Bank Of Baroda Kenya Denies Closure Reports, Says Operations Continue.
Bank of Baroda (Kenya) Limited said it continues to operate normally in Kenya, rejecting reports that it was closing its…
Kenya Power Revenue Rises to Ksh238.2 Billion in FY2026.
Kenya Power and Lighting Company Plc reported revenue of KSh238.24 billion for the year ended June 30, 2026, up from…
NCBA Launches End-To-End Motor Insurance on LOOP App.
NCBA Group has introduced an end-to-end private motor insurance service on its LOOP app, allowing customers to compare quotes, complete…
Rwanda Regulator Moves to Open Access to Dangote Refinery IPO For Local Investors.
Rwanda’s capital markets regulator said it is working with stakeholders to help Rwandan investors take part in the initial public…
EBRD, Co-Operative Bank of Kenya Sign $50 Million Swap Tied to New KESONIA Rate.
The European Bank for Reconstruction and Development (EBRD) has signed a $50 million (€43.1 million) cross-currency swap agreement with the…
Kenyan Avocado Exporter Karakuta Fresh Produce Plans to list on the Nairobi Securities Exchange.
Karakuta Fresh Produce Ltd, a Kenyan exporter of avocados and fresh organic herbs, said on Thursday it intends to list…
Kenya Court Nullifies $1.6 Billion Vodacom Purchase of Safaricom Stake.
Kenya’s High Court has declared void the government’s sale of a 15% stake in Safaricom PLC to Vodacom Group, ruling…
Federal Reserve Raises Interest Rates To 3.75%-4%, Signals another Hike.
The U.S. Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, taking the federal funds…
World Bank Mobilizes Record $112 Billion in Private Capital in FY26.
The World Bank Group mobilized a record $112 billion in private capital for developing economies in fiscal 2026, more than…
Afreximbank Extends $10 Million Facility to Azania Bank for Tanzania SMEs.
African Export-Import Bank (Afreximbank) has extended a $10 million finance facility to Tanzania’s Azania Bank to expand access to funding…