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Ghana’s Asantehene Opens $500 Million Africa Business Investment Summit in Washington.

Ghana’s Asantehene, Otumfuo Osei Tutu II, opened the Africa Business Investment Summit in Washington on Thursday, launching a two-day event organizers said aims to secure $500 million in capital commitments…

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Kenya’s KUSCCO Savings Cooperative Union Approved for Liquidation, Renamed KEFESCO.

Shareholders of the Kenya Union of Savings and Credit Cooperatives (KUSCCO) approved the union’s structured liquidation on Friday, after regulators found its liabilities exceeded its assets by nearly 12 billion…

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CIC Insurance Group H1 Profit Rises 70% as Asset Management Income Grows.

CIC Insurance Group PLC said on Friday its net profit rose 70.3% in the first half of 2026, as higher investment returns and growth in its asset management business boosted…

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MTN Explores Banking Licences as Lending Drives Fintech Growth.

MTN Group, Africa’s largest telecommunications operator, is exploring banking licences in selected markets as it seeks to expand lending from its own balance sheet, Chief Executive Ralph Mupita said this…

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Standard Chartered Kenya’s Sustainable Finance Assets Rise 11% To $484 Million.

Standard Chartered Bank Kenya’s sustainable finance assets grew 11% to 62.5 billion Kenyan shillings ($484.5 million) in 2025, up from 56.2 billion shillings a year earlier, the lender said in…

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Nairobi Securities Exchange Profit Surges 386% In First Half Of 2026 on Record Equity Trading.

The Nairobi Securities Exchange (NSE) reported a 386% jump in first-half profit to 736.9 million shillings ($5.7 million) for the six months ended June 30, 2026, up from 151.6 million…

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Kenya Pipeline Company Signs Long-Term Crude Oil Storage Deal with Gulf Energy.

Kenya Pipeline Company PLC (KPC) said on Wednesday its subsidiary had signed a 25-year crude oil storage and handling contract with Gulf Energy E&P B.V., part of a package of…

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Global Financiers to Address Angola’s Oil and Gas Investment Gap at Luanda Conference.

Executives from Standard Bank, Africa Finance Corporation, Premier Invest and Banco Angolano de Investimentos (BAI) will join the Angola Oil & Gas 2026 conference in Luanda from September 9-10, organisers…

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Rwanda Breaks into Yen Debt Market with Record-Low Priced World Bank-Backed Loan.

Rwanda’s Ministry of Finance and Economic Planning said it has closed a dual-currency loan facility worth 82 million euros ($95 million) and 15 billion yen ($102 million), marking the country’s…

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Nairobi Securities Exchange Halts Trading in HFCB Group Plc Shares Over Premature Results Disclosure.

The Nairobi Securities Exchange (NSE) halted trading in HFCB Group Plc shares on Thursday after the company released its financial results during market hours, breaching Kenyan capital markets disclosure rules,…

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