Kenya moves to split Safaricom as debt pressures mount

August 21, 2025
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Kenya is considering splitting Safaricom, its largest listed company, into three separate units. The potential structure

Lagos plans ₦31 billion innovation fund to back startups, hubs

August 20, 2025
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Lagos plans ₦31 billion innovation fund to back startups, innovation hubs, accelerators, researchers, and individuals or

Craydel enters Burundi and Tanzania in latest Africa expansion

August 19, 2025
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Kenyan edtech platform that helps students apply to universities abroad, Craydel enters Burundi and Tanzania, marking

Kenya’s KCB retains slice of NBK assets after Access Bank takeover

August 18, 2025
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Kenya’s biggest bank by assets, KCB Group, retains slice of NBK assets after selling the lender

Ajua and RMS merge as battle for customer experience services heats up

August 14, 2025
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Ajua, a Kenyan consumer experience startup, has merged with Rate My Service (RMS), another Kenyan firm that

IHS Towers shares surge 8% after beating Q2 2025 expectations

August 12, 2025
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IHS Towers shares surge 8%, with the company posting a second-quarter profit — a sharp turnaround

Chowdeck raises $9 million to fuel Nigeria, Ghana expansion

August 12, 2025
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Y Combinator-backed on-demand delivery platform, Chowdeck, raises $9 million to fuel expansion into more cities across

Investors cheer as Jumia Q2 2025 stock surges

August 9, 2025
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Jumia Q2 2025 stock surges by 27% in early Thursday trading following the release of its

Kenya’s central bank to licence non-bank lenders exceeding $155,000

August 8, 2025
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Kenya’s central bank to licence non-bank lenders with loan books exceeding $155,000, which will set for

Ethiopian birr hits record low against the dollar

August 6, 2025
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The Ethiopian birr hits record low of 174 to the dollar on the parallel market, widening