07 December 2024
- From limiting access to leisure and social interaction to constraining economic progress, the repercussions of a high restaurant index can be profound, particulalrly in African countries.
07 December 2024
- Agriculture PS Paul Ronoh says the government was seeking new markets and is keen on assisting players to add value to the produce before it is exported.
07 December 2024
- Several African nations have recently taken steps to end France’s military and political influence within their borders, largely driven by rising anti-colonial sentiments and dissatisfaction with France's involvement in regional affairs.
07 December 2024
- An Egyptian military agency has assumed control of the country's strategic commodity imports. In recent weeks, this move has disrupted the global wheat market.
07 December 2024
- MOSCOW, Dec. 7 (Xinhua) — The average hotel cost in Russia for this year’s New Year holidays increased by 19 percent from the same period last year, the latest data from analytics firms showed. The mean cost of short-term rental apartments for the…
07 December 2024
- NAIROBI, Kenya, Dec 7– President William Ruto has announced plans to extend the Standard Gauge Railway (SGR) from Naivasha to Uganda, Rwanda, and the Democratic Republic of Congo (DRC) to bolster regional trade and investment. Speaking during the…
07 December 2024
- The Central Bank of Kenya (CBK) has reduced the benchmark lending rate by a further 75 basis points to 11.25 percent, marking its third rate cut this year.
07 December 2024
- WASHINGTON, Dec. 6 (Xinhua) — A U.S. federal appeals court on Friday upheld a law mandating that ByteDance sell the widely-used social media app TikTok or face a potential ban in the United States, despite widespread opposition. A three-judge panel…
07 December 2024
- NAIROBI, Kenya, Dec 7 – The National Transport and Safety Authority (NTSA) has warned vehicle dealers and showroom operators of license revocation should they fail to document all vehicles in the yards. Its Director General, George Njao, in a…
07 December 2024
- Your gambling addiction is likely rooted in the one-time win of Sh40,000 and the occasional small payouts, which have psychologically trapped you in a cycle of chasing losses.
07 December 2024
- SINGAPORE, Dec. 7 (Xinhua) — A Singaporean charity has unveiled a new initiative to support migrant workers facing critical illnesses, aiming to raise 410,500 Singapore dollars (about 307,875 U.S. dollars) to assist 20 workers over the next two…
07 December 2024
- NAIROBI, Kenya, Dec 6 — Guaranty Trust Bank Kenya has unveiled GT Mazao, a new loan product designed to support Micro, Small, and Medium Enterprises (MSMEs) in scaling their operations. Jubril Adeniji, GT Bank Kenya and East Africa Managing…
07 December 2024
- Nairobi, Kenya, Dec – Jubilee Health Insurance CEO Njeri Jomo has been honored as CEO of the Year at the 2024 Company of the Year Awards (COYA), hosted by the Kenya Institute of Management (KIM). The award recognizes Jomo’s exceptional leadership…
07 December 2024
- The country faces growing electricity demand and a dwindling reserve margin, increasing the risk of blackouts and highlighting the need for faster PPA processes.
06 December 2024
- In Q3 2024, Nigeria's economy grew at a real GDP growth rate of 3.46% year over year, which was somewhat higher than the 3.19% growth rate in the previous quarter.
06 December 2024
- Akinwumi Adesina, the President of the African Development Bank (AfDB), has been crowned the All African Business Leaders Awards’ (AABLA) first-ever ‘African of the Decade’ as he concludes a 10-year tenure marked by several laudable initiatives to…
06 December 2024
- China sits at the top of the list of the most disliked countries globally. Nigeria, the most populous country in Africa, ranks first on the continent as the most disliked and 15th globally.
06 December 2024
- Women worldwide are shattering barriers in innovation and business, making remarkable progress as reflected in the Forbes 2024 Billionaires List.
06 December 2024
- Foreign Affairs PS Korir Sing'oei says Kenya will avoid taking sides to avoid alienating partners who could come through in various capacities.
06 December 2024
- Economic expansion, social change, and sustainable development all depend on education. However, several African countries struggle to attain high levels of education, which hinders their advancement on a number of developmental fronts.
06 December 2024
- In this exclusive interview with Business Insider Africa, Soyombo shares his unique perspective on what makes a tech startup successful, the importance of founder-market fit, and the evolving opportunities in Africa's tech landscape.
06 December 2024
- DEC 6 – Canada is being accused of throwing Mexico under the bus amid a tariff threat ahead of President-elect Donald Trump’s second term in the White House. Last week, Trump threatened he would impose a blanket 25% tariff on both countries when he…
06 December 2024
- NAIROBI, Kenya, Dec 6 – Central Bank of Kenya (CBK) Governor Kamau Thugge has supported the move to raise capital requirements for banks, stating that it will lead to mergers, create stronger financial institutions, and enhance regional influence.…
06 December 2024
- As Lesotho celebrates the 200th anniversary of its founding, it presents investors with a stable, growing market rich in opportunities across tourism, agriculture, and renewable energy, backed by improved infrastructure and investor-friendly…
06 December 2024
- A bus carrying Tanzanian lawmakers to the East African Community Inter-Parliamentary Games in Mombasa, Kenya, collided with a truck.
06 December 2024
- The African Development Bank (AfDB) has finalized a €350 million ($370 million) loan agreement with Morocco, with plans under consideration to provide an additional €650 million to support infrastructure projects for the 2030 FIFA World Cup.
06 December 2024
- Finland’s rally-driving production line is so efficient that it releases world-class drivers in droves annually. They also catch them young.
06 December 2024
- The court found that Mr Hassanali was not served with proper notice, and the land was taken over without following statutory procedures, despite him still holding the title to the land.
06 December 2024
- The World Bank has secured a record $100 billion in pledges to support its International Development Association (IDA), the branch dedicated to providing low-interest loans and grants to the world’s poorest nations.
06 December 2024
- NAIROBI, Kenya, Dec 6 – The Central Bank of Kenya (CBK) has called on commercial banks to urgently reduce their lending rates in a bid to stimulate economic activities and provide relief to borrowers. Speaking during a press conference, CBK…
06 December 2024
- The Agriculture Food Systems and Rural Transformation Strategy in Zimbabwe has piqued Nigeria's interest. As a result, Nigeria dispatched a delegation to the Southern African country led by Abubakar Shaib Kyari, the Nigerian Minister of Agriculture…