Standard Chartered Kenya is about to become a tenant in its own headquarters. Business Daily reported that the lender is working through bids to sell the Westlands property while leasing back the space it still needs, another sign that many banks are deciding they don’t need to own as much real estate as they once did.
Let’s look at the key events across African tech yesterday.
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There was a time when crypto exchanges were obsessed with getting everyone to buy Bitcoin. Luno is still very much in the retail trading business, but it is trying to build additional revenue streams beyond individual crypto traders; its staff is the price to pay for that restructuring.
Originally published by TechCabal.