Bank

World Bank Group Invests $25 Million in Jumia to Expand Africa’s Digital Commerce – THISDAYLIVE

• Targets 60,000 sellers, 1,800 direct jobs, 100,000 sales agents • Funding to strengthen digital payments across 8 African markets…

2 weeks ago

Africa’s largest crypto market opens central bank sandbox to stablecoins and virtual-asset firms

The Central Bank of Nigeria announced on Tuesday that applications had opened for the second cohort of its Regulatory…

2 weeks ago

Inside the Largest Black-Owned Bank Merger in U.S. History

Here are the stats you must remember: $1.3 billion. Ten locations across North and South Carolina. One historic merger. Two…

2 weeks ago

Kenya central bank holds key rate, growth forecasts unchanged

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28,…

2 weeks ago

Can SHA Deliver Universal Care Without Breaking the Bank? – Health Business

Kenya is betting more than $1.5 billion on a sweeping overhaul of how its citizens pay for and receive healthcare,…

2 weeks ago

World Bank sees Kenya’s SHA reforms driving private hospital investment – Capital FM Kenya

NAIROBI, Kenya, Aug 7 – Kenya’s overhaul of public healthcare financing is emerging as a test of whether government reforms…

2 weeks ago

Bank urges Africa to increase local funding for infrastructure projects

Dar es Salaam. Africa should scale up its existing financial institutions, deepen domestic capital markets and strengthen regional cooperation to…

2 weeks ago

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from…

3 weeks ago

South African Bank Stocks Priced For Better Days

South Africa’s bond market is quietly telling a different story to the rating agencies, as government debt trades at investment…

3 weeks ago

Kenya seeks $450m World Bank emergency funding as war, weather risks grow

Kenya is in talks to secure about $450 million in emergency funding from the World Bank as the government races…

3 weeks ago