Banking
Get the latest news and analysis on the banking sector in East Africa. Coverage on the capital markets as they relate to Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan and Ethiopia.
Banks in Kenya rush to counter money laundering cases
Commercial banks in Kenya have been on the limelight with accusations of abetting money laundering and being involved in national...
Kenya and Ghana ranks high in receiving foreign remittances in Africa
Leading mobile payments company WorldRemit saw a 43% growth in remittances to Africa from higher-income nations in 2019. The top...
Your money rots when you keep it in the bank
The bank is not there to make money for you but instead, it is to make as much money from...
Dutch FMO makes its first investment in Democratic Republic of Congo’s financial sector
The financial sector in the Democratic Republic of Congo (DRC) has not been one of the most sought after in...
Uganda Development Bank unveils $500 million plan for lending
Uganda Development Bank (UDB) unveiled a four-year strategic plan of $500 million to provide long-term financing to the private sector....
Equity Bank to acquire Congolese lender at $105 million
Equity Bank is in the final stages of completing its takeover of the Banque commercial du Congo (BCDC). The acquisition...
How East Africa’s largest commercial bank performed in Q3
KCB Group Plc profit after tax surged six per cent to Ksh19.2 billion ($186.1million) for the nine months ending September...
Why Bank of Tanzania is worried about cryptocurrencies
Cryptocurrencies might not be trending anymore in Tanzania, as the Bank of Tanzania (BoT) unequivocally issued a statement on November...
9th Global Islamic Microfinance Forum to be Held in Lahore – Pakistan
9thGlobal Islamic Microfinance Forum (GIMF) will convene in Lahore – Pakistan on 11th – 13th December, 2019 under the theme...
No more lending controls in Kenya as rate cap ‘dies’
Borrowers in Kenya should now expect interest rates as high as 30 per cent following the repeal of the interest...
This Months Edition
East Africa’s best: Entrepreneur wins Kshs1 million Sinapis seed capital
The future of Tech Industry in Africa looks bright
Seven African Exchanges and African Development Bank prod investment in Africa
EAC looks to review its textile strategy
Rwanda and Uganda lead East Africa in switch to electric cars
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East Africa’s best: Entrepreneur wins Kshs1 million Sinapis seed capital
The future of Tech Industry in Africa looks bright
Seven African Exchanges and African Development Bank prod investment in Africa
EAC looks to review its textile strategy
Rwanda and Uganda lead East Africa in switch to electric cars