Brace yourselves Kenyan workers, your wallets are about to get a little happier! In a plot twist worthy of a financial soap opera, the Kenya Revenue Authority (KRA) has decided to stop playing double-dip with your deductions. That’s right, no [...
Koko Networks, the energy whiz known for its clean cooking game, is now cooking up something new: a telecom empire! They’ve just applied for a tier-three network facilities provider (NFP) license from the Kenyan government. Koko’s been a ...
Ethiopia just threw open the doors of its banking vault, inviting foreign financial institutions to join the party. In a move that’s sure to make economic wonks do a happy dance, the Ethiopian parliament has ratified a law that lets […]...
President Ruto has pulled off a real-life heist, but instead of gold, it’s oil! Kenya’s leader has extended the country’s sweet deal with Saudi Arabia, ensuring a steady flow of affordable fuel. It’s like hitting the jackpot a...
Juicyway, a Nigerian fintech startup, just scored a sweet $3 million pre-seed round to quench the thirst of businesses needing foreign currency. Think of it as a refreshing fruit punch for cross-border payments. The startup’s magic lies in its ...
Zambia’s about to get a serious cash injection, courtesy of the African Development Bank Group. Picture this, a financial makeover that’ll turn Zambia’s economy from drab to fab! This isn’t just about throwing money around; it...
Binance, the crypto colossus, is flexing its muscles and showing the world who’s boss! In 2024, it raked in a staggering $21.6 billion in user deposits, leaving its competitors in the dust. It’s like a dragon hoarding treasure, but instea...
Who would’ve thought Ghana, the country that was once on the brink of economic disaster, is now the talk of the town. With a jaw-dropping 7.2% GDP growth rate, it’s like they’ve discovered a pot of gold at the end […]...
Get ready for a financial frenzy! Banks are gearing up for a loan-borrowing bonanza, all thanks to the Central Bank’s interest rate magic trick. It’s like they’ve waved a wand and turned borrowing into a fun, affordable adventure. T...
Behold, the tech wizardry of Huawei! With a flick of their digital wand, they’ve cast a spell over Nigeria, conjuring a cloud service that promises to solve all the nation’s tech woes. From now on, Nigerian businesses can expect lightning...
The World Bank, the economic overlord, has just slapped Kenya with a downgrade. Our GDP growth forecast A measly 4.7%. Ouch. Floods, protests, and a government that’s all over the place with its finances – it’s a recipe for economic [&h...
SpaceX’s Starlink is not just a satellite internet service; it’s a cosmic game-changer, beaming high-speed internet from space to Earth. In 2024, it tripled its global traffic, turning the digital world upside down. Imagine soaring throug...