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South Korean Fintech Tomoarrow Launches Cross-Border Identity Verification Tool.

South Korean financial technology and regulatory technology company Tomoarrow said it has launched an electronic identity verification system designed to let international users confirm their identities without locally issued documents.…

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South Korea Unveils $70 Billion Future Response Fund, Drawing Oversight Concerns.

South Korea’s government has proposed a new Future Response Fund worth more than 100 trillion won ($70.7 billion), funded by windfall tax revenue from a semiconductor boom, prompting warnings from…

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Flame Tree Group Holdings Returns to Profit in H1 2026 as Revenue Rises 12% and Operating Profit More Than Doubles.

Flame Tree Group Holdings (FTG Holdings) returned to profitability in the first half of 2026, with revenue rising 11.6% and operating profit more than doubling, the Nairobi Securities Exchange-listed manufacturer…

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National Bank of Kenya Profit After Tax Jumps 61% in First Half Of 2026.

National Bank of Kenya (NBK) reported a 61% rise in profit after tax for the six months ended June 30, 2026, to 1.72 billion Kenyan shillings ($13.3 million), the lender…

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Citibank Kenya to Close Mombasa Branch, Consolidate Operations in Nairobi.

Citibank Kenya will shut its Mombasa branch on Nov. 30 and shift all corporate banking operations to its Nairobi headquarters, the U.S. lender said in a public notice, as part…

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Namibia to Host African Energy Summit as Continent Seeks Investment to Close $130 Billion Power Gap.

Namibia will host a major African energy summit in Windhoek this October, organizers said, as the continent seeks to attract billions of dollars in investment to close a power gap…

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Lesotho Hosts African Summit on Reforming State-Owned Enterprise Governance.

Lesotho is hosting a three-day summit of African government officials and state enterprise executives this week aimed at strengthening corporate governance standards at state-owned enterprises (SOEs) across the continent, organizers…

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Discovery Expects Headline Earnings Per Share to Rise by Up To 36% For the Financial Year Ended 30 June 2026.

South African financial services group Discovery said on Wednesday it expects headline earnings per share to rise by between 31% and 36% for the year ended June 30, 2026, according…

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Privacy-Focused Blockchain Firm Beldex Raises $8 Million to Expand Web3 and AI Infrastructure.

Beldex, a privacy-focused blockchain ecosystem, said on Tuesday it had raised $8 million in a new funding round to expand its privacy infrastructure for Web3 applications and artificial intelligence. The…

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Kenya Pension Assets Hit Record 3.17 Trillion Shillings, Driven by Equities Rally.

Kenya’s pension industry assets under management rose 25.13% to a record 3.17 trillion shillings ($24.5 billion) in the year to June 2026, driven by a rally in listed equities and…

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