AFC, Afreximbank Vehicle Among Investors in Dangote Refinery’s Record Equity Raise
The Africa Finance Corporation (AFC) and India Infra Buildco, an investment vehicle facilitated by the African Export-Import Bank (Afreximbank), were among investors that participated in...
Safaricom Legal Team Named Africa’s Best Large In-House Legal Department at 2026 Awards
Safaricom PLC has emerged as one of the biggest winners at the Annual Legal Era Africa Law Awards 2026, receiving recognition for its outstanding in-house...
Stanbic Bank Tanzania Opens TZS 350 Million Early Childhood Centre in Zanzibar Under ECD Initiative
Stanbic Bank Tanzania has funded the establishment of the Dr. Hussein Ali Mwinyi Early Childhood Development Centre in Mwanakwerekwe, Zanzibar, as part of efforts to...
19 Kenyan Banks that Reduced PesaLink Transfer Fees
Nineteen Kenyan banks and microfinance banks have reduced PesaLink transfer charges, nearly doubling the number of participating lenders in less than two months as competition...
Co-op Bank, CARE Kenya Launch Guarantee Fund to Unlock Affordable Credit for Women Farmers
The Co-operative Bank of Kenya has signed a Memorandum of Understanding (MoU) with CARE Kenya International to establish a de-risking guarantee fund aimed at improving...
KCB Loses Sh2,050 Mobile Money Transfer Case as Court Orders Banks to Act Fast on Wrong Payments
Kenya Commercial Bank (KCB) has lost a three-year legal battle over a Sh2,050 mistaken mobile money transfer after the High Court ruled that banks have...
Diamond Trust Bank Kenya Appoints Former CMA CEO Paul Muthaura to Board
Diamond Trust Bank Kenya (DTB) has appointed seasoned governance and financial markets expert Paul Murithi Muthaura, MBS, as a Non-Executive Director. The appointment took effect...
KCB Bank, KDF Launch Mortgage Scheme to Boost Home Ownership for the Military
KCB Bank in collaboration with the Kenya Defence Forces (KDF) have joined hands to launch a dedicated mortgage scheme designed to make home ownership more...
NCBA Targets Green Transport Growth with ePureMotion Electric Mobility Financing Deal
NCBA Group has partnered with electric mobility company ePureMotion to expand access to electric vehicles (EVs) through tailored asset financing solutions aimed at individuals, businesses...
Airtel Money Eyes London’s Biggest Fintech IPO Since Wise
Airtel Africa is stepping up preparations for the planned London Stock Exchange listing of its mobile financial services business, Airtel Money, by expanding its investment...