Most Kenyan companies face a cash crunch, report shows
A challenging business environment has raised the risk of cash flow crises for many Kenyan companies, even as private-sector...
Insights, trends and profiles of African businesses.
Yellow Card secures $33 million in Series C funding round
This financing marks a significant milestone for the company and the African FinTech industry as a whole, as it...
Malawian Kennedy Mbekeani appointed as East Africa director by AfDB
The African Development Bank Group (AfDB) has appointed Malawian Dr Kennedy K Mbekeani as Director General for the East...
M-KOPA appoints former Nokia CEO as new board chair
In a significant move to bolster its leadership and guide its growth strategy, M-KOPA, a leading emerging markets fintech...
Benin to contribute $2 million to the African Development Fund
Benin has pledged $2 million to the next replenishment of the African Development Fund, the concessional window of the...
M-KOPA hits 5 million customers as it pushes pan-African expansion
M-KOPA, an asset financing startup, now has five million customers across five African markets, the company has said, as...
Why Zimbabwe’s retail giants are on the verge of collapse
Zimbabwe’s retail giants retailers are on the brink of collapse due to a government-imposed exchange rate policy that has...
Sasol picks Muriel Dube as chair, ushers in board changes
Global chemicals and energy company Sasol Ltd has appointed Muriel Dube as the new Chair of the Board, effective...
Nigeria freezes funds linked to crypto platforms
The court order, dated September 3, 2024, accuses ByBit and KuCoin of engaging in "market manipulation and price distortions"...
Rolls-Royce partners with Karimjee Group to provide power solutions in Tanzania
Rolls-Royce, leading British aerospace manufacturer, has announced a strategic partnership with Karimjee Group, an East African conglomerate with interests...