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In a move set to redefine the financial landscape of East Africa, Nigeria’s premier financial institution, Access Bank Plc, has just concluded an agreement to buy Kenya’s National Bank from KCB Group Plc. This momentous acquisition marks the ongoing expansion…
At the Presidential Innovation Awards, winners received their checks at State House in Nairobi yesterday. This marked a significant occasion in Kenya’s drive towards youth empowerment and innovation. It was hosted by the President of Kenya, President Ruto, and attended…
The Tech Challenge was initiated by Irish government Minister Darragh O’Brien in South Africa. This was done as a way to mark St. Patrick’s Day in South Africa. The Irish Tech Challenge South Africa is a partnership between the Embassy…
Ride-hailing giant Bolt is changing the course of business in Kenya with the €20,000 Accelerator Program, which is the first of its kind and meant to empower their drivers and families. This initiative takes a big step towards not only…
President Ruto William had a meeting with officials of Meta about how Kenyan content creators can start earning from their content. Meta agreed and has announced that Kenyan content creators can start earning in the next three months after the…
Ethiopia’s most significant financial institution, the Commercial Bank of Ethiopia (CBE), is in the middle of a major crisis after a “systems glitch,” which caused an approximately $40 million loss. The whole thing, which unfolded over the weekend, has completely…
In a landmark decision with significant implications for the cryptocurrency industry in Nigeria, a Federal High Court in Abuja has ordered Binance Holdings Limited to provide comprehensive information on all its Nigerian users to the Economic and Financial Crimes Commission…
NCC, the Nigerian Communication Commission, and the National Identity Management Commission (NIMC) have gone on a strategic partnership aimed at enhancing the National Identity Number (NIN Sim) processes. The NIN Sim process has been going on for a while in…
Truecaller, the widely popular caller ID and spam call blocking application, has announced a significant upgrade to its spam filtering technology. This update, dubbed “Max,” leverages artificial intelligence (AI) to offer Android premium subscribers an unprecedented level of protection against…
The African Development Bank (AfDB), has a loan agreement with Fonds d’equipement Communal (FEC) in Rabat. This was done on March 15th, with the loan agreement amounting to EUR 100 million. The loan is to fund new investments and get…
