Business and Economy

M-Pesa Celebrates 19 Years as Kenya’s Leading Mobile Payment System

M-Pesa, launched in 2007, has evolved from a simple mobile money transfer tool into a core component of Kenya’s digital…

1 month ago

African trade infrastructure improves since 2022 Standard Bank

African trade is experiencing a period of increased momentum, with improvements observed across infrastructure, business confidence, and macroeconomic stability. This…

1 month ago

South Africa Eyes 2026 World Cup Qualification Success

South Africa’s national men’s team, Bafana Bafana, has experienced increased brand value following their World Cup qualification. This success has…

1 month ago

Bidvest Revives Bank Sale After Failed Access Deal

Bidvest, a B2B services, trading, and distribution group, has relaunched the process to dispose of Bidvest Bank. The previous sale…

1 month ago

Nedbank Gains Approval for NCBA Stake Acquisition

Nedbank has secured regulatory approval to acquire a 66% stake in NCBA, a leading Kenyan bank. The transaction, valued at…

1 month ago

Zimbabwe Introduces ZiG Currency to Stabilize Economy

Zimbabwe is introducing new notes featuring illustrations of the country's "Big Five" wildlife, aiming to establish a clear national identity…

1 month ago

European Investment Bank to Invest €3.1 Billion in Africa

The European Investment Bank (EIB) committed substantial funding to various projects across Africa in 2025, focusing on key economies and…

1 month ago

Bank CEOs cite AI as hiring slows due to redeployment

A recent survey by EY indicates a prevailing sentiment among financial services CEOs regarding the impact of artificial intelligence (AI)…

1 month ago

Kenya Penalizes GT Bank Over ASL Dispute Practices

A Kenyan regulator has ordered GT Bank to pay approximately $257,000 (KES 33,180,000) and refund ASL roughly $102,000 (KES 13,211,285)…

1 month ago

Kenya Outlines Plan for Data-Driven Digital Economy

Kenya has introduced a National Data Governance Policy designed to unify government data and transform it into a valuable resource…

1 month ago