CIC Insurance Group H1 Profit Rises 70% as Asset Management Income Grows.
CIC Insurance Group PLC said on Friday its net profit rose 70.3% in the first half of 2026, as higher…
MTN Explores Banking Licences as Lending Drives Fintech Growth.
MTN Group, Africa’s largest telecommunications operator, is exploring banking licences in selected markets as it seeks to expand lending from…
Standard Chartered Kenya’s Sustainable Finance Assets Rise 11% To $484 Million.
Standard Chartered Bank Kenya’s sustainable finance assets grew 11% to 62.5 billion Kenyan shillings ($484.5 million) in 2025, up from…
Nairobi Securities Exchange Profit Surges 386% In First Half Of 2026 on Record Equity Trading.
The Nairobi Securities Exchange (NSE) reported a 386% jump in first-half profit to 736.9 million shillings ($5.7 million) for the…
Kenya Pipeline Company Signs Long-Term Crude Oil Storage Deal with Gulf Energy.
Kenya Pipeline Company PLC (KPC) said on Wednesday its subsidiary had signed a 25-year crude oil storage and handling contract…
Global Financiers to Address Angola’s Oil and Gas Investment Gap at Luanda Conference.
Executives from Standard Bank, Africa Finance Corporation, Premier Invest and Banco Angolano de Investimentos (BAI) will join the Angola Oil…
Rwanda Breaks into Yen Debt Market with Record-Low Priced World Bank-Backed Loan.
Rwanda’s Ministry of Finance and Economic Planning said it has closed a dual-currency loan facility worth 82 million euros ($95…
Nairobi Securities Exchange Halts Trading in HFCB Group Plc Shares Over Premature Results Disclosure.
The Nairobi Securities Exchange (NSE) halted trading in HFCB Group Plc shares on Thursday after the company released its financial…
South Korean Fintech Tomoarrow Launches Cross-Border Identity Verification Tool.
South Korean financial technology and regulatory technology company Tomoarrow said it has launched an electronic identity verification system designed to…
South Korea Unveils $70 Billion Future Response Fund, Drawing Oversight Concerns.
South Korea’s government has proposed a new Future Response Fund worth more than 100 trillion won ($70.7 billion), funded by…