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How Shiriki Pay Lets Users Share M-PESA Wallet Access Without Losing Control
Safaricom is set to introduce Shiriki Pay, a new feature on the M-PESA platform that permits account holders to grant another verified M-PESA user limited, controlled authority to make…
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How CAK’s Data Conditions Shaped Approval of the KCB–Riverbank Deal
The Competition Authority of Kenya (CAK) has approved KCB Group’s acquisition of a 75% stake in Riverbank Solutions, a Kenyan payments technology provider, in a transaction valued at approximately…
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Why the CBN Is Formalising Fintechs with National Banking Licenses
The Central Bank of Nigeria (CBN) has upgraded the licences of several leading fintech companies and microfinance banks to full national status, including Opay, Moniepoint, Kuda Bank, and PalmPay.…
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Can the Ci-Gaba Fund Bridge Long-Term Savings and High-Growth Businesses?
Financial sector Deepening Africa Investments has committed $7.5 million to the Ci-Gaba (Progress) Fund, facilitating its first close at $75 million, substantially surpassing the initial $30 million target. Announced…
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Why Smaller Banks in Kenya Are Merging as Capital Requirements Tighten
Kenya’s banking sector is undergoing accelerated consolidation, primarily driven by the Central Bank of Kenya’s (CBK) phased increases in minimum core capital requirements. These regulatory adjustments, aimed at enhancing…
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Kenya Pipeline Company IPO: How to Buy Shares Step-by-Step
The Kenya Pipeline Company (KPC) Initial Public Offering (IPO), launched in January 2026, represents a significant opportunity for investors to participate in the privatisation of a key national asset…
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Liberty Kenya Joins United Nations Global Compact to Advance Responsible Business and Ethical Governance
NAIROBI, Kenya — Liberty Kenya has officially joined the United Nations Global Compact, the world’s largest corporate sustainability initiative, marking a significant step in strengthening the integration of responsible…
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How Tony Elumelu’s Board Appointment Reshapes Seplat’s Ownership Influence
Seplat Energy Plc has appointed Tony O. Elumelu as Non-Executive Director, effective January 22, 2026, following the resignation of Mr Olivier Cleret De Langavant. This board change coincides with…
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How Dalu Ajene Rose to Lead Standard Chartered’s Africa Operations
Standard Chartered has appointed Dalu Ajene as Chief Executive Officer for its Africa operations, effective immediately as of January 21, 2026. In this expanded role, Ajene also assumes responsibility…
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How Nigeria’s Zenith Bank Is Entering Kenya via Acquisition
The Competition Authority of Kenya has approved Zenith Bank Plc’s acquisition of 100% of Paramount Bank Limited, clearing a significant regulatory hurdle for the Nigerian lender’s expansion into East…
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