East African Cables Plc, the Nairobi-listed cable manufacturer under administration, said on Monday it would delay publication of its interim results for the six months to June 30 until no later than October 31, citing an ongoing administration process and a share purchase transaction. Company Secretary Virginia Ndunge said in a statement that the delay […]
Read MoreIreland-based Small Foundation has made an undisclosed investment in Unmarkets, a Nairobi-based venture builder, to help launch four new agribusiness ventures in Kenya, the companies said. The capital will help the ventures acquire equipment, secure supply chains, test products and hire operating teams, Small Foundation said. It added that it invested alongside other, unnamed investors, […]
Read MoreThe number of Bitcoin wallets holding at least $1 million in the cryptocurrency rose by 11,636 in August, a 10.4% increase, as bitcoin prices climbed to their highest level since May, according to data compiled by crypto research firm Finbold. Finbold, citing figures from blockchain tracking site BitInfoCharts and archived data from the Wayback Machine, […]
Read MoreThe Central Bank of Kenya (CBK) said on Monday it had approved South Africa’s Nedbank Group Limited’s acquisition of up to 66% of NCBA Group PLC, clearing a major regulatory hurdle in one of East Africa’s largest banking deals. The CBK said in a statement that it granted approval on August 28 under Section 13(4) […]
Read MoreInteractive Brokers Group Inc (IBKR.O) said on Thursday it has added trading access to the Bucharest Stock Exchange, opening one of Europe’s best-performing emerging markets to its clients. The move gives eligible Interactive Brokers clients the ability to trade Romanian equities alongside products from more than 170 other exchanges worldwide through a single platform, the […]
Read MoreU.S. data analytics firm Sayari said on Thursday it has partnered with Dutch investigations specialist DataExpert to supply artificial intelligence tools for tracking financial crime to government agencies in eight European countries. The agreement will give law enforcement, defence and financial intelligence agencies in Belgium, the Netherlands, Luxembourg, Denmark, Finland, Iceland, Norway and Sweden access […]
Read MoreLeeds United said on Friday it had agreed a multi-year partnership with trading and investing platform eToro, naming the company as the Premier League club’s Official Trading Partner from the 2026/27 season. The deal covers both Leeds United’s men’s and women’s teams, the club said in a statement on its website. Under the agreement, eToro […]
Read MoreSouth Africa’s global business services (GBS) sector offers significant potential for economic growth, job creation and youth skills development, Deputy Trade Minister John Steenhuisen said on Friday at the opening of a new customer services centre in Cape Town. Steenhuisen was speaking at the launch of the expanded facility operated by Atain, a global customer […]
Read MoreTaarifa Ltd has completed its acquisition of a 54.08% stake in Nation Media Group PLC (NMG) from the Aga Khan Fund for Economic Development S.A. (AKFED), ending the Swiss-based institution’s 66-year ownership of East Africa’s largest media company, the companies said on Monday. Taarifa said in a public announcement dated Aug. 31 that regulators in […]
Read MoreThe United States and Cameroon announced roughly $7 billion in new and expanding American investment and trade opportunities on August 27 at their first Bilateral Economic and Commercial Dialogue, according to a statement from the U.S. Embassy in Cameroon. The projects, at various stages of development, span technology, critical minerals, infrastructure, energy, forestry and logistics, […]
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