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M-Pesa Celebrates 19 Years as Kenya’s Leading Mobile Payment System
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 economy. The platform, operated by

African trade infrastructure improves since 2022 Standard Bank
Business and Economy

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 is the first time since

South Africa Eyes 2026 World Cup Qualification Success
Business and Economy

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 prompted Standard Bank to establish

Bidvest Revives Bank Sale After Failed Access Deal
Business and Economy

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 to Access Bank did not

Nedbank Gains Approval for NCBA Stake Acquisition
Business and Economy

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 $855.5 million, represents a significant

Zimbabwe Introduces ZiG Currency to Stabilize Economy
Business and Economy

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 for its currency. Existing ZiG

European Investment Bank to Invest €3.1 Billion in Africa
Business and Economy

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 smaller states. A significant portion

Bank CEOs Discuss Workforce Plans Amid AI Adoption
Business and Economy

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) on employment. The survey, encompassing

Kenya Penalizes GT Bank Over ASL Dispute Practices
Business and Economy

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) in improperly levied charges. The

Kenya Outlines Plan for Data-Driven Digital Economy
Business and Economy

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 for citizens. The policy shifts