CEO Chat: Promoting Cross-border Trade in the EAC, with Tusekelege Joune, TBA Director
The East African Community (EAC) Banking Association, an umbrella lobby formed more than a decade ago, has been sharing information among member associations, undertaking capacity building as well as benchmarking, [...]
NewGold Records US$ 1.5Million Half-Year Net Profit
NewGold Issuer (RF) Limited, a South African firm listed at the Nairobi Securities Exchange (NSE), recorded a net profit of US$1.5 Million for the half-year period ended September 2023. Trading [...]Airbnb Commits to Africa’s Tourism Sector with USD $500,000 Fund
Airbnb has renewed its commitment to Africa’s tourism industry with USD $500,000 fund targeting non-profit organisations supporting economic empowerment, digital access and sustainability. “Africa boasts some of the world’s unique, [...]
Vivo Fashion Group Joins NSE Ibuka Program
Vivo Fashion Group, established in 2011, is a ladies' fashion brand that has 24 retail stores across Kenya, Rwanda, and Uganda. It employs over 360 employees, 70% of whom are women.Shelter Afrique is now a Development Bank
Shelter Afrique's shareholders have approved plans to elevate the Pan-African Housing and Urban Development Financier into a dynamic Development Bank during the Extraordinary General Meeting (EGM) held in Algiers, Algeria. [...]Flutterwave Partners with Microsoft Azure to Build Cutting-Edge Platform
By collaborating with Microsoft, the payments technology company aims to fuel growth and further revolutionise payments for businesses across Africa.
CEO Chat; Uganda Hits 24 Million Bank Accounts Uganda Bankers Association UBA
Uganda has increased the number of bank accounts to 24 million from 6 million bank accounts six years ago as it strives to improve financial inclusion. Speaking during the October [...]President Ruto Signs Finance Law On Debt Ceiling
President William Ruto has signed the Public Finance Management (Amendment) Bill into law. The Bill sets the threshold of borrowing at 55 per cent of the Gross Domestic Product (GDP) [...]
HoneyCoin announces launch in Europe, partners with licensed VASP Institution MYKOBO
HoneyCoin, a rapidly growing cross-border web3 super app, has announced its partnership with MYKOBO, paving the way for its launch in Europe. The partnership aims to empower users across all [...]IMF, AfDB Warn African Countries Against Resource Backed Loans
The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group urging countries in Africa to stop borrowing loans backed by their natural resources. The [...]Nairobi Securities Exchange Seeks New CEO As Geoffrey Odundo Prepares Exit
The Nairobi Securities Exchange (NSE) is searching for a new Chief Executive Officer, to replace Geoffrey Odundo whose term ends in March 2024 following a one-year extension. Appointed in March [...]Exclusive; Flutterwave CEO GB Discusses Expansion Plans and Vision for the Next Decade
On the sidelines of the first Kauffman Fellows Africa VC summit in Nairobi, The Kenyan Wall Street sat down with Olugbenga Agboola (GB), the Founder and CEO of Africa's largest [...]
