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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…

Kenya Revenue Authority Raises Customs Valuation Benchmark for Consolidated Cargo to Curb Undervaluation.

The Kenya Revenue Authority (KRA) said on Tuesday it has raised the customs minimum valuation benchmark for general containerized consolidation…

African Export-Import Bank (Afreximbank) Profit Rises 30% To $534.7 Million in First Half Of 2026.

African Export-Import Bank reported a 30% rise in net income to $534.7 million for the first half of 2026, the…

Invest Kenya Deepens Ties with Venture Capital Body to Draw Private Investment.

Kenya’s national investment promotion agency and the East Africa Venture Capital Association (EAVCA) said on Thursday they had renewed a…

NCBA Group Embeds Insurance Across Banking and Investment Products to Drive Growth.

NCBA Group PLC is weaving insurance products into its core banking, lending and wealth management offerings, a strategy the Kenyan…

Banks and Regulators Launch Pilot to Test Post-Quantum Cryptography for Digital Asset Transfers.

A group of banks and financial regulators from multiple jurisdictions has launched a pilot program to test post-quantum cryptography for…

Africa Finance Corporation Launches Nigeria Climate Infrastructure Fund to Tap Domestic Capital.

AFC Capital Partners (ACP), the asset management arm of Africa Finance Corporation (AFC), said on Monday it has launched the…

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…