East Africa: Kenya's Family Bank Gets Approval for Nairobi Listing

Family Bank received approval from Kenya's Capital Markets Authority to list on the Nairobi Securities Exchange on June 23, ending a 5-year push to go public. Read more »

Tanzania: Nala Secures $50m Credit Line for Stablecoin Payments

Nala secured up to $50 million in credit financing from Liquidity to support its stablecoin-powered cross-border payment network. The facility starts with an initial $25 million… Read more »

Kenya: Dlocal Buys Kenya's Aza Finance Assets in $23.7m Deal

dLocal acquired selected AZA Finance assets for $23.7 million, ending a drawn-out deal that began as a plan to buy the Kenya-based cross-border payments company, TechCabal… Read more »

Kenya: Kenya to Charge VAT On Electric Vehicles in Tax Shift

Kenya plans to apply the 16% value-added tax to electric vehicles, lithium-ion batteries and electric bicycles, reversing tax breaks that helped support the country's electric… Read more »

Seychelles: Zimbabwe to Get First Gold ETF On Victoria Falls Exchange

First Mutual Wealth Management is preparing to list Zimbabwe's first gold exchange-traded fund on the Victoria Falls Stock Exchange, with a target launch date of May 8, 2026. Read more »

Kenya: Sama to Cut Over 1,100 Jobs in Nairobi After Meta Contract Ends

Sama will lay off more than 1100 employees in Nairobi after Meta Platforms ended a key content and data annotation contract. The company said it issued redundancy notices to 1108… Read more »

East Africa: Kenya Revives Delayed Tech Hub With Fresh $26m Funding

Kenya Industrial Research and Development Institute's stalled techno-centre in Nairobi has been revived with new funding and a new contractor, extending delays on a project first… Read more »

Kenya: Kenya Mobile Subscriptions Rise to 51.4m As Growth Shifts to Usage

Communications Authority of Kenya said mobile subscriptions rose by 9 million to 51.36 million in the year to December 2025, up from 42.30 million the previous year. Read more »

Kenya: Safaricom Moves M-Pesa Users to Unified App in Consolidation Push

Safaricom has begun migrating users from its standalone M-PESA app to a new platform, My OneApp, as it consolidates services and strengthens its position in Kenya's digital finance… Read more »

East Africa: Ethiopia Secures $13b in Investment Deals Across Key Sectors

Ethiopia signed investment agreements worth about $13.1 billion across sectors including renewable energy, manufacturing, mining and real estate, as it seeks to attract foreign… Read more »

Kenya: Twiva Secures Backing to Scale Creator-Led Commerce Platform in Kenya

Twiva has secured investment from the Jobtech Alliance to expand its platform that connects brands with creators through performance-based digital commerce. Read more »

Kenya: Ndovu Wealth Launches Multi-Asset Fund to Expand Global Markets Access

Ndovu Wealth has launched the Kibaba Multi-Asset Special Fund, a collective investment scheme designed to give investors diversified exposure across global asset classes. Read more »

Rwanda: Fitch Revises Rwanda Outlook to Stable, Affirms B+ Rating

Fitch Ratings revised the outlook on Rwanda's long-term foreign-currency sovereign rating to Stable from Negative and affirmed the rating at B+. Read more »

Kenya: ALP Reit Lists On NSE As First USD-Based Security

The Nairobi Securities Exchange listed the ALP Industrial Real Estate Investment Trust on March 11, marking the first U.S. dollar-denominated security to trade on the Kenyan… Read more »

Kenya: Kenya Pipeline Lists On Nairobi Exchange in $823m IPO

Kenya Pipeline Company began trading on the Nairobi Securities Exchange on March 10 after completing an oversubscribed initial public offering, marking Kenya's largest equity sale… Read more »

Ethiopia: Ethiopia Launches Neway Trading App to Expand Access to Capital Market

Ethiopian Securities Exchange has launched Neway, its first web and mobile trading platform, as the country builds out infrastructure for its capital market. Read more »

Kenya: Kenya Nonprofit Launches $500,000 Fund for Assistive Tech Startups

Assistive Technologies for Disability Trust (AT4D), a Kenya-based nonprofit focused on assistive technology innovation, partnered with the Judith Neilson Foundation to launch a… Read more »

East Africa: CarePay Names Moses Kuria Acting CEO After Pieter Prickaerts Exit

CarePay Group named Moses G. Kuria as acting CEO of Care International and its health platform M-TIBA, the company said in a statement. Read more »

Kenya: Würth to Exit Kenya After 29 Years As Global Restructuring Continues

Wuerth Group will shut down its Kenyan subsidiary at the end of May 2026, ending nearly three decades of operations in East Africa. Wuerth Kenya Ltd informed customers in a notice… Read more »

Kenya: Kenya Lawmakers Back $1.5b Safaricom Stake Sale to Fund Infrastructure

Two parliamentary committees in Kenya have recommended approval of the government's plan to sell part of its stake in Safaricom, clearing an early legislative hurdle for the… Read more »

Ethiopia: Gebeya Partners M-Pesa Ethiopia to Launch Ai Tools Subscription

Ethiopian AI platform Gebeya has partnered with M-Pesa Ethiopia to launch a new subscription product that gives users access to artificial intelligence creation tools through… Read more »

Kenya: Nedbank Secures Waiver to Pursue 66 Percent Stake in Kenya's NCBA

Nedbank Group has received a regulatory waiver in Kenya that allows it to proceed with its plan to acquire about 66% of NCBA Group without launching a full takeover. Read more »

Kenya: PWC Seeks Buyers for Koko Networks After Administration Filing

PwC has begun seeking buyers for the business or assets of Kenya's KOKO Networks after the clean cooking company entered administration. Read more »

Kenya: Kenyan Climate Startups Invited to Apply for UK-Backed Program

Low-carbon entrepreneurs in Kenya are being invited to apply for the Climate Finance Accelerator, a UK government-funded programme aimed at preparing climate ventures for… Read more »

Kenya: Kenya Central Bank Signals More Rate Cuts After 10th Easing Move

Kenya's central bank has cut its benchmark rate for the 10th consecutive time and signaled room for further easing to support growth. Read more »