Kenya’s population is expected to reach 84.7 million by 2050 and grow to 112.4 million people by 2100 according to data from the UN Department of Economic and Social Affairs. …
WEST AFRICA
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Banking, Finance & InvestmentEastern Africa
Equity, AFCTA Ink Deal To Accelerate Sh678bn Recovery Stimulus Plan
Equity Group Holding Plc has signed a Memorandum of Understanding (MoU) with Africa Continental Free Trade Agreement (AFTCTA) that will see the former accelerate the Shs 678 billion (USD 6 billion) …
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Banking, Finance & InvestmentBusinessNigeriaSpotlightTechnologyWestern Africa
Kuda Bank to add charges to deposits above N10,000 from July 15
Kuda Bank has stated that it will start charging N50 to all deposits of N10,000 or more made into customers’ Kuda account. In a mail by the bank to its …
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NLC, National Lotteries Commission is looking to appoint and recruit a new commissioner by October, according to the Department of Trade, Industry, and Competition. The department’s statement on Tuesday follows …
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AmazonBusinessEntrepreneurshipManufacturing & Consumer Goods
Henson Africa Announced Partnership In Furniture Distribution With Egypt’s MobicaHenson
Henson Africa has announced a distribution partnership with Mobica an Egyptian furniture system manufacturing company. Founded in 1979, Mobica has grown to be the largest furniture system manufacturer in the …
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Civil servants will lose Sh2 billion weekly from October after the Salaries and Remuneration Commission (SRC) set the date for trimming public workers’ juicy allowances. SRC chairperson Lyn Mengich said …
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AfricaEastern AfricaKenyaNigeriaTechnologyWestern Africa
Flutterwave debunks money laundering allegations in Kenya.
Flutterwave Payment Technology Limited, a leading Nigerian fintech company, has reacted to media reports that it was involved in an alleged money laundering scheme in Kenya. A statement by the …
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Hospitality, Travel & TourismNigeriaWestern Africa
Lagos and Ogun residents loses millions of naira to flood
Lagos and Ogun State residents have lamented the effects of the continuous rainfall in several parts of the states, which led to flood that damaged their vehicles and other properties. …
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AirtelNigeriaTechnologyTelecommunicationsWestern Africa
Airtel Africa settles senior debt of $450 million due in 2024
Airtel Africa disclosed Friday it has settled nearly half of its $1 billion guaranteed senior notes set for maturity in May 2024, barely a fortnight after it made a call for redemption to …
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Banking, Finance & InvestmentBusinessSpotlightTechnologyTrending TodayWestern Africa
Africa’s fintech giant Flutterwave accused of ‘money laundring’ as Kenyan court freezes bank accounts.
A Kenyan High Court has frozen the account of Flutterwave accusing Africa’s biggest fintech firm of money laundering. The Nigerian firm is one of seven entities suspected to have been …