News

The Bank of Uganda’s Monetary Policy Committee raised its benchmark Central Bank Rate by a hefty 225 basis points to 12.0%

Microsoft is winding down most engineering operations at its Africa Development Centre in Nairobi, employees were told Monday, in a move

Fifteen years after it began selling solar kits on mobile money installments, M-KOPA is celebrating a milestone few predicted during its

In the high-stakes world of African banking, few figures have shaped the invisible rails of digital finance as profoundly as Eric

Kenya’s Cabinet Secretary for the National Treasury, John Mbadi, is leading a high-level delegation to the 2026 IMF–World Bank Annual Meetings

Tanzania’s Prime Minister Dr. Mwigulu Lameck Nchemba on Thursday urged international investors to seize opportunities in East Africa’s fast-growing economy, telling

The International Finance Corporation’s conditional KSh 1.94 billion ($15 million) investment in Quickmart is drawing inevitable comparisons to its earlier, highly

As East African consumers increasingly shop online and subscribe to global streaming and software services, two of the region’s dominant mobile-money

Safaricom has introduced Split Notifications, also known as M-PESA Jumbe, a new merchant feature for Lipa Na M-PESA Till (Buy Goods)

Kenya is unlikely to secure a new IMF deal before the August 2027 general elections, largely due to IMF concerns over