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GW Platt Recognizes Top Foreign Exchange Banks in Africa 2026
Business and Economy

GW Platt Recognizes Top Foreign Exchange Banks in Africa 2026

Ecobank has been recognized for its foreign exchange capabilities in Africa, leveraging digital platforms to streamline payments and provide liquidity solutions. The bank’s services are

Nigeria Banks Face 2026 Recapitalization Requirements
Business and Economy

Nigeria Banks Face 2026 Recapitalization Requirements

The Central Bank of Nigeria (CBN) implemented a new capital requirement for banks, prompting questions about the stability and financial health of the banking sector.

Kenya Suspends Trade Agreement with China
Business and Economy

Kenya Suspends Trade Agreement with China

Kenya has delayed signing a trade agreement with China. The delay comes as the nation seeks to renew its participation in the African Growth and

Japan and Kenya Upgrade Port of Mombasa
Business and Economy

Japan and Kenya Upgrade Port of Mombasa

A Japanese parliamentary delegation, led by Councillor Akiko Ikuina, recently visited the Port of Mombasa. The visit highlighted the long-standing and impactful partnership between Japan

Kenya’s Trade Deficit Widens Amid Rising Asian Imports
Business and Economy

Kenya’s Trade Deficit Widens Amid Rising Asian Imports

Kenya faces a widening trade imbalance, presenting a challenge to policymakers aiming to stabilize the external account through export growth. The latest data from the

Flutterwave Buys Mono to Expand African Open Banking
Business and Economy

Flutterwave Buys Mono to Expand African Open Banking

Flutterwave, a leading payments technology company in Africa, has acquired Mono, a provider of open banking infrastructure. The acquisition aims to enhance Flutterwave’s account-to-account (A2A)

Kenyan court suspends challenge to EABL acquisition
Business and Economy

Kenyan court suspends challenge to EABL acquisition

A Kenyan court has postponed a hearing concerning an attempt to block the sale of Diageo’s business in the country to Asahi Group Holdings. The

Request Unfulfilled
Business and Economy

Circular Economy Seen as $546 Billion Opportunity in Africa

The African Development Bank (AfDB) emphasized the potential of circularity to strengthen global value chains and accelerate clean energy and digital transitions during high-level engagements

Kenya Pipeline IPO Consultants to Earn Over Ksh200 Million
Business and Economy

Kenya Pipeline IPO Consultants to Earn Over Ksh200 Million

Preparations are underway for the Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC) at the Nairobi Securities Exchange (NSE). The transaction, anticipated to

Kenya’s Economy Expands 4.9% in Third Quarter 2025
Business and Economy

Kenya’s Economy Expands 4.9% in Third Quarter 2025

Kenya’s economy grew by 4.9 percent in the third quarter of 2025, according to the Kenya National Bureau of Statistics (KNBS). This represents an improvement