Kenya Unveils Ambitious Tax Reform Plan, Eyes 90% Compliance Rate
Kenya's President William Ruto announces plans to increase revenue collection from 14% to 22% of GDP in 10 years, leveraging technology and AI for 90% tax compliance rate.
Fintech
Affirm Launches in UK, Enters European Market
US-based BNPL giant Affirm expands to UK, its first market outside North America, ahead of expected regulatory changes.
Further Launches Fintech Platform to Simplify Home Buying
Further's new platform helps first-time homebuyers navigate financial complexities with real-time interest rates and personalized loan guidance
Nigeria Launches Dollar Amnesty Program to Revive Struggling Naira
Nigeria introduces 9-month amnesty program to bring dollars held outside banks back into circulation, aiming to revive the struggling naira.
Nigeria's Savings Priorities Shift as Economic Pressures Mount
Japa no longer top savings goal in Nigeria, economic pressures squeeze disposable incomes, and savings rates decline.
Alan Unveils AI-Powered Healthcare Super App
French health insurance startup Alan launches AI chatbot, online shop, and gamification features to create a comprehensive healthcare platform
Nigerians Save Less Amid Economic Downturn, Fintech Report Reveals
PiggyVest report shows 7% decline in Nigerians saving in 2024, with top savings goals including emergency funds and business growth.
Prosus Aims to List Fintech Firm PayU in 2025
Dutch investor Prosus plans to list Indian fintech firm PayU in 2025, valuing it at $4.2 billion, after regulatory ban lift and payment aggregator approval.
Binny Bansal Exits PhonePe Board After 6 Years
Flipkart co-founder Binny Bansal steps down from PhonePe's board, 3 years after acquisition, still holds 1% stake