Standard Chartered Kenya (StanChart), the country’s eighth-largest bank by assets, has reduced its workforce to fewer than 1,000 employees, marking the 11th consecutive year of job cuts as the lender accelerates automation and digital banking adoption. The bank employed 942 staff at the end of 2025, down from 1,001 a year earlier, according to its … Read more
There’s a pattern behind most digital fraud cases in Nigeria, and it often starts with something that seems small. A phone number gets swapped. Access shifts quietly. By the time the real account holder notices, the damage is already done. The Central Bank of Nigeria is trying to close that gap. In a new directive, … Read more
There’s a moment when payments stop feeling like a process and start feeling invisible. No waiting, no uncertainty, no “it should reflect soon.” Just money moving when you need it to. Namibia is edging closer to that moment. The Bank of Namibia has set June 2026 as the target for rolling out its national instant … Read more
There’s a point in every market where digital stops being a side channel and becomes the default. In Kenya, that moment isn’t coming, it’s already here. Absa Bank Kenya’s decision to commit up to KES 3 billion, about $23.2 million, every year to technology isn’t just another investment headline. It’s a signal. The bank is … Read more