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Absa Bank Uganda to Acquire Standard Chartered’ s Wealth and Retail Banking Business.

Absa Bank Uganda has signed an agreement to acquire Standard Chartered Bank Uganda’s Wealth and Reta…
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Tanzania Launches Its First Exchange Traded Fund (ETF) on the Dar es Salaam Stock Exchange.

Tanzania has officially launched its first Exchange Traded Fund (ETF), marking a significant milesto…
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The Coca-Cola Company & Gutsche Agree to Sell Controlling Interest in Coca-Cola Beverages Africa to Coca-Cola HBC AG.

The Coca-Cola Company and Gutsche Family Investments have agreed to sell a 75% controlling interest …
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Government Orders Inquiry into Afya SACCO Over Governance and Financial Management Concerns.

The Kenyan government has launched a formal inquiry into Afya Savings and Credit Co-operative Societ…
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NCBA Unveils $6 Million ConnectPlus Platform to Transform Corporate Banking in Kenya.

NCBA has officially rolled out ConnectPlus, a corporate banking platform valued at USD 6 million, ma…
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Business Bay Square Founder Abdiweli Hassan to Develop KES 65 Billion Project at Tatu City.

Business Bay Square (BBS) founder and real estate magnate Abdiweli Hassan has unveiled plans to deve…
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CRDB Bank’s Sukuk Offer Oversubscribed as Islamic Finance Gains Ground in East Africa.

CRDB Bank PLC has announced the successful completion of its CRDB Al Barakah Sukuk issuance, which w…
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LOOP Launches a Buy Now Pay Later Solution Transforming How Consumers Shop & Manage their Finances.

Pan-African digital lifestyle brand LOOP has unveiled LOOP FLEX, a new Buy Now, Pay Later (BNPL) pro…
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Ethiopia’s Debt Restructuring Hits Deadlock as Bondholders Threaten Legal Action.

Ethiopia’s long-running efforts to restructure its foreign debt have hit a major impasse, with inter…
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AI set to Reshape International Banking Operations, Survey of Finance Professionals Finds.

Artificial intelligence (AI) is increasingly at the heart of international banking operations, accor…
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