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Uganda’s top 10 firms in 2025—led by MTN, Stanbic, and Centenary—posted record post-tax profits, reflecting telecom, banking, and industrial sector strength.
KCB Group tops Kenya’s corporate earnings in 2025, posting a record KSh61.8B ($475M) profit amid a fintech-led growth push.
KCB Group signals a bold shift toward fintech and regional growth, as CEO Paul Russo unveils strategies behind the $127M Q1 profit and rising cross-border revenues.
Safaricom CEO Peter Ndegwa unveils bold East Africa expansion on May 21, 2025, as M-Pesa drives cross-border growth and Ethiopia users hit 5.2 million.
Equity Bank Kenya faces a major internal fraud scandal involving multimillion-dollar losses amid rapid digital growth, prompting staff dismissals and legal action that will impact its...
IFC and Standard Chartered Bank on Tuesday, May 20, 2025, unveiled a $1 billion initiative in Washington, D.C. to boost local currency lending across Africa. The...
The Entrepreneur’s Code “Conviction and humility,” Tuyishime insists, “are what make or break an entrepreneur.” He rejects the myth that capital is king. “Too many entrepreneurs...
An internal audit uncovered a fraud ring using stolen logins to process 40+ illegal payouts. Both junior and senior staff were implicated.
Co-op Bank's commitment to financial inclusion shines through partnerships with government initiatives, empowering millions with microcredit, savings, and insurance solutions while reinvesting in communities for sustainable...
African central banks may join global peers in easing rates, as inflation slows and investor appetite returns to local bonds and equities.
