Kenya’s Private Sector Activity Slows in December Stanbic PMI
Kenya’s private sector expanded slower in December 2024 than in the month before, with the growth supported by improved sales amid slower employment, the latest Stanbic Purchasing Manager Index (PMI) [...]
Africa's Central Banks Adjust Monetary Policies Amid Currency, Inflation Woes
Inflation pressures across Africa exhibited divergence in 2024 with central banks adopting monetary policies tailored to country-specific factors such as fiscal concerns. African countries with moderate inflation including Kenya, South [...]Agent Networks Used to be the Mobile' in Mobile Money; They're Becoming Popular With Agri Tech Startups
Unlike informal agents and government or donor-funded extension workers, agent networks are clusters of third-party and often semi-independent micro-entrepreneurs that are organised around the last or middle-mile delivery of a [...]
Top Fintech Companies in Africa to Watch in 2025
Fintech companies have been a hot commodity in the African tech scene and for good reason. Fintechs are disrupting the financial and banking services sector, one of the world’s slowest-moving [...]
The Mergers, Acquisitions, and Deals That Shaped 2024
The Kenyan Wall Street takes you down memory lane on some of the key mergers, acquisition, and deals that shaped 2024. As curtain falls on 2024, this year will go [...]Key Highlights in Kenya’s Startup Scene in 2024
2024 has been a year of ups and downs for Kenyan startups as entrepreneurs and enterprises try to balance an uncertain economic and political environment at home, and the continuing [...]Rights Issues Shape the NSE in 2024 as IPO Drought Continues
The 2024 equities market was marked by four rights issues with initial public offerings (IPOs) extending an almost decade long drought at the Nairobi Securities Exchange (NSE). A rights issue [...]Yellow Card’s Complementary Role in Streamlining African Cross-border Payments
By seamlessly handling crypto transactions across Africa, Yellow Card customers are offered a diverse range of trading options and payment alternatives. Over the past decade, African fintechs have dedicated enormous [...]African Unicorns: The Most Funded Startups in Africa by 2024
In 2024, Africa minted two new unicorns, Moniepoint and Tyme, bringing the total number of startups valued above US $1bn to nine. The past two years have been difficult for [...]Kenya’s Monetary Policy: A Missed Opportunity?
In December 2024, Kenya’s economic story reached a pivotal chapter. The Central Bank of Kenya (CBK), at its highly anticipated Monetary Policy Committee (MPC) meeting on December 5, faced a [...]Taxes keep Fuel Prices High Despite Global Easing
While fuel prices have decreased marginally in 2024, they remain high with taxes taking up to between 36% 45% of the total retail prices, slightly higher than the landing [...]How Startups Can Position for Success During the African Tech Ecosystem's Funding Winter
The global funding slowdown has particularly hit African startups hard, with venture funding seeing almost a 40% year-on-year decline when comparing 2023 and 2024, according to Africa: The Big Deal. [...]
