High Lending Rates Persist Despite CBK Cuts
Borrowers continue to feel the pain of lingering high lending rates despite progressive cuts by the Central Bank of Kenya ...
Kenyan Climate Tech Company TERA Carbon Launches Biochar Facility in Kisumu
A Kenyan climate-focused company, TERA, has initiated a project in Kisumu that will convert agricultural waste into biochar, which is ...
Kenya’s President Nominates Kindiki as Next Deputy After Gachagua’s Impeachment
Kenya’s President William Ruto on Friday, October 18th, nominated Interior Cabinet Secretary Abraham Kithure Kindiki as the next Deputy President, ...
Treasury Bill Rates Decline as Demand Surges
Interest rates on treasury bills have declined for 10 consecutive weeks, falling to levels last seen in 2023 following the ...
Fintech Holds the Keys to Overcoming Kenya’s Grey Listing
Kenya is a bastion of financial technology innovation, having led the global revolution in mobile money. When news hit the ...
Jumia Halts Operations in South Africa and Tunisia
E-commerce retailer, Jumia Technologies, will double down on its operations and solidify its market in Kenya, Egypt, Morocco, and Nigeria ...
Yellow Card raises US$33mn in Series C round to fuel expansion
Yellow Card, an African Cryptocurrency startup, has closed its Series C round after raising US$33 million from different investors led ...
Banks Tax Contribution Up Ksh 190.3 Bn Despite Growth in NPLs
The Kenyan government is more reliant on tax contribution of banks compared to Tanzania; a new report by Kenya Bankers ...
Jamie Dimon Begins Africa Tour as J.P. Morgan Expands into Sub-Saharan Africa
Jamie Dimon, CEO of J.P. Morgan, the world’s largest bank, has officially kicked off his Africa-wide trip following the bank’s ...
Australia Appoints VFS Global to Provide Visa Biometrics Collection in Kenya, Sub-Saharan Africa
The department of Home Affairs, Australia has appointed VFS Global to provide biometric collection services for Sub-Saharan Africa, VFS Global ...