While South Africa, Egypt, and Nigeria slowed, Kenya surged ahead. Mobile money and agent banking turned rural villages into hubs of finance. The result: Africa’s highest...
The Vidyarthi family’s sacrifices spanned three generations, from detention under colonial rule to resistance during single-party Kenya.
Founded in 1949, DT Dobie shaped Kenya’s auto sector with prestige brands like Mercedes-Benz and Nissan. Its name may be gone, but its influence drives CFAO’s...
A new AI-powered system will monitor transactions in real time. This is part of Ethiopia’s broader strategy to modernize financial oversight.
The CBK says IMF financing would create space for fiscal reforms while avoiding expensive commercial borrowing. Tight global credit markets and rising debt are driving the...
Co-op Bank launched Swift Asset Access+ to help businesses and individuals acquire vehicles, equipment, and farm machinery with flexible resale guarantees. This initiative reduces upfront costs...
With increased capital requirements in Kenya, the playing field is changing fast. FirstRand plans to leverage its scale and resources to enter the market.
“The record demand demonstrates growing investor trust in Tanzania’s economic management,” said Solomon Stockbrokers. The auction strengthens the government’s fiscal position and supports future infrastructure projects.
Stable benchmark rate signals confidence in Uganda’s economy. Analysts see the move as a commitment to balanced growth and price stability.
The Group’s strong regional growth and solid balance sheet drove an 8% jump in net profit to Sh32.3 billion ($250 million). Non-banking subsidiaries also posted higher...