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Financial Stability Board (FSB) Introduces Global Regulatory Framework for Crypto, Recommending Guidelines to G20 Economies

Financial Stability Board (FSB) Introduces Global Regulatory Framework for Crypto, Recommending Guidelines to G20 Economies The Financial Stability Board (FSB), an international organization responsible for monitoring the global financial system, has introduced a comprehensive global regulatory framework for cryptocurrencies. These guidelines, recommended to the G20 countries, are based on the principle of “same activity, same […]

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Embracing the Future of Investment Management: Clearwater-GPT Hits the Market

July 25, 2023 Clearwater Analytics, a leading provider of SaaS-based investment management solutions, has announced the upcoming launch of Clearwater-GPT, the world’s first generative AI technology for investment management. This innovative tool will provide AI-generated content for sales, service, marketing, IT, and client interaction, empowering Clearwater’s global clientele to analyze investment data more efficiently and […]

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European Startups to Benefit from Late Stage Fund

July 19, 2023 SC Giano Capital of Geneva ,Switzerland has announced that they are launching a 50 Million euros Later Stage Fund targeting the European market. Founded by serial entrepreneur Alberto Chalon and Andreas Wiele, who is from a media and tech executive background, the fund is proposed to be  invested in the European tech […]

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NSE and CMA Collaborate to Launch Carbon Credits Exchange

The Capital Markets Authority (CMA) of Kenya is planning to conduct a comprehensive evaluation of the country’s carbon market, including its ecosystem and stakeholder mapping. The goal is to understand the demand, supply conditions, and growth trajectory of the market, which will then guide the development of a policy framework for overseeing a robust and […]

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OTC Gold Buying Surges: Wealthy Investors Seek Protection

In the second quarter, despite a slowdown in central bank purchases, the demand for gold bars remained high due to wealthy individuals and corporates seeking safe-haven investments. According to a quarterly report by the World Gold Council (WGC), gold demand increased by 7 per cent, reaching 1,255 tonnes in the three months leading up to […]

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UK Invests £40 Million in Ghana’s Small Businesses

James Cleverly, the Foreign Secretary of the United Kingdom, is set to visit three African countries during his four-day tour aimed at strengthening future-focused and mutually beneficial partnerships. Kicking off his journey in Ghana today, Monday, July 31, Cleverly will announce new UK investments for small businesses in Ghana. As one of the UK’s major […]

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Wilo Group Launches Assembly Plant in Nairobi to Propel Operations and Enhance Solutions in East Africa

July 26 2023 Wilo Group, a renowned German manufacturer of pumps and pump systems, is reinvigorating its presence in Kenya by establishing an assembly plant in Nairobi. This strategic move is fueled by the company’s recognition of the burgeoning opportunities in the country’s high-rise construction projects and the government’s affordable housing initiatives. Over the past […]

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US Commits $12 Million Towards Reviving Pyrethrum Sector in Kenya

July 14 2023 In a significant boost to the agricultural sector in Kenya, the United States government has committed $12 million towards reviving the pyrethrum sector. Pyrethrum is a valuable crop used in the production of natural insecticides and is known for its effectiveness in controlling pests. The investment aims to rejuvenate the pyrethrum industry, […]

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Sustainable Investment Breakthrough: KCB Foundation’s 100,000 Electric Bike Plan

July 24, 2023 KCB, one of Kenya’s leading financial institutions, has announced a groundbreaking partnership with the United Nations Institute for Training and Research (UNITAR) to launch an ambitious plan to sell 100,000 electric bikes in the country within the span of a year. This bold initiative is in line with KCB’s commitment to achieving […]

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Starlink Enters Kenya

July 18, 2023 Starlink, the groundbreaking satellite internet service, has made its entry into the Kenyan market. This move follows its successful expansion into other African countries, including Nigeria, Mozambique, Rwanda, and Sierra Leone, as announced by CEO Elon Musk earlier this year. On July 18, 2023, Musk took to Twitter to announce the inclusion […]

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