A region in Africa where Stanbic Bank aims to finance startups and SMEs through its Catalytic Fund.
Airtel Africa profit jumps 5x to $156 million as forex woes ease
Airtel Africa's profit surged to $156 million in Q1 2025, a fivefold increase compared to the previous year. Revenue climbed 22.4% to $1.41 billion, marking a significant recovery for the telecommunications firm.
Stanbic Kenya to raise $100 million to back startups in rare VC-style move
Stanbic Bank Kenya is raising $100 million to support startups in East Africa. The bank's Catalytic Fund targets SMEs in agritech, healthtech, and the creative economy.
Landmark Deal to Boost Digital Payments in East Africa
Mastercard and DTB sign a 10-year deal for digital payment solutions. The collaboration aims to transform banking experiences in East Africa.
Central Bank of Kenya (CBK) to Issue Payment License To Fintech Startups
The Central Bank of Kenya (CBK) is set to issue payment licenses to fintech startups operating in the country soon. Two prominent fintech companies, Flutterwave and Chipper Cash, are among those hoping to be granted these licenses.
Access Bank completes acquisition of ABC Tanzania after 12 months
Access Bank completes acquisition of African Banking Corporation of Tanzania (ABCT) Limited Access Bank plans to merge ABCT with Standard Chartered Bank Tanzania to form Access Bank Tanzania
