Nigeria, Africa’s largest economy, is at a critical crossroads in its energy journey. Despite its economic might, nearly 86 million Nigerians lack reliable electricity, with […]
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Why LemFi’s Irish Acquisition Marks a Turning Point for African Fintech
Nigerian fintech giant LemFi is leading the way in the major shift in the remittance landscape. The company has taken a bold step in expanding […]
How Kenya Plans to Strengthen Its Presence in Tanzania and India Markets
Kenya Reinsurance Corporation (Kenya Re) has announced a strategic expansion plan aimed at strengthening its presence in the global life reinsurance market. The company, which […]
Breaking Barriers: Soraya Hakuziyaremye Becomes Rwanda’s First Female Central Bank Governor
On February 25, 2025, President Paul Kagame appointed Soraya Hakuziyaremye as the new Governor of the National Bank of Rwanda (BNR), making history as the […]
Why Global Investors Are Flocking to Tanzania’s Startup Ecosystem
Tanzania has quietly emerged as a rising star in Africa’s startup ecosystem, attracting nearly $300 million in investments since 2019. Ranking seventh on the continent […]
How Naira Devaluation is Impacting Airtel Nigeria’s Financial Performance
Airtel Nigeria, the country’s second-largest telecommunications operator, recently reported a significant revenue decline, primarily due to the sharp depreciation of the Nigerian naira. Despite these […]
Why Nigeria Is Filing Suit Against Binance for $81.5 Billion
The Nigerian government has taken a bold step in regulating the cryptocurrency industry by filing a lawsuit against Binance, the world’s largest cryptocurrency exchange. The […]
Kenyan Banks Raise Data Privacy Concerns in Pushback Against KRA’s System Integration Requirement
The Kenya Revenue Authority (KRA) has found itself in conflict with banks over its latest effort to integrate its tax collection system with financial institutions. […]
How Visa’s Latest Study Highlights the Future of Digital Transactions in Tanzania
As digital transformation accelerates globally, Tanzania is experiencing a significant shift toward digital transactions. Visa’s latest study provides valuable insights into this evolving landscape, highlighting […]
Why Kenya’s National Treasury Has Revised Downward Its Revenue Collection Target for KRA
The National Treasury of Kenya has made significant adjustments to its revenue collection targets for the 2025 Budget Policy Statement (BPS), reducing expectations for the […]