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- YAOUNDE, Dec. 2 (Xinhua) — Cameroon’s economy is forecast to grow by 4.1 percent in 2025, up from 3.8 percent in 2024, according to the country’s Prime Minister Joseph Dion Ngute. Ngute made the announcement while delivering the 2025 state budget to the National Assembly Sunday night. Cameroon’s…
- NAIROBI, Kenya, Dec 2 – Equity Group CEO James Mwangi has been appointed to the World Bank Group’s High-Level Advisory Council on Jobs. The council, which was launched during the 2024 World Bank Group-IMF Annual Meeting in Washington, D.C., will provide critical guidance on creating job…
- NAIROBI, Kenya, Dec 2 – Tatu City has been appointed the Regional Office and National Contact Point for the World Free Zones Organization (WFZO). The formal announcement was made at the 9th African Economic Zones Organization Annual Meeting held at the Kenyatta International Convention Centre in…
- By Dr. Winnie Owila DEC 2 – Every November 18 to 24 is World AMR Awareness Week. The global community comes together to mark World Antimicrobial Resistance Awareness Week (WAAW), a looming global crisis that threatens the foundations of modern medicine. Directly responsible for approximately 1.27…
- NAIROBI, Kenya Dec 3 — Geminia Life Insurance has raised an alarm on the significant financial vulnerability of SACCOs in Kenya due to the lack of credit insurance to safeguard against loan defaults caused by unforeseen circumstances such as the death of borrowers. According to the SACCO Society…
- DEC 2 – Top UN court to rule on The world’s top court has begun hearing evidence in a significant case that may clarify the legal responsibilities of governments in relation to climate change. The International Court of Justice (ICJ) in The Hague will hear testimony from nearly 100 countries…
- COLOMBO, Dec. 2 (Xinhua) — Sri Lanka’s Hambantota International Port will revitalize its container operations with a 41-million-U.S.-dollar crane upgrade, set to be fully operational by January 2025, the Hambantota International Port Group (HIPG) said in a press statement on Monday. The enhancement…
- NAIROBI, Kenya, Dec 2 – Ride-hailing company YEGO Mobility has signed a partnership with SGA Security to enhance passenger safety through advanced security measures and rapid response services. Under the deal, YEGO will leverage SGA Security’s extensive infrastructure and fleet to provide real-time…
- NAIROBI, Kenya, Nov 2 – Schneider Electric has partnered with ImeXolutions to unveil the Altivar™ Process Modular Drives, an intelligent low-voltage process drive system designed for seamless integration into industrial settings. The partners say the drives, which boast capacities ranging from 110…
- NAIROBI, Kenya, Dec 2 – Nairobi has been ranked 6th among the top 30 most attractive cities in Africa by The Africa Report and its sister magazine, Jeune Afrique. The ranking assessed African cities based on quality of life, infrastructure and housing, employment and economic opportunities,…
- WELLINGTON, Dec. 2 (Xinhua) — New Zealand saw 2,850 new homes consented last month, down 6.9 percent compared with October 2023, according to the statistics department Stats NZ on Monday. A total of 1,487 multi-unit homes, including townhouses, apartments, retirement village units, and flats, were…
- Nairobi, Kenya Dec 2 – Efforts to bolster Kenya as the best tourist destination has been boosted despite the upheavals facing the tourism sector including global economic crises and heavy taxation. Twiga Tours, one of Kenya’s leading tour operators, has secured the prestigious World’s Leading Tour…
- DEC 2 – The boss of car making giant Stellantis – which owns brands including Chrysler, Vauxhall, Jeep, Fiat and Peugeot – has stepped down with immediate effect. Carlos Tavares’ abrupt exit comes two months after Stellantis issued a profit warning. Last week, the firm also announced plans to close…
- DEC 2 – US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote […]
- NAIROBI, Kenya, Dec 2 – The Central Bank of Kenya (CBK) Governor Kamau Thugge has blamed lack of infrastructure as a major stumbling block for Financial Technology (FinTech) growth in Africa. Thugge, who spoke during 61st Biannual plenary hosted by the African Economic Research Consortium (AERC) in…
- TOKYO, Dec. 2 (Xinhua) — Japan’s corporate profits saw the first year-on-year decrease in seven quarters for the July-September period as intensifying competition with overseas firms and a temporary yen appreciation dragged down manufacturing profits, government data showed Monday. Profits for all…
- NAIROBI, Kenya, Dec 2 – The National Biosafety Authority (NBA) now requires individuals rearing Genetically Modified Organisms (GMOs) to register and obtain approval, following the High Court’s November 7 ruling lifting the 2012 ban on GMO cultivation. NBA has emphasized strict adherence to…
