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World Bank Group Invests $25 Million in Jumia to Expand Africa’s Digital Commerce – THISDAYLIVE
- By Black Hot Fire Network Team
- . August 13, 2026
• Targets 60,000 sellers, 1,800 direct jobs, 100,000 sales agents • Funding to strengthen digital payments across 8 African markets Emmanuel Addeh in Abuja and
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
- By Black Hot Fire Network Team
- . August 9, 2026
The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from energy and power generation to
CASE STUDY | ‘The Kenya Government Brings 30 Million+ Academic Credentials On-Chain,’ Announces Avalanche – BitKE
- By Black Hot Fire Network Team
- . August 4, 2026
Kenya has launched a blockchain-based platform for verifying academic credentials through the Kenya National Examinations Council (KNEC) moving more than 30 million examination records onto
AfDB Invests $332 Million in Standard Bank to Expand SME Financing in South Africa
- By Black Hot Fire Network Team
- . July 31, 2026
The grant will help address barriers faced by women entrepreneurs by supporting the adoption of digital payment tools to build verifiable credit histories and providing
Foreign visitors to Kenya must have Sh6.5 million health insurance cover under new rules
- By Black Hot Fire Network Team
- . July 31, 2026
Kenya has gazetted new Social Health Insurance Regulations, 2024, making travel health insurance mandatory for all inbound visitors and setting a minimum insurance cover of
Nigerian-owned Caribbean bank takes Zambia to court in $40 million fight over failed bank investment
- By Black Hot Fire Network Team
- . July 30, 2026
Bank of Nevis International (BONI) has filed for judicial review against the Bank of Zambia, the country’s finance minister and attorney general, claiming regulators
Trump Asks Supreme Court to Toss $83 Million Carroll Verdict
- By Black Hot Fire Network Team
- . July 30, 2026
President Donald Trump asked the US Supreme Court to consider overturning an $83.3 million jury verdict against him in a defamation suit by the writer
12 Startups Get Sh13 Million to Scale Inclusive Education – Capital FM Kenya
- By Black Hot Fire Network Team
- . July 27, 2026
NAIROBI, Kenya, Jul 25 – Twelve early-stage Kenyan education technology (EdTech) startups will each receive up to USD 100,000 (Sh13 million) in equity-free funding under
Billionaire erects $124 million gas terminal to challenge Kenya’s import duopoly
- By Black Hot Fire Network Team
- . July 22, 2026
The 30,000-tonne facility located at the Dongo Kundu Special Economic Zone is currently approaching completion, according to the Kenya Special Economic Zones Authority.
Federal jury awards $13 million to family of man killed in crash with Houston police officer – Houston Public Media
- By Black Hot Fire Network Team
- . July 18, 2026
Houston Police Department Surveillance video of the Dec. 26, 2021, crash involving Charles Payne and Houston Police Department officer Christopher Cabrera. After days of deliberation,