Adonijah Ndege

Share Nigeria will lose its place as Africa's third-largest economy in 2024 to Algeria after a decade of slow growth, inflationary pressures and naira depreciation, an IMF projection shared.

Kenya's information ministry has opposed any suggestions of a TikTok ban and argued that the popular Chinese short-video social platform owned by ByteDance should be more regulated.

An employee of Equity Bank, Kenya's biggest lender, colluded with other perpetrators to steal $2.1 million from the bank. TechCabal

Share Kenyan lawmakers have passed a preferential trade deal with the European Union (EU), ending a political flashpoint with neighbouring East African Community (EAC) partners who refused to adopt a joint deal in 2016.

Ballard is joining Twiga from e-commerce giant Jumia where he has been the chief executive since April 2023. He joined Jumia in 2019, first as head of performance and planning before rising to chief operating officer in 2021.

iProcure, the Kenyan agritech startup backed by Safaricom's Spark Fund, is now under administration after failing to settle undisclosed debts.

As part of its reorganisation, DTB Kenya CEO Nasim Devji, who has led the company for over two decades, will become group chief executive as the lender hunts for a new CEO for DTB Kenya.

iProcure, the Kenyan agritech startup that raised $17.2 million from investors in ten funding rounds, filed for bankruptcy on April 26 after failing to convince existing and new investors to inject more capital into the business.

Share Kenya's Safaricom, East Africa's most profitable company, has posted a 1.2% increase in net profits to $480.84 million (KES62.99

The Bank of Tanzania's (BoT) new restrictions are believed to be linked to questionable lending practices like debt-shaming of defaulters, and high interest rates. ​​