Kenya Approves $907 Million Adani Energy Proposal
Kenya has approved a $907 million proposal from Adani Energy Solutions, the power distribution arm of India’s Adani Group, to
Sendsprint Acquires Nobel Financial
endsprint, a burgeoning cross-border payments startup operating in the UK, Ghana, Kenya, South Africa, and Nigeria, has acquired US-based remittance
Central Bank of Nigeria Backs Providus and Unity Bank Merger
To ensure the stability of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has provided substantial support for the
Kenya’s Mobius Motors Enters Voluntary Liquidation
Mobius Motors, the Kenya-based automaker known for its low-cost SUVs designed for African terrains, has entered voluntary liquidation after nearly
Central Bank of Nigeria Approves Merger Between Unity Bank and Providus Bank
The Central Bank of Nigeria (CBN) has approved a proposed merger between Unity Bank Plc and Providus Bank. This development
Kenyan Banks Experience Decline in Q1 2024 Amid Foreign Currency Loan and Government Security Reductions
Kenyan banks have witnessed a significant contraction in their balance sheets in the first quarter of 2024, largely due to
LagRide Faces Major Losses Amid Nationwide Protest
₦10.52 million daily—that is the estimated loss for LagRide, the government-supported ride-hailing platform, after its drivers were instructed to stay