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NEWS : NIC Group and CBA to merge operations

NAIROBI, Kenya, Dec 12 – NIC Group PLC and Commercial Bank of Africa (CBA) have announced that their Boards of Directors have authorized the commencement of discussions regarding a potential merger of the two entities. In a Joint communiqué the two banks say the merger would create one of the largest financial services groups in […]
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IFC selects 100 Africa Startups to participate in Africa’s Next Start-Ups program

NAIROBI, Kenya, Dec 12 –  IFC, a member of the World Bank Group, in cooperation with Egypt’s Ministry of Investment and International Cooperation have selected more than 100 high-potential start-ups to participate in a new initiative designed to spur innovation and job creation across the African continent. The start-ups include Vezeeta, Avidbeam and Next Protein.