Latest finance stories from across Kenya.
NAIROBI, KENYA, 19 August 2026: Proto Energy and Equity Bank have partnered to expand access to financing for customers seeking to adopt LPG solutions, with the partnership introducing two targeted financing products: an Autogas Conversion…
NCBA Bank has introduced a simplified Pesalink pricing structure for customers using the NCBA NOW App, making instant interbank money transfers more affordable, transparent and predictable. The revised pricing reinforces the Bank’s…
Absa Bank Kenya has reported a profit after tax of KSh 10.5 billion for the six months ended 30 June 2026. This represents a return on equity of 21.7%. The lender said its performance was driven by continued execution of its…
Sanlam Allianz has reported a net profit of KSh124.6 million for the first half of 2026. The company’s half year financial results showed that insurance revenue had risen to KSh2.2 billion. The company’s Gross Written Premiums (GWP)…
Binance Co-CEO Richard Teng recently joined entrepreneur Raj Shamani on the business podcast Figuring Out to discuss how blockchain, crypto, stablecoins and artificial intelligence are reshaping financial services worldwide. Much of the…
There is a moment in the mortgage journey that nobody talks about. It is not the application, the approval, or the valuation, but the period after your mortgage has been approved and before you get the keys to your home. This is the stage…
Mastercard has appointed Yasemin Bedir as President of its Eastern Europe, Middle East and Africa (EEMEA) region, effective September 1, 2026. Based in the UAE, Bedir will oversee Mastercard’s operations across the 81-country EEMEA region,…
Safaricom’s Pochi la Biashara has grown to 2.2 million users, more than double the company’s 1 million Lipa na M-PESA merchants. The growth is a significant jump from 600,000 users in 2024 to 1.1 million in 2025, before doubling again to…
Equity Bank and Car & General Trading Kenya have partnered to expand access to agricultural mechanisation, targeting farmers who struggle to acquire equipment needed to increase productivity and cultivate more land. The partnership will…
Sending money across a border within Sub-Saharan Africa costs more than anywhere else in the world. According to the World Bank, moving $200 between African countries costs an average of 8.78 percent of the amount sent, nearly 9 cents of…
Stanbic Holdings has reported a Profit After Tax (PAT) of KES 6.6 billion for the first half of 2026. The Group’s total assets grew 27% to KES 602 billion, while customer deposits increased 28% to KES 422 billion. Customer loans also rose…
Stanbic Holdings Plc has reported a resilient financial performance for the first half of 2026, posting a net profit of KES 6.6 billion while growing total assets by 27% to KES 602 billion and strengthening support for businesses and…
Yellow Card has raised $40 million in a strategic funding round to accelerate the expansion of its stablecoin infrastructure and Global USD Accounts. The round attracted investment from SC Ventures by Standard Chartered, Sony Innovation…
Absa Asset Management Limited (AAML), the asset management subsidiary of Absa Bank Kenya PLC, has received regulatory approval from the Capital Markets Authority (CMA) to register two new special funds under the Absa Unit Trust Scheme. The…
NMB Bank: Tanzania has achieved a major milestone in its financial sector after the International Finance Corporation (IFC) listed the country’s first offshore Tanzanian Shilling-denominated bond on the London Stock Exchange (LSE), with…
Bizna Wallet: Airtel Money Kenya has unveiled Bizna Wallet, a dedicated business wallet designed to help Kenya’s small businesses better manage their finances through a simple, secure and efficient digital solution. SMEs Accelerate…
Ecobank Kenya has reaffirmed its commitment to supporting the growth and resilience of Small and Medium Enterprises (MSMEs), positioning the sector as central to the country’s economic transformation and to the Bank’s long-standing purpose…
Airtel Money has today introduced Bizna Wallet, a new digital wallet designed for small businesses. Bizna Wallet is Airtel Money’s equivalent of Safaricom’s M-PESA Pochi la Biashara, targeting Kenya’s micro and small businesses with a…
SanlamAllianz Life Insurance has launched Flexi Future Plus in Kenya. This is a new savings and life insurance solution aimed at helping Kenyans build long-term wealth while protecting themselves and their families against life’s…
Carrefour has partnered with KCB Bank and Mastercard to launch the Carrefour Prepaid Card in Kenya. The prepaid card allows shoppers to set grocery budgets, track spending and make sure that money budgeted for household essentials is spent…
Visa has today announced the appointment of Anne Kinuthia Otieno as its new Vice President and Head of East Africa, effective August 4, 2026. Anne will oversee Visa’s operations across seven East African markets, leading efforts to expand…
Binance has announced that its tokenised securities platform bStocks has exceeded $500m in assets under management (AUM) just seven weeks since launch. Launched on June 11, 2026, bStocks has expanded rapidly from five tokenised securities…
KCB has secured a US$100 million (KShs. 12.9 billion) financing facility from the European Bank for Reconstruction and Development (EBRD) to expand access to credit for micro, small and medium enterprises (MSMEs). 30% of the funds will be…
Onafriq has partnered with stablecoin infrastructure provider Privy to strengthen its digital asset infrastructure and accelerate the development of stablecoin-enabled payment services for businesses across its network. Onafriq will build…
