Forward Industries (NASDAQ: FWDI), the largest institutional holder of Solana (SOL) tokens, is confronting a staggering $668 million in unrealized losses as the cryptocurrency trades precipitously below the company’s purchase price of $230 per token. This massive paper loss represents one of the most dramatic examples of institutional cryptocurrency exposure gone wrong and raises fundamental […]
The cryptocurrency market witnessed a significant technical development in mid-November 2025 when Bitcoin formed what traders call a “death cross,” a pattern that has historically signaled potential bearish momentum in financial markets. On November 16, 2025, Bitcoin’s 50-day moving average crossed below its 200-day moving average, marking this ominous technical milestone at a time when […]
The Kenyan government is spearheading a transformative regulatory framework designed to revolutionize how farmers access financial protection against escalating climate-related disasters. Under proposed new rules, insurers offering weather-related policies would be legally required to settle claims within just 10 days—a dramatic acceleration that experts believe could fundamentally reshape agricultural insurance across Africa. This unprecedented initiative […]
In a significant development that signals the continuing expansion of Nigerian banking giants across Africa, Zenith Bank Plc, Nigeria’s second-largest lender by total assets, is preparing to enter the East African market through its planned acquisition of Kenya’s Paramount Bank. This strategic move, expected to be finalized by January 2026 pending regulatory approvals, represents a […]
In a significant development that has drawn attention across East Africa’s telecommunications and financial services sectors, Vodacom Group has firmly rejected proposals to separate M-Pesa from Safaricom’s core telecommunications operations, despite mounting pressure from Kenyan regulatory authorities and government officials. The decision underscores the complex interplay between regulatory oversight, corporate strategy, and the evolution of […]
In a move that signals the cryptocurrency industry’s most ambitious diversification effort to date, Tether Holdings is in advanced discussions to lead a €1 billion (approximately $1.15 billion) funding round for Neura Robotics, a German startup developing AI-powered humanoid robots. If finalized, the deal would value Neura between €8 billion and €10 billion, representing one […]
The cryptocurrency exchange-traded fund (ETF) market experienced one of its most volatile trading sessions on Thursday, November 14, 2025, as established Bitcoin and Ethereum funds endured severe redemptions totaling more than $1.1 billion, while Canary Capital’s newly launched XRP ETF celebrated a record-breaking debut that captured investor imagination despite broader market turmoil. This stark divergence […]
The African real estate investment landscape is witnessing a significant transformation as cross-border collaboration replaces traditional geographical limitations. Dewale Consulting, a prominent property consultancy and advisory firm operating across the African continent, has unveiled an ambitious initiative designed to bridge Nigerian investors with lucrative real estate opportunities in East Africa, particularly within Kenya’s thriving property […]
Standard Chartered Bank Kenya has introduced a groundbreaking financial product that allows clients to leverage their holdings in Kenyan government bonds as collateral for loans, marking a significant innovation in the country’s evolving wealth management and retail banking landscape. The new lending facility specifically targets investors who have purchased government securities directly through the Central […]
Kenya’s public debt has breached the Sh12 trillion threshold, reaching Sh12.06 trillion in September 2025, according to the latest data released by the National Treasury. This milestone represents a significant escalation in the country’s debt burden and highlights a fundamental shift in the government’s financing strategy toward domestic markets. The total public debt burden now […]
The Kenya Revenue Authority has announced an 8 percent market interest rate for fringe benefits and low-interest employee loans for...
Turkey's Central Bank of the Republic of Türkiye delivered a more cautious than expected 100 basis point reduction in its...
The European Union has positioned Nigeria and other African countries as major beneficiaries of its 2026 humanitarian response, allocating €557...
In a significant boost to Kenya's climate finance infrastructure, the World Bank has committed approximately Sh5.5 billion ($43 million) to...
