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Why Nigeria’s central bank joined Africa’s slow march towards crypto regulation
Semafor via Yahoo News· 4 months agoThe Scene LAGOS — Three years ago, when the Central Bank of Nigeria (CBN) barred commercial banks...
Kenya is running out of US dollars
Quartz via Yahoo Finance· 1 year agoKenya is facing an acute foreign exchange crunch, with US dollar reserves dropping to their lowest in eight years as its currency keeps plummeting...
World Bank approves $1 billion loan to Kenya
Reuters via Yahoo News· 1 year agoThe World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa's economic powerhouse confronts high debts and...
MoKo, Kenya's home furniture startup, raises $6.5M
TechCrunch· 2 years agoKenya has the largest and most thriving furniture industry in East Africa, but the sector’s potential is hindered by several challenges, among them...
Kenyan banks are battling for a share of the mobile money market
Quartz via Yahoo Finance· 1 year ago“If you can’t beat them, join them” is the approach traditional banks in Kenya are adopting as they...
Foreign investors are fleeing Kenya’s stock market
Quartz via Yahoo Finance· 1 year agoForeign investment in Kenyan stocks has nosedived. In March, the Nairobi Securities Exchange (NSE), east Africa’s biggest bourse and Kenya’s only such...
AFRICA-FX- Most African currencies seen weakening, Ghana and Tanzania steady
Reuters via Yahoo Finance· 8 months agoKenya's shilling, Zambia's kwacha, Nigeria's naira and the Ugandan shilling are forecast to lose...
To make the Global South more competitive, its leading companies must become A.I. national champions
Fortune via Yahoo Finance· 1 year agoThey‘re the A.I. exceptions making an impact in the Global South today that must prove to be the...
Kenya MPs Back New Central Bank Deputy Before Leadership Change
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Kenyan lawmakers approved the nomination of Susan Jemtai Koech as deputy governor of...
Local investors are shying away from Africa’s EV revolution
Semafor via Yahoo News· 7 months agoThe News NAIROBI — A lack of local investment in African electric vehicle companies threatens the...
