Safaricom

Safaricom Gains 5.5 M Subscribers as Kenya’s Mobile Market Hits 84.1M

The latest sector statistics from the Communications Authority of Kenya (CA) for the Third Quarter of the 2025/2026 financial year (January–March 2026) show significant growth in active mobile subscriptions, which reached 84.1 million, representing a 7.4 percent increase from the previous quarter. This growth pushed the mobile penetration rate to 157.7 percent. During the period…

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Stanbic

Stanbic Pumps 133B Into Trade Finance as Green Lending Gains Ground

Stanbic Holdings facilitated Sh133 billion in trade financing in 2025, surpassing its Sh90 billion target by nearly 48 per cent as the lender ramped up sustainable finance initiatives, enterprise support, and inclusive growth programmes across Kenya and South Sudan. The performance, detailed in the Group’s 2025 Sustainability Report, underscores the bank’s growing focus on green…

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illegal

New Global Agreement Targets $50 Billion Illegal Fishing Problem

Fifteen national governments from Africa, Asia, the Caribbean, Europe, and the Pacific have adopted the Mombasa Declaration, marking a major step toward strengthening global fisheries transparency and curbing illegal, unreported, and unregulated (IUU) fishing. The declaration was endorsed at the 11th Our Ocean Conference, where countries committed to improving access to fisheries data, enhancing vessel…

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Africa

Africa’s Largest Bank Backs Dangote Refinery IPO

 Africa’s largest financial institution, Standard Bank Group, trading as Stanbic Bank in Kenya, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent. The commitment came during a strategic visit by…

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