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 […]
Safaricom, Kenya’s telecommunications giant, is piloting a groundbreaking new feature called Ziidi Trader that could fundamentally transform how millions of Kenyans access and interact with the country’s capital markets. The innovative platform, currently in testing phase, will integrate stock trading on the Nairobi Securities Exchange (NSE) directly into the M-PESA app, potentially opening up the […]
Kenya’s electric mobility sector is experiencing a remarkable transformation, with electric motorcycles rapidly gaining market share in a country where motorcycle taxis, locally known as boda bodas, form the backbone of urban and rural transportation. In a groundbreaking move that democratizes investment access, Roam, one of Kenya’s leading electric motorcycle manufacturers, has launched a crowdfunding […]
African stock markets demonstrated remarkable resilience and momentum during the third quarter of 2025, with Nigeria, Kenya, and Morocco emerging as the strongest performers as investor confidence improved following months of currency volatility and macroeconomic uncertainty. The latest market capitalization data from Kenya’s Capital Markets Authority (CMA) reveals that out of nine African exchanges analyzed, […]
The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR),...
The United Arab Emirates is positioning itself for another year of impressive economic expansion, with government projections indicating that the...
The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a...
The Nairobi Securities Exchange has entered uncharted territory as Safaricom's newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally...
