(KYIV, UKRAINE) – Applications have opened for technology competitions under the European Union’s flagship grant programme BraveTech EU. The competitions, called DefTech Forges, are aimed at defence companies. Ukraine’s Ministry of Defence announced the opening. The competitions are a series of offline events for selected defence startups. They will competeContinue Reading
(NAIROBI, KENYA) – Kenyan cryptocurrency startups are considering moving their operations abroad. The move follows new minimum capital requirements that founders say are beyond the reach of many early stage firms. At least five startup founders who spoke to media said they are considering registration in South Africa or Mauritius.Continue Reading
(NAIROBI, KENYA) – The Central Bank of Kenya has failed in its attempt to be removed from a court case in which an M-Pesa customer has sued Safaricom over mobile money fraud. The court ruled that the central bank’s role as regulator of payment service providers makes its presence necessaryContinue Reading
(NAIROBI, KENYA) – Kenya and the International Monetary Fund have restarted discussions on a new lending programme. The arrangement is expected to provide fresh loans but will also bring difficult conditions for taxpayers. The Central Bank of Kenya said on Wednesday that an IMF team will visit Nairobi soon. TheContinue Reading
(KYIV, UKRAINE) – Ukrainian banks will begin introducing new monthly transfer limits for certain individual entrepreneurs and companies from 14 August, under an updated memorandum designed to close channels used for tax evasion and money laundering. The restrictions will apply in two phases, with the second stage taking effect fromContinue Reading
(NAIROBI, Kenya) – Kenya plans to create a public register of people who ultimately own or control trusts, a move designed to curb illicit money flows and help the country exit the global money laundering grey list. The Trust Administration Bill, 2026, now before Parliament, introduces mandatory disclosure of ultimateContinue Reading
(KYIV, UKRAINE) – The total number of non-bank financial institutions in Ukraine fell by 11 companies during July 2026 to stand at 727, while the number of banks remained unchanged at 59, according to data released by the National Bank of Ukraine. The central bank said it had cancelled allContinue Reading
(KYIV, UKRAINE) – Ukraine’s farm sector will need about UAH 200 billion (USD 5.4 billion / GBP 4.2 billion / EUR 5.0 billion) in working capital to get through the autumn period, with a further UAH 300 billion to UAH 350 billion (USD 8.1 billion to USD 9.5 billion /Continue Reading
(KYIV, UKRAINE) – Ukraine is pushing to speed up work on meeting the conditions tied to the European Union’s Ukraine Facility programme in order to secure the full amount of financing still available under the plan. Prime Minister Serhiy Koretskyi has told ministers to move faster on delivering the commitmentsContinue Reading
(KYIV, UKRAINE) – Local government budgets across Ukraine received 324.9 billion hryvnias in tax and fee payments during the first seven months of 2026, according to data released by the State Tax Service. The figure represents a rise of 16 percent, or 44.9 billion hryvnias, compared with the same periodContinue Reading
