Nigeria’s Keystone Bank moves to sell insurance unit amid reforms

Keystone Bank is set to divest its 66.54 percent stake in KBL Insurance to Bethel V Limited as Nigerian insurers navigate new capital rules.

Omokolade Ajayi September 13, 2026

Business Hot News

Japan’s Asahi clears major Kenyan hurdle in $2.3B East Africa Brewer takeover

Japan’s Asahi Group wins Kenyan regulatory approval for its $2.3 billion acquisition of Diageo’s controlling stake in East African Breweries.

Omokolade Ajayi September 13, 2026

Business Hot News

Tanzanian tycoon Edha Nahdi commits $35 million to Kenya’s maternal care

Amsons Group head Edha Nahdi pledges $35 million to construct 10 specialized mother-and-baby hospitals across Kenya to address critical care gaps.

Omokolade Ajayi September 13, 2026

Business Hot News

Carrefour Kenya reports $377 million revenue amid rising local competition

Carrefour Kenya generated $377.4 million in revenue in 2025 as store expansion strengthens its position in Kenya’s competitive retail market.

Omokolade Ajayi September 13, 2026

Zimbabwean businessman Ken Sharpe, CEO of WestProp Holdings.

Business Hot News

Real estate tycoon Ken Sharpe’s $1B plan to fix Zimbabwe’s acute housing crisis

To ease Zimbabwe’s 2-million-unit housing deficit, Ken Sharpe’s WestProp is raising a $1 billion fund to bring back 30-year home mortgages by next year.

Omokolade Ajayi September 13, 2026

Tag: Hassan Allam MetiPro acquisition

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Nigeria’s Keystone Bank moves to sell insurance unit amid reforms

Japan’s Asahi clears major Kenyan hurdle in $2.3B East Africa Brewer takeover

Tanzanian tycoon Edha Nahdi commits $35 million to Kenya’s maternal care

Carrefour Kenya reports $377 million revenue amid rising local competition

Real estate tycoon Ken Sharpe’s $1B plan to fix Zimbabwe’s acute housing crisis

Nigeria’s Keystone Bank moves to sell insurance unit amid reforms

Japan’s Asahi clears major Kenyan hurdle in $2.3B East Africa Brewer takeover

Tanzanian tycoon Edha Nahdi commits $35 million to Kenya’s maternal care

Nigeria’s Keystone Bank moves to sell insurance unit amid reforms

Japan’s Asahi clears major Kenyan hurdle in $2.3B East Africa Brewer takeover

Tanzanian tycoon Edha Nahdi commits $35 million to Kenya’s maternal care

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