Saturday July 27, 2024

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Nigerian Fintech RiseVest Acquires Kenyan Startup Hisa in Major Fintech Consolidation

In a significant move highlighting the ongoing consolidation within Africa’s fintech sector, Nigerian investment platform RiseVest has acquired Kenyan wealthtech startup Hisa. Financial terms of the deal were not disclosed. This acquisition marks RiseVest’s second

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OKX to Cease Operations in Nigeria by August 2024

Popular cryptocurrency exchange OKX has announced that it will be shutting down its operations in Nigeria by August 2024. In an email sent to its Nigerian customers on July 18, 2024, the exchange cited unfavorable

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Kenyan Banks Face Sh150 Billion Surge in Bad Loans Amid Economic Turmoil

The high cost of living due to a weak currency and disruptions in the global supply chain resulted in Kenyan banks facing an additional Sh150 billion in bad loans in 2023, bringing the total to

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Smart Strategies for Affording the Unaffordable: How to Make Big Purchases Without Breaking the Bank

Buying things you can’t afford can lead to financial stress and long-term problems. However, if you need or strongly want something beyond your current means, here are some strategies to consider: 1. Budget and Save

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Kenya Ranked 6th Among Africa’s Crypto-Friendly Countries

Kenya has emerged as the sixth-most crypto-friendly country in Africa, with 5.1 percent of its population holding cryptocurrencies, according to a recent report by CryptoCasinos. Globally, Kenya stands 46th among the 50 leading crypto-friendly nations,

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What is Lifestyle Financial Planning And How Kenyans Can Benefit From It

Lifestyle financial planning is a holistic approach to financial management that focuses on aligning financial decisions with personal life goals and values. Unlike traditional financial planning, which often emphasizes investment returns and wealth accumulation, lifestyle

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Banking Highlights

HELB ME!! 10 Ways Student Debt Can Derail

Student debt can be a significant burden in any country, including Kenya.

Loans In Kenya Now 60% More Expensive Than

Rwanda boasts the most affordable domestic loans among East African Community member

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Crypto Prices

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Emerging Trends: Ethereum ERC20 Tokens Surge Amidst

Recent data provided by Santiment, a prominent cryptocurrency analytics platform,

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Kenya’s Cryptocurrency Review: President Ruto Engages Bitcoin

Kenya’s stance on cryptocurrencies appears to be evolving as the

Telkom Kenya in Kshs 15B Land Tussle

Telkom Kenya has started a court battle with the government

Weekly mortgage applications pop on stock sell-off

Not because I missed the great run-up (though I did)

Ways Small Businesses In Kenya Can Save

The biggest asset to small to medium businesses is not