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Kenya cuts lending rate to 11.75%, urges banks to reduce interest rates

(L-R): Tengeri Osoro, Director Premier Bank Kenya, Osman Dualle, CEO of Premier Bank Kenya and Mark Elliott, Division President for Africa at Mastercard and Shehryar Ali, SVP and Country Manager for East Africa and Indian Ocean Islands during the signing of the collaboration agreement that will introduce Shari'ah-compliant payment solutions in Kenya.

Premier Bank, Mastercard launch Shari’ah compliant payment solutions in Kenya

Gerald Maithya, GM, Microsoft Africa Transformation Office, Wilfred Njuguna, CEO Zendawa, Wei Xiao, Director of Developer Relations, Africa and Middle East and Phyllis Migwi, Country GM Microsoft East Africa during the Microsoft NVIDIA AI Startup Partnership Launch.

Microsoft, NVIDIA, eyes AI innovation among startups in Africa

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Blow as Binance ceases operations in Nigeria

Amidst the directive, top directors of the company have been detained, with the company allegedly slapped with a $10 billion fine. Binance has not released any statement as to the closure, and neither has the Nigerian authorities divulged any information.

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