Global issuer-processor, Paymentology, has agreed a strategic partnership with Diamond Trust Bank. The partnership aims to drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS), for both licensed and unlicensed entities. The bank operates across Kenya, Tanzania, Uganda, and Burundi. It provides banking and insurance solutions to retail,
NAIROBI, Kenya (AP) — When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today. Climate tech was new in Africa, the continent was a fledgling destination for venture capital money, there
Despite misfires during previous infrastructure endeavours in Africa, the Middle East and Central Asia, China is now making substantial green energy investments in those regions – and finding eager takers. Companies are making strides in power generation and crafting solar energy equipment with support from a range of host countries, including Egypt, Mauritius, Qatar and
WASHINGTON (Reuters) – World Bank President Ajay Banga on Monday rejected allegations that the bank’s International Finance Corp arm sought to cover up reports of sexual abuse at a for-profit school chain in Kenya in which it held a stake from 2013 to 2022. Banga, asked during a Center for Global Development public event about