In a move set to significantly reshape Kenya’s digital financial landscape, Safaricom and PayPal have announced a groundbreaking strategic partnership. This collaboration is designed to enable seamless fund transfers between M-Pesa and PayPal accounts, unlocking a new era of global digital connectivity for millions. The alliance is poised to benefit over 35 million M-Pesa users […]
South Korea’s Ministry of SMEs and Startups (MSS) has unleashed its most ambitious global startup investment initiative to date, orchestrating a monumental ₩2.4 trillion KRW (approximately $1.84 billion USD) Global Fund program. This landmark endeavor seamlessly blends government capital with significant contributions from leading foreign Venture Capital (VC) firms, signaling a new era for Korean […]
In a significant shift within Africa’s dynamic startup ecosystem, Kenya’s clean energy startups have emerged as the undisputed leaders in July 2025 funding, capturing a staggering 83% of the continent’s $550 million boost. This remarkable performance, largely propelled by two pioneering Kenyan companies, underscores a growing investor appetite for sustainable solutions and a strategic pivot […]
In a significant move poised to inject fresh dynamism into Kenya’s economy, NCBA Bank Kenya, a leading player in asset financing, today announced a strategic partnership with Mobikey Truck & Bus Ltd. This collaboration is set to provide comprehensive and flexible asset financing solutions for a wide range of heavy-duty vehicles and machinery, including MAN […]
Saudi Aramco, the world’s preeminent oil exporter, today announced a significant 22% decline in its second-quarter net profit, primarily attributed to lower revenues and an increase in its debt burden. The results underscore the volatile nature of global energy markets and the complex challenges facing even the most robust players in the hydrocarbon sector. The […]
Morocco, a nation long recognized for its vast phosphate reserves, is embarking on an ambitious and comprehensive reform of its mining sector. Led by the Ministry of Energy Transition and Sustainable Development, under the guidance of Minister Leila Benali, this strategic overhaul aims to transform the sector into a dynamic engine for economic sovereignty and […]
Absa Bank Kenya has significantly bolstered its commitment to addressing Kenya’s persistent affordable housing deficit, earmarking KES 4 billion for onward lending to the retail segment. This substantial allocation represents an increase from its previous KES 3 billion investment portfolio with the Kenya Mortgage Refinance Company (KMRC), signaling Absa’s intensified focus on making homeownership a […]
The global robotaxi sector is experiencing an unprecedented surge in investment, with capital injections now exceeding a staggering $2 billion. This financial influx underscores a critical turning point in the development and deployment of autonomous vehicles, signaling a rapid acceleration towards a future where driverless cars are a common sight on urban roads. Leading the […]
ExxonMobil, a leading U.S.-based integrated energy company, is set to underscore its long-term commitment to Africa’s burgeoning energy sector as a Diamond Sponsor at the highly anticipated 2025 African Energy Week (AEW) conference in Cape Town. The African Energy Chamber has confirmed ExxonMobil’s pivotal role in the event, scheduled for later this year under the […]
In a significant move poised to reshape Kenya’s rapidly evolving real estate sector, NCBA Bank has announced a strategic distributor partnership with Zetu Innovations, the visionary creators behind the Nyumba Zetu platform. This collaboration is set to empower NCBA’s extensive real estate customer base with a cutting-edge property management solution, designed to simplify the intricate […]
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...