- DEC 1 – Jubilee Health Insurance (JHI) has been named the Winner of the Brand Communication Campaign of the Year Award at the prestigious MSK Awards, recognizing the company’s innovative and impactful Always With You campaign. The Marketing Society of Kenya (MSK) Awards celebrate excellence in…
- ADDIS ABABA, Nov. 30 (Xinhua) — Ethiopia’s national flag carrier, Ethiopian Airlines, announced on Saturday the resumption of passenger flights to Monrovia, the capital of Liberia, effective Nov. 30. The inaugural flight was celebrated in the presence of several high-ranking officials from both…
- NAIROBI, Kenya, Nov 30 – Dealroom.co, GrowthAfrica, and Systemic Innovation have launched the Kenya Startup Ecosystem Platform, an open-access digital hub aimed at enhancing visibility and data-sharing within Kenya’s startup ecosystem. The platform offers real-time insights into startups, funding…
- NAIROBI, Kenya, Nov 29 – The uptake of microinsurance in Kenya has surged by 72% over recent years, driven by demand for affordable and accessible coverage, according to a new report by the Association of Kenya Insurers (AKI). Popular products include health, last expense, personal accident, and…
- DHAKA, Nov. 30 (Xinhua) — Internet services across Bangladesh will be disrupted temporarily for three hours on the night of Dec. 2 due to maintenance of the country’s first submarine cable. SEA-ME-WE 4, the country’s first submarine cable system, is located in Cox’s Bazar district, some 400 km…
- NAIROBI, Kenya, Nov 30 – Tech firm Zoho has entered into a strategic partnership with the Kenya Network Information Centre (KeNIC), the registry managing Kenya’s .ke domains, to offer enhanced value to local businesses. Under the agreement, Zoho will provide wallet credits worth KSh 50,000 to…
- NAIROBI, Kenya, Nov 30 – Safaricom has unveiled its enhanced 5G for Business service, targeting small and medium-sized enterprises (SMEs) with faster, more reliable connectivity at affordable rates. The upgraded service delivers speeds up to five times faster than before, enabling businesses to…
- NOV 30 – Schneider Electric has unveiled the Africa Explorer Programme, a cross-continent initiative aimed at developing early-career African professionals through international exposure, skills training, and leadership opportunities. The programme, part of Schneider Electric’s Africa Talent…
- SAN FRANCISCO, Nov. 29 (Xinhua) — The Thanksgiving Day on Thursday generated 33.6 billion U.S. dollars in sales online globally, an increase of 6 percent from a year ago, Salesforce said Friday, adding the U.S. market alone went up 8 percent to 8.1 billion dollars, and Europe was also a standout…
- KISUMU, Kenya, Nov 30 – Carrefour Supermarket will close its store at Mega Plaza along Oginga Odinga Street by November 30, 2024, rendering hundreds of employees jobless and impacting local suppliers. In a notice dated November 27, Majid Al Futtaim Retail, Carrefour’s operator, attributed the…
- NOV 29 – Forex trading offers the potential for significant profits, but in order to maximize those profits, traders need sound strategies. Here are some of the top forex trading strategies that can help traders make the most of their trading. Use Support and Resistance Levels When engaging in…
- BANDAR SERI BEGAWAN, Nov. 29 (Xinhua) — Thirty-eight families affected by recent fires, house collapses, and strong wind incidents have received financial assistance from the Sultan Haji Hassanal Bolkiah Foundation of Brunei, local media reported on Friday. According to the local daily Borneo…
- ELDORET, Kenya, Nov 29 – Eldohub is set to launch the first-ever Eldoret City Investors Forum, positioning Eldoret as a premier destination for investment and innovation. The event, organized in partnership with the UK Kenya Tech Hub and the British High Commission, will bring together investors,…
- NAIROBI, Kenya Nov 29- Kenya is set to host the inaugural Tech Run event that aims to unlock tech innovations across the country. The event organized by Eldohub, an education, innovation and tech organization in partnership with UK Kenya Tech Hub and the British High Commission, will be held on 1st…
- NAIROBI, Kenya, Nov 29 – The International Livestock Research Institute (ILRI) has marked five decades of research and collaborative partnerships with focus on bolstering its stance on sustainability. ILRI says its operations continues to have far reaching effects on transforming livestock systems…
- NOV 29 – SunCulture in partnership with Turaco Microinsurance Company has launched ‘SunCulture Protect’ to build smallholder farmers’ resilience against climate change with affordable insurance In a press statement dated November 29, 2024, SunCulture, a leader in solar-powered irrigation solutions…
