- Malta, the island state of the Mediterranean Sea, is famous for its excellent conditions for recreation. However, tourism is far from the only reason to visit
- South Africa is forging ahead with a plan to create a new state-owned power company by converting three coal-fired plants into gas-burning generators to ease
- Zambia has won International Monetary Fund board approval for a $1.3 billion support package, an important step toward the nation restructuring its debt and a
- Electricity generating firm KenGen has signed an MoU with Toshiba Energy Systems & Solutions Corporation, which will see the two firms offer Operation
- Monthly, Kenya's inflation data by the Kenya National Bureau of Statistics (KNBS) shows the country’s overall rate of inflation in August stood at 8.5 per
- The Competition Authority of Kenya(CAK) has approved the conversion of loans advanced by three foreign firms to internet and pay TV provider, Wananchi Group,
- Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one of the largest
- NCBA Group has announced plans to invest $16.6 million in its Tanzanian subsidiary this year, seeking to increase its capital that was famished by losses and
- Britam Holdings has posted a net profit of Sh 667.5million for the half-year period ending June 30, a 77 per cent jump from Sh376 million posted in a similar
- Family Bank Group has posted a Sh1.6billion net profit in the first six months of 2022, a 37.4 per cent increase compared to Sh1.1 billion registered in the
- Technology giant Microsoft has named Kunle Awosika as the new Managing Director of the Africa Transformation Office (ATO), its subsidiary charged with driving
- China Airlines has announced plans to buy 16 of Boeing’s 787 Dreamliner wide-body planes. The deal is valued at $4.6 billion, with deliveries expected to
- Economic growth in Nigeria, Africa’s biggest crude producer, accelerated faster than expected in the second quarter, driven by growth in the non-oil sector.
- China's Jack Feng of Wankang Group, is set to invest more than $311 million US dollars to build in an ultra-modern float glass manufacturing factory in Mkiu
- Kenya has announced plans to begin the exportation of day-old chicks to Malaysia and Mauritius, seeking to increase the country's live animal exports.
- A study found that successful businesses regularly assess customer satisfaction in excess of 85% of cases. Thanks to technology, particularly the internet, it
- Kenya Power has revived its bid for a review of electricity prices months after power charges were slashed by 15 per cent, dealing a heavy blow to its finances.
- Kenyan founded Pan-African embedded finance Fintech Pezesha has raised a pre-series A funding round of $11 Million in a mix of $6 million equity and $5
- Iran's government has approved a set of regulations for trading with cryptocurrencies, a move that allows the country to skirt some U.S. financial sanctions
- Kenyans borrowed an average of Sh1.6 billion daily from Safaricom’s overdraft service, Fuliza, in the six months to June this year, showing increased
- Uganda Securities Exchange (USE), the country’s principal stock exchange, has announced the admission of Chipper Technologies Uganda Limited trading as
- Safaricom Ethiopia has begun a large-scale customer pilot of its network in Dire Dawa City. This is part of the company's phased city-by-city regional network
- California has announced plans to ban the sale of new petrol-only vehicles by 2035, marking a historic step in the state’s attempts to tackle climate change.
- The Democratic Republic of Congo (DRC) has begun rationing jet fuel following a severe shortage that has left it struggling with a pile-up of planes in
- Japan pledged $30 billion in aid for development in Africa, saying it wants to work more closely with the continent, with the rules-based international order
- Jubilee Holdings Limited has reported a decline of 21% in half year profit before tax to KES 4.1 billion for the period ended 30th June 2022. The Nairobi
- DPO Group Kenya has received official approval from the Central Bank of Kenya (CBK) to operate as a Payment Service Provider (PSP). DPO Group is 100% owned by
- U.S retail giant Walmart which owns a majority stake in Massmart, has proposed to acquire the rest of the shares in the company in a deal valued at 1.34
- Profits of China’s major industrial enterprises fell by 1.1 per cent year on year in the January-July period, according to official data released on Saturday.
- Leading financial services group Absa Bank Kenya reported its financial results for the half year period ended June 2022 with net profit growing by 13 percent
- Tanzanian companies have been granted exemption on imported products that attract 35% duty, barely a month after the EAC Common External Tariff (CET) came
- STIMA, a battery swapping technology company targeting the deployment of convenient battery swapping infrastructure for electric motorcycles at scale, and One
- The oldest Airline with links to Nigeria, British Airways (BA), is on the verge of suspending fight operations in Nigeria following difficulty to repatriate
- Kenya Airways (KQ) has so far received KSh6.7 billion out of the KSh26.6 billion of state support provided by the National Treasury on 4th February this year.
- The weekly Mombasa Tea Auction held on 22nd, 23rd and 24th August 2022 had 12.3 million kilograms of tea offered for sale. The amount on offer was similar as
- The Nairobi Securities Exchange (NSE) has released its financial performance for the first half of 2022, a period that the exchange saw lower than expected