Safaricom Launches Ziidi Shariah Money Market Fund with Gulfcap
Safaricom has launched the Ziidi Shariah Money Market Fund with GulfCap Investment Bank, giving M-PESA customers access to a Shariah-compliant…
African CEOs See Trade Growth as Financing Gaps Hinder Intra-African Trade
African business leaders expect cross-border activity to increase over the next year, but high financing costs and gaps in implementation…
Sanlam Offers R505 a Share to Take Full Control of Santam
Sanlam has agreed to acquire the remaining 37.3% of Santam for R505 a share, a transaction that would give South…
AFDB, Family Bank Sign $10 Million Trade Finance Deal in Kenya
The African Development Bank and Family Bank have signed a $10 million trade finance line of credit to expand access…
Nigeria Launches $300 Million Fund for Solar, Mini-Grid Projects
Nigeria has launched a $300 million renewable energy fund to finance distributed power projects, including mini-grids and standalone solar systems,…
Furaha Says Education Financing Has Kept 100,000 Ugandan Children in School
Ugandan fintech Furaha said on Monday its education financing platform has helped parents keep 100,000 children in school and set…
Quickmart Opens IPO At Sh7.50 Per Share, Targets Sh15 Billion
Quick Mart PLC opened its initial public offering on Monday, offering 2 billion existing ordinary shares at Sh7.50 each as…
AI Investment Scams Use Deepfakes and Fake Trading Platforms to Target Investors
Artificial intelligence is being used to create convincing fake investment platforms, celebrity endorsements and trading advertisements, exposing investors to fraudulent…
Bank Of America Says Investors Grow Concerned About AI Boom-Bust Risk
Investors are increasingly concerned that heavy spending on artificial intelligence could trigger a boom-bust cycle, although most remain invested, according…
ITFC Named Leading Non-Bank Trade Finance Provider at 2026 GTR+ MEA Awards
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, said it had been…