The Trading Room

A stronger dollar also weighed on oil prices as a firmer greenback makes oil more expensive for holders of other currencies.

Once completed, this acquisition will complement KCB Group’s regional footprint with an asset base of Kes. 1.5 Trillion (USD 12.6 billion) and is expected to strengthen the Group’s Retail and Corporate banking franchises.

Kacha vision for the mobile money market is driven by the Digital Ethiopia 2025 and the National Digital Payment Strategy which is expected to bridge the existing gaps in digital services provision.

Safaricom Plc on Monday unveiled a new brand campaign dubbed “Tuinuane” that is aimed at encouraging Kenyans to uplift one another

The Assets Recovery Authority is conducting a complex money-laundering investigation into Flutterwave. Until now, it was unclear whether the company had regulatory approval to operate in Kenya.