Kenya Airways investor search faces fresh delay as competing proposals complicate its turnaround
Kenya Airways' search for a strategic investor has faced complications, delaying the tender process. The airline's revenue increased by 9% in the first half of the year, but losses widened to KSh16.1 billion.
MoMo Payment Service Bank (PSB) appoints Bode Abifarin CEO
MoMo PSB appoints Bode Abifarin as Managing Director and CEO effective September 1, 2026. Bode Abifarin has over 23 years of experience in financial services and fintech.
Kenya Airways weighs aircraft-for-equity deal as more investors seek a stake
Kenya Airways is seeking fresh capital to address financial challenges, with at least four potential investors interested. The airline's revenue increased by 9% to KSh81.3 billion, but it reported a net loss of KSh16.1 billion due to rising operational costs.
Nigeria’s crypto exchanges must now report trades, but enforcement remains unclear
Nigeria's new tax policy for cryptocurrency transactions took effect in January 2026, requiring exchanges to log trades into a government portal. The Nigeria Revenue Service oversees the new system, which aims to calculate applicable taxes on digital asset transactions.
