cbea

In a fast-evolving world, some countries and more so in Africa, are still undeveloped on matters digital ecosystem and providing seamless foreign banking solutions. 

Advancing efficient & accessible banking solutions for digital nomads

While technology rushes forward, millions in Africa still rely on time-tested, community-driven financial systems also known as Indigenous Financial Services (IFS). 

Addressing indigenous financial services in Africa 

Global ratings agency Moody’s has changed its outlook on the Kenyan banks to negative from stable, citing concerns about high volumes of non-performing loans despite solid profitability and liquidity levels. 

Moody's changes Kenyan banks outlook to negative

CNBC Africa’s Ridhima Shukla had an exclusive interview with Ivan Twagirashema, Deputy CEO of the Rwanda Mines, Petroleum and Gas Board. 

Rmb’s Twagirashema on meeting mining targets in export, investment & cooperation

Kenya's retirement scene is showing signs of life after a challenging year with many schemes seeing positive returns in Q4 2023 as per the latest report by Zamara Group. 

Retirement schemes performance in Kenya Q4 2023

The Kenyan shilling has shown slight appreciation against the US dollar in recent weeks trading at 153 shillings from 163 shilling amid global economic uncertainties which have led to an impact on the country's economy. 

Kenyan economy performance review

The social impact of supporting fintechs in Africa is extensive, attracting numerous players like Visa, which pledged to invest at least $1 billion in Africa by 2027. 

Visa's Torre on the social impact of supporting fintechs in Africa 

Economy tides are shifting in East Africa with currencies gaining ground and some unstable amid global inflationary measures. 

Tracking currency movements across East Africa

Deepening fintech in Africa presents a unique opportunity to drive financial inclusion, economic growth, and social progress across the continent. 

Deepening fintech in Africa

Across Africa, a new breed of entrepreneurs is attracting millions in Venture Capital funding and turning their dreams into game-changing realities. 

The evolving landscape of VC funding for African start-ups

Kenya’s announcement of a buyback of $2 billion Eurobond due in June 2024, causing yields to plunge from 15.79 per cent to 9.96 per cent, has raised eyebrows on the next move for investors. 

Kenya's debt strategy shift: $2 billion Eurobond buyback explained

Across Africa, a wave of digital transformation is sweeping the continent, bringing with it immense potential for economic growth, social development, and individual empowerment. 

CBEA