Category: Business
KCB Group acquires 75% stake in Riverbank to expand regional reach
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KCB Group PLC and Riverbank Solutions Limited have signed an agreement that will enable KCB to acquire up…
Samsung Electronics’s co-CEO, Han Jong-hee, dies of heart attack at 63
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South Korea’s Samsung Electronics, revealed on Tuesday that Han Jong-hee, its co-CEO, passed away at the age of…
Verve cards now accepted on Temu and AliExpress for easy naira payments
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Verve International announced a strategic partnership with Temu, a rapidly expanding global e-commerce platform, and AliExpress, a subsidiary…
Enza secures $6 million to enhance payment capabilities for African banks
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On Monday, Enza, a fintech startup founded by former Network International executives Hany Fekry and Hamish Houston, announced…
FRA grants MNT-Halan approval for paperless e-KYC in Egypt
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The Financial Regulatory Authority (FRA) has granted MNT-Halan, Egypt’s leading fintech company, approval to introduce electronic Know Your…
AfricInvest and Swedfund champion gender inclusion with new €15 million fund
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Swedfund, Sweden’s development finance institution, has announced a €15 million investment in the AfricInvest Small Cap Fund, a…
Visa to build data centre in Nigeria, strengthening digital economy
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Visa Inc., a global leader in payment services, has announced its commitment to long-term investment in Nigeria with…
Absa Bank Kenya hits 14% revenue growth, reaching Kshs 62.3 billion in 2024
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Absa Bank Kenya reported a 14 per cent growth in overall revenue to Kshs. 62.3 billion, driven by…
Ethiopia issues licences to first-ever investment banks
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The Ethiopian Capital Market Authority (ECMA) on Thursday licensed the country’s first investment banks, marking a major milestone…
Baobab Nigeria lent N500 billion to MSMEs to drive financial inclusion
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Baobab Nigeria has lent nearly N500 billion to micro, small, and medium-sized enterprises (MSMEs), reinforcing its commitment to…
