BT Reporter

Yellow Card, Visa to Accelerate Stablecoin Adoption Across Africa

Crypto /

Yellow Card, the stablecoin payments orchestrator, has partnered with Visa to help drive adoption of stablecoins in cross-border payments and payments in 20+ African countries where Yellow Card operates. The two firms will explore stablecoin use cases and treasury operations, enhance liquidity management, and enable faster, more cost-effective money movement across borders. According to Chris […]

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Kenya Tourism Board Targeting Over 750,000 European Tourists This Year

Business, Tourism /

The Kenya Tourism Board (KTB) is targeting to welcome 764,734 European tourists this year, a 12.5% increase from last year due to air connectivity and safety assurances. The board last year received 680,373 guests but it expects an increase due to plans by Kenya Airways to launch direct flights to London Gatwick from July 2nd,

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Qatar Airways Retains Skytrax ‘Airline of the Year’ Title for 9th Time

Business, Transportation /

Qatar Airways has once again been named the ‘World’s Best Airline’ by the prestigious international air transport rating organisation, Skytrax, retaining the top position for a record-breaking ninth time. Qatar Airways says the achievement reaffirms its steadfast commitment to delivering excellence across every touchpoint of the travel experience. In addition to securing the airline industry’s

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CFAO Mobility Kenya & Almasi Financial Services to Offer Sharia-compliant Financing

Business /

CFAO Mobility Kenya and Almasi Financial Services have partnered to give their customers access 90% financing to purchase commercial vehicles at very convenient rates and payable within 60 months. The deal is expected to boost the transport and logistics sector by providing entrepreneurs with affordable access to heavy commercial trucks, through a Sharia-compliant finance partner.

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Kenya’s Afya Gemma Selected for 2025  Google.org  Accelerator

AI, Apps, Technology /

Afya Gemma, a Kenyan AI-powered clinical decision support platform developed by Aga Khan University Data Innovation Office has been selected to participate in the 2025 Google.org Accelerator: Generative AI. Afya Gemma will scale its efforts to equip clinicians across Kenya with real-time, evidence-based guidance tailored to local healthcare realities. “We’re honoured to join the 2025 Google.org

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Cross-border Payment Solution Verto Launches Verto Reserve

Apps /

Verto, a global cross-border payments platform, has launched Verto Reserve, a new feature that empowers businesses to earn interest on their holdings in G10 and African currencies regardless of their country of incorporation. The new platform will help customers to utilize idle funds sitting in various currency wallets and accounts, achieving interest earnings of up

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LemFi acquires fintech Pillar, to launch credit cards for immigrants

Apps, Business, Games /

LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition paves the way for LemFi to launch specialised credit cards designed especially for immigrant communities, addressing one of their most persistent

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Twiga to Let Go of Over 300 Employees in Great Pivot

Business, Software, Technology /

Twiga, the Kenyan agritech and retail distribution company, which has been restructuring and pivoting to profitability, has reportedly let go of over 300 employees to achieve its ‘NewCo’ dream. According to a report by pan-African tech publication TechMoran, “The company intends to declare financial distress, file a manufactured bankruptcy, fire over 300 employees, transfer assets

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Why technology could be a tipping point for insurance uptake

Climate Finance /

By Prudence Khamati Insurance for most Kenyans, is a grudge purchase – something people reluctantly buy because it is mandated, not necessarily because they see its value. This has contributed to a low insurance penetration rate of under 3%, according to the Insurance Industry Annual Report 2023 by the Insurance Regulatory Authority (IRA), significantly below

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