- Tanzania has announced plans to invest up to $3 billion in strategic manufacturing aimed at making the country a top supplier of Industrial goods within the
- The African Development Bank (AfDB) has given $180 million to Rwanda’s four-year energy project, seeking to raise the number of homes connected to electricity
- Air Botswana has announced plans to resume direct flights from Gaborone to Zimbabwe’s capital Harare and Zambia’s Lusaka, two years after it had stopped them
- Nigeria's large airline operators have called off earlier threats to stop domestic flights from this Monday due to the rise in jet fuel prices, according to
- The weekly Mombasa Tea Auction held on 4th and 5th May 2022 had 12.7 million kilograms of tea offered for sale. The amount on offer increased from 12.5
- The African Securities Exchanges Association(ASEA) is moving closer to linking the African capital markets by facilitating cross-border trading and free
- Wealthy Africans, made up of multi-millionaires, billionaires, millionaires, and centi-millionaires, had private wealth, made up of equities, cash property
- ABSA Bank Kenya Plc has informed its shareholders that the lender’s 43rd Annual General Meeting(AGM)will be held electronically on Thursday, May 26th 2022, at
- Uchumi supermarkets Plc will hold creditors and members' meeting virtually on Monday, 30th May 2022. This is according to a notice issued according to the
- Gone are the days of suit-wearing traders shouting on the floor of the New York Stock Exchange; even those with no knowledge of the financial markets can not
- Kenya is now set to access Sudan's tea Market after the three-year standoff between the two countries over the shelf life of tea was fully resolved, paving
- Imports to the East African Community (EAC) are now set to attract a maximum tax of 35 per cent after all partner states settled on the Common External Tariff
- According to the Economic Survey 2022 released by (KNBS) Kenya’s trade deficit has continued to widen crossing the kes 1 trillion mark in 2021, as imports
- Air France KLM has posted a net loss of €552 million for the first quarter of 2021, one-third of the €1.5 billion loss reported during the same period last
- Uganda has remained adamant on introducing fuel subsidy even amid hiked pump prices following supply disruptions partly caused by Russia’s invasion of Ukraine.
- Crypto exchange, Binance, has won regulatory approval in France, allowing it to operate its cryptocurrency exchange in France. The approval makes France the
- Kenya's gross domestic product (GDP) grew by 7.5 per cent last year, the most significant jump since 2010, data from the Kenya National Bureau of Statistics
- Fuel prices in Tanzania have hit a new record high, with the Energy and Water Utilities Regulatory Authority (EWURA) attributing about 93% of the latest price
- Kenya Commercial Bank (KCB) Group has announced plans to open a new subsidiary in Rwanda, seeking to double its regional business in the next two years and
- South Africa-based VC firm HAVAÍC has announced the third and final close of the HAVAÍC Universum Core African Fund, a $20 million fund that will invest in
- The Central African Republic’s adoption of Bitcoin as legal tender presents a series of challenges for the country and the region, the International Monetary
- NCBA Group PLC has recorded a profit after tax of kes 3.41 billion for the quarter ending March 31, 2022, an increase of 20.3 per cent compared to the kes
- A new survey by the CBK dubbed the banking sector innovation survey shows that commercial banks have identified cyberattacks as a key risk to online banking
- Coca Cola has postponed its estimated $3 billion initial public offering (IPO) for its African bottling to the third quarter of this year, after market
- Sanlam, one of Africa's largest non-banking financial services companies, and Allianz, one of the world’s leading insurers and asset managers, have agreed to
- Qantas has announced plans to launch the world’s longest non-stop commercial flight, with passengers set to spend 19 hours from Sydney to London by the end of
- Nairobi Securities Exchange(NSE) saw more foreign investors cashing out, dumping a further KSh 1.7 billion ($14.3 million) worth of stocks in April 2022.
- East African Breweries Limited(EABL) has paid an interest payment of KSh673.8 Million to bondholders of its KSh 11 billion medium-term corporate bond.
- African Banker magazine and Backbase, the leading Engagement Banking Platform, have partnered to produce the 2nd edition of a report on African Digital Banking.
- TotalEnergies has announced plans to sell its minority stake in an onshore oil-producing joint venture in Nigeria. This will be the latest divestment of Nigerian oil assets by an international major.
- The European Union is seeking to step up cooperation with African countries to help replace imports of Russian natural gas and reduce dependence on Moscow by
- South African manufacturing activity expanded at a much slower pace in April, as business activity and new sales dropped following devastating floods in the