Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
INVESTMENT
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyaNews
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyan NewsNewsTANZANIA
KCB Group Reports KSh16 Billion Net Profit in Q1 2024 Despite Higher Loan Provisions
Kenya Commercial Bank (KCB) Group has announced that it made a net profit of KSh16 billion in the first quarter of 2024, which is the same amount the bank made …
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Banking, Finance & InvestmentEconomyINVESTMENTINVESTMENTMarketsNestleNigeria
Nestle, 30 Others Lift NGX as Market Gains N21bn Amid CBN Rate Hold
Trading at the Nigerian Exchange Limited (NGX) closed on a positive note on Tuesday, as gains in 31 stocks, led by Nestle Nigeria Plc, added ₦21 billion to the market …
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AfricaBusinessEventsInnovationINVESTMENTMarketsSpotlightTechnology
Lagos, MAA Partner to Host 2025 African Marketing Tech & E-commerce Conference
The Lagos State Government, in collaboration with Marketing Analytics Africa (MAA), has announced plans to host the 2025 African Marketing Technology & E-commerce Conference (AMTEC), a major continental gathering aimed …
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AfricaBusinessDevelopmentEconomyEntrepreneurshipInnovationINVESTMENTManufacturingNigeria
TAG Expands Support for African SMEs and Creatives, Targets Scalable Impact
TAG, an independent advisory and investment management firm, has reaffirmed its commitment to driving Africa’s economic growth by partnering with development finance institutions and ecosystem enablers to support small and …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructureINVESTMENT
Adelabu Raises Alarm as Power Subsidy Hits ₦200 Billion Monthly, FG Owes GenCos ₦4 Trillion
The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaPolicies
Finance Minister Wale Edun Says Capital Market Key to $1 Trillion Nigerian Economy
The Minister of Finance, Mr. Wale Edun, has said Nigeria’s capital market will play a major role in helping the country achieve its goal of becoming a one-trillion-dollar economy. Edun …
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BusinessEconomyFinance & ServicesGOVERNMENTINVESTMENTNigeriaSouth AfricaWestern Africa
Odu’a Investment Declares N518m Dividend as Revenue, Income Soar Despite Economic Pressure
Odu’a Investment Company Limited has declared a dividend of N518 million for the 2024 financial year, marking a 21 per cent increase from the N428 million disbursed to shareholders in …
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AfricaAFRICA NEWSEconomyEnergyEnvironmentGOVERNMENTInfrastructureInternational RelationsINVESTMENTNatural Resources
Experts Call for Bold Energy Decisions to Unlock Africa’s Gas and Renewable Potential
Energy leaders and policymakers at a recent high-level forum have called on African governments to make urgent and strategic decisions that can unlock the continent’s huge natural gas and renewable …
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AfricaAgricultureBusinessEconomyFinance & ServicesInfrastructureINVESTMENTRwandaTechnologyTravel & Tourism
Rwanda Highlights Growing Investment Opportunities at Africa CEO Forum 2025
Rwanda showed strong investment opportunities during the Africa CEO Forum 2025 held in Abidjan, Côte d’Ivoire. The country is pushing hard to become a high-income nation by 2050, and it …