Telcos are the new banks’ – Safaricom Plc sets eyes on Kenya’s Money Market
Safaricom Plc, Kenya’s leading mobile firm, is looking for partnerships with fund managers and investment banks as it seeks to become a fully-fledged financial services provider. “Safaricom Plc is in negotiations with fund managers, investment banks and insurance companies to partner on a raft of mobile phone-based savings and wealth-management More...
Kenya eschews G20 debt relief initiative over restrictive terms
Kenya will not seek a suspension of debt payments under a G20 initiative aimed at helping poor countries weather the COVID-19 pandemic, its finance minister said on Friday, saying the terms of the deal were too More...
African SMEs Set to Benefit from USD 74M Guarantee
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) (www.AfricanGuaranteeFund.com) has today entered into a re- guarantee transaction of an amount of up to USD 74 million with GuarantCo (www.GuarantCo.com), More...
Young African women turn to coding
More women techies could help close income inequality gap By Fatimatou Sene At Kwame Nkrumah University of Science and Technology, Angela Koranteng was an accomplished student with a special dream. At a time More...
Corporate boardrooms: where are the women?
A lack of diversity afflicts most companies’ boards By Kwamboka Oyaro When a woman rises to the top rung of the traditionally all-male corporate ladder in Africa, it’s front-page news because women’s More...
Africa’s poverty rates on a rebound despite notable Economic Development
In this special coverage of Sustainable Development Goals (SDGs), we focus on SDG 10, which is “Reduced inequality within and among countries.” The aim of SDG 10 is for countries to adopt policies that promote More...
A crisis deepens in Libya, no solution in sight
As Libya crisis escalates, the UN and the AU search for solutions By Lansana Gberie Perhaps no major political or humanitarian disaster is as overlooked as the ongoing crisis in Libya. For example, More...
Kenyan Central Bank Moves to Ease Investors’ Vote Concerns
Source; Bloomberg Kenya’s central bank is communicating a sense of normalcy and continuity to investors amid uncertainty about the country’s protracted elections, Governor Patrick Njoroge said. Institutions More...
President Kenyatta reassures UK’s investors , urges them to make Nairobi their regional Hub
Kenya’s President Kenyatta in the sidelines of the Somalia Conference hosted by the UK Government took time to reassure key firms who have invested billions into Kenya’s economy of his Government’s More...
The Potential Of Diaspora Bonds In Africa
Source: RogueChiefs NO money is better spent than what is laid out for domestic satisfaction.” – Samuel Johnson. This equivocal statement may ring true for over 30 million Africans in the diaspora. According More...
