NIFC Certifies New Wave of Strategic Firms as Kenya Accelerates Its Rise as Africa’s Premier Financial Gateway

NIFC

NIFC (Nairobi International Financial Centre) continues to strengthen Kenya’s position as Africa’s leading destination for global capital by certifying a new cohort of firms spanning digital finance, climate and carbon markets, artificial intelligence, investment management, healthcare, fintech and capital markets innovation. The latest certifications add to the NIFC’s rapidly expanding and increasingly diverse portfolio of

Absa Bank Kenya and Unilever Roll Out KES 4 billion SME Financing Programme to Boost Supply Chains and Inclusive Economic Growth

AB

Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one of the most significant constraints facing distributors and retailers. The initiative is expected to strengthen Kenya’s consumer goods value chain while accelerating the growth of small and medium-sized enterprises (SMEs)

Yuno Partners with Onafriq to Unlock Pan-African Payments for Global Merchants

Yuno

 Yuno, the global financial infrastructure platform, today announced a strategic partnership with Onafriq, the leading Pan-African payments network, to bring Africa’s most expansive payments infrastructure to merchants worldwide. Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, nearly 1 billion mobile wallets, 500 million bank accounts, and 2,000 cross-border payment corridors — all through

Temenos and Interswitch Partner to Scale Digital Banking Services Across Africa

Temeno

Temenos, a global leader in banking technology, and Interswitch Group, a leading integrated payments and digital commerce company in Africa, today announced a collaboration, wherein Interswitch will adopt Temenos technology to enhance its digital banking capabilities, supporting its growth and expanding access to modern financial services across the continent. Interswitch will use Temenos solutions –

Cross Switch Strengthens Senior Leadership Across The Board as Pan-African Expansion Accelerates

Cross Switch

Cross Switch, the payment technology company driving digital transactions across emerging markets, has appointed four senior leaders since the turn of the year. Together, these arrivals deepen the company’s capabilities across technology, operations and regional growth. The appointments span the executive team and two key regional markets. Jacob Yermalitski, a co-founder, has been promoted to

AfCFTA Secretariat and Ecobank Group Sign Landmark MoU to Accelerate Intra-African Trade and Empower SMEs

AfCFTA

AfCFTA (The African Continental Free Trade Area) Secretariat and Ecobank Group today announced the signing of a Memorandum of Understanding (MoU) aimed at deepening economic integration across the continent and closing the trade finance gap. The Agreement seeks to expand access to trade and finance opportunities for African businesses, with particular focus on Small and

Aurionpro Expands Its Multi-Country Transaction Banking Engagement With Diamond Trust Bank

Aurionpro

Aurionpro Solutions Limited, a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries. This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience,

SQRIL launches stablecoin-to-fiat QR payments and mobile money in Tanzania, Kenya, and South Africa

SQRIL

SQRIL, the leading cross-border QR code payment infrastructure for emerging markets, today announced its official expansion into Africa. Starting today, SQRIL’s API enables users to perform seamless stablecoin-to-fiat QR code transactions across Tanzania, Kenya, and South Africa, marking a major leap in financial interoperability for the continent. Building on its dominant presence in Southeast Asia and

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Pesalink

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This

Emirates Expands Payment Flexibility in Kenya Through Cellulant’s Split-Payment Solution

Emirates

Emirates, the world’s largest international airline, has introduced a first-of-its-kind split-payment solution for travellers in Kenya, through a longstanding strategic partnership with Cellulant, Africa’s leading payments technology company. The split-payment capability, enabled by Tingg, Cellulant’s payment gateway, has debuted in Kenya and is expected to roll out to other African markets in the coming months.