- NAIROBI, Kenya, Nov 29 – The Nyeri Environment & Lands Court has issued conservatory orders regarding Petition E 001 of 2024 that aims to shield the Aberdare ecosystem from developments that could harm its environment and local communities. The orders, issued by a three-judge bench earlier this…
- TOKYO, Nov. 29 (Xinhua) — Unemployment rate in Japan ticked up 0.1 percentage point from the previous month to 2.5 percent in October, the first increase in three months, government data showed Friday. According to the Ministry of Internal Affairs and Communications, the total number of people with…
- NAIROBI,Kenya,Nov 28– Safaricom Sacco has rebranded to Qona Sacco in what it says marks a pivotal moment in its 23-year history. The sacco says the rebrand showcased a refreshed identity that reflects the Sacco’s growth, innovation, and continued commitment to its members. Founded in 2001 as a…
- NAIROBI, Kenya, Nov 28 – Kenya Electricity Generating Company (KenGen) has reported significant progress on its Sh 250 million geothermal development contract with Eswatini Electricity Company (EEC). The project, which focuses on assessing the geothermal potential in three regions of Eswatini,…
- VIENNA, Nov. 28 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, has posted its ministerial meeting, originally scheduled for Sunday, to Dec. 5. The Vienna-based OPEC said in a statement on Thursday that the ministerial meeting has been…
- WINDHOEK, Nov. 28 (Xinhua) — The Communications Regulatory Authority of Namibia (CRAN) has issued a cease-and-desist order to SpaceX’s Starlink satellite internet service, directing the company to immediately halt its operations within Namibian borders. The decision stems from an investigation that…
- NAIROBI, Kenya, Nov 28 – The Competition Authority of Kenya (CAK) has unconditionally approved the acquisition of Trapin Holdings Limited by Botswana-based Pamstad Proprietary Limited. The merger, according to CAK, will not harm competition in Kenya’s trade marketing, branding, or fast-moving…
- NAIROBI, Kenya Nov 28 – Kenya Breweries Limited’s (KBL) Senator Keg brand has kicked off a nationwide celebration marking 20 years since its launch, under the theme “Tuzidi Kuinuana” (Let’s Keep Uplifting Each Other). The campaign highlights Senator Keg’s contributions to economic growth, community…
- OTTAWA, Nov. 28 (Xinhua) — A 25 percent tariff would be damaging to both Canadian and American workers alike and would lead to job losses on both sides of the border, Canadian Prime Minister Justin Trudeau warned on Wednesday, in response to U.S. President-elect Donald Trump’s tariff threat.…
- NAIROBI, Kenya, Nov 28 – I&M Bank has announced a reduction in its lending interest rates by a total of 0.75%, aimed at increasing access to credit for individuals and businesses across Kenya. The move comes in response to the Central Bank of Kenya’s (CBK) recent cut in the Central Bank Rate (…
- NAIROBI, Kenya, Nov 28 – Craft Silicon, a financial and technology solutions provider, has been featured in the Forbes India Select 200 – DGEMS 2024, an exclusive list that recognizes entrepreneurs and companies with high global growth potential. The selection highlights Craft Silicon’s commitment…
- NAIROBI, Kenya Nov 28 – The World Macadamia Organisation (WMO) has confirmed ongoing plans to support the macadamia industry through growing demand for the superfood in the global market. Speaking at the start of a weeklong source market familiarisation visit to Kenya, WMO Chief Executive Officer…
- NAIROBI, Kenya Nov 28 – Cabinet Secretary Aden Duale inaugurated the two-day African Development Bank (AfDB) Climate Action Window (CAW) Adaptation Workshop in Nairobi, reinforcing Kenya’s leadership in Africa’s climate action efforts. Kenya has committed to cutting greenhouse gas emissions by 32%…
- NAIROBI, Kenya, Nov 28 – Public health experts across Africa are urging the adoption of science-led approaches in tobacco regulation and policy development to better support harm reduction efforts and improve public health outcomes. The experts who met in Nairobi for the fourth edition of the Harm…
- NAIROBI, Kenya, Nov 28 – Special Economic Zones (SEZs) created over 7,000 direct jobs and contributed Sh91 billion to the country’s Gross Domestic Product (GDP), according to Principal Secretary for the State Department of Industry Juma Mukhwana. Mukhwana, who spoke during the opening of the 9th…
- NAIROBI, Kenya, Nov 28 – The Director of Resource Mobilization for the International Development Association (IDA), Dirk Reinermann, has urged donor countries to fulfill their financial pledges, stressing the importance of sustained contributions to ensure continued development across the world’s…
- HOUSTON, Nov. 27 (Xinhua) — U.S. crude oil refinery inputs averaged 16.3 million barrels per day (b/d) during the week ending Nov. 22, 67,000 b/d more than the previous week’s average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday. Refineries…
