
Kenyan Bank Loses Sh517 Million in IT Breach, Funds Laundered via Cryptocurrency
A Kenyan bank lost Sh517 million ($4 million) after its IT systems were compromised by contractors who downgraded its card security

A Kenyan bank lost Sh517 million ($4 million) after its IT systems were compromised by contractors who downgraded its card security

Access Bank has partnered with NOVARE Real Estate Africa to launch a digital-first ecosystem across major malls in sub-Saharan Africa, embedding

South Africa’s largest commercial banks, Standard Bank, First National Bank (FNB), Absa, and Nedbank, are reducing the number of Automated Teller

Equity Bank Group is opening a Representative Office in Dubai, becoming the first Kenyan lender to establish a presence in the

Paul Russo, Group CEO of KCB Bank, has been elected as the new chairperson of the Kenya Bankers Association (KBA), succeeding

Most banks in Kenya remain firmly rooted in the bancassurance model, a setup where they sell insurance products on behalf of

After 130 years of continuous operations, Standard Chartered Bank has officially exited The Gambia. The bank’s departure, which took effect on

Ethiopia is opening its financial sector to foreign banks for the first time in over 50 years, and Kenya’s KCB Bank

Sidian Bank, a Tier 3 commercial bank in Kenya, posted a 250% surge in net profit in the first quarter of

1. Safaricom: Sh819 billion As the largest telecommunications provider in Kenya, Safaricom commands a dominant position in both mobile network services
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