CIT Vericash Named Best Digital Financial Services Platform by Global Business Outlook.
CIT Vericash, a fintech platform provider serving banks across Africa, said on Monday it had been named Best Digital Financial…
Kenya Re profit climbs 43% to KSh2.3 billion on stronger underwriting.
Kenya Reinsurance Corporation reported a 42.8% rise in profit after tax to KSh2.3 billion ($17.8 million) for the six months…
Fitch Revises Tanzania Outlook to Positive, Affirms B+ Rating.
Fitch Ratings revised Tanzania’s sovereign credit outlook to Positive from Stable on Friday, citing stronger foreign-exchange reserves, manageable fiscal deficits…
Moody’s Assigns Top Sustainability Score to Centum Real Estate Green Bond Framework.
Moody’s Ratings has assigned Centum Real Estate Limited’s green bond framework its highest Sustainability Quality Score, SQS1, citing strong alignment…
Kenyan Private Sector Group, British Officials Discuss ESG Standards for Local Firms.
The Kenya Private Sector Alliance (KEPSA) met with the British High Commission and a British ESG advisory firm on Aug.…
Kenya National Lottery Board Appoints Transaction Advisor for First National Lottery Operator.
Kenya’s National Lottery Board said on Thursday it has appointed a consortium of RSM Eastern Africa and Sweden’s QLOT Consulting…
BOC Kenya Profit Falls 40% in First Half, But Dividend Rises 60%.
BOC Kenya Plc an industrial gas supplier listed on the Nairobi Securities Exchange, said on Thursday its profit after tax…
EU-Tanzania Trade Tops $2 Billion as Bloc Expands Private Sector Support.
EU-Tanzania trade reached 1.95 billion euros ($2.1 billion) in 2024, the European Union said, as the bloc pledged continued grant…
Financial Discipline Key to More SACCO Funding, Uganda Tells Skilling Hub Graduates.
Uganda’s State House has warned graduates of a government-run vocational training programme against misusing start-up loans issued through their local…
Founder Of Collapsed Chinese Property Giant Evergrande Sentenced to Life in Prison.
Hui Ka Yan, founder of collapsed Chinese property developer Evergrande, was sentenced to life in prison on Thursday after pleading…