The Nairobi Securities Exchange (NSE) has unveiled a Banking Sector Index to give investors a sharper view of Kenya’s largest and most liquid sector, with a cumulative total asset of KSh 7.9trn ($60bn).| Finance in Africa
Family Bank Kenya is set to debut on the Nairobi Securities Exchange, breaking a long drought of new listings on the bourse, buoyed by its strong earnings performance.| Finance in Africa
Nigeria-born fintech LemFi has acquired UK-based credit card issuer Pillar, marking a strategic pivot from cross-border remittances into the underserved migrant credit market.| Finance in Africa
In the past seven months, four of Africa’s biggest lenders have expressed interest in entering Ethiopia’s financial market.| Finance in Africa
Zenith Bank, one of Nigeria’s largest financial institutions, saw its market capitalisation cross the ₦3 trillion ($2.04 billion) mark on Wednesday, a week after GTCO achieved the same feat.| Finance in Africa
Standard Chartered Kenya has warned that its net profit for 2025 could fall by at least 25%, following a costly pension settlement .| Finance in Africa
Finance in Africa helps you stay ahead of Africa’s finance scene. You get daily market updates, investment guides, and tips for Nigeria, Kenya, Ghana, South Africa, and Egypt.| Finance in Africa