Twiga Foods, a Kenyan agri-tech company known for disrupting the distribution of fresh farm produce, is taking a significant step toward diversification. The company has […]
Author: Africa Digest News
How Cbex Pulled Off a Massive Crypto Heist Disguised as a Verification Process
In the latest cautionary tale for Africa’s growing crypto community, Cbex, a platform that had promised effortless wealth through AI-powered trading returns, has left a […]
Why Over 9,000 Kenyan Firms Face Deregistration by BRS
Thousands of companies in Kenya are staring down the prospect of deregistration following a sweeping enforcement move by the Business Registration Service (BRS). The government […]
Why Kenya’s Approval Wasn’t Enough for the NBK Deal to Go Through
Kenya’s green light alone wasn’t enough to seal the deal. While the Central Bank of Kenya (CBK) and treasury gave its blessing for KCB Group […]
Why Access Bank Is Expanding Its Footprint in Kenya Through NBK Acquisition
In a major move that reflects its pan-African ambitions, Nigeria’s Access Bank has received full regulatory approval to acquire the National Bank of Kenya (NBK). […]
Relief for Borrowers as KCB Bank Slashes Lending Rate by 0.75% Starting April 11
Kenyans seeking loans will soon breathe a little easier after KCB Bank Kenya, the country’s largest lender by assets, announced a significant drop in its […]
How CBK Is Using Rate Cuts to Force Banks Into Lowering Loan Costs
In a decisive and calculated shift, the Central Bank of Kenya (CBK) is stepping up its efforts to bring down the cost of borrowing for […]
How to Secure a Spot in the Second Edition of the Safaricom & M-Pesa Spark Accelerator
Kenyan startups looking for a game-changing opportunity have reason to celebrate; applications for the second edition of the Safaricom and M-Pesa Spark Accelerator are officially […]
Here’s How Much Kenya’s Top Banks Are Paying in Dividends
Kenya’s Top Banks Announce Dividend Payouts for 2024: What Investors Need to Know Kenya’s banking sector continues to reward investors handsomely, with the top nine […]
Who’s Winning in Banking? A Look at Kenya’s Most Profitable Banks in 2024
Kenya’s banking sector continues to demonstrate resilience and profitability, with major lenders reporting significant growth in after-tax profits for the 2024 financial year. Despite economic […]