EnergyRenewable energy now over 90% of Kenya’s energy mixPritam BordoloiDecember 16, 2019 by Pritam BordoloiDecember 16, 2019 Kenya recently launched its new 50 MW solar plant to achieve the milestone... Read more
InsuranceKenya insurtech Turaco raises $1.2 mn to upgrade operationsPritam BordoloiDecember 12, 2019 by Pritam BordoloiDecember 12, 2019 Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures... Read more
InsuranceChubb first property insurer to invest in Africa Trade InsurancePritam BordoloiDecember 11, 2019 by Pritam BordoloiDecember 11, 2019 Chubb, which is the world’s biggest property insurer, will invest $10 mn in African Trade Insurance Agency... Read more
TelecomSafaricom’s Mali to take on banks through mobile saving servicePritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The new investment tool, powered by M-Pesa, will offer an interest rate of 10% per year... Read more
FintechAfrican fintech My-iMali raises funds to increase customer basePritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The South Africa-based startup received the funding from fintech holding company Crossfin... Read more
FintechNigerian fintech Migo raises $20 mn for Brazil expansionPritam BordoloiDecember 4, 2019 by Pritam BordoloiDecember 4, 2019 Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital... Read more
FinanceMagazineNovember- December 2019 IssueMobile Money in Nigeria: Will MTN succeed where others failed?International FinanceDecember 4, 2019January 15, 2020 by International FinanceDecember 4, 2019January 15, 2020 While mobile money is already a success in Kenya, Nigeria is finally adopting the right policies to make it a success... Read more
AviationKenya Airways CEO demands quicker nationalisationPritam BordoloiDecember 2, 2019 by Pritam BordoloiDecember 2, 2019 Government to appoint a nationalisation advisor by the end of the year... Read more
BankingKenyan banks outperform Nigerian counterpartsPritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 According to Moody’s report, technology helped Kenyan banks to be more efficient... Read more
Ports and ShippingDP World’s $520 mn Sokhna port expansion nears completionPritam BordoloiNovember 22, 2019 by Pritam BordoloiNovember 22, 2019 The expansion will take DP World’s total investment in Egypt to $1.6 bn... Read more