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?Bharath KumarDecember 4, 2019January 15, 2020 by Bharath KumarDecember 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
BankingStandard Chartered launches digital loans for Kenyan youthPritam BordoloiNovember 15, 2019 by Pritam BordoloiNovember 15, 2019 The average age of a Standard Chartered customer is 50 plus... Read more
AviationKenya Airways needs Sh45 bn to be profitable: ChairmanPritam BordoloiNovember 15, 2019 by Pritam BordoloiNovember 15, 2019 According to chairman Micheal Joseph, it needs to get rid of its debt before making profits again... Read more
HealthcareSouth Africa healthtech Guidepost raises fundingPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 AlphaCode, fintech investment arm of Rand Merchant Investments, has secured a 25.1% stake in Guidepost... Read more
TelecomKenya’s EACC is yet to clear Telkom-Airtel mergerPritam BordoloiNovember 12, 2019 by Pritam BordoloiNovember 12, 2019 The commission is probing irregularities with regard to Telkom’s share sale... Read more
FintechVisa to take 20% in profitable African fintech InterswitchPritam BordoloiNovember 12, 2019 by Pritam BordoloiNovember 12, 2019 The $200 mn deal will see Visa become a cornerstone investor in the startup ahead of a London IPO... Read more