EGM Securities partners with Sterling Capital
EGM Securities has announced a corporate partnership with Sterling Capital for equities and fixed income trading in the Nairobi Securities Exchange (NSE). The partnership will provide global trading opportunities for Kenyans [...]
Zepz, formerly WorldRemit Group, raises $292 million, valuing the cross-border payments company at $5 billion
Zepz, formerly WorldRemit Group, has raised $292 million (approx. Sh 32 billion) in new primary Series E financing, achieving a valuation of $5 billion (approx. Sh548 billion). Zepz is a [...]PayU invests in blockchain-based payments with CELO and launches new stablecoin option to 450,000 merchants
Amsterdam and San Francisco — 21 July 2021 — PayU, the payments and fintech business of Prosus, has announced its collaboration with Celo, the mobile-first, open-source blockchain ecosystem focused on [...]Kenswitch appoints Ms. Karimi Ithau as Managing Director
The Board of Kenswitch Kenya Limited has appointed Ms. Karimi Ithau as Managing Director as the company rolls out its new market direction. Ms. Karimi Ithau is a seasoned professional [...]Afreximbank Closes Record US$1.3 billion bond
African Export-Import Bank (Afreximbank) has announced it successfully closed a US$1.3 billion dual tenor bond issuance, the Bank’s largest-ever transaction in the international debt capital markets. Afreximbank printed a US$600 [...]Security awareness campaign to prioritize digital financial safety
As Kenya embraces the digital economy, protecting the integrity of electronic and digital systems is paramount, with experts calling for enhanced public sensitization on digital vulnerabilities, which have increased due [...]SemaBOX launches incubator focussed on women podcasters
Podcasting as a medium has been steadily growing in Africa over the last few years and is being driven by audiences seeking alternative voices and more diverse storytelling. A recent [...]
Avocado farmers to enjoy free fruit maturity testing services at Kakuzi
Listed integrated Kenyan agricultural firm Kakuzi PLC has announced a free fruit maturity testing service for smallholder avocado farmers for the current harvest period. As part of the firm’s out-grower [...]IM Bank Founder Chairman Retires After 47 Years of Service
IM Bank has announced the retirement of Mr. Suresh Bhagwanji Raja (SBR) Shah, its Founder and Chairman since 1974 and subsequently appointed Mr. Oliver Fowler to serve as the new [...]Stanbic Bank Kenya Changes Tagline, Appoints Kosgey as Brand Envoy
Stanbic Bank Kenya Limited has changed its tag and appointed athlete Brigid Kosgey as its new brand ambassador as the lender seeks to make its products and services more appealing. [...]
4G Capital Celebrates 1 Millionth Loan for Small Enterprises
4G Capital Group celebrated its one-millionth micro-enterprise loan since the inception of the company. News of the milestone comes two months after the company announced a Ksh 285 million Strategic [...]Twiga and Britam to Develop Business Interruption Insurance for Small Retailers
B2B e-commerce platform Twiga has partnered with Britam to develop a business interruption insurance cover for small businesses. The product dubbed Soko Afya seeks to protect retailers against loss of [...]
