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Top Metropol TV - Turning Data Into Cents News

Bill Gates says most of the $200 billion he's pledged to donate will go to Africa
Bill Gates · United States

Bill Gates says most of the $200 billion he's pledged to donate will go to Africa

37% Right coverage: 49 sources
Bill Gates is revealing his plans for the $200 billion he intends to give away through his foundation over the next 20 years, vowing that much of the money will go to Africa. See the Story
Rwanda Quits Central African Bloc in Dispute with Congo
African Union · Rwanda

Rwanda Quits Central African Bloc in Dispute with Congo

42% Center coverage: 24 sources
Instead, the bloc kept Equatorial Guinea in the role, which Rwanda's foreign ministry denounced as a violation of its rights.Rwanda has said it would withdraw from the Economic Community of Central African States (ECCAS), underscoring diplomatic tensions in the region over an offensive this year by Rwanda-backed M23 rebels in eastern Congo. Kigali had expected to assume the chairmanship of the 11-member bloc at a meeting on Saturday in Equatorial Guinea.See the Story
Kenya: Cabinet Secretary Mbadi to Present Sh4.24tn Budget
Business · Nairobi

Kenya: Cabinet Secretary Mbadi to Present Sh4.24tn Budget

Coverage: 2 sources
Nairobi -- Treasury Cabinet Secretary John Mbadi is expected to present the Sh4.24 trillion 2025/26 budget in Parliament Thursday afternoon.See the Story

Safaricom Again Denies Spy Claims in Ojwang Arrest Outrage

Safaricom urged Kenyans to disregard any attempts to incite public opinion and instead demand a transparent and credible investigation into Ojwang’s death. - Kenya breaking newsSenate · KenyaSee the Story

Uruguay-Based dLocal Intends to Acquire Fintech AZA Finance

100% Right coverage: 2 sources
Uruguayan payments giant dLocal confirmed plans to acquire Nairobi-based AZA Finance for $150 million, according to a June 3 regulatory filing. The deal, pending approvals, aims to strengthen dLocal’s African footprint while diversifying beyond its Latin American stronghold, which currently drives 75% of its $746 million annual revenue. AZA Finance brings 15 million processed transactions […]FinanceSee the Story

Why Are Loan Defaults Rising Despite the Availability of Credit Risk Tools?

On June 10, 2025, the Monetary Policy Committee (MPC), through its chairman, Central Bank Governor Kamau Thugge, announced that the gross non-performing loans (NPLs) ratio in Kenya’s banking sector had climbed to 17.6 percent in April, up from 17.2 percent in February. This upward trend in loan defaults, particularly in real estate, personal and household, … The post Why Are Loan Defaults Rising Despite the Availability of Credit Risk Tools? fir…Central Bank · KenyaRead Article

Britam Buys 30% State in Nigeria-Based Continental Re Plc

Britam Holdings Plc has expanded its footprint in Kenya’s reinsurance sector after acquiring a 30% stake in Continental Reinsurance Kenya, a subsidiary of Nigeria’s Continental Reinsurance Plc. Britam is among the leading financial services in Kenya is backed by prominent investors such as Jimnah Mbaru, Peter Munga, James Mwangi, and Jane Wanjiru Michuki, Through its … The post Britam Buys 30% State in Nigeria-Based Continental Re Plc first appe…Lagos, Lagos · LagosRead Article

Jambojet Posts Ksh.873M Loss in 2024 on High Fuel Costs

Jambojet, a low-cost subsidiary of Kenya Airways (KQ), reported a Ksh.873 million loss in 2024, worsening from a Ksh.335 million loss in 2023. This, according to a report by Business Daily, was due to high fuel costs, a weak Kenyan shilling, and increased operational expenses from leasing two aircraft. Profitability was strained despite a 25% … The post Jambojet Posts Ksh.873 Million Loss in 2024 on High Fuel Costs first appeared on Metropol Dig…Nairobi · NairobiRead Article

Bolt Launches Its Comfort Category In Nairobi

Ride-hailing platform, Bolt, has launched ‘Bolt Comfort’, a new ride category targeting middle class and professional commuters. Bolt projects that... SourceNairobi · NairobiSee the Story

Superior Homes, HF Group Partner to Deliver Quality Housing + Affordable Mortgages

Superior Homes Kenya (SHK) and HFC Kenya have signed an MOU to link potential homeowners with quality housing + affordable mortgages. HFC Kenya is owned by HF Group. Under this partnership, HF Group will provide concessional mortgage financing at a rate of 9.5%. The agreement also includes a 20-year loan term and a commitment to […] The post Superior Homes, HF Group partner to deliver quality housing + affordable mortgages appeared first on Hapa…Housing · KenyaSee the Story

State Revives Sugar Board to Salvage in Ailing Sector

The Kenyan government has revived the Kenya Sugar Board (KSB) in what is seen as a way of restoring investor confidence in the troubled sugar sector. In a notice shared to the public, the board resumed its mandate on June 3, 2025, as a fully re-established State Corporation, backed by the recently enacted Sugar Act … The post State Revives Sugar Board to Restore Investor Confidence in Ailing Sector first appeared on Metropol Digital.Kenya · KenyaRead Article

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