Uganda is expanding at a rapid pace, much like its neighbors Kenya and Tanzania which are also situated in East Africa and are also developing countries. Before COVID-19, the World Bank projected a gr...
According to Reuters, Massmart Holdings Limited, a South African (SA) company and the continent's second-largest consumer products distributor, has revealed plans to close down 14 Game stor...
Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
Lami, a Kenyan Insurance Technology Company, has secured $1.8 million in seed funding to expand its operations across the continent.With a penetration rate of 3%, according to a McKinsey study, l...
Guaranty Trust Bank has grown its total deposit for Q1 2021 to N3.717 trillion, an increase of 3 percent compared to the N3.61 trillion it recorded in the corresponding period of 2020(Q1 2020). T...
Safaricom, Kenya's leading mobile network operator, has gone live with its 5G network. This makes Kenya the second country in Africa after South Africa to tap into the 5G world. It has launched trials...
Nigeria's Guaranty Trust Bank intends to acquire a Kenyan lender in a bid to further expand its operations on the continent. GTBank, one of the most valuable banks in Nigeria, also happens to be ...