21 January 2025
- As the calendar rolls to 2025, several African countries are confronted with the long-term ramifications of borrowing from the International Monetary Fund (IMF).
21 January 2025
- NAIROBI, Kenya, Jan 21 – Cold Solutions Kenya has achieved LEED Gold certification from the U.S. Green Building Council, becoming the first multipurpose temperature-controlled warehouse in Africa to receive this recognition. The accolade…
21 January 2025
- In Nigeria, the combined wealth of just four billionaires ($23.7 billion) is so vast it could easily cover the whole of Lagos city in 500 naira notes,
21 January 2025
- NAIROBI, Kenya, Jan 21 – Adili Group has entered the Rwandan market with the launch of Adili Rwanda, solidifying its role as a leading provider of corporate services in East Africa. Leveraging over 150 years of expertise in regulatory compliance,…
21 January 2025
- Nigeria has moved to strengthen its mining sector by seeking financial and technical support from France to improve geological data exploration.
21 January 2025
- Standfirst: Africa will be the stage for FIFA World Cup matches for only the second time in the 100-year history of football’s greatest show when Morocco co-host the 2030 tournament with Spain and Portugal. It follows South Africa’s successful…
21 January 2025
- JAN 21 – President Trump has signed an executive order granting TikTok a 75-day extension to comply with a law that requires a sale or ban of the platform. He says during that time, the US will not enforce the law passed by Congress last year and…
21 January 2025
- NAIROBI, Kenya, Jan 21 – Kenya Power has awarded tenders worth Sh4.15 billion to businesses owned by youth, women, and persons with disabilities (PWDs) during the financial year 2023/2024, surpassing the initial target of Sh3.2 billion. Youths took…
21 January 2025
- The private sector lending by commercial banks in Kenya dropped by 1.1% in the year to November 2024, marking the first annual contraction since 2002, as high interest rates and a strengthening shilling curtailed credit growth.
21 January 2025
- Navigating cross-border trade within the East African Community (EAC) requires a keen understanding of customs procedures, and one crucial aspect often overlooked is the timely cancellation of customs bonds. Failure to proactively manage this…
21 January 2025
- By Alex Kanyi and Lena Onyango, Jan 21 – There can be no doubt that redeemable preference shares have fast become a key instrument for businesses seeking to raise capital. How can businesses say no when the dual benefits of financing flexibility and…
21 January 2025
- SYDNEY, Jan. 21 (Xinhua) — A protein found in the blood of Australian oysters could help in the fight against antibiotic-resistant superbugs, a research has found. In a new study published on Tuesday, a team from Australia’s Southern Cross…
21 January 2025
- NAIROBI, Jan. 21 (Xinhua) — The National Treasury of Kenya said on Monday that the recent downgrade of the country’s credit rating has significantly impacted its ability to borrow commercial loans from various credit sources. “Rating downgrades lead…
21 January 2025
- TOKYO, Jan. 21 (Xinhua) — Japan’s Financial Services Agency plans to issue business improvement orders to Toyota Mobility Tokyo, a subsidiary of Toyota Motor Corporation, and leading used car dealer Goodspeed, local media reported Tuesday. The move…
21 January 2025
- In a significant boost to agricultural research and innovation in Sub-Saharan Africa, the CIMMYT led the inauguration of the KALRO-CIMMYT Crops Research Facility at the Kiboko Research Station.
21 January 2025
- Topline Big-name billionaires worth a collective $1.2 trillion—including four of the five richest men in the world—attended the inauguration of President Donald Trump Monday morning as many looked to strengthen their relationship with the pro-…
20 January 2025
- DOHA, Jan. 20 (Xinhua) — Qatar initiated a land bridge to supply the Gaza Strip with 12.5 million liters of fuel during the first 10 days of the ceasefire agreement, the Ministry of Foreign Affairs said in a statement Monday. A total of 25 trucks…
20 January 2025
- NAIROBI, Kenya,Jan 20 – The Retail Trade Association of Kenya (RETRAK) has condemned the unannounced removal of shop signage in Nairobi’s Central Business District (CBD), accusing the Nairobi County Government of disregarding the interests of…
20 January 2025
- Algeria had the highest life expectancy at birth in Africa as of 2023, . A newborn infant was expected to live over 77 years in the country. Cabo Verde, Tunisia, and Mauritius followed, with a life expectancy between 77 and 75 years.
20 January 2025
- Major players in Nigeria’s oil industry, NMDPRA, NNPCL, and other marketers are facing legal action as Dangote refinery resumes its bid to halt refined petroleum imports into the country.
20 January 2025
- As presently constituted, jobs in Uganda, particularly in the informal sector are being taken away from the locals by illegal immigrants.
20 January 2025
- Startup founders in Africa faced a significant decline in investments during 2024, driven by reduced interest and lower participation from investors compared to previous years.
20 January 2025
- Egypt has the highest external debt in Africa, standing at $103.75 billion, according to a recent report by Global Firepower, which tracks external debt as part of its annual defence review.
20 January 2025
- The Moroccan government is facing heavy criticism from the international community for trying to cull three million stray dogs ahead of the 2030 FIFA World Cup.
20 January 2025
- DAVOS, Switzerland, Jan. 20 (Xinhua) — The 2025 World Economic Forum (WEF) Annual Meeting commenced on Monday in Davos, Switzerland, calling for global cooperation amid global uncertainty. Themed “Collaboration for the Intelligent Age,” the five-day…
20 January 2025
- NAIROBI, Kenya, Jan 20 – Kenya’s electricity generation saw a decline in November 2024, according to the latest data from the Kenya National Bureau of Statistics (KNBS). KNBS, in its latest report, revealed that local electricity generation dropped…
20 January 2025
- NAIROBI, Kenya, Jan 20 – Absa Bank Kenya and the International Trade Centre (ITC) have introduced the Access to Finance Accelerator programme, a six-week initiative aimed at enhancing financial access for women entrepreneurs in export businesses.…
20 January 2025
- Climate tech attracted 32% of the total tech funding in Africa last year. However, this represents a decline compared to 2023. Dotun Olowoporoku, Managing Partner at Ventures Platform—a VC firm that has backed over 90 startups across Africa,…
20 January 2025
- AI on smartphones is redefining how we interact with technology, from quicker search with voice to smarter photo edits and predicting daily needs before we realize them. Plus, with AI’s pattern-learning, a more personalized user experience. Samsung…
20 January 2025
- NAIROBI, Kenya, Jan 20 – The Kenya Tea Growers Association (KTGA) has sounded the alarm over a series of alarming land invasions and criminal activities targeting large-scale tea producer estates. KTGA Chairman Silas Njibwakale singled out the…
20 January 2025
- NAIROBI, Kenya Jan 20 – The government lost Sh 144.2 million in revenue between August and September 2024 due to a decline in the number of passengers traveling by the Standard Gauge Railway (SGR). Latest data from the National Bureau of Statistics…
20 January 2025
- JAN 20 – Working from home is creating a generation who are “not doing proper work”, the former boss of Marks and Spencer and Asda has warned. Lord Rose told BBC Panorama that home working was part of the UK economy’s “general decline” and employees…
20 January 2025
- The drop comes at the right time for consumers who are coming off the spending spree of last month’s festive season and the re-opening of schools.
20 January 2025
- NAIROBI, Kenya, Jan 20 – Chinese smartphone manufacturer Xiaomi has unveiled its highly anticipated Redmi Note 14 Series in the country. The new series features three new smartphones:Redmi Note 14 Pro+ 5G, Redmi Note 14 Pro and the Redmi Note 14.…
