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Safaricom is lobbying for its fiber optic network to be designated as critical infrastructure under Kenya’s 2024 bill, aiming to save 500 million shillings annually by reducing damages and service disruptions.
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Access Holdings receives approval to establish Namibian banking unit
The move is part of Access Bank’s broader strategy to drive economic growth and enhance intra-African trade within the Southern Africa region.
Capitec Bank to ease credit standards amid economic shifts, aiming for expansion and increased demand
Capitec Bank, led by Michiel Le Roux, is set to relax its credit standards to attract more customers and meet rising demand for credit, marking a strategic shift in its approach to lending amid South Africa’s economic challenges.
Capitec Bank transforms into fintech powerhouse, expands with Capitec Connect’s mobile success
Capitec Bank, once a “bank for the unbanked,” has evolved into a leading fintech firm, driven by the explosive growth of Capitec Connect, South Africa’s fastest-growing mobile operator, and a 36.8-percent surge in half-year profits.
Tony Elumelu’s Heirs Insurance Group sees premiums surge to $19.8 million
Heirs Insurance Group, led by Elumelu, achieved a remarkable 59.3-percent growth in gross written premiums in 2023, highlighting its transformative impact on Nigeria’s insurance industry.
