Flame Tree Group Holdings Returns to Profit in H1 2026 as Revenue Rises 12% and Operating Profit More Than Doubles.
Flame Tree Group Holdings (FTG Holdings) returned to profitability in the first half of 2026, with revenue rising 11.6% and…
National Bank of Kenya Profit After Tax Jumps 61% in First Half Of 2026.
National Bank of Kenya (NBK) reported a 61% rise in profit after tax for the six months ended June 30,…
Citibank Kenya to Close Mombasa Branch, Consolidate Operations in Nairobi.
Citibank Kenya will shut its Mombasa branch on Nov. 30 and shift all corporate banking operations to its Nairobi headquarters,…
Namibia to Host African Energy Summit as Continent Seeks Investment to Close $130 Billion Power Gap.
Namibia will host a major African energy summit in Windhoek this October, organizers said, as the continent seeks to attract…
Lesotho Hosts African Summit on Reforming State-Owned Enterprise Governance.
Lesotho is hosting a three-day summit of African government officials and state enterprise executives this week aimed at strengthening corporate…
Discovery Expects Headline Earnings Per Share to Rise by Up To 36% For the Financial Year Ended 30 June 2026.
South African financial services group Discovery said on Wednesday it expects headline earnings per share to rise by between 31%…
Privacy-Focused Blockchain Firm Beldex Raises $8 Million to Expand Web3 and AI Infrastructure.
Beldex, a privacy-focused blockchain ecosystem, said on Tuesday it had raised $8 million in a new funding round to expand…
Kenya Pension Assets Hit Record 3.17 Trillion Shillings, Driven by Equities Rally.
Kenya’s pension industry assets under management rose 25.13% to a record 3.17 trillion shillings ($24.5 billion) in the year to…
Kakuzi Warns Full-Year Profit Could Fall At Least 25% After Weak Avocado, Macadamia Sales.
Kakuzi PLC, a Kenyan agricultural producer, said on Tuesday it expects full-year net earnings to fall by at least 25%…
Africa Health Financing Crisis Deepens as Debt Outpaces Spending, UN Body Warns.
Rising debt repayments are crowding out health budgets across Africa’s poorest nations, and out-of-pocket medical bills push 150 million people…