Investreet Financial Logo 2

Blog

Home -

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% from 2025, after a slump in avocado and macadamia sales…

Read More

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 into poverty each year, the United Nations Economic Commission for…

Read More

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 cargo to 3.2 million Kenyan shillings ($24,800), from 2.5 million…

Read More

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 Pan-African lender said on Monday, citing higher interest income and…

Read More

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 partnership aimed at accelerating private capital investment into the country,…

Read More

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 lender says has fuelled growth in its bancassurance business in…

Read More

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 securing digital asset transactions. The initiative, convened by the Responsible…

Read More

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 Infrastructure Climate-Resilient Fund Nigeria (ICRF Nigeria), a vehicle aimed at…

Read More

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 Services Platform 2026 by Global Business Outlook, a UK-based business…

Read More

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 ended June, helped by higher insurance revenue and a sharp…

Read More