $8.9 Million for Cheap Energy Across Africa
August 26, 2024
Solarise Secures $8.9 Million for Cheap Energy Across Africa
Solarise Africa, an energy-as-a-service provider catering to businesses across Africa, has secured an $8.9 million investment from Mergence Investment Managers.…
Crypto Firm Binance Launches Mobile Money Feature Across Africa
August 26, 2024
Crypto Firm Binance Launches Mobile Money Feature Across Africa
Binance has expanded its reach in Africa by launching a new mobile money feature in Ghana, Tanzania, Uganda, and Zambia,…
Safaricom Investment Co-operative Rebrands to Align with Future Plans
August 23, 2024
Safaricom Investment Co-operative Rebrands to Align with Future Plans
Safaricom Investment Co-operative has officially received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development…
World’s Second-largest Diamond Discovered in Botswana
August 23, 2024
World’s Second-largest Diamond Discovered in Botswana
A rough 2,492-carat diamond, the second-largest ever discovered, has been unearthed in Botswana at the Karowe mine, operated by Canadian…
Kenyan HR Firm Workpay Secures $5 Million in New Funding
August 23, 2024
Kenyan HR Firm Workpay Secures $5 Million in New Funding
Kenyan HR and payroll startup Workpay has secured $5 million in Series A funding, led by pan-African venture capital firm…
Rising Interest Rates Trigger Surge in Loan Defaults Among Kenyans
August 23, 2024
Rising Interest Rates Trigger Surge in Loan Defaults Among Kenyans
The first half of 2024 has seen an increase in loan defaults in Kenya, driven by rising interest rates that…
Absa Bank Kenya to Expand Agency Network to Over 17,000 Outlets
August 21, 2024
Absa Bank Kenya to Expand Agency Network to Over 17,000 Outlets
Absa Bank Kenya PLC has unveiled plans to expand its reach with over 17,000 agency service outlets across the country…
Government Urges KRA to Embrace Innovation for Enhanced Revenue Collection
August 21, 2024
Government Urges KRA to Embrace Innovation for Enhanced Revenue Collection
The Kenyan government has urged the Kenya Revenue Authority (KRA) to adopt innovative and technologically advanced strategies to enhance revenue…
DP World, British to Build Congo’s First $35 Million Deep Sea Port
August 21, 2024
DP World, British to Build Congo’s First $35 Million Deep Sea Port
DP World, the Emirati logistics giant, in collaboration with the British government’s development-finance arm, is set to begin construction on…
Qatar Airways Acquires 25% Stake in Africa’s Airlink
August 20, 2024
Qatar Airways Acquires 25% Stake in Africa’s Airlink
Qatar Airways announced on Tuesday its acquisition of a 25% stake in Airlink, a privately owned regional airline operating in…