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The closure of millions of inactive accounts is laying bare a structural shift beneath Kenya’s celebrated financial inclusion gains. This […]
The post Why Kenyan Banks Wiped Out 33.8 Million Accounts appeared first on Impact Newswire.
The directive’s aim is to expand scrutiny from basic identity checks to full risk profiling across customers, transactions and ownership structures, […]
The post Bank of Algeria Issues New KYC Rules to Tighten Financial Oversight appeared first on Impact Newswire.
In this exclusive interview with Impact Newswire, Will Harborne, founder and chief executive of Rhino.fi, identifies fragmentation across liquidity pools, blockchain […]
The post INTERVIEW: The Hidden Infrastructure Problem Behind Africa’s Stablecoin Surge appeared first on Impact Newswire.
In this exclusive interview with Impact Newswire, Mamadou Kwidjim Toure, founder and CEO of Dubai-based Ubuntu Tribe discusses why the […]
The post INTERVIEW: Can Tokenized Gold Become Africa’s Answer to Currency Volatility? appeared first on Impact Newswire.
The company’s record-breaking profit indicates how deeply mobile money and data services have become embedded in East Africa’s digital economy, […]
The post Safaricom Posts $767 Million Record Profit appeared first on Impact Newswire.
South Africa’s public debt may finally be nearing a turning point as reforms and tighter fiscal management begin to improve […]
The post Ratings Agency Moody’s Sees South Africa Debt Stabilising appeared first on Impact Newswire.
As billions of dollars move through digital wallets, peer-to-peer markets and global exchanges, a parallel financial system is taking shape […]
The post The Architecture of Trust: What Systems Are Behind Secure Crypto Trading in Kenya appeared first on Impact Newswire.
In this exclusive interview with Impact Newswire, Bitget Wallet chief operating officer Alvin Kan believes stablecoin adoption in Africa is […]
The post INTERVIEW: Why is Africa Becoming the World’s Biggest Stablecoin Testing Ground? appeared first on Impact Newswire.
Nigeria’s largest banks posted a sharp decline in combined profits for the 2025 financial year, even though their core earnings […]
The post Combined Profits of top Nigerian Banks Decline by 18% in 2025 appeared first on Impact Newswire.
Mozambique’s fragile economy is sliding further into distress, with rising debt, stalled gas projects and external shocks combining to push […]
The post Mozambique’s Debt Crisis Deepens as Growth Stalls and Pressures Mount appeared first on Impact Newswire.
Nigeria’s largest banks are rapidly closing the gap with fintech rivals, processing a combined $208 billion in mobile transactions in […]
The post 4 Nigerian Banks Process $208 Billion in Mobile Transactions Last Year as Digital Shift Gains Ground appeared first on Impact Newswire.
Uganda’s external position has strengthened significantly, with foreign exchange reserves rising sharply on the back of increased foreign investment inflows. […]
The post Uganda Forex Reserves Surge Nearly 70% on the Back of Strong Foreign Investment Inflows appeared first on Impact Newswire.
Co-op Bank’s planned shift to a holding company structure will separate its core banking unit from a broader group of […]
The post Co-op Bank Is Rewiring Itself for an East African Push appeared first on Impact Newswire.
She once wondered why the moon followed her through the night sky as a child in Nairobi; now, years later, […]
The post This Aerospace Engineer Believes Kenya Can Be A Space Gateway appeared first on Impact Newswire.
Amazon’s move to seek a satellite broadband licence in Kenya sets up a direct confrontation with Elon Musk’s Starlink in […]
The post Amazon Has Joined the Battle for Kenya’s Sky appeared first on Impact Newswire.
Standard Chartered and the International Finance Corporation have launched a $300 million supply chain finance facility aimed at easing one […]
The post Standard Chartered, IFC Launch $300 Million Push to Fix Africa’s Trade Finance Gap appeared first on Impact Newswire.
Ethiopia’s largest private lender, Awash Bank, has begun trading its shares on the Ethiopian Securities Exchange (ESX), marking a significant step in the […]
The post Ethiopia’s Largest Private Bank Shares Begin Trading on ESX appeared first on Impact Newswire.
As interest rates remain elevated and liquidity conditions tighten across Kenya’s banking sector, I&M Bank’s $155 million bond issuance underscores […]
The post I&M Bank’s $155 Million Bond Bet Comes as Credit Demand Rises appeared first on Impact Newswire.
The state-owned bank is rapidly expanding its balance sheet, underscoring both its dominance in the country’s financial system and the central role […]
The post Commercial Bank of Ethiopia Deposits Top $37 Billion in 9 Months appeared first on Impact Newswire.
Botswana’s central bank has raised its benchmark interest rate by 200 basis points, tightening monetary policy as authorities respond to […]
The post Botswana Central Bank Delivers Sharp 200 Basis Points Rate Hike appeared first on Impact Newswire.
Kenya’s Equity Group Holdings is stepping up its expansion strategy, with plans to pursue acquisitions in Zambia, Angola and Mozambique […]
The post Kenyan Bank, Equity Group, Targets Southern Africa Deals to Power Next Growth Phase appeared first on Impact Newswire.
The bank spent millions on a voluntary exit programme, a move that reflects a broader global shift in banking in […]
The post Absa’s $5.5 Million Workforce Cut Mirrors a Global Banking Reset appeared first on Impact Newswire.
The Central Bank of Egypt has announced that bank financing for small and medium enterprises reached 630 billion Egyptian pounds […]
The post Egypt Banking Sector Records 400 Percent Surge in SME Financing appeared first on Impact Newswire.
Kenya’s commercial banks have opted not to adopt the Central Bank of Kenya’s new risk-based lending framework anchored on the […]
The post Kenya’s Biggest Banks Have Rejected CBK’s New Lending Benchmark appeared first on Impact Newswire.