Investigation: Telkom Kenya, Airtel Kenya merger stalled
Merger suspended on the basis of recapitalisation and misappropriation of funds at Telkom...
Tag : Africa
Standard Bank targets micro-merchants, invests in fintech
Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet...
Japan woos African startups to counter China’s BRI
Japan to pledge more than 300 billion yen to Africa during the conference...
9mobile receives $230 million as loan from African Finance
The loan will be used to repay debts, finance costs, and to aid in the growth of the firm...
Kenya to export first ever oil consignment worth $12 mn
ChemChina buys 200,000 barrels of crude oil from Kenya, to be shipped from the Mombasa port...
Kenyan banks seek amendment of interest rate capping law
Kenya Bankers Association asks parliament to increase the interest rate capping limit for industries to flourish...
CBN deadline: Nigerian banks scramble for borrowers
Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates...
MTN says it’s on track to achieve the $1 bn divestment target
The H1 sale report gives confidence to the firm to go forward with its $996 million divestment plan...
African payment gateway fintech Innovate forays into Dubai
According to Innovate I Pay, the increasing number of African expatriates in UAE was a crucial deciding factor...
Kenyan traders reluctant to use SGR, fearful of losses
Kenyan authorities issue directive that all cargo imports will be transported from Mombasa to Nairobi via the Standard Gauge Railway...