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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

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

CASE STUDY | ‘The Kenya Government Brings 30 Million+ Academic Credentials On-Chain,’ Announces Avalanche – BitKE

Kenya has launched a blockchain-based platform for verifying academic credentials through the Kenya National Examinations Council (KNEC) moving more than…

3 weeks ago

AfDB Invests $332 Million in Standard Bank to Expand SME Financing in South Africa

The grant will help address barriers faced by women entrepreneurs by supporting the adoption of digital payment tools to build…

4 weeks ago

Foreign visitors to Kenya must have Sh6.5 million health insurance cover under new rules

Kenya has gazetted new Social Health Insurance Regulations, 2024, making travel health insurance mandatory for all inbound visitors and setting…

4 weeks ago

Nigerian-owned Caribbean bank takes Zambia to court in $40 million fight over failed bank investment

Bank of Nevis International (BONI) has filed for judicial review against the Bank of Zambia, the country’s finance minister…

4 weeks ago

Trump Asks Supreme Court to Toss $83 Million Carroll Verdict

President Donald Trump asked the US Supreme Court to consider overturning an $83.3 million jury verdict against him in a…

4 weeks ago

12 Startups Get Sh13 Million to Scale Inclusive Education – Capital FM Kenya

NAIROBI, Kenya, Jul 25 – Twelve early-stage Kenyan education technology (EdTech) startups will each receive up to USD 100,000 (Sh13…

1 month ago

Billionaire erects $124 million gas terminal to challenge Kenya’s import duopoly

The 30,000-tonne facility located at the Dongo Kundu Special Economic Zone is currently approaching completion, according to the Kenya…

1 month ago

Federal jury awards $13 million to family of man killed in crash with Houston police officer – Houston Public Media

Houston Police DepartmentSurveillance video of the Dec. 26, 2021, crash involving Charles Payne and Houston Police Department officer Christopher Cabrera.…

1 month ago