Africar Group, operator of the used car marketplace AUTO24.africa, has acquired Koto.ci, a Côte d’Ivoire–based platform that provides reference pricing for new vehicles. The deal strengthens Africar’s position in West Africa and expands its ecosystem beyond the used car...
NTT DATA, a digital business and technology services firm, has partnered with Google Cloud to accelerate AI-powered cloud innovations and unlock new possibilities with AI for enterprise organizations across industries.
This collaboration combines NTT DATA's deep industry expertise in AI,...
First Circle Capital, a women-led venture capital firm, has raised $10.9 million for its debut Africa-focused fintech fund, launched in 2022.
The capital includes a $6 million commitment from the International Finance Corporation, split between $4 million from its Startup...
CcHUB, and the Gates Foundation have announced nine startups joining the Digital Public Infrastructure (DPI) program to address socio-economic challenges in Nigeria.
The nine startups address critical challenges across Maternal & Neonatal health, Agritech, health microfinancing, and financial inclusion in...
Visa, a global leader in digital payments, announced that applications are open for the fifth cohort (Cohort 5) of its Visa Africa Fintech Accelerator.
The 12-week intensive program is designed to help startups fast-track their growth and impact, is inviting...
NTT DATA, a leader in digital business and tech services, and Mistral AI, a generative AI (GenAI) firm,will jointly sell and deploy safe and private enterprise-grade AI solutions that are able to foster strategic autonomy for clients.
The companies will...
Vehicle ownership for SMEs is perceived as a sign of growth that would help the business take control of their transport needs, improve efficiency and help them scale with confidence but at times, it comes with an unforeseen financial...
Buying a car symbolizes freedom, convenience, and in many ways, a personal win. But while the joy of owning a car is undeniable, the process of financing that car i a whole lesson on its own. My car taught...
Buying a car is and has always been a big milestone especially for first timers. It’s exciting, empowering, and for most of us, a long-awaited achievement. But what they don’t tell you is that this dream can quickly turn...
Roam, Kenya’s electric mobility manufacturer, has partnered with Fortune Credit, to launch a financing program for electric motorcycles for both individuals and businesses.
Roam and Fortune Credit will start with an initial 600 Roam Air Gen 2 motorcycles and...
Ecobank, a pan-African financial services group, and Google Cloud have partnered to transform financial services with advanced analytics and AI and driving digital empowerment across Africa.
With the deal, Ecobank will leverage Google Cloud's cutting-edge technology to deliver innovative payment...
There’s something humbling about admitting you know nothing about spark plugs, torque, or why people flinch at the word “CVT.” But that was me armed with nothing but a budget I was emotionally attached to, and a dangerous level...
Are you dreaming of buying a new car, upgrading your business equipment, or investing in
Agricultural machinery, but the upfront cost is holding you back?
Stanbic Bank Kenya is supporting entrepreneurs through its Vehicle and Asset Finance facility Vehicle and Asset Finance...
Ride-hailing platform, Bolt, has launched Bolt Comfort, a new premium ride category to serve Nairobi's expanding middle class and professional commuters.
Bolt Comfort offers spacious, newer-model vehicles, 2016 and above, mandatory air-conditioning, and access to top-rated drivers (4.8+ rating).
According to...
AXIAN Telecom has acquired an 8.0% stake in Jumia, the eCommerce firm operating across various markets in Africa, according to the latest U.S. Securities and Exchange Commission (SEC) filings.
AXIAN Telecom adds eCommerce to its investments such as Yas (mobile)...
Why Over 1 in 3 Vehicle Loans in Kenya Is from NCBA Bank
This might not be on any billboard anywhere in Kenya, but NCBA Bank has quietly—but powerfully—become Kenya’s undisputed leader in car financing, generating more than 35% of...
NCBA Group PLC has posted a profit after tax of KES 5.5 billion inits Q1 2025 financial results which is a 3.0 per cent increase compared to KES 5.3 billion reported during a similar period in 2024.
Digital Loans disbursed...
When John Gachora assumed leadership as Group Managing Director (GMD) and CEO of NCBA Bank Group, he brought more than decades of banking experience. Gachora brought his commitment to integrity, authenticity, and ethical leadership.
Born in 1968 in Gatamaiyu...
Digital nomadism had started long ago - around 15 to 20 years - in Africa but was only made popular around 2014-2015 when conference series, co-working spaces, and online communities started emerging. In fact, most African digital nomads have...
Agriculture remains the backbone of Kenya’s economy—contributing approximately 35% to the GDP and indirectly employing over 60% of the population. Recognizing this, NCBA Bank has placed agriculture at the heart of its financial inclusion and development agenda, providing tailored...
For many Kenyans, homeownership is a lifelong dream and many work, save, invest and still fail to achieve this dream. But as Phillip Omondi, Head of Property Finance Sales at NCBA, shares on Family Matters | Financial Clinic, turning...
Sophos, a global cybersecurity solutions firm has named Chris Bell as senior vice president of global channel, alliances and corporate development.
Bell will lead the evolution of Sophos’ global channel strategy to deliver a world-class partner experience.
“Partners need adaptable strategies...
NCBA Group is a full-service banking group serving corporate, institutional, SME and consumer banking customers.
NCBA Group operates in five countries including Kenya, Uganda, Tanzania, Rwanda, and Ivory Coast.
NCBA Group is the largest banking group in Africa by customer...
Multinational African Enterprises such as Ecobank Transnational Incorporated (ETI) and MTN Group
By Eric Osiakwan and Yaw Owusu
Ecobank Transnational Incorporated (ETI), better known as Ecobank is a multinational African enterprise in the banking sector started in Lome, Togo with current...
NCBA Group PLC has posted a profit after tax of KES 21.9 billion in its FY 2024 financial results which is a 2.0 per cent increase compared to KES 21.5 billion reported during a similar period in 2023.
The Group`s...
Equator, a climate-tech venture capital firm focused on Sub-Saharan Africa, announced the final close of its first fund with approximately $55 million USD in commitments to support Seed and Series A-stage, tech-enabled ventures in the sectors of energy, agriculture...
NCBA Group posted a profit after tax of KES 9.8 billion in its first half of 2024 financial results which is a 5.0 per cent increase compared to KES 9.4 billion reported during a similar period in 2023.
NCBA Group...
BasiGo, the electric bus builder has announced an upcoming delivery of 28 new electric buses expected to arrive in Kigali next month to serve both city and inter-city routes and part of its plans to have deploy 100 electric...
As a business owner, there are countless situations you don’t want to run into. One of the more notable is walking into your business on a random morning, only to find it’s been broken into. The premises are ransacked....
FarmerAI provides real-time, relevant farming best practices to smallholder farmers in underserved communities.
Initial pilot launched now and running till August.
Targeting the potato crop cycle—the project aims to enroll 800–1,000 farmers across Kenya
Safaricom and Opportunity International have launched FarmerAI